Posts with tag katrina

Banks aren't the only ones that depend on taxpayer bailouts. Every time disaster strikes the government picks up the tab. Losses after Katrina totaled $90 billion, with only $45 billion covered by insurance. The government ended up spending almost $10 billion on homeowners who were uninsured or under-insured. Yet,... Continue Reading »

From the kind folks who brought you the Katrina debacle (OK, OK, I know! Mother Nature gave us the hurricane that wiped out New Orleans. But it was the Federal Emergency Management Agency, FEMA, that largely gave us the debacle part!) now comes a new act that has millions of home owners up in arms -- if not yet water. Many... Continue Reading »

There's nothing ugly about Brad Pitt or his desire to rebuild homes for Katrina victims through his foundation, Make It Right. However, some grumble that the ultra-modern green buildings are, well, fugly. The New York Times just covered the newly-built community locally dubbed the "Brad Pitt houses." Despite all the... Continue Reading »

There's nothing ugly about Brad Pitt or his desire to rebuild homes for Katrina victims through his foundation, Make It Right. However, some grumble that the ultra-modern green buildings are, well, fugly. The New York Times just covered the newly-built community locally dubbed the "Brad Pitt houses." Despite all the... Continue Reading »