Thursday, April 4, 2013

But We FEEL Good, Right?

I know I shouldn't be surprised by this story that Joseph in IL sent in, but...

Where did all the money go? How $700 million in Katrina relief money went missing
Where did all the money go?

“Your guess is as good as mine,” David Montoya, the inspector general of the Department of Housing and Urban Development, says of $700 million in missing taxpayer money that Louisiana homeowners were given in the wake of Hurricane Katrina to elevate and protect their homes from future storms.

A new report released from the inspector general’s office shows that more than 24,000 homeowners who received grants of up to $30,000 to elevate their homes either misspent or pocketed the money.
Yep. $700 million dollars out of $1 Billion disappeared without a trace, with no evidence that it ever got used for its intended purpose. Remember this the next time New Orleans floods - and it will - and the people there are crying about how George Bush hates black people. They were given - GIVEN - money with which to make improvements to their homes to lessen the danger of flood - and most just pocketed the greenbacks.

There was apparently no oversight on how the money was disbursed; there was obviously no follow-up as to whether the money was spent appropriately; and from the video at the link, it doesn't appear that there's anything that can be done about it. Isn't that nice? They handed out hundreds of millions of dollars with no oversight whatsoever - and then act shocked when people just pocket the cash. Apparently all of human history escaped these people.

And yet, we're poised to do it again - there's some $51 billion headed to the Northeast to help rebuild after Hurricane Sandy last year. We can only hope that there will be more oversight than in Louisiana, although a chimp with a clipboard would be a step up. Let's hope that this $51 billion will be used effectively, efficiently, and entirely for storm rebuilding efforts - although without proper oversight, that's some long odds.

It's almost like those who refuse to learn from history are condemned to repeat it...

That is all.

5 comments:

Anonymous said...

if memory serves me correctly,wasn't Karl Rove in charge of the recovery money?

Jay G said...

I'm not certain, but even if he was, that would only be in getting it from the Feds to Louisiana.


Anonymous said...

A true and shocking (to me) story: a friend of mine is manager of a town. He filed for a FEMA grant to clean up after a recent hurricane, estimating it would cost the community $30,000. He ended up getting the work done for less than half of that. When he contacted FEMA and asked how to return the money, they told him to keep it! They said there would be no audit and since he estimated in good faith the money now belonged to the town to use as it sees fit. If the Feds can't control waste when it's handed to them, should we ever expect them to go look for it?

Wolfman said...

The fact that people lined their pockets after a disaster doesn't shock me in the least- the bit that infuriates me, though, is that next time, the SAME PEOPLE will get the SAME MONEY for work they should have done last time. Meanwhile, the rest of us, who DIDN'T move into a house below the flood line, pony up to foot the bill, because if we don't we get hung out to dry for being selfish.

Stretch said...

I'm shocked (Shocked!) that there's corruption in New Orleans.