Financial talk show host, Bob Brinker
is more extreme than me. He believes that as a percentage, relatively few residents will return to the low ground in and near New Orleans and it makes little sense to make this area weatherproof to a cat-5 hurricane. He also believes that wherever they are now, the displaced people may need financial assistance.
In the weeks to come, I think the question of land vs. people will grow in visibility and importance. Is it the best use of money from all Americans to make every square foot of Katrina's Ground Zero floodproof?
In other word's: Are we restoring private real estate to its pre-hurriance value with public money?
I'd directly support the families with vouchers for food, clothing, shelter, and schools.
Forget about debit cards! The records show that they were used in strip clubs, casinos, bars, etc.
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