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September, 2005
Congress, never all that well known for thoughtful deliberation
with a mid-term election coming up, has voted a torrent of
hush-money for a babe named Katrina.
Anything to keep her
quiet, anything at all.
Our behind-the-curve president
has asked for nearly $70 billion in a single week and if
it takes a
hundred, the votes are there. This last outpouring of
money passed the House 410 to 11 and the Senate 97 to nothing.
What voice of reason can be heard in that stampede?
Those
who worry about pumping money faster than pumping water apparently
haven’t listened to Tom
DeLay. “We’ve got safeguards to ensure that the
money is spent appropriately.” This is the same Tom
DeLay who is a whisker away from indictment in Texas for
matters related to his PAC, matters of misappropriation and
laundering. So much for safeguards. Senator Jeff Sessions
(right), a Republican from a Gulf state (Alabama), says “We
have all the earmarks of a rush to spend money that is very
dangerous.”
Everybody in Washington is on this money train. Louisiana
plans to ask for billions (a hundred, two hundred?) to upgrade
New Orleans levees, rebuild highways and infrastructure to
lure back business. Business has been voluntarily leaving
New Orleans for two decades. By 2050, the Gulf of Mexico
is expected to be two to three feet higher than it now is
and somebody better blow the whistle for a time-out before
we find ourselves $25 billion down that hole in the ocean.
It may well be that politicians, historians and those who
simply love the Crescent City’s vibrant past will have
no real say in its future. Insurance underwriting and development
capital are likely to be unwilling to go where no Congressman
fears to tread. Capital markets have no nostalgia. The difficulty
is that a heap of money can be lost to infrastructure before
that reality becomes clear. The very first order of business
should be to test the capital markets. Not with dreams, with
commitments.
It’s
not an opportune time to bring such things up, but I am not
a politician with an election
at hand and a badly bungled hurricane response snapping at
my heels back home.
New Orleans is, for the present, mostly
a ghost town.
There is
time and
there is a deadly serious requirement to look at what we’re
doing and why we are doing it. The hundred miles of shipping
ports along the lower Mississippi don’t need New Orleans.
Neither does business, as its disproportionately vacant office
buildings attest.
When I was there six years ago, jazz could be found but
you needed a deep breath and a guide to get past the embarrassing
blare of hip-hop and techno to finally stagger into Preservation
Hall. There
is exquisite architecture in the wealthier neighborhoods,
but the poverty and murder rates belie New Orleans' reputation
as a grand old city.
Nostalgia is not a reason for a city
to
exist, even if it were possible.
There is money that must be spent and spent immediately,
but not for rebuilding. Those who lost everything and have
no resources must be clothed and fed, found jobs and their
children educated. If all else failed, we are large enough
for that, must take those responsibilities and be grateful
we are able. This wide nation can easily accept two or three
hundred thousand people and give them a lift.
I don’t doubt that we can control to an acceptable
level of theft the money that might be spent to rebuild New
Orleans. That’s not my point. This city, by all logical
standards of measurement, is no longer economically, historically
or socially viable.
Dennis Hastert (right), Speaker of the House, had the unfortunate
opportunity to speak that truth and got creamed for it, but
it's no less a truth because of that.
The past four years of this administration have increased
our national indebtedness by a factor of 50% of all the
debt this nation has acquired since 1776. A three
trillion dollar increase, three
thousand billions shot down the pipe to our
kids and grandkids.
Congress, in its unconscionable dereliction
of fiscal duty, has made that possible. $450 billion
in 2002, $984 billion in 2003, $800 billion in 2004 and
, between our undeclared and unfunded war, hurricane Katrina
and the additional insanity of the Bush tax relief demands,
probably another $1,000 billion this year.
With no end in sight but national bankruptcy.
Mark Twain said it a hundred years ago, “It could
probably be shown by facts and figures that there is no distinctly
native American criminal class except Congress.”
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