It is in the lead editorial in todays's WSJ..or
as you may not know..Wall Street Journal....You
can trust me???????????? Jake
Hope you don't mind that I didn't trust you. I read that article and it refers to allocated funds for the entire gulf region, not spent funds on N.O. or Louisiana only. It also refers to being 5 times as much as any other disaster, not 10. There is a difference in allocated funds and spent funds. Also a big difference in spent funds and "squandered" funds. It's a lot of money, no doubt about it and the people in the region are grateful for it. But to say it's all been squandered is just a little bit of exaggeration, don't you think?