devastation, destruction and indeed death occurred that time around. >> i think that the analyses after the fact showed that, yeah, the slowness in response, and that is not just katrina, but in any disaster slow innocence response c -- slowness in response can lead to more damage and loss of life, and that is why you have to be leaning forward as the president said, and be prepared and work so har with the cities and the towns and the states training and exercising to make sure they have the equipment they need. because they have the lead on these things. we come in behind them, but they are on the front line. >> indeed. with some of the damage estimates leaning upwards to $40 billion, where is the money coming to pay for this? where is it coming from? >> well, i would caution against putting a firm number right now on any damage estimates. this is too fluid of a