Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-28-2011, 09:24 AM   #81
Administrator
Gumby's Avatar
 
Join Date: Apr 2006
Posts: 10,146
Irene is here in Connecticut. The wind whistling through the rigging of the sailboats in the harbor next to us sounds like a chorus of screaming banshees. And I can hear the small branches ricochet off the side of the house as they are torn from the trees. The trees are bending and shaking, but so far mostly intact. The lights have flickered a time or two, but we still have power and internet for the time being. Fortunately, I heard that the wind is now down to only high tropical force levels. I'd hate to think how much worse it could have been.

My next door neighbors just returned from a drive around town to take pictures (yes, I know. They are the kind of people you read about in the paper). They inform me that several low lying areas of town are already flooded and there are many trees down around town. Unfortunately, we are also coming up on high tide at 11:08 am, so the storm surge is likely to result in even more extensive flooding.

P.S. -- our TV has been broken for two months, so we are generally unaware of the hype.
__________________

__________________
Living an analog life in the Digital Age.
Gumby is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-28-2011, 09:56 AM   #82
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
I'm glad this has gone from "brief moments of sheer panic" to "hours of boredom & cleanup".

Quote:
Originally Posted by Gumby View Post
P.S. -- our TV has been broken for two months, so we are generally unaware of the hype.
That's not a repair issue-- that's a lifestyle decision!
__________________

__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 08-28-2011, 10:13 AM   #83
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Quote:
Originally Posted by Gumby View Post
Irene is here in Connecticut. The wind whistling through the rigging of the sailboats in the harbor next to us sounds like a chorus of screaming banshees. And I can hear the small branches ricochet off the side of the house as they are torn from the trees. The trees are bending and shaking, but so far mostly intact. The lights have flickered a time or two, but we still have power and internet for the time being. Fortunately, I heard that the wind is now down to only high tropical force levels. I'd hate to think how much worse it could have been.

My next door neighbors just returned from a drive around town to take pictures (yes, I know. They are the kind of people you read about in the paper). They inform me that several low lying areas of town are already flooded and there are many trees down around town. Unfortunately, we are also coming up on high tide at 11:08 am, so the storm surge is likely to result in even more extensive flooding.
How terrific that so far, your trees are mostlly intact, and haven't fallen on your house. Yes, high tropical storm force is still a lot of wind but usually not nearly as destructive as hurricane force wind. I am glad and surprised to hear that you have power.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 08-28-2011, 10:28 AM   #84
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,281
Quote:
Originally Posted by BigNick View Post
Quote:
Originally Posted by Purron
flashlights are selling for $50 each
Ayn Rand would be so proud.
As should everyone who cares about people.

I used to see this 'scalping' as unconscionable, until I read an analysis of it.

It actually helps to conserve scarce resources and insure that they are used wisely. If the kept the price of flashlights at the regular $5 (or whatever), people with money would buy more than they need, and there would be none for anybody. By letting the price rise with demand, they are treated as the scarce resource that they are. Another positive side effect is that it motivates entrepreneurs to get more flashlights into the area, as they are compensated for their increased risk. And people will learn - be prepared, get your emergency supplies well ahead of time.

Sure, charities can get flashlights there, and no one is stopping them. The entrepreneurs would just add to the supply.

From what I read, there is more harm in artificially forcing pries to stay at the lower prices than there is from 'scalping'. This turned around my thinking on the matter (yes, peoples minds can be changed).

-ERD50
__________________
ERD50 is offline   Reply With Quote
Old 08-28-2011, 10:39 AM   #85
Thinks s/he gets paid by the post
Leonidas's Avatar
 
Join Date: May 2006
Location: Where the stars at night are big and bright
Posts: 2,847
Quote:
Originally Posted by ERD50 View Post
It actually helps to conserve scarce resources and insure that they are used wisely. If the kept the price of flashlights at the regular $5 (or whatever), people with money would buy more than they need, and there would be none for anybody. By letting the price rise with demand, they are treated as the scarce resource that they are.
It is interesting to watch how the local economy works during disasters. When I was in Louisiana in 2005, the curfews, lack of power, lack of deliveries of foodstuffs and gasoline, meant that most stores and gas stations were closed. Exceptions were made for first responders, but everyone else was just encouraged to stay home until the worst was over - "if you didn't plan ahead you will just have to live without." The exception being when we hauled the local Wal Mart manager down to his store so NOPD could haul off all the ammunition.
__________________
There is no pleasure in having nothing to do; the fun is having lots to do and not doing it. - Andrew Jackson
Leonidas is offline   Reply With Quote
Old 08-28-2011, 12:16 PM   #86
Thinks s/he gets paid by the post
 
Join Date: May 2006
Location: Largo
Posts: 1,945
Does everyone have flood insurance? After living through 3 hurricanes in Central Florida in 2004, I decided I would purchase flood insurance for any home I owned in the future whether it appeared I needed it or not. During the hurricanes, the amount of water on the ground from the sustained rains was almost more concerning than the wind. Only one neighbor had purchased flood insurance (cheap where we lived) and she was much less stressed out than the rest of us.

I got great coverage on the house in OH for about $200 per year. As it turned out, the area had a 100 year flood the first (and second year) we lived there. Many people had flood damage from the river overflowing its banks but others had substantial damage from surface water caused by the torrential rains like we encountered during the hurricanes.

I had previously pictured floods being caused by overflowing rivers or lakes but that's not necessarily how it happens. It was my understanding the people whose basements flooded due to overwhelmed sump pumps were covered by their homeowner's insurance but the folks who had water enter from above were not covered as that was considered flooding.

Good luck to all!
__________________
Buckeye is offline   Reply With Quote
Old 08-28-2011, 01:06 PM   #87
Thinks s/he gets paid by the post
Fireup2020's Avatar
 
Join Date: Feb 2007
Posts: 1,186
Power out here (morris co, nj) since 0600. Manually bailing sump pump pit since we are stupid! (no battery backup or generator for this storm). No flood damage at all since we caught this in time. Rain stopped, decent wind now. Supposedly local generator plant under water so might take neighbors up on offer to run a line to their generator later. Sections of the turnpike and parkway still under water, and there are radio reports of numerous basements/ house collapses near the raritan river. Could be much worse. Was supposed to fly out yesterday to tx, but airport closed.
__________________
Make no mistake, my friend, it takes more than money to make men rich. - A. P. Gouthey
Fireup2020 is offline   Reply With Quote
Old 08-28-2011, 01:12 PM   #88
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,456
In the kitchen doing some food prep I tuned in the weather channel, and it looks like flood threat is pretty widespread. The local stations they tune into comment continuously about people driving in flooded streets.
__________________
MichaelB is online now   Reply With Quote
Old 08-28-2011, 01:13 PM   #89
Thinks s/he gets paid by the post
 
Join Date: May 2006
Location: Largo
Posts: 1,945
Quote:
Originally Posted by Fireup2020 View Post
Power out here (morris co, nj) since 0600. Manually bailing sump pump pit since we are stupid! (no battery backup or generator for this storm). No flood damage at all since we caught this in time. Rain stopped, decent wind now. Supposedly local generator plant under water so might take neighbors up on offer to run a line to their generator later. Sections of the turnpike and parkway still under water, and there are radio reports of numerous basements/ house collapses near the raritan river. Could be much worse. Was supposed to fly out yesterday to tx, but airport closed.
You might want to add a second sump pump along with the battery backup. All the electricity in the world won't help if your pump decides to poop out in the middle of the night. Belt and suspenders!
__________________
Buckeye is offline   Reply With Quote
Old 08-28-2011, 01:21 PM   #90
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,456
Quote:
Originally Posted by Buckeye View Post
You might want to add a second sump pump along with the battery backup. All the electricity in the world won't help if your pump decides to poop out in the middle of the night. Belt and suspenders!
That's what we have. Of course, it helps to make sure you don't have gravel coming in your sump pit. We didn't (make sure), and both pumps failed. Good timing , too - 6 months after putting in new carpet in the basement.

We now have two new sum pumps (one is battery backup) and a new sump pit.
__________________
MichaelB is online now   Reply With Quote
Old 08-28-2011, 01:26 PM   #91
Administrator
Gumby's Avatar
 
Join Date: Apr 2006
Posts: 10,146
Irene has now passed off to the north of us. We were very fortunate. None of our trees fell, although we have enough kindling to last a lifetime from the smaller branches that fell off. We have started making huge brush piles out in the backyard. My neighbor across the street took a direct hit from his fallen 80-foot tall spruce tree. No injuries, but quite a mess. Another neighbor three doors down lost one of his large maple trees. Luckily it did not hit his house. We were also fortunate to keep our power the entire time.

An interesting phenomenon of the storm is that the wind tore the leaves into little pieces, which were plastered all over the southeast facing side of the house. I just finished hosing them off.
__________________
Living an analog life in the Digital Age.
Gumby is offline   Reply With Quote
Old 08-28-2011, 01:26 PM   #92
 
Posts: n/a
We lucked out, the storm shifted a bit to the west and didn't make a direct hit on NYC and the part of Long Island that we live on. Our biggest problem is that lots of huge branches from our old oak are down in the back yard. I made a pile of them and tomorrow I'm borrowing my neighbor's chain saw and my son is coming over to do the grunt work. Our basement is a little damp but not nearly as bad as the gail we had in March which had south west winds while this one was north east.

We normally lose power during quiet times but we only lost power for one hour at 11 this morning after the storm passed.
__________________
  Reply With Quote
Old 08-28-2011, 03:54 PM   #93
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,198
Quote:
Originally Posted by ERD50 View Post
If they kept the price of flashlights at the regular $5 (or whatever), people with money would buy more than they need, and there would be none for anybody.
Yes, I know I'd go out and buy at least five or six flashlights if the price didn't go up during a disaster.

Seriously, I doubt people buy more than they need. The distribution of flashlights is going to be restricted with or without gouging.

With price gouging, the restrictions are based on income, without gouging the restrictions are based on foresight.

I don't think the government should get involved, but I don't think we should applaud the gougers.
__________________
Al
TromboneAl is offline   Reply With Quote
Old 08-28-2011, 04:08 PM   #94
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Purron's Avatar
 
Join Date: Nov 2007
Posts: 5,584
Beautiful day here today. Bright, sunny about 82. A little breezy but not bad. Winds expected to calm tonight with a low about 60.

Still lots of problems in central/southeast VA. Major power outages persist with nearly 70% in Richmond without power - down from about 80% this morning.

Our nephew, who works at Lowes in Roanoke, VA, will be helping out at stores in harder hit areas in VA and NC. He's looking forward to the overtime and considers this an adventure.
__________________
I purr therefore I am.
Purron is offline   Reply With Quote
Old 08-28-2011, 04:10 PM   #95
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
So glad to hear that the weather is better where you are, Purron.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 08-28-2011, 04:14 PM   #96
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,281
Quote:
Originally Posted by TromboneAl View Post
Seriously, I doubt people buy more than they need. The distribution of flashlights is going to be restricted with or without gouging.

With price gouging, the restrictions are based on income, without gouging the restrictions are based on foresight.

I don't think the government should get involved, but I don't think we should applaud the gougers.
Some will, just to get the extra batteries (if batteries are sold out).

I'm not applauding the gougers, just saying that the natural supply/demand forces do help somewhat to keep things in check. And unfortunately, the gov does get involved (trying to fix prices), and the consequences are likely to hurt people over-all.

-ERD50
__________________
ERD50 is offline   Reply With Quote
Old 08-28-2011, 04:29 PM   #97
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,890
Quote:
Originally Posted by Gumby View Post
Irene has now passed off to the north of us. We were very fortunate. None of our trees fell, although we have enough kindling to last a lifetime from the smaller branches that fell off. We have started making huge brush piles out in the backyard. My neighbor across the street took a direct hit from his fallen 80-foot tall spruce tree. No injuries, but quite a mess. Another neighbor three doors down lost one of his large maple trees. Luckily it did not hit his house. We were also fortunate to keep our power the entire time.
Glad to hear you came through this with what sounds like relatively little damage.

Quote:
Originally Posted by Gumby
An interesting phenomenon of the storm is that the wind tore the leaves into little pieces, which were plastered all over the southeast facing side of the house. I just finished hosing them off.
Hurricanes do weird things. For some reason, Katrina bent the fan blades downward on the exterior ceiling fan on my patio (see photo). They looked like flower petals to me.
Attached Images
File Type: jpg Mvc-039f.jpg (22.1 KB, 98 views)
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 08-28-2011, 04:36 PM   #98
Moderator Emeritus
 
Join Date: Oct 2007
Posts: 4,929
Quote:
Originally Posted by ERD50
I'm not applauding the gougers, just saying that the natural supply/demand forces do help somewhat to keep things in check. And unfortunately, the gov does get involved (trying to fix prices), and the consequences are likely to hurt people over-all.

-ERD50
It's those darn FEMA people, interfering with free market forces and handing out free bottles of water. And the Coast Guard, rescuing people without demanding cash or valuables up front. And don't get me started on the volunteer fire departments and medical folks!

Remember, every time you help someone, Ayn Rand sheds a tear.
__________________
M Paquette is offline   Reply With Quote
Old 08-28-2011, 04:53 PM   #99
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 18,281
Quote:
Originally Posted by M Paquette View Post
It's those darn FEMA people, interfering with free market forces and handing out free bottles of water. And the Coast Guard, rescuing people without demanding cash or valuables up front. And don't get me started on the volunteer fire departments and medical folks!

Remember, every time you help someone, Ayn Rand sheds a tear.
Volunteers and govt emergency workers are fine. But if they did their job to such an extent that there was no market for these items, there would be no gougers entrepreneurs providing them.

It's not a conflict at all. The entrepreneurs can only fill in the gaps, and that has value.


-ERD50
__________________
ERD50 is offline   Reply With Quote
Old 08-28-2011, 04:58 PM   #100
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Purron's Avatar
 
Join Date: Nov 2007
Posts: 5,584
Quote:
Originally Posted by W2R View Post
Hurricanes do weird things. For some reason, Katrina bent the fan blades downward on the exterior ceiling fan on my patio (see photo). They looked like flower petals to me.
Wow! Very weird indeed W2R. I'd love to see other pictures you have from Katrina.
__________________

__________________
I purr therefore I am.
Purron is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 06:31 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.