Posted on 09/29/2006 7:05:06 PM PDT by Ellesu
Only 11 people have received a check so far from the Louisiana Recovery Authority and only about 250 have been told they’ll be receiving money, a pace that brought shocked responses from some officials at a public hearing Friday.
The LRA has about $10 billion to distribute to homeowners and they’ve had the funds for about three months. There are nearly 27,000 applicants.
“We have over $10 billion at disposal,” said State Senator Derrick Shepherd, D-Marrero. “If we can’t spend it in an effective manner, maybe the president and Congress gave it to the wrong people.”
LRA Chairman Dr. Norman Francis disagreed with the assessment. He said three months is not a long time and he said that the group worked hard to put in safeguards to make sure everything was in place before the funds were distributed.
He said the LRA expects to start conducting about 1,000 interviews a day by mid-October. And, they admit that it takes about six to eight weeks to get money once the interview and application are completed.
That prompted Senator “Clo” Fontenot to question why little was done in advance of the state receiving the money.
“We waited to make sure we had it all,” Francis conceded. “If that was a mistake, we take blame for it.”
An angry Sharon Lamberson, who lives in the city’s Holy Cross area, blames Louisiana politics for the trickle of aid.
“All the filibustering, all the unnecessary meetings and planning must be stopped immediately,” she shouted.
I do believe I'm going to faint. This came from a Dem.
L
They estimate completion of the process within 100 years.
Let this be a lesson.
My butt. They are just trying to earn as much interest as they can get.
You nailed it.
Giving $10 billion to Louisiana to hand out as they see fit is a huge mistake.
Unless you know Louisiana government personally, you can't imagine how bad this is. The government there isn't corrupt. That's too gentle of a term.
It's an incestuous den of thieves. It is no better than Mexico's and it might be worse.
I know. I've had to deal with them for 15 years.
Arrest every member of the board for stealing and let them each answer to a judge in court on TV. Louisiana "authorities" are way overdue for a hard lesson.
Derrick Sheppard running against Jefferson
IF Blanco doesnt speed this up she is even in more trouble
Had a brief talk with a lawyer you said " You pay the fine or give me double for the judge and all records will disappear". Paid the lawyer who paid the judge, I presume.
This really happened.
My guess, the LEO got a piece of the that pie too.
L
Waiting for headlines: "Blanco receives $8 million to repair Katrina-damaged home; Nagin $6 million."
Ten Billion Dollars.
One hundred thousand people times one hundred thousand dollars.
A million people times ten thousand dollars.
Man, pretty soon you're talking some big money...
It takes a lot of freezers to store $10 billion. You can't expect the Louisiana Dims to be able to buy them all overnight.
I always forget about that one for some unknown reason.
For those of you in Rio Linda, Fort Polk is in Louisiana.
Or $370,370.37 per applicant.
Dog!
I feel a storm brewin' in Southeastern Michigan...
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