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Old 04-06-2014, 17:31   #151
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Re: Costs of Rescue...

The airline comments Re on topic because they are arguing the cost to save a human life....boat, plane or train....it's all the same.

The way we figure the cost of human life varies widely and with emotions. For example, in 2008 there was a train crash that killed 25 and injured over 100 more. The result was mandatory additional unfounded train system improvements that will cost over 8 billion, at least. That is just for FRA goverened railroad carrying commuters. Transit systems, under FTA guidance have no such requirement. So I guess heavy rail commuters are worth a lot more than subway riders? It makes no sense, and it makes no sense to even attempt a logical conclusion, there is none.

Now look at the cost beng spent on MH370, which is at best a recovery effort. This is in the name of learning how that event occurred, when the consensus seems to be pilot intervention. Again, hard to find a clear logic in the thinking or justification.
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Old 04-06-2014, 17:40   #152
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Re: Costs of Rescue...

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The airline comments Re on topic because they are arguing the cost to save a human life....boat, plane or train....it's all the same.
Well, they're slightly different, as one is talking about the VALUE of a human life, mostly used in terms of liability, but also in decision-making. The other is talking about determining the actual cost of a rescue.

You wouldn't want to get those things too close together, I wouldn't guess.
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Old 04-06-2014, 18:08   #153
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Re: Costs of Rescue...

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Well, they're slightly different, as one is talking about the VALUE of a human life, mostly used in terms of liability, but also in decision-making. The other is talking about determining the actual cost of a rescue.

You wouldn't want to get those things too close together, I wouldn't guess.
Why not? What's the difference? Other one has a identifiable face and one is in the future.
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Old 04-06-2014, 18:08   #154
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Re: Costs of Rescue...

Government as insurer of last resort.

This is a concept I heard a year or so ago from the Munich RE representative to the Davos conference. In short he is saying that our commercial insurance industry evolved to handle " normal" type emergencies, think car accident, fire, or failed engine. We have State Farm or Boat US for these instances. The system works fine and is self funded through the disturbed risk.

However there are times when the system is overloaded and can not react in response to the severity of the catastrophe, think Katrina, Sandy, MH370, or an open ocean rescue. At those times the government becomes the INSURER OF LAST RESORT because they are the only ones who have sufficient resources to effect the rescue. It is part of our social contract.

One can argue that off shore rescues should be reimbursable, or that the boat owner was negligent because they did not foresee obvious risks. By extension of this reason should we require New Orleans to reimburse the Corp of Engineers for the civil works effected? Should we refuse aid to Miami or Norfolk due to sea level rise? They are where they are through no fault of their own. Worse, the impending catastrophe is foreseeable and arguably certain.

Interesting analogies and ethical dilemmas.
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Old 04-06-2014, 18:09   #155
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Re: Costs of Rescue...

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Can a mod move this thread to the off topic section? They're seriously arguing about airplane crashes now.....

Personally I think we should have billed the Apollo 13 astronauts.... :-P

Does anybody here ever just talk about sailing?

This place is constantly reminding me of Montey Pythons Argument Clinic sketch.....

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I'm sorry, I have to take credit for that, just couldn't let the 747 thing go, I was pretty sure TWA 800 was the ONLY one, see I have my own theory and it goes to pot if there were several incidents
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Old 04-06-2014, 18:31   #156
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Costs of Rescue...

I think it's a mark of a reasonable and lenient society, that's supports the cost associated with sending expensive men and machines to rescue people that typically put themselves in that position through some fault of their own. Long may my taxes be used to support such civic acts.

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Old 04-06-2014, 18:52   #157
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Re: Costs of Rescue...

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Very clever, Bob, but it was all widely reported and available for confirmation WAY BACK THEN. You should be able to find it on the web now, unless someone has been doing revisionist Wiki entries.
You Sir, shouldn't be allowed to run around spouting rubbish and mis information. I was around WAY BACK THEN. I worked for the FAA starting in 1970, and YOU?
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Old 04-06-2014, 19:00   #158
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pirate Re: Costs of Rescue...

The value of human life..
White yachtsman in Somalia... $2 million a head..
Pakistan.. maybe 50-100 Rupees.. that'll get a contract.. Location.. Location.. Location..
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Old 04-06-2014, 19:24   #159
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Re: Costs of Rescue...

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The value of human life..
White yachtsman in Somalia... $2 million a head..
Pakistan.. maybe 50-100 Rupees.. that'll get a contract.. Location.. Location.. Location..
Thats cutting through the crap. Again.
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Old 05-06-2014, 11:13   #160
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Re: Costs of Rescue...

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Why not? What's the difference? Other one has a identifiable face and one is in the future.
The cost of a rescue is the determination of the cost of manpower, equipment, and resources used to effect a rescue.

The valuation of a human life is an actuarial attempt to determine what a life would have been worth had it continued from a certain date (often the date of an incident) to an average life expectancy.

Those are different calculations, based on different data, and used for different purposes.
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Old 05-06-2014, 11:15   #161
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Re: Costs of Rescue...

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The value of human life..
White yachtsman in Somalia... $2 million a head..
Pakistan.. maybe 50-100 Rupees.. that'll get a contract.. Location.. Location.. Location..
If the person works on Wall Street for a professional services firm, count on it being a lot higher.
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