Bush touts $4.2 billion plan for Louisiana homeowners

CNN Dot Com ^ | 3/8/2006 | CNN

[xrp]

Bush touts $4.2 billion plan for Louisiana homeowners

President eyes recovery efforts on 10th trip to devastated Gulf

Wednesday, March 8, 2006; Posted: 12:29 p.m. EST (17:29 GMT)

NEW ORLEANS, Louisiana (CNN) -- During a tour of the hurricane-damaged Gulf Coast, President Bush on Wednesday pressed Congress to pass a proposal that would offer up to $150,000 to each Louisiana homeowner who lost a residence to Katrina.

[xrp]

I have no comment...yet -- pretty steamed.

[RetiredArmy]

Bush trouts giving away billions more tax dollars free to improve poll numbers.

[EagleUSA]

This is becoming liberal insanity...if it has not already.

[shekkian]

... and what was the median home price before Katrina?

[kenth]

[yellowdoghunter]

Okay, so we help our fellow citizen. But they must not rebuild in a hurricane zone or flood zone, etc....there must be some stipulations so I don't have to rebuild their home in another 5 years.

However, I understand what the rest of you are saying.

[American Quilter]

President Bush on Wednesday pressed Congress to pass a proposal that would offer up to $150,000 to each Louisiana homeowner who lost a residence to Katrina.

GRRRRRRRRRRR.

[gumboyaya]

Say what? Need to see the fine print on this one.

[brainstem223]

Pander pander and pander some more, and still the dreadful poll numbers; which are well deserved.

He's giving away $150,000 each for wrecked houses worth as little as $15,000 pre katrina.


Disaster piled on a natural disaster.

[PAR35]

Good thing we didn't elect Gore. He would have given away the taxpayer's money to the democrat constituency and put judges on the Supreme Court who would vote against the death penalty.

[freeangel]

Hey, I lost a home there --sign me up. OK, maybe it was a dozen homes---Can you still sign me up? :)

[Aggie Mama]

If this is a buyout, it make sense and will be cheaper in the longrun. Turn the area into a wildlife preserve instead of spending trillions to rebuild it.

[Pukin Dog]

Sometimes, I think some of you are just a bunch of dopes.

Do you understand anything at all about economics? ANYTHING?

First, note the key word: HOMEOWNERS.

This is NOT a giveaway program for those poverty-ridden punks you saw looting on TV last year. Those people were NOT home owners.

Providing rebuilding funds for land-owners whose property does not contain a livable home, will be a huge shot in the arm for the local economy, and pay for itself many times over in jobs, capital and investment in the region.

Why not educate yourself JUST A LITTLE before going off on the President in this case, or are your knees just stuck in permanent jerk-mode?

[gumboyaya]

Gucci better put on a second shift.

[Willie Green]

... and what was the median home price before Katrina?

FEMA has 10K mobile homes stashed away in Arkansas.
You can't blame Dubya for wanting to make a profit when he sells them to Louisiana.
It's the "free market" housing bubble, stupid!
We're all gonna get RICH on this deal!!!
It's the Chinese who're gonna get screwed, THEY lent us the money to do it with!!!

[2banana]

Someone tell me - why even bother to get insurance anymore?

[babygene]

"President Bush on Wednesday pressed Congress to pass a proposal that would offer up to $150,000 to each Louisiana homeowner who lost a residence to Katrina."

That's Crazy Talk. What the hell is wrong with this guy? There are going to be hurricanes every year. What happens next year and the next if we set this president?

[Mike Darancette]

He's giving away $150,000 each for wrecked houses worth as little as $15,000 pre katrina.

Article says up to $150,000 each for wrecked houses. Are you a reporter for the NYT?

[Moonman62]

Spending other people's money is so much easier than being a leader.

[brainstem223]

With all the blithering incompetency of the federal government, you know dam well thats just whats going to happen.