The gentrification of NOLA

The excellent Naomi Klein sounds the alarm:

It's a radical concept: the $10.5bn released by Congress and the $500m raised by private charities doesn't actually belong to the relief agencies or the government - it belongs to the victims. The agencies entrusted with the money should be accountable to them. Put another way, the people Barbara Bush tactfully described as "underprivileged anyway" just got very rich.
Except relief and reconstruction never seem to work like that. When I was in Sri Lanka six months after the tsunami, many survivors told me that the reconstruction was victimising them all over again. A council of the country's most prominent businesspeople had been put in charge of the process, and they were handing the coast over to tourist developers at a frantic pace. Meanwhile, hundreds of thousands of poor fishing people were still stuck in sweltering inland camps, patrolled by soldiers with machine guns and entirely dependent on relief agencies for food and water. They called reconstruction "the second tsunami".
There are already signs that New Orleans evacuees could face a similarly brutal second storm. Jimmy Reiss, chairman of the New Orleans Business Council, told Newsweek that he has been brainstorming about how "to use this catastrophe as a once-in-an-eon opportunity to change the dynamic". The council's wish list is well-known: low wages, low taxes, more luxury condos and hotels.

Greedy fat cats don't want the poor to return. They would render hundreds of thousands of former New Orleanians permanent refugees. Whose side do you think W will take? Hint:

President Bush yesterday suspended application of the federal law governing workers' pay on federal contracts in the Hurricane Katrina-damaged areas of Alabama, Florida, Louisiana, and Mississippi. The action infuriated labor leaders and their Democratic supporters in Congress, who said it will lower wages and make it harder for union contractors to win bids.
The Davis-Bacon Act, passed in 1931 during the Great Depression, sets a minimum pay scale for workers on federal contracts by requiring contractors to pay the prevailing or average pay in the region. Suspension of the act will allow contractors to pay lower wages.