The Army Corps of Engineers internal investigation into the floodgate pumps is out, and it is a blockbuster. The news is horrible.

http://www.dailykos.com/story/2007/6/8/16815/07110
...

Bottom lines:

Hurricane season starts in a few weeks, and according to the Colorado State University forecast team......

"We are calling for a very active hurricane season this year, but not as active as the 2004 and 2005 seasons," said Phil Klotzbach of the Colorado State hurricane forecast team. "Based on our latest forecast, the probability of a major hurricane making landfall along the U.S. coastline is 74 percent compared with the last-century average of 52 percent.