Some possible sense about Katrina

. . . that takes us beyond the standard blame-Bush, blame-city and/or state officials position:

Manhattan Institute for Policy Research.
Keeping you up-to-date on the latest by Manhattan Institute Scholars August 29, 2006



Katrina's Real Lesson

Nicole Gelinas, RealClearPolitics.com, August 29, 2006
(This originally appeared on
City-Journal.org, 08-28-06)
Though President Bush declared on Saturday that Hurricane Katrina exposed "deep-seated poverty" in America, the disaster isn't ultimately a story of poverty or of race, but of the greatest failure of civil engineering in American history. Luckily, while the nation has never been able to solve poverty, it can solve the engineering problem at the heart of southern Louisiana's potential recovery. . .

And something new about asbestos:

Asbestos double-dipping
Posted by Ted Frank
Must-read coverage of how asbestos plaintiffs "double-dip" into billions of dollars of asbestos bankruptcy trusts run by plaintiffs' lawyers (like Baron & Budd, the namesake of John Edwards's money man, Fred Baron) through making boldly inconsistent claims of exposure. (Daniel Fisher, "Double-Dippers", Forbes, Sep. 4). Courts are cracking down for the first time, though the only people suffering consequences so far are clients, rather than the unethical attorneys-the shareholders who lost their money and the workers who lost their jobs in the fraud are out of luck. . .



1 comment:

Cal Skinner said...

I'm getting a bit tired of the charge that the levies were not what the Demcoratic politicians wanted.

Back in 1965 when Hurrican Betsy struck the area, Hale Boggs was House Whip and quite close to President Johnson, he was influential enough to get the first $10,000 or $20,000 of all Small Business Administration emergency loans forgiven.

My guess is that he could have gotten anything he wanted from Johnson and just didn't ask.

I was handling the budget for the SBA for the U.S. Budget Bureau at the time.