Oxford, MS 8/25/2011 (PennyPayDay) – As Hurricane Irene begins chugging up the Eastern Seaboard, officials are preparing for the storm’s impact as far north as Maine.President Obama, at the end of a 10-day vacation on Martha’s Vineyard, was briefed Thursday morning on the progress of the hurricane and preparations that the federal government is taking to place supplies in anticipation of the storm hitting the densely populated Northeast.
The president is planning to be in Washington on Sunday to attend the dedication of the Martin Luther King Jr. memorial on the National Mall, just when the hurricane is projected to hit the capital region. White House officials told reporters on Thursday that no change has been made to the schedule at this time.
The Federal Emergency Management Agency has moved food, water, blankets, baby formula and other supplies into position at Fort Bragg in North Carolina, McGuire Air Force Base in New Jersey and Westover Air Reserve Base in Massachusetts.
“You don’t wait until you get hit to find out what you are going to need,” FEMA administrator Craig Fugate during a conference call with reporters Thursday. “Congress recognized this after Katrina.”
More than 100 million people live in the current projected path of the hurricane. Heavy rains in recent weeks have soaked the ground in the Northeast, and officials are concerned that high winds are more likely to down trees and take out power lines.
Navy ships from the Norfolk Naval Station in Virginia are preparing to leave port before the approaching hurricane. Naval officials ordered more than 60 ships out to safer waters.
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PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (SFOR) into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.
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Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (SFOR). For full disclaimer/disclosure please read PennyPayday's disclaimer.
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