catastrophe so far, and the response. >> john i think this could go down as one of the costliest disasters we've seen in the united states. katrina was very costly but this will take a long time to recover. and it's going to be massive. and you're going to deal with infrastructure problems, street problems and road problems and bridge problems. so this is going to take some time to rebuild. and, you know, people will have to be patient. i know fema and the governor and everyone is working hard to save lives. this is a long-term event. >> with this particular event, what appears to be unique to it is the duration. we're 2 1/2 days in. it's still raining. 20 or more inches could fall in the next few days. belongings and insurance and things like that. correct? >> absolutely. you know, as they look forward, after the response and recovery and the safety of the