Hurricane Sandy cost may hit $50 billion: report

Joel C. Rosenberg's Blog

The Bible says the Lord will shake all the nations in the last days. “For thus says the Lord of hosts, ‘Once more in a little while, I am going to shake the heavens and the earth, the sea also and the dry land. I will shake all the nations.” (Haggai 2:6-7) Why? To persuade people to let go of whatever they are holding onto ideologically, philosophically, financially, materially or otherwise for security, and turn to Jesus Christ who alone can save, forgive and provide eternal security.

The Lord has certainly been shaking the U.S. in recent days. Here’s the latest:„Superstorm Sandy will end up causing about $20 billion in property damages and  $10 billion to $30 billion more in lost business, according to IHS Global  Insight, a forecasting firm,” reports the Associated Press. „In the long run, the devastation the storm inflicted on New York City and other…

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Superstorm Sandy's toll: Mounting deaths, historic destruction, stranded residents


11:02 PM ET

Superstorm Sandy’s toll: Mounting deaths, historic destruction, stranded residents

Editor’s Note: Superstorm Sandy smashed ashore last night, triggering floods, fires and devastation. At least 33 people are known to have died in the United States and one in Canada, adding to the storm’s earlier toll of 67. Millions are without power. Floods have hit homes and the New York subway system. Here is the full story and below is the latest news as we learn it.

Are you there? Send your stories and photos to CNN iReport but stay safe.

[Update 11:02 p.m.]  Superstorm Sandy continues to weaken over Pennsylvania. It is some 50 miles east-northeast of Pittsburgh, according to an 11 p.m. advisory from the National Hurricane Center. The storm is expected to move northward into Canada on Wednesday.

[Update 10:57 p.m.]  About 6.6 million customers are without power in 15 states and the District of Columbia, according to figures compiled by CNN from power companies. That’s about 300,000 less than the tally roughly 2 1/2 hours ago.

[Update 10:47 p.m.]  Halloween activities at the White House have been canceled because of the storm, according to the official schedule.

[Update 10:29 p.m.]  Even residents used to storms were struck by the severity of Superstorm Sandy.

“You would not believe the amount of ocean water that has pushed through onto the shore, down blocks. It has downed trees, power poles. People are just heartbroken here,” said Jon Daniel, who lives two blocks away from the ocean in Deal, New Jersey.

“Everything is different now. We doubt anything will ever be the same again here.”

[Update 9:41 p.m.]  New York public transportation all but ground to halt with the storm. It is slowly coming back. Buses are on the road now for limited service, and the Metropolitan Transportation Authority expects to know more about service restorations tomorrow.

[Update 9:19 p.m.]  New York’s John F. Kennedy Airport will be open tomorrow, as will Newark Liberty International in New Jersey. However, carriers will be providing limited service at both, according to the Port Authority of New York and New Jersey. Other area airports, LaGuardia and Teterboro, are expected to remain closed.

[Update 9:03 p.m.]  New Jersey Gov. Chris Christie toured damage in his state today. Here’s one of the stunning photographs his office released:

[Update 8:31 p.m.]  About 6.9 million customers are without power in 15 states and the District of Columbia, according to figures compiled by CNN from power companies. That’s about 1 million less than the tally roughly four hours ago.

[Update 8:20 p.m.] Six people have died in storm-related incidents in New Jersey, Gov. Chris Christie told reporters Tuesday night.

His state’s figure raises the overall U.S. death toll from Superstorm Sandy to at least 33.

[Update 8:06 p.m.] Hudson River ferry service will restart at 7 a.m. tomorrow from New Jersey to the World Financial Center in New York, giving commuters an alternative way to get into and out of lower Manhattan, the Port Authority of New York and New Jersey says.

[Update 7:20 p.m.] An off-duty police officer in New York City was found dead this morning in the basement of his flooded home. As Superstorm Sandy struck, he shepherded his family into the attic, according to city police. He then went to the basement, and never returned.

Emergency personnel responded to the house last night but were unable to enter it because of downed power lines in the water. The off-duty officer, Artur Kasprzak, 28, was a seven-year veteran of the department.

[Update 6:17 p.m.] More from New York City Mayor Michael Bloomberg, who announced minutes earlier that the city’s death toll related to Sandy has risen to 18:

Bloomberg said he took an aerial tour of the city today, to survey the areas hardest hit. Public schools will remain closed tomorrow, but his understanding at this point  is that Sunday’s New York City marathon will happen as planned.




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