Why doesn't the government use our tax dollars to bail out Galveston and Houston, rather than the failed banks?

I know--it's amazing. It's almost as bad as New Orleans, but no one is paying attention. It's as if we're all supposed to feel sorry for a bunch of Wall St. investment bankers who could quit their jobs tomorrow and live comfortably for the rest of their lives, while the people of Houston and Galveston can just float away.

There are more than 7,000,000 people effected by this hurricane and infrastructure as well. There have been and will be more. How much of an insurer do you think the taxpayers can or should be. We get the same question here again. Should we bail out everyone's bad deals. The people who live in tornado and hurricane prone areas know the risk and its their choice. New Orleans is below sea level. Its lower than Lake Pontchartrain, lower than the Mississippi River, and lower than the Gulf of Mexico. If you live there you have to have some expectation of disaster. The tax payers and the government are not constitutionally allowed to be an insurance company and can't afford to pay for everybody's disasters. Sooner or later everyone would run out of money. The only money the government has is tax payer money. People who live in areas of known risk don't prepare for that disaster as we can see by the total lack of any remaining infrastructure. every time there is a disaster there is more deficit spending to cover it. Where does the money come from to feed 7,000,000 people. If you bought everyone a hamburger at McDonald's it would cost at least $42.000.000.00 for each feeding everyday until everything is restored and that's just food. Red Cross and other such organizations are broke. They are borrowing money to provide basic necessities. There are insurance coverages that need to be facilitated. There are companies with monopolies that are or should be required to restore and provide energy and infrastructure. Its their job and their responsibility. In these areas they should be prepared for it.

For 8 years they play this game...now you get upset? Guess what ? the people that got heart the most they will try to put in few months the same administration back in office...different faces different names but the same old Politics...only if OB AMA wins maybe we have a Chance and that is not a Guarantee...Just vote...cross your fingers & hope for the best.

because the Federal Reserve is own by bankers and they are saving their own kind.

http://federalreserve.gov/generalinf...

As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."

The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.

It was declared a disaster area by the Governor so therefore those areas are eligeable for federal aid. It is up to the state to decide how to disperse the money. If you have a problem with it, quit bitching about the president and contact your state senator and representative. This is their responsibility.

Bush said yesterday that he was going to do that. Send them about 2 billion dollars. I think all the Oil rich people should paid for the clean up in Texas.

Still New Orleans has been total cleaned up.

Has it occurred to you that maybe it isn't the funds that are the problem? There's an obvious lack of manpower. It's hard to do that big of a job. The gov't isn't all powerful.

Also, with the election coming up, all members of both major political parties are probably acting as good as a little kid 2 weeks before Santa comes.

Show the priorities your government has doesn't it

Big business first and foremost people last

What's wrong with this picture

Blame the media. Money is on it's way.

Ask your Congressmen! They seem to have all the answers.