Archive for August 23, 2010
Katrina devastation five years later shows folly of relying on Corporate America for recovery
Five years ago next Sunday, Hurricane Katrina made landfall just East of New Orleans. Despite warnings, the levees protecting the city gave way (thanks in part to the Bush Administration slashing funding for levee reconstruction). The city was devastated. Five years later, the New Orleans suburbs look like a ghost town, vacant lots overgrown with weeds & brush. […]
August 23, 2010
Posted in: Economy, Money, Politics, Seems Obvious to Me