| Subject: | [socialcredit] Re: COGEXEC: Rebuilding New Orleans | | Date: | Thursday, September 1, 2005 02:39:15 (-0700) | | From: | William B. Ryan <w_b_ryan @.....com>
|
Talking about financial gimmicks in this situation is
to trivialize the tragedy, and to completely miss the
lesson that should be learned.
First, it's a regional problem extending beyond New
Orleans through three states.
As to "interest free" money, tens of billions in
insurance settlements will flow into the region that
is not only "interest free," but with no requirement
for repayment. So, forget about "Binary Economics" in
this situation. It's totally irrelevant.
The lesson that should be learned is that we ignore
the necessity for continuous improvement to
infrastructure at our peril.
The damage came from wind, wind driven water or "storm
surge," and flooding.
New Orleans missed most of the storm surge from the
gulf because the eye of the storm passed to the City's
east, but did have some surge in reverse off Lake
Pontchartrain due to the counter-clockwise rotation of
the storm, hence the broken segments to the I-10
causeway.
Most of the damage to New Orleans is from flooding due
to the broken levees, which should have been
strengthened years ago. If they had been
strengthened, New Orleans would now be mostly intact
today.
The city is now submerged in Lake Pontchartrain. A
decision will have to be made to recover the city or
abandon it forever, like Pompeii.
Most of the damage to the east of New Orleans is from
storm surge. We have had the technology to mitigate
the effects of storm surge for more than a century.
After the 1900 storm that devastated Galveston, the
Corps of Engineers built a magnificent seawall to
protect the developed area of the island, which was
extended in the 60s.
The era of "privatization" has ended such projects.
-
--- Norman Kurland <thirdway@cesj.org> wrote:
> Thanks, Steve. I'm now in the process of writing up
> a Capital
> Homesteading plan for a citizen-owned for-profit
> regional investment
> corporation to finance and plan the reconstruction
> of the "Katrina
> disaster zone", including access to interest-free
> Fed credit, which
> Walter will be carrying to Atlanta tomorrow for a
> meeting with the
> "Elders" of the civil rights movement. Walter will
> try to mobilize
> support to get us access to top people in the Bush
> Administration, whose
> support is critical for coordinating all the players
> and pulling
> together all the components of our proposed binary
> economics model.
>
> I'll keep you apprised of our progress.
>
> Norm
>
> Steve Nieman wrote:
>
> > John,
> >
> > I support ownership by everyday people in the
> rebuilding of New
> > Orleans, like the rebuilding of the Twin Towers in
> New York.
> >
> > Unfortunately, the law in all 50 states does not
> currently *allow* for
> > broad resident/stakeholder ownership. That's why I
> support CESJ's
> > for-profit legal entity they call a "Community
> Investment Corporation"
> > (CIC) that is owned by all residents of a
> community, who as equal
> > shareholders can participate in the process of
> land use planning,
> > development of infrastructure, ecological
> safeguards, recycling of
> > reources, leasing of land for housing, industry,
> commerce, schools and
> > recreation, etc., and sharing in the rentals and
> royalties for the use
> > of nature's resources. I agree with Norm Kurland,
> that if
> > administratively and politically possible,
> ownership of resources can
> > be expanded to cover regional or state resources,
> or even a national
> > or global resources under a Global Natural
> Resources Bank where every
> > world citizen would have an equal share, leaving
> planning decisions
> > and infrastructural development and leasing to
> citizens in their local
> > communities through their CICs.
> >
> > I'm trying to get CICs introduced in the Oregon
> legislature. David
> > Pauling is trying to introduce in WA. As you know,
> it has already
> > twice been introduced in IL and they're going at
> it again in 2006.
> >
> > Lacking this vehicle, the big corps will do all
> the rebuilding, reap
> > all the profits, and spread very little of it to
> their strategic or
> > affiliated stakeholders, dreaming up all kinds of
> excuses to keep most
> > of the money. Until the law reforms, wage slavery
> is alive and looking
> > for new recruits, like my kids, who are just now
> entering the open
> > jaws of this unjust *system*--God help them~~Steve
> > =======================
> > On Aug 31, 2005, at 7:18 AM, John Médaille wrote:
> >
> > A great American city has suffered a great
> tragedy and become a
> > ghost town. At the mouth of the Mississippi,
> it is the focal point
> > for all shipping in the mid-west, which
> includes most of our
> > agricultural exports--10% of our total
> exports, if memory
> > serves--and a very percentage of our energy
> imports and refining.
> > America cannot do without this city and remain
> the same place it
> > has been.
> >
> > Given the various economic views expressed on
> this list, what do
> > you think would be the best way to finance the
> reconstruction of
> > the city, assuming it ought to be
> reconstructed?
> >
> > John
> >
____________________________________________________
Start your day with Yahoo! - make it your home page
http://www.yahoo.com/r/hs
|
Re: COGEXEC: Rebui
Reply to this message