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Originally Posted by Fletch XXX
Saturday, August 27
President Bush declares a Federal state of emergency in Louisiana under the authority of the Stafford Act [10]. The emergency declaration provides for federal assistance and funding [11] and assigns to FEMA, by law, the responsibility for coordinating relief efforts
Friday, September 2
* The Bush administration sent Gov. Blanco a proposed legal memorandum asking her to request a federal takeover of the evacuation of New Orleans. Louisiana officials rejected the request after talks throughout the night, concerned that such a move would be comparable to a federal declaration of martial law. [45] This matter may also have been discussed by Pres. Bush and Gov. Blanco in phone conversations or a meeting aboard Air Force One.
Note, Feds had control on August 27, but did not do anything until when? Sept 3rd, and still used papers and signed contracts to make sure the State and Local had no authority over relief efforts.
http://en.wikipedia.org/wiki/Timelin...ricane_Katrina
if most of you would actually read it would help fuel honest and worthy debates, but until then most are just running off at the mouth. |
and by August 29th, many Houston-based companies were expected to get a windfall from repairing Katrina's aftermath.
http://www.chron.com/cs/CDA/ssistory...siness/3330823
Quote:
KATRINA: THE AFTERMATH
Not everyone loses when a storm hits
The offshore service companies will gain from repair work while onshore oil and gas producers profit from higher prices
By DAVID IVANOVICH
Copyright 2005 Houston Chronicle Washington Bureau
W ASHINGTON - Catastrophes like Hurricane Katrina cause tremendous agony and heartache. They also create winners. And investors were scrambling Monday to figure out which energy companies will benefit most from the storm's wallop.
Companies that lay offshore pipelines, repair production platforms and otherwise serve the offshore industry will all likely be busy cleaning up after Katrina, analysts said.
Onshore oil and natural gas producers and service companies will also be sitting pretty, enjoying the higher oil and gas prices that Katrina blew in without having to cope with the damage.
"They get all the price upside and none of the production headaches," Dan Pickering of Houston-based Pickering Energy Partners said.
etc...
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Houston-BASED Halliburton was tapped for the cleanup. Anyone else wonder why Houston was the first city to volunteer to take in tens of thousands of refugees?
Hmmm....
Check out CNBC right now, discussing federal spending will be nearly $200 BILLION because of Katrina, analyzing which companies will benefit financially.