What We Call This Is ......

... the royal screw job:

And you know how well the Federal government is helping these people:

NEW ORLEANS - A federal appeals court ruled Thursday against Hurricane Katrina victims who argued their insurance policies should have covered flood damage caused by levee breaches that flooded 80 percent of New Orleans during the 2005 storm.

The case could affect thousands of rebuilding residents and business owners in Louisiana. An insurance expert had said a ruling against the industry could have cost insurers $1 billion.

Well, it's not over yet. The case will certainly be appealed to the Supreme Court.

Oh .... crap.