FDIC Chairman Appointed Gulf Coast Coordinator

From the Washington Post, another cronylicious appointment:

Donald E. Powell, chairman of the Federal Deposit Insurance Corp. and a major Texas backer of President Bush, was named federal coordinator of long-term hurricane recovery efforts on the Gulf Coast, Homeland Security Secretary Michael Chertoff announced yesterday.

Powell, 64, will report to the president through Chertoff and be the main federal contact for Congress, state, local and private leaders in supporting "mid and long-term recovery and rebuilding plans," such as economic development and infrastructure reconstruction, Chertoff said in a statement.

Translation: a Bush money machine with no disaster-recovery experience will be in charge of "coordinating" juicy rebuilding contracts, possibly redirecting them towards Bush-friendly entities while adding another bureaucratic layer to an already ineffective federal response.

Katrina? What Katrina? It's business as usual for Dubya.

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