Got a better idea - don't build your home in a coastal area below sea level.
New Orleans should not be rebuilt. The Port of New Orleans is a strategic necessity, but we can do without the rest of it.
But I'm going to miss Mother's and Brunig's.
I assume you mean that the flooded areas should not be rebuilt. Because the areas on high ground are fine.
If the Grand Poobahs who decide these things decide not to rebuild the rest of New Orleans, who's going to compensate the property owners? No one can be deprived of their property without just compensation, remember?
BTW - according to Tom Fitzmorris, "Mr. Food," Mother's has reopened.
http://www.nomenu.com/RestaurantsOpen.html
Brunings -- well, as you know, the lakefront took a gigantic hit. But Deanies, in Bucktown, is open! I ate there two weeks ago on my first trip back since Katrina. Place was jam packed. Doesn't have the view, but the food's about the same.