http://mises.org/story/1902
He is hardly some lone nut. National Geographic ran
a large article on the topic last year that begins with a war-of-the-worlds scenario and reads precisely like this week's news from New Orleans. It is the Army Corps of Engineers that has been responsible for the dwindling of the coastline that has required the levees to be constantly reinforced with higher walls. But one problem: no one bothered to do this since 1965. That's only the beginning of the problems created by the Corps' levee management, the history of which was
documented by Mark Thornton following the last flood in 1999.
Everyone knew how bad this could -- I now have a lot of respect for the guys at DirectNIC
