Seniors Site

11 Most Expensive Catastrophes in History

# 11. Titanic - $150 Million

The sinking of the Titanic is possibly the most famous accident in the world. But it barely makes our list of top 10 most expensive. On April 15, 1912, the Titanic sank on its maiden voyage and was considered to be the most luxurious ocean liner ever built. Over 1,500 people lost their lives when the ship ran into an iceberg and sunk in frigid waters. The ship cost $7 million to build ($150 million in today ‘ s dollars).

# 10.20Tanker Truck vs Bridge - $358 Million

On August 26, 2004, a car collided with a tanker truck containing 32,000 liters of fuel on the Wiehltal Bridge in Germany . The tanker crashed through the guardrail and fell 90 feet off the A4 Autobahn resulting in a huge explosion and fire which destroyed the load-bearing ability of the bridge. Temporary repairs cost $40 million and the cost to replace the bridge is estimated at $318 Million.

# 9. MetroLink Crash - $500 Million

On September 12, 2008, in what was one of the worst train crashes in California history, 25 people were killed when a Metrolink commuter train crashed head-on into a Union Pacific freight train in Los Angeles . It is thought that the Metrolink train may have run through a red signal while the conductor was busy text messaging.. Wrongful death lawsuits are expected to cause $500 million in losses for Metrolink.

# 8. B-2 Bomber Crash - $1.4 Billion

Here we have our first billion dollar accident (and we ‘ re only #7 on the list). This B-2 stealth bomber crashed shortly after taking off from an air base in Guam on February 23, 2008. Investigators blamed distorted data in the flight control computers caused by moisture in the system. This resulted in the aircraft making a sudden nose-up move which made the B-2 stall and crash. This was 1 of only 21 ever built and was the most ex
pensive aviation accident in history. Both pilots were able to eject to safety.

# 7. Exxon Valdez - $2.5 Billion

The Exxon Valdez oil spill was not a large one in relation to the world ‘ s biggest oil spills, but it was a costly one due to the remote location of Prince William Sound (accessible only by helicopter and boat). On March 24, 1989, 10.8 million gallons of oil was spilled when the ship ‘ s master, Joseph Hazelwood, left the controls and the ship crashed into a Reef. The cleanup cost Exxon $2.5 billion.

# 6. Piper Alpha Oil Rig - $3.4 Billion

The world ‘ s worst off-shore oil disaster. At one time, it was the world ‘ s single largest oil producer, spewing out 317,000 barrels of oil per day. On July 6, 1988, as part of routine maintenance, technicians removed and checked safety valves which were essential in preventing dangerous build-up of liquid gas. There were 100 identical safety valves which were checked. Unfortunately, the technicians made a mistake and forgot to replace one of them. At 10 PM that same night, a technician pressed a start button for the liquid gas pumps and the world ‘ s most expensive oil rig accident was set in motion.

Within 2 hours, the 300 foot platform was engulfed in flames. It eventually collapsed, killing 167 workers and resulting in $3.4 Bill
ion in damages.

# 5. Challenger Explosion - $5.5 Billion

The Space Shuttle Challenger was destroyed 73 seconds after takeoff due on January 28, 1986 due to a faulty O-ring. It failed to seal one of the joints, allowing pressurized gas to reach the outside. This in turn caused the external tank to dump its payload of liquid hydrogen causing a massive explosion. The cost of replacing the Space Shuttle was $2 billion in 1986 ($4.5 billion in today ‘ s dollars). The cost of investigation, problem correction, and replacement of lost equipment cost $450 million from 1986-1987 ($1 Billion in today ‘ s dollars).

# 4. Prestige Oil Spill - $12 Billion

On November 13, 2002, the Prestige oil tanker was carrying 77,000 tons of heavy fuel oil when one of its twelve tanks burst during a storm off Galicia , Spain . Fearing that the ship would sink, the captain called for help from Spanish rescue workers, expecting them to take the ship into harbour. However, pressure from local authorities forced the captain to steer the ship away from the coast. The captain tried to get help from the French and Portuguese authorities, but they too ordered the ship away from their shores. The storm eventually took its toll on the ship resulting in the tanker splitting in half and releasing 20 million gallons oil into the sea.

According to a re
port by the Pontevedra Economist Board, the total cleanup cost $12 billion.

# 3. Space Shuttle Columbia - $13 Billion

The Space Shuttle Columbia was the first space worthy shuttle in NASA ‘ s orbital fleet. It was destroyed during re-entry over Texas on February 1, 2003 after a hole was punctured in one of the wings during launch 16 days earlier. The original cost of the shuttle was $2 Billion in 1978. That comes out to $6.3 Billion in today ‘ s dollars. $500 million was spent on the investigation, making it the costliest aircraft accident investigation in history. The search and recovery of debris cost $300 million.

In the end, the total cost of the accident (not including replacement of the shuttle) came out to $13 Billion according to the American Institute of Aeronautics and Astronautics..

# 2. Chernobyl - $200 Billion

On April 26, 1986, the world witnessed the costliest accident in history. The Chernobyl disaster has been called the biggest socio-economic catastrophe in peacetime history. 50% of the area of Ukraine is in some way contaminated. Over 200,000 people had to be evacuated and resettled while 1.7 million people were directly affected by the disaster. The death toll attributed to Chernobyl , including people who died from cancer years later, is estimated at 125,000. The total costs including cleanup, resettlement, and compensation to 0Avictims has been estimated to be roughly $200 Billion. The cost of a new steel shelter for the Chernobyl nuclear plant will cost $2 billion alone. The accident was officially attributed to power plant operators who violated plant procedures and were ignorant of the safety requirements needed.

# 1. 2008 Presidential Election- $800 Billion in the first two months………..

THE YEAR 1908

This will boggle your mind, I know it did mine!
The year is 1908.
One hundred years ago.
What a difference a century makes!
Here are some statistics for the Year 1908 :
************ ********* ********* ******

The average life expectancy was 47 years.

Only 14 percent of the homes had a bathtub.

Only 8 percent of the homes had a telephone.

There were only 8,000 cars and only 144 miles of paved roads.

The maximum speed limit in most cities was 10 mph..

The tallest structure in the world was the Eiffel Tower!

The average wage in 1908 was 22 cents per hour.

The average worker made between $200 and $400 per year .

A competent accountant could expect to earn $2000 per year,
A dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year, and a mechanical engineer about $5,000 per year.

More than 95 percent of all births took place at HOME .

Ninety percent of all doctors had NO COLLEGE EDUCATION!
Instead, they attended so-called medical schools, many of which
Were condemned in the press AND the government as ’substandard.. ‘

Sugar cost four cents a pound..

Eggs were fourteen cents a dozen.

Coffee was fifteen cents a pound.

Most women only washed their hair once a month, and used
Borax or egg yolks for shampoo.

Canada passed a law that prohibited poor people from
Entering into their country for any reason.

Five leading causes of death were:
1. Pneumonia and influenza
2. Tuberculosis
3. Diarrhea
4. Heart disease
5. Stroke

The American flag had 45 stars.

The population of Las Vegas , Nevada, was only 30!!!!

Crossword puzzles, canned beer, and ice tea
Hadn’t been invented yet.

There was no Mother’s Day or Father’s Day.

Two out of every 10 adults couldn’t read or write.
Only 6 percent of all Americans had graduated from high school.

Marijuana, heroin, and morphine were all available over the counter at the local corner drugstores. Back then pharmacists said, ‘Heroin clears the complexion, gives buoyancy to the mind, regulates the stomach and bowels, and is, in fact, a perfect guardian of health.’( Shocking? DUH! )

Eighteen percent of households had at least
One full-time servant or domestic help.

There were about 230 reported murders in the ENTIRE ! U.S.A. !
And organized Barbershop didn’t exist

Now I forwarded this from someone else without typing
It (all) myself, and sent it to you and others all over Canada & U.S.A
Possibly the world, in a matter of seconds!

Try to imagine what it may be like in another 100 years.

An 86 year old fisherman was sitting in his boat one day when he heard a voice say, ‘Pick me up.’    He looked around and couldn’t see any one. He thought he was dreaming when he heard the voice say again,  ‘Pick me up.’ He looked in the water and there, floating on the top, was a frog.   The man said, ‘Are you talking to me?’ The frog said, ‘Yes, I’m talking to you. Pick me up. Then, kiss me and I’ll turn into the most beautiful woman you have ever seen.  I’ll make sure that all your friends are envious and jealous because you will have me as your bride.’ The old fisherman looked at the frog for a short time, reached over, picked it up carefully, and placed it in his front breast pocket.    Then the frog said, ‘What are you nuts? Didn’t you hear what I said? I said kiss me and I will be your beautiful bride.’ He opened his pocket, looked at the frog and said,   ‘Nah, at my age I’d rather have a talking frog.’

Jake, 92, and Sylvia, 89, are all excited about their decision to get married. They go for a stroll to discuss the wedding and on the way they pass a drugstore. Jake suggests they go in. Jake addresses the man behind the counter: “Are you the owner?” The pharmacist answers “Yes”. Jake: “We’re about to get married. Do you sell heart medication?” Pharmacist: “Of course we do.” Jake: “How about medicine for circulation?” Pharmacist: “All kinds.” Jake: “Medicine for rheumatism, scoliosis? ” Pharmacist: “Definitely.” Jake: “How about Viagra?” Pharmacist: “Of course.” Jake: “Medicine for memory problems, arthritis, jaundice?” Pharmacist: “Yes, a large variety. The works.” Jake: “What about vitamins, sleeping pills, Geritol, antidotes for Parkinson’s disease?” Pharmacist: “Absolutely.” Jake: “You sell wheelchairs and walkers?” Pharmacist: “All speeds and sizes.” Finally satisfied, Jake says to the pharmacist: “OK, we’d like to use this store as our Bridal Registry.”

*Source: http://www.pmcaregivers.com/Jokes2.htm

Jeff and Paula are getting ready for bed. Paula is naked standing in front of her full-length mirror, taking a long, hard look at herself. “You know Jeff,” she comments. “I stare into this mirror and I see an ancient creature. My face is all wrinkled, my breasts sag so much that they dangle to my waist, my arms and legs are as flabby as popped balloons, and… my butt looks like a sad, deflated version of the Hindenberg! My body has just gone to hell in a hand basket!”

She turns to face her husband and says, “Dear, please tell me just one positive thing about my body so I can feel better about myself.” Jeff studies Paula critically for a moment and then says in a soft, thoughtful voice, “Well, there’s nothing wrong with your eyesight honey.”

*Source: http://www.pmcaregivers.com/Jokes5.htm