Monday, January 09, 2006

Rebuilding New Orleans on hold...

New Orleans is a city in limbo. Four months after Hurricane Katrina you have neighborhood after neighborhood that are lifeless and deserted. There is a lot of uncertainty. Owners are waiting to see what options are available.

U.S. Representative Richard Baker of Baton Rouge is promoting the idea of the Louisiana Recovery Corporation. This idea, described in this editorial in today's Times-Picayune, will be considered when Congress reconvenes.

Baker's plan would go a long way to convincing many home owners to return and commit themselves to rebuilding their neighborhoods. My view is that if we can rebuild Iraq we can surely help rebuild one of our most beloved American cities.