Posted on 01/29/2006 6:38:07 AM PST by Uncle Sham
Avoid the truth if you must.
In the abstract, sure. Its a lot of money. But as a senatorial inspection group found the other day, there has not been anywhere near $85 billion worth of progress."
Two comments:
1. I'll settle for .001% of $85 billion, personally.
2. In many countries, the government would fix the roads, the schools, and the hospitals....and that's all. I suspect that the total wouldn't nearly approach $85 billion.
Next time you post, get the facts. At least take the time to do that.
The Mississippi Gulf Coast is absolutely destroyed, and all we ever, ever hear about is New Orleans.
How did you know that the Mississippi gulf coast was absolutely destroyed?
For the record, the state did get hit twice by two major hurricanes in three weeks time. What Katrina missed in Louisiana, Rita destroyed. The Louisiana coast is also gone.
We hear none of this continued whining out of ANYBODY in Mississippi or further west on the Louisiana Coast.
Knowing how corrupt New Orleans' officials have always been, it's difficult for some of the rest of us out here to sympathize with this pity party.
This plan has been in place for over three months now. Bush saying Louisiana doesn't have a plan is a lie. This plan is a loan, not a federal gimme program. It sets up an agency outside the confines of state government, and local governments to help homeowners get out from under their present mortgages. It buys their property at 60% of pre-katrina levels, then does what it needs to do to attract reinvestors interested in developing the property. The reinvestors are ultimately the ones who repay this original loan. Check the other threads of today for more details. In short, it is a loan program that will be repaid.
I thought I read this morning that Ray Nagin also has a plan, coming out this week.
From what I read about Baker's plan, nobody in Congress supports it.
http://www.freerepublic.com/focus/f-news/1567503/posts?page=16#16
I wasn't there. Don't know. It was a different time. Might be worth researching as it is constantly mentioned. Are you going to research it for us and let us know?
Well, because my family on the Gulf Coast of Mississippi lost everything they had, and I saw it with my own eyes. That's all.
Jessica, I wish you were doing better over there on the Mississippi coast. It's one of my favorite places. Please tell your fellow freepers what the truth is for everyone's benefit. I'm talking about those know-nothings who keep pointing to the Mississippi victims as though everyone is doing just dandy with Haley Barbour in charge. I know better, but they'd believe you if you explain it to them.
Things will get better. God bless you and good luck.
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