People wonder why the professional grievance industry is so powerful and apparently untouchable for reform. Consider how much money they have manipulated from the trough. Pigford 1, Pigford 2, and now this… $700 million unaccounted for (and that’s just in ONE program).
Yahoo – Where did all the money go?
“Your guess is as good as mine,” David Montoya, the inspector general of the Department of Housing and Urban Development, says of $700 million in missing taxpayer money that Louisiana homeowners were given in the wake of Hurricane Katrina to elevate and protect their homes from future storms.
A new report released from the inspector general’s office shows that more than 24,000 homeowners who received grants of up to $30,000 to elevate their homes either misspent or pocketed the money.
“The fact of the matter is that the money they received was for a specific purpose and the specific purpose was to elevate these homes to avoid future catastrophes,” Montoya tells Power Players.
He rates the home elevation program as little more than a complete failure. (more…)











