The Latest From Mayor Nagin
The Mayor of New Orleans is now asking for 17 billion dollars to rebuild the levees to Category 3 capacity.
Louisiana’s senators, Republican David Vitter and Democrat Mary L. Landrieu, are pushing legislation for $250 billion in rebuilding aid.
The Federal Emergency Management Agency has approved $120 million for New Orleans to provide essential services and has sent the first installment of $20 million. Last month, Congress approved $18.5 billion to pay flood insurance claims.
Today, the Federal Housing Administration will announce a one-year program to pay the mortgages of 20,000 hurricane victims in the Gulf states with mortgage insurance.
Many mortgage companies voluntarily granted limited extensions on mortgages and foreclosures.
I wonder if the residents will attack the levee workers like they attacked the FEMA people in the Lower Ninth Ward recently.
December 6th, 2005 at 2:46 pm
I wonder: Why doesn’t anyone chant “Nagin & Blanco lied, people died”? If Nagin could up the levee ante to $21B he would, just to get more of the pie like he and his cronies (and Blanco’s) did when the levees were supposed to be upgraded before. ‘Course, with this new money coming to his private pockets, my guess is his share will end up off-shore ’til he can move there and retire in (lacivious) luxury. Just sayin’.