In the end, there will be, in all likelihood, hundreds of thousands of victims of Katrina, surviving victims who will have lost everything: homes, jobs, possessions, and loved ones. They will, essentially, be bankrupt, unable to pay bills, debts, and mortgages.
George Bush will make them victims once again on October 17 of this year when his lovely little bankruptcy reform bill goes into effect. Despite the fact that there was an attempt made to insert an amendment to protect victims of natural disasters like Katrina, the Bush administration and its supporters in Congress voted it down.
Not only has the Bush administration prevented New Orleans from getting the money it needed to strengthen the levees, unless someone intervenes, it will now be directly responsible for the economic misery of Katrina's victims.