Irene: How to Short a Hurricane or the Political Implications of the Next Landfalling Typhoon

I'll have to do this in two parts. Here's the meteorological situation from Wunderblog:
Hurricane Irene pounds Puerto Rico, heads for Hispaniola

Hurricane Irene strengthened into the season's first Atlantic hurricane at 5am EDT this morning as the eye moved over San Juan, Puerto Rico, and crossed into the ocean just north of the island. Overnight, Irene held its own as the eye passed over the most mountainous portion of Puerto Rico, the El Yunque region. Winds in the higher mountains likely reached Category 2 strength, 96 - 110 mph, according to measurements from the San Juan Terminal Doppler Radar, and the hurricane pounded the island with damaging winds and flooding rains, resulting in widespread tree damage and power failures that hit 800,000 people. 

The San Juan Airport recorded top winds of 41 mph, gusting to 55 mph, and 2.87" of rain, as of 9am AST. Tropical storm conditions affected the Virgin Islands, with St. Thomas recording sustained winds of 40 mph, gusting to 67 mph, and 4.03" of rain as of 6am AST today. At 7am EDT, the ship Horizon Trader measured sustained northeast winds of 69 mph and wave heights of 11.5 feet at 19°N, in the northern eyewall of Irene. Latest observations from an Air Force hurricane hunter aircraft indicate that Irene is slowly intensifying, with a central pressure of 989 mb observed at 9:42am EDT. The eyewall is not fully formed yet, with a gap on the south side. This gap will need to close off before the hurricane can undergo rapid intensification....MUCH MORE

Here's the 5-day forecast

And here are the computer models

Information about these models can be found at the National Hurricane Center.

Click the map to change the zoom level.

Next: Hurricanes and the 2012 Presidential Election