The speech was irrelevant IMO. How it was said was less important than the results of what was said. I didn't listen to it but I heard some of the things that are going to be offered. I will repeat what I've said many times - the middle class in NOLA are the ones who are going to get screwed. The "poor" are going to be in better shape than they were before Katrina (hell, many already are) and our tax dollars will cover it. The upper class can afford to buy/fix. The middle class won't qualify for the food stamps and other government freebies and many weren't fully insured against this.
When it happens again in NOLA (which it will...) the government will be even faster in to fork the $$$ over to those who didn't learn this time.
With all the millions being donated through the Red Cross and other charities, I'm not entirely sure why the Feds are getting into taking care of everyone, but what do I know - I'm sure if I was living below the poverty level and someone offered me $2K to spend as I pleased and $5K to stay where I lived, I'd take it too