Michael Bloomberg Quotes


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Technically, the probability has never changed. However, most probabilities are in relation to a specific event or time. A levee may have only a 1% probably of failing in a hurricane but if there are 10 hurricanes a year, the probability that the levee will fail at least once in 30 years is about 50%.


Unlike terrorism and natural disasters like earthquakes, a hurricane is known about a week in advance and can be tracked as it makes landfall. So his view was that the prime failure of FEMA and the Department of Homeland Security occurred the week earlier. In addition a few weeks before Katrina, Leibersbach lead a delegation of State Homeland Security Directors to meet with Secretary Chertoff of Homeland Security. Their message was that the reorganization of DHS has so downgraded FEMA that the nation’s capacity to deal with national disaster had been diminished as a result of the reorganizations.


Normal warnings about the upcoming hurricane failed to induce some New Jersey citizens to vacate the New Jersey ocean beaches. There were some who wanted to try and surf in the large storm waves. The Governor did not mince words.


Michael Bloomberg
Michael Bloomberg
  • Born: February 14, 1942
  • Nationality: American
  • Profession: Politician

Michael Rubens Bloomberg is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.