The mainstream media narrative goes like this: Katrina recovery has struggled because local Louisiana politicians were inept and unable to provide oversight. So much money has been wasted because of lack of oversight... I'm not going to dispute that.
But you would think the federal government-- so brilliant, uncorrupted and efficient compared to our "backwards state" of Louisiana would do things a little more carefully, wouldn't you? You would be wrong. Turns out there is hardly any oversight in the spending of the billions in this humongous national bailout!