Qui bono?

"But see where we're going here. We have a thoroughly politicized FEMA, encased within an administration that ran the Iraqi reconstruction in such a way that they managed to give graft and cronyism a bad name. $10.5 billion is just a small down payment on the money that's going to go into draining and rebuilding New Orleans, constructing a much more durable and comprehensive system of pumps and levees around the city, patching up the coastlines of Mississippi and Alabama. And did we mention the important Senate race next year in Florida? And then there's the Port of New Orleans. And the oil facilities in the Gulf."

Read the rest at Talking Points Memo