160,000 homes may be ruined

Hurricane Katrina's floodwaters may have damaged 160,000 homes in New Orleans beyond repair, an official with the U.S. Army Corps of Engineers said today. Also today, President Bush said he takes responsibility for the federal government's failures in responding to Hurricane Katrina. "To the extent the federal government didn't fully do its job right, I take responsibility," Bush said.
http://www.cnn.com/rssclick/2005/US/09/13/katrina.impact/index.html?section=cnn_topstories