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>>..with a client at my job. This gentleman tells me that a friend of his family ( a lady friend of his wife), came down from Washington, DC, to see how recovery is going in New Orleans with Katrina. She told my client that she was sent down by the Federal Governement to see how the recovery is going...seems there is a big question that they want answered. Apparently, over 9 months ago funding for recovery was financed and the Federal Government wants to know why there is an account for Katrina recovery allocated for New Orleans with a balance of $9 Billion and there has been no withdrawals and they want to know what is going on with recovery? Hah?!? This is true. Any thoughts?
Total bunk. Robinette debunked that on WWL a while ago. Apparently the rumor (as spread by many long term GOP Shills here on the EE) is that the state is sitting on a big old pile of money that's sitting in an account earning interest. Unfortunately SNOPES doesn't have the goods on this but Robinette cleared it up and said he investigated this and it's false. The money is in Washington DC as appropriated and will be expended (not sure of the right word) as the projects/requests come in.
FWIW, it's 11 weeks this past Monday that we've been waiting for the LRA to issue a letter. No dice thus far.
TPS
Well sure, the GOP shills are spin-doctoring this the best they can and I'm sure the DNC will spin it the other way when the get a chance. But, it doesn't change the fact that there is $9 Billion out there that is not being used. I don't really care who is holding it or why, but somewhere, someone has been incredibly incompetent in handling the entire LRA mess.