California Is Not Serious About the Earthquake Danger

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Subject:	"California Is Not Serious About the Earthquake Danger"
Date:	Tue, 15 Mar 2011 10:28:58 -0700
From:	Jas Jain

"California Is Not Serious About the Earthquake Danger"

This according to historian Simon Winchester (he appeared on Bloomberg) who wrote a very interesting (story-telling) book on the 1906 SF quake. America breeds dopes and California breeds careless dopes! Success is hard for dopes to cope with (it blinds them, naturally)!! Silly.con Valley dopes, living among the wicked and the crooks (the latest being Marc Zuckerberg) don't mind the risks properly. What else is new? Like every dog, every ass has his day! And pigs would roam free in Silly.con Valley. All in due course.

Jas

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March 15, 2011

What If Scenario: Powerful Earthquake In the SF Bay Area

Someone on Bloomberg talked about the above scenario earlier today. He mentioned a more devastating fault than the well-known San Andreas Fault—the Hayward fault. He estimated a loss of $1.5 Tr. I bet that if one counts the losses in the Scams and the unreal estate in the area, the losses in the "wealth" would be several times the losses due to the damage caused by the earthquake. I am sure the risk is not factored in the prices of the local scams and the unreal estate, both commercial and residential. "Accidentally," lot of "wealth" created by the Scam Market fraud would disappear. That no one would mourn.

Jas

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