posted on Sep, 18 2005 @ 04:28 AM
In 1998, New Orleans requested of the United States Congress to pass the Coast 2050 Plan for a cost of $14 billion. The Plan would have restructured
the levees so a Hurricane 4 (like Katrina) would not flood the city.
It was found that the oil rigs in the Gulf Coast were eroding the marshes which were helping to absorb any waters that could pass over into the city
of New Orleans.
But, Congress turned the package down as being too expensive.
Now, as of 9/18/05, the price tag for bailing out New Orleans is $50 billion (just passed in Congress); and it is thought that it will eventually
reach $100 billion plus. So much for prevention.
As usual, the feds have put off a way to prevent a disaster, in order to wait it out, have a disaster, then go in and bail out the disaster.
Must I say more?