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4 comments:
On the 5th anniversary of Katrina, we need to keep in mind that in the Greater New Orleans Metroplex, most of the damage was caused by an Infrastructure failure. The Hurricane smashed the Mississippi towns, the Levee breaks flooded N.O. Yet how much of the so-called TARP money that is being spent on so-called "Shovel Ready Projects" will actually address the crumbling Infrastructure?
The Ponzi scheme is collapsing, and so is the infrastructure. As to Atlas Shrugging, just call me John Galt...
Based upon what I see on my day job, Atlas is shrugging multiple times a day.
I changed jobs and started calling on customers in Loozy-anna, including the N'awlins area in early 1994. Every-single-trip to NOLA people were on the radio screeching about the levee boards. "They ain't doing this and they ain't doing that," etc.
The levee broke, and gubmint was shocked, shocked I tell you. Yet again proving the old saying that is only by repeated re-iteration that a salient fact becomes obvious to a reluctant mind.
H
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