The Big Easy’s Billion Dollar Boondoggle
Uncle Sam has spent how much on New Orleans and the Gulf since Katrina hit?!?!!#!!
By Larry Kudlow
So, the president and Mrs. Bush went down to New Orleans to commemorate the second anniversary of Hurricane Katrina. Who knows? Maybe over a latté with leading Democratic candidates Hillary Clinton, Barack Obama, and John Edwards they discussed spending even more money down there. After all, everyone seems to be saying New Orleans needs more cash.
Here’s a pop quiz: How much money has Uncle Sam spent on New Orleans and the Gulf region since Hurricane Katrina ripped the place apart?
I’ll give you the answer because you’ll never guess it. The grand total is $127 billion (including tax relief.
Read the rest of this disturbing article.
We expect this from the Dems, but far too many of our Republican leaders have lost their way. At one time, fiscal responsibility and Democrat were incompatible terms. Now that is true of so many Republicans.
For more of the same, check out this article by Bob Woodward. Alan Greenspan "...levels unusually harsh criticism at President Bush and the Republican Party in his new book, arguing that Bush abandoned the central conservative principle of fiscal restraint."
This is very disheartening to the Republican base, but conservatives must not throw in the towel because of this. It is time for conservatives to stand up and hold our Republican leaders accountable.