Thursday, October 26, 2006

"Get as much of it as you can get your hands on."

"Buy dirt!"

It's Ray Nagin again, telling a contractor recently to buy real estate in New Orleans, because "dirt in New Orleans is like gold."

It makes me wonder, yet again, (as Dambala pointed out) why Ray Nagin is hesitating to engage pro-actively in a process of recovery that guarantees people can get back into their homes. At the same time, he's joined his former campaign finance director David White in what looks like it could only be a real estate venture, AFO Investments.

So exactly who stands to benefit from Nagin's market-based recovery philosophy -- where the wealthy are allowed to profit from the plight of the poor?

Tags: | | | | | Ray Nagin | Worst Mayor Ever | Recall Ray Nagin | | | Katrina Dissidents | Failure Is Not An Option


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