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Rantings of a Sandmonkey

Be forewarned: The writer of this blog is an extremely cynical, snarky, pro-US, secular, libertarian, disgruntled sandmonkey. If this is your cup of tea, please enjoy your stay here. If not, please sod off

Monday, February 06, 2006

The Inevitable conclusion

Given that 1000 people died in the Ferry fiasco in what is the second deadly accident this company had in this past year, the relatives of the families have lost it and attacked the company's headquarters. ferry Hundreds of relatives of passengers drowned on a Red Sea ferry trashed the offices of the owners Monday, throwing furniture into the street and burning the company's signboard. Riot police intervened and fired tear gas to restore order. Interestingly enough, I just saw this ad by the Ferry companyon today's newspaper's frontpage that stated that they will pay 150 thousand pounds for each to the families of the victims, which like, never happens. This is after Mubarak announced yesterday that the government will compensate each of the families with 30 thousand pounds for every dead victim, which is almost $5000 dollars. Given that the going rate for egyptian life was around $150 dollars before, I would say that's an improvment, no?

4 Comments:

At 2/06/2006 12:15:00 AM, Anonymous Anonymous said...

The prayers of this American go out to the suffering families. I am sorry that such a tragedy has happened. :'(

 
At 2/06/2006 04:09:00 AM, Anonymous Anonymous said...

I also feel sorry for the people who died and their mourning families and loved ones.

A similar accedent happend in 1994 when Estonia sank in the baltic sea and about 900 people drowned.

Per
Stockholm, Sweden

 
At 2/06/2006 02:07:00 PM, Blogger yochanan said...

at least griving families losing it and getting violent at least i can understand it. They over reacted but at least the cause 1,000 dead at least is a human responce.

 
At 2/06/2006 03:15:00 PM, Blogger Ron Larson said...

It seemed to me that the Egyptian government, and now the ferry company, have been incredibly quick on offering to pay compensation.

The government, I can understand. They can just print more money.

What I don't understand where the ferry company plans to get all this money from. After all, they just lost a ship, crew, and their credibility. This loses will have an impact on future earnings. So, they must have (a) a lot of money sitting around, (b) a very guilty concious.

I can't imagine an insurance company offering to pay out so quickly. Strange.

Well.... I think this is all very suspectious.

 

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