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Sandy: Katrina Redux?

By       Message Stephen Lendman     Permalink
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opednews.com Headlined to H3 11/14/12

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"The metro area lost over 140,000 people, the city itself over 100,000. Thousands of elderly and displaced people (were affected)."

 

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"Affordable housing" is in short supply. Poor and low income people were most affected.

Supply shortages affect schools, medical care, jobs, public assistance, and affordable housing. Three-fourths of public apartments were gone.

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Billions of dollars in promised aid never came. Funding instead went for luxury hotels, casinos, private clubs, the oil industry, and gentrification.

Post-Katrina New Orleans metaphorically represents the worst of disaster capitalism. Will New York and other Sandy-impacted areas be next?

Post-Katrina, the right-wing Heritage Foundation promoted predatory "free-market" ideas. They included:

  • suspending Davis-Bacon Act law; it guarantees prevailing wages on federally funded or assisted construction projects;

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  • make flood-ravaged areas free-enterprise zones; let corporate predators exploit exploit them for profit;

  • make the entire region a deregulated, tax-incentivized economic competitiveness zone;

  • free capital gains and dividends from taxes for two years;

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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