Iowa, our slow motion Katrina
by
revrick
06/16/2008, 8:36 PM #
Gov. Culver of Iowa declared the floods that have so devestated his state as one of those 500-year events, which would put the last one back around the time Christopher Columbus showed up uninvited. We do seem to be having a lot of these once-every-500-year floods a lot lately. How long ago was Grand Forks submerged? And weren't there the same sort of floods along the Mississippi in '93?
Many of those who suffered flood damage have been financially wiped out. Initial estimates say that there has been $1 billion in damages.
That's bad for Iowa.
But the incessant rains over the Midwest are certainly bad news for the rest of us as well. Across much of the grain belt, fields have been flooded out and crop losses will be great.
Before the flood, the corn harvest was already estimated to fall 10% from last year. This, coming on top of soaring food prices worldwide, together with the increased demands for ethanol to be made from corn, only promises more hits to the wallets and purses of average Americans.
Meanwhile, imports of crude oil has plunged ominously at our Gulf ports for the last few months. How long can we live off our inventory, especially of diesel, which is such a huge component of our food production and distribution system?
What will we see come harvest time (which is close to Election Day)? I suspect we won't be in a happy mood