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![[Powered by Blogger]](http://buttons.blogger.com/bloggerbutton1.gif){kind=small}
Posted
3/15/2007 10:20:00 PM
by Douglas
Stored in such places as the vacant land near an airfield in Hope, Ark., an industrial park in Cumberland, Md., and a warehouse in Edison, N.J., are the results of one of the federal government's costliest stumbles in the aftermath of Hurricane Katrina -- tens of thousands of empty trailers.You're doin' a heckuva job, there, FEMA. They should just give them to Wal-Mart for 50ยข on the dollar. I bet they could turn a profit on them.
The Federal Emergency Management Agency hurriedly bought 145,000 trailers and mobile homes just before and after Katrina hit, spending $2.7 billion largely through no-bid contracts. Now, it is selling off as many as 41,000 of the homes, netting, so far, about 40 cents on each dollar spent by taxpayers.
