Even though this is tied into parts of other threads, I feel that this is an interesting question and deserves itís own thread.
This is going to be a multifaceted question concerning the 200 billion it will take to rebuild New Orleans. Do we rebuild the people or the place? What I mean by this is that there were a lot of low income individuals who rented apartments in New Orleans before the floods. Should they get funding to rebuild or should the person who owns the building. Do we limit it do just people who own actual property to rebuild, or distribute the money equally to all those who lived in New Orleans. But then that would limit the actual funding for the reconstruction of many buildings. What funding distribution would be the most effective for the reconstruction effort?
Part two of the question is can the Federal Government rebuild a city? I remember reading about a 1930 Supreme Court Decision that prohibits federal governments from being in the City Building Business.