Regarding Katrina and New Orleans, I wonder about the wisdom of re-building a city that is mostly below sea level, and is sinking. It is apparently true that the disaster was due to faulty dikes rather the the hurricane, but can we be sure that future dikes will fare any better? And Katrina actually missed New Orleans. What if it has gone directly over New Orleans.? It seems to me that we taxpayers are expected to subsidize people who live in dangerous regions.
posted by James Williams | 4:05 PM
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John Stossel said that he got government money when his house in Southern California got damaged by waves. He and the other wealthy beneficiaries rebuilt their houses on the same unstable cliffs as before. I hate to play the devils's advocate, but if rich celebrities in Malibu can get our tax dollars why shouldn't poor people in New Orleans.
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