Katrina

"I fully understand people wanting things to have happened yesterday," Mr Bush said. While not at all addressing the question of why they didn't happen yesterday.

Something I'd not heard about until today, Katrina also closed the port of South Louisiana, the biggest US port. New Orleans is hugely strategically important for trade: Stratfor report on the geopolitics of Katrina, and an article on the commericial costs of Katrina.

News on planning and funding for flood control: 'no one can say they didn't see it coming', 'Lake George' and Why the Levee Broke