California -- the next disaster on the list?

A commentary from the San Francisco Chronicle warning of the implications of FEMA's seeming inability to respond to the situation in New Orleans... which should also include Houston at this point. Garcia, the writer thinks California was next on the list--a major earthquake in California was the third of FEMA's 2001 warnings of major disasters in the US. Then again, who knew of Rita at the time. Talk about plagues, eh?

How might it hit us here?