new orleans is bankrupt

[madrchsod]

there is something profoundly wrong when we can give billions to iraq and not a dime to pay the government of new orleans a dime to pay the people who are doing everything that is humanly possible to save new orleans.
should have included this

http://www.nynewsday.com/news/nationworld/nation/ny-usnola134424125sep13,0,1633939.story?coll=ny-nationalnews-headlines
New York City - National News

[tx_dem41]

1. Ummm...hasn't the Govt given 60+ billion dollars so far?

And aren't corporate America and individuals giving millions (and probably billions by now)?

[SCDem]

2. but who is getting that $60 million

Is that $60 million to go into Halliburton contracts to repair NO, what about the citizens?

[Nikki Stone 1]

6. Speaking for my friend from Lacombe, NOLA evacuees haven't seen JACK

from the Fed.

[OneBlueSky]

11. that money is going to FEMA . . .

which means it will end up in the pockets of Halliburton, Bechtel, the Carlyle Group, and any number of high ranking officials . . .

[tx_dem41]

13. Yep.....sorry...I forgot that meme. n/t

[Norquist Nemesis]

3. Gives States Rights new meaning, eh? n/t

[madrchsod]

4. everytime i see your

name it reminds me just what a fucking scam he pulled in dixon..but "denny the fixer`s" scam even tops grovers...2.5 million from the road fund bill to build a riverfront walk on the banks of the mighty rock river. right now the might rock smells like dead carp

[Norquist Nemesis]

5. LOL! Guess What???

Denny the Fixer's house is just a few miles down the road from me. :rofl:

[rocktivity]

7. "With no immediate source of tax revenue

due to residents and businessmen being scattered around the country, Nagin, a former executive with Cox Communications before being elected mayor in 2002, said his financial advisers are working feverishly to secure public and private lines of credit."

And why can't they get a bailout from the government, like the airlines did after 9/11? There shouldn't be another drop of construction work done until this mater is resolved.

:headbang:
rocknation

[Norquist Nemesis]

8. Or like New York City even before 9/11?

There's precedent even without a disaster.

[Selatius]

9. Hate to break it, but we're borrowing money for both Iraq and Katrina

We've got a 600 billion dollar government deficit. We have no surplus. It's all being borrowed...with interest. If we keep this up, foreign investors will question whether they should continue to hold reserves of US dollars when they see the government that represents us cannot even pay the fucking tab. They will only loan us so much as a noose to hang ourselves.

[TreasonousBastard]

10. We're borrowing money...

to pay the employees of the IRS who collect the few taxes left to pay off just some of the debt.

To say nothing of that huge porkway bill they just passed-- a lot of which could be shifted to the Gulf to help with rebuilding if they had the guts. All it takes is a quick vote.

The "fiscal conservatives" have managed to bankrupt the country.

[chaska]

12. Not surprising. Most large American cities are close to broke...

because of the pugs sloughing off federal duties onto the states.