Good news from New Orleans, relatively speaking

Jeffrey Kofman just reported on GMA from New Orleans – it looks like the worst of it is over there and apparently Katrina’s been downgraded to a Category Three (yeah, a breezy balmy Category Three. Sheesh). Even so, there’s been quite a bit of damage – part of the roof ripped off the Superdome (but Brian Williams and his cellphone are on it), half the city covered in 5-6 feet of water, “total structural failure” reported

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