QUOTE(AuthorMusician @ Sep 5 2005, 02:53 PM)
I would like to think that New Orleans can be rebuilt, but with the idea that the flooding WILL be repeated. Certainly the city fathers can take this as an opportunity to correct some of the many past mistakes made by all levels of government involved in the making of this catastrophe.Bill55az
Otherwise, they only get this one chance to rebuild at taxpayer expense.
Do you also extend this to Arizona wildfire victims? The wildfires will be repeated, and it's only a matter of time, eh?
Fire vs. flooding? Maybe it isn't quite apples and oranges but there is a difference.
Fire insurance is a lot cheaper to come by than flood insurance, even in California.
Perhaps you have some info that says wildfire victims in AZ, CA, etc. were helped by the taxpayer above and beyond what their insurance companies paid? I know at least one who lost his summer home that will argue that.
Houses can be built to be fire resistant, but flood resistant? I remember a helicopter flight shown on TV after the Oakland fire, one house stood alone, with no visible damage, while all the others around it were gone. That house did not have combustible construction materials on its exterior. The roof was tile, walls were stucco. My guess is that when the neighbors rebuilt, the smart ones went with tile and stucco. But there is nothing that can be done in an area like NO except to either move the entire town (to where?) or at least move the residential parts to higher ground.
Common sense and personal responsibility should prevail, but in a disaster of the New Orleans level, I don't see how the taxpayer is going to escape paying a part of it. Either the victims get help rebuilding their homes and lives, or they become long term welfare recipients.
Developers and bankers would not be doing their thing unless there was a market for their services. People have to have a place to live. Some lessons have to be learned the hard way, and if the builders/bankers/developers end up losing part of their investment, even they might learn a thing or two, right along with those who choose to live in flood prone areas.
Having said all that, even if bankruptcy laws are not eased for this situation, you can bet that there will be some kind of government help for the individual victims
as well as for the city of New Orleans, state of LA, and AL, and MS, and so on.