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In a message dated 9/1/05 9:21:53 P.M. Central Daylight Time,
[EMAIL PROTECTED] writes:
The federal government always pays Not exactly true. The federal government doesn't normally pay
100% for these kinds of projects. Usually a percentage. And that percentage
could vary. New Orleans and the state of Louisiana could have easily raised the
money needed by imposing a tax on Hotels and rental cars. This would have hit
the tourists instead of the poor and with New Orleans being a tourist city they
could have financed the project very quickly. Of course there are other ways of
financing such projects as well. The way I see it, city, parish and state
officials thought they could gamble on not needing the reinforcements until they
could get the feds to pay more later down the road. Bad
Decision!
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