Dude, you need an attitude adjustment. Positive change does not come about through negative attitudes.

>1. The poor people will not return.

Some will not, others will depending on what opportunities they have found while "exiled" and whether or not they atually owned their home/property.

>2. The land that homes stood upon before the flood that were destroyed will be sold.

Possibly, but whoever owned the land before still owns it now and would be paid if they decide to sell it.

>3. A rich person will buy the land and develop it and make millions of dollars.

Only if the current land owners agree to do this.

>4. The French Quarter (which had little damage) will be the highlight of New Orleans with its bars and prostitutes flourishing once again.

With any luck at all. < bg >

>5. Casinos will be built to bring in more tax revenue, give people jobs, and let the losers have fun.

This is where LA spent the Federal funding targeted for levee improvements in the first place.

>6. The levies will be rebuilt and improved upon to protect the investment of the rich land owner, the Casinos and the French Quarter.

They will be rebuilt and improved but not only for the reasons you state here.