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To: Nathan Jr.

I don't like the gaming either. I do see why Nagin wants it. The city must be bankrupt by now. They need money fast I guess.

I think Nagin knows if everyone sits back and thinks, many won't want to rebuild. Or will decide it is too expensive.


131 posted on 10/14/2005 8:47:00 PM PDT by cajungirl (no)
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To: cajungirl
The city must be bankrupt by now.

Without that city's tax $$ coming into the state's treasury, Louisiana will be skirting bankruptcy as well. The out of state bond commission people are wanting their money insured now whereas before - Louisiana was a good risk. And some of them won't even talk to Louisiana now with or without insurance.

The Levee Board members must be hunted down and run out of Louisiana. Here is an example of what they did with tax monies rather than maintain the levees.

"Earlier this year, the levee board did complete a $2.5 million restoration project. After months of delays, officials rolled away fencing to reveal the restored 1962 Mardi Gras fountain in a four-acre park featuring a new 600-foot plaza between famous Lakeshore Drive and the sea wall.

Financing for the renovation came from a property tax passed by New Orleans voters in 1983. The tax, which generates more than $6 million each year for the levee board, is dedicated to capital projects. Levee board officials defended more than $600,000 in cost overruns for the Mardi Gras fountain project, according to the Times-Picayune, "citing their responsibility to maintain the vast green space they have jurisdiction over along the lakefront."

149 posted on 10/14/2005 9:45:08 PM PDT by daybreakcoming (May God bless those who enter the valley of the shadow of death so that we may see the light of day.)
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