New York City, my town, was just hit by the fiercest storm ever in its 400-year history. There are huge personal and material losses. Dozens died in the storm – men, women and children –and others saw their life-savings washed away by an ocean "surge." This Hurricane Sandy truly was an awesome disaster of "Biblical proportions." A whopping 40,000 lost their homes in the City alone, and thousands of businesses were destroyed, universities forced to close for a week, and millions of people were without heat or light for many days. In neighboring New Jersey the destruction was greater. Present estimates are more than $40 billion in property destruction, total in New York and New Jersey – and certainly not at all accounting for the many deaths, injuries and personal suffering, where there is no calculation or compensation.