No homes, no businesses, and now, no pay.
Today, in yet another swift kick to the nards of the poorest of the population affected by the Katrina-FEMA disaster, Dubya has suspended the Davis-Bacon Act, which regulates wages paid to workers while working under Federal contracts. Like what, you ask? Say, for example, natural disaster clean-up and re-construction projects. I hear those are going to be fairly popular soon.
Reuters: Bush has issued an executive order allowing federal contractors rebuilding in the aftermath of Katrina to pay below the prevailing wage. In a notice to Congress, Bush said the hurricane had caused "a national emergency" that permits him to act under the 1931 Davis-Bacon Act.
The prevailing wage in the New Orleans area is currently $9.00 an hour. Based on 40 hour work weeks, 50 weeks a year, that's $18,000 before taxes.
So you're finally able to get out of Texas or wherever else you were displaced, and want to move back to what used to be your hometown. Maybe you can swing a hammer or labor manually or just want to help in the rebuilding process. Well, thanks to President Asshole, you're probably gonna get totally screwed on what someone is willing to pay you to do that job. At the very least, this action provides the environment in which that is far more likely to happen.
This unfortunately reminds me of one of my favorite quotes from the movie Real Genius:
Dr. Hathaway: "What are you looking at? You're laborers; you should be laboring. That's what you get for not having an education."
(I know this will come as a surprise to no one, but The Heritage Foundation called this a "Bold Action" by the President. The man hasn't had "Bold Action" since wrestling naked at Skull & Bones.)

Ummm... yeah, all those hundreds of thousands of displaced poor population in New Orleans who are all Federal contractors...
You seem to be missing the point of the President's action. Construction is expensive, the biggest part of that expense being labor. By removing the wage restriction (A.K.A. price fixing!), you LOWER the cost of rebuilding for that guy who only makes 18 G a year!
Gomez 10 Sep 2005