Thursday, January 05, 2006

Playing Catch Up

One reason why I read blogs is that sometimes they're WAY ahead of media like, well, New Pravda:

Into the void of the post-Katrina policy landscape, littered with half-ruined proposals, crumbling prescriptions and washed-out initiatives, an obscure and very conservative congressman has stepped in with the ultimate big government solution.

Representative Richard H. Baker, a Republican from suburban Baton Rouge who derides Democrats for not being sufficiently free-market, is the unlikely champion of a housing recovery plan that would make the federal government the biggest landowner in New Orleans - for a while, at least. Mr. Baker's proposed Louisiana Recovery Corporation would spend as much as $80 billion to pay off lenders, restore public works, buy huge ruined chunks of the city, clean them up and then sell them back to developers.


Seems like I heard about this a couple of months ago.

I'm sure Oyster has tons of more important stuff to do, but if he gets the chance, I'd certainly like to hear his take on this "breaking" news...

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