Nightly Business Report (PBS) - 2005-09-13
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Read a transcript preview of “Nightly Business Report (PBS) - 2005-09-13” from malgent, uploaded on 2026-01-07.
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Language: English (original, YouTube automatic captions)
[0:03] [music]
[0:07] Good evening everyone. New Orleans took
[0:09] two giant steps in getting back to
[0:11] business today. Its airport reopened to
[0:13] commercial flights and its port received
[0:16] the first cargo shipment since Hurricane
[0:18] Katrina devastated the Big Easy. The
[0:20] slow signs of recovery came amid
[0:22] promises from the White House and FEMA
[0:24] to learn from their mistakes and
[0:26] intensify their efforts to help the
[0:27] victims. As we continue our ongoing
[0:30] series recovering from Katrina,
[0:32] Washington bureau chief Darren Gersh
[0:34] says the government is already on the
[0:36] lookout for fraud.
[0:38] >> Homeland Security Chief Michael Churoff
[0:40] sounded like a man trying to strike the
[0:42] right balance between chasing down fraud
[0:45] and helping out victims of Hurricane
[0:47] Katrina.
[0:48] >> The message has gone out very clearly to
[0:50] everybody that we're going to be
[0:53] efficient. We're going to cut through
[0:54] red tape, but we're not going to cut
[0:56] through the laws and and the rules that
[0:58] govern ethics.
[0:59] >> Congress has already given the FEMA
[1:01] Inspector General's office an extra 15
[1:04] million to be a watchdog over disaster
[1:06] assistance spending. So far, the record
[1:09] is mixed at best. In Florida, after
[1:12] Hurricane Francis hit last year,
[1:14] investigators found FEMA may have given
[1:16] out $30 million to individuals who
[1:19] suffered little or no damage. The
[1:21] federal government's performance now
[1:23] will largely depend on the private
[1:25] sector since FEMA hires contractors to
[1:28] evaluate and process claims for
[1:30] individual losses.
[1:31] >> So FEMA's role is not actually doing the
[1:33] inspections themselves, but the
[1:35] overs