In Katrina's Wake, a Wave of Greenbacks

In Katrina's Wake, a Wave of Greenbacks: "As floodwaters continued to be pumped out of New Orleans, a flood of dollars began to flow in, as President Bush vowed to rebuild a stronger city less divided by race and class.

'As we clear away the debris of a hurricane, let us also clear away the legacy of inequality,' he said at a prayer service Friday in Washington.


The night before, in a televised speech from the city's French Quarter, Bush sketched the outlines of an unprecedented federal relief and rebuilding effort. The biggest expenses will include extended unemployment insurance and Medicaid coverage for those who lost jobs, temporary homes and housing vouchers for those who have no place to live, and school vouchers for displaced students. Billions more will be used to clear debris and toxic residue and rebuild roads, schools, utilities and other public infrastructure."