Wednesday, February 09, 2005

The Voice of the White House

"I have seen an NOAA report on the catastrophic melting of both polar icecaps that states, with great firmness, that the sea levels are now rising and in less than three years will have reached the point where high tides and storm-surges will to terrible damage to low-lying areas such as the American Gulf Coast, all of Florida, much of the East Coast, places like the Pacific islands, Bangladesh, Holland and other geographical areas. If this is true, and it is, why do official books claim that there might be such a problem but that it is way off in the future? They do know better but consider that much very valuable American (and Dutch) real estate would be impacted. If this were commonly known, prices for Florida property, for example, would plummet and so the big real estate developers and local politicians have put huge pressure on Washington to keep a lid on this. They know about this disaster in the making and their aim is to keep it quiet until they can liquidate their extensive, and expensive, holdings and then put their rescued money into certain political pockets and other investments. Also, the politicians in power who are sitting on all of this hope frantically that this collapse will happen after they are out of office and enjoying their ill-gotten gains up in the Rockies or other high points. I personally do not blame this; we call this business. But I would not buy a house anywhere along the coast of the United States where the mean elevation is less than ten feet. If this trend keeps up, and it shows no sign of slackening, a few more hurricanes will wipe out huge areas of Florida, Mississippi, Louisiana, Georgia, the Carolinas, the Tidewater of Virginia and onwards and upwards. If you live in an area that has been having serious beach erosion, such as Virginia Beach, and your house is only a few feet above the high tide line, my advise would be to sell it before this becomes well-known and you can't give it away."

TBRnews