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New Orleans is in the process of gentrification. Wealthy developers are attempting to purchase as much land as possible to redevelop to their liking.
The Governor is a politician who only serves those who could give him the benefit of their votes. Since it is legal, the actions will continue as the Gov will only seek them when needed
Capitalism is what the Republic was founded on, but the moves made in 1913 nullified it, for wealth now is only subjective to what the Fed calls it, the land is not property of the individual, but truly own by the government while the 'land owner' receives a deed [lease] for the parcel lot and pay taxes [rent] on it.
The central bank has done away with the true sense of Capitalism and can't be regulated by any government office, in fact, the government borrows from the Central bank with interest assigned to every dollar loaned
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