Katrina Coverage

Rep. Richard H. Baker (R-Baton Rouge) has proposed the "Louisiana Recovery Corporation" which would spend up to $80 billion to buy up property, pay off the banks, and the like: "A Big Government Fix-It Plan for New Orleans". It was passed over late last year, but Baker's hopeful it will be approved this year. Join […]

From this:
Huge stretches of the city are fallow: no power, no water, no sewer system, no life. Half the city workforce has been laid off, not a single public school is open, and the police department is being run by an acting chief after its former head quit. Mayor C. Ray Nagin is forced to […]

Federal Deposit Insurance Corporation Chairman Donald Powell - a "longtime friend and political supporter of President Bush" - has been appointed to lead the Gulf Coast rebuilding effort, aka the Rebuilding Czar:
According to the Department of Homeland Security, as coordinator, Powell will serve as the administration's primary contact with Congress, state and local governments, the […]

From this:
…Republican Senator Judd Gregg of New Hampshire and Democrat Ted Kennedy of Massachusetts said today that they have introduced legislation to create a federal agency to oversee the recovery. The director of the agency, appointed by the president and confirmed by the Senate, would oversee all federal resources involved in the recovery effort, under […]

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