Saturday, September 17, 2005

The money trail to Katrina

One of the questions that has rarely been asked and one I've been waiting for someone to answer is that much closer to being resolved: where has all the FEMA money for Louisiana gone all these years since they are a severe hurricane risk area?

Someone is getting to the bottom of it. From the LA Times:

Senior officials in Louisiana's emergency planning agency already were awaiting trial over allegations stemming from a federal investigation into waste, mismanagement and missing funds when Hurricane Katrina struck.

And federal auditors are still trying to track as much as $60 million in unaccounted for funds that were funneled to the state from the Federal Emergency Management Agency dating back to 1998.

It's gets better
Keith Ashdown of Taxpayers for Common Sense, a Washington watchdog group, said recent Louisiana history showed that FEMA "money earmarked for saving lives and homes'' was instead squandered in "a cesspool of wasteful spending."

Louisiana's emergency office receives money directly from FEMA. It passes on much of the funding to local governments that apply for assistance.

The audit reports said state operating procedures increased the likelihood of fraud and corruption going undetected.

But, but...but...but...I thought the federal government didn't help...they said so on TV...
<< Home 1 Comments:
Blogger Gloria said...

Wow! That is a lot of missing money. As for TV don't believe everything that you hear.

3:00 PM, September 18, 2005  

Post a Comment