In December of 1995, the Orleans Levee Board, the local government
entity that oversees the levees and floodgates designed to protect New
Orleans and the surrounding areas from rising waters, bragged in a
supplement to the Times-Picayune newspaper about federal money
received to protect the region from hurricanes.

"In the past four years, the Orleans Levee Board has built up its
arsenal. The additional defenses are so critical that Levee
Commissioners marched into Congress and brought back almost $60
million to help pay for protection," the pamphlet declared. "The most
ambitious flood-fighting plan in generations was drafted. An
unprecedented $140 million building campaign launched 41 projects."

The levee board promised Times-Picayune readers that the "few
manageable gaps" in the walls protecting the city from Mother Nature's
waters "will be sealed within four years (1999) completing our circle
of protection."

But less than a year later, that same levee board was denied the
authority to refinance its debts. Legislative Auditor Dan Kyle
"repeatedly faulted the Levee Board for the way it awards contracts,
spends money and ignores public bid laws," according to the
Times-Picayune. The newspaper quoted Kyle as saying that the board was
near bankruptcy and should not be allowed to refinance any bonds, or
issue new ones, until it submitted an acceptable plan to achieve
solvency.

http://www.cnsnews.com/news/viewstory.asp?Page=%5CNation%5Carchive%5C200509%5CNAT20050907a.html

On 9/25/05, Cameron Childress wrote:
> Nice, a link to a post that's also a link, neither of which are explained.
>
> http://www.vaugerefrencewithoutmeaning.com
>
> -Cameron
>

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