Some great points.... while I am all in favor of restoring New Orleans, I only support it if they agree to make a lot of changes - straighten out their local politics, build better levees or build up the city like Galveston did, and have a PLAN... because there will be a next time.
> I am all in favor of restoring New Orleans, I only support it if they agree to make a lot of changes - straighten out their local politics, build better levees or build up the city like Galveston did, and have a PLAN... because there will be a next time.
Classic case of GroupThink. Would you voluntarily build or invest in a property below sea level, close to a hurricane-ridden Gulf, surrounded by a huge lake and the continent's largest river, both of which were at a higher elevation that your hypothetical property.
As an individual, you would run from that deal as fast as you could... but invest in New Orleans?? It has survived for x-hundred years, they have pumps, everyone else is not afraid, etc. Sure, why not (many people say)