Thursday, 09 November 2017 22:56

Does anybody in Louisiana care to vote election days?

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none above voteRemember the 1970 song by Chicago: “Does anybody know what time it is, does anybody really care?” Well, it’s close to Election Day in Louisiana, and it would seem by early voting and general lack of interest that Louisianans are not holding their breath to cast their ballot. Why the lack of attention to an event that affects the future of the state? There are a number of reasons.

color green 2With Louisiana, once again, getting ready to fall off of the fiscal cliff, would it be better for the state to go to pot?

At some point prior to mid-June 2018, Louisiana legislature will be forced to either engage in major budget cuts amounting to roughly $1B, raise revenues, a combination of both or, extend a penny sales tax since the size of government has exceeded the revenues to pay for it.

Is Louisiana looking at another special session in 2018 to deal with—what seems to be the never-ending budget shortfall?  What is Governor John Bel Edwards doing to fix what appears to be an annual rite of spring—budgetary emergency management? And, just how bad is the budget bleeding going to be given that the state could fall off that proverbial fiscal cliff which near-fall was softened two years ago with a penny sales tax increase and other measures?

In part three of the November 2 interview with Stephen Waguespack, the President, and CEO of the Louisiana Association of Business and Industry, the leader of the largest business organization in the state discussed these and other issues confronting the state, once again.

Ranking for governor, senators

 The annual rankings of governors and members of Congress by POLITICO/Morning Consult is out, and it shows Louisiana’s Democratic Gov. John Bel Edwards with a 53% job approval rating.

edwards himEdwards calls GOP ‘obstructionists’

    Gov. John Bel Edwards did not mince words over the actions of some GOP House members who are members of the Joint Budget Committee.
    The Committee last week blocked lucrative contract extensions sought by Edwards for the managed-care companies that coordinate services for 1.5 million Medicaid patients in Louisiana.

Have Louisiana’s storms of budget slashes and revenue bloats come to an end?  Months ago, the Governor John Bel Edwards administration announced that the state’s revenues have increased, thus, the fiscal year ended with a, get this, a surplus of over one hundred million dollars.

chick laIs there too much “sky is falling” projections for John Schroder in the upcoming Louisiana Treasurer’s Race? Perhaps, and possibly, this publication has contributed to the suspense and speculation.

A couple of weeks ago, I wrote that Schroder might have a very difficult time getting out the vote, sufficiently so, his opponent, Derrick Edwards, an African American Democrat, might somehow squeeze into the victory column. I noted that there were no real major contested elections in Louisiana other than the race for Orleans Parish. There is one election, a Northshore House race between two Republicans fighting for Schroder’s old House position, which he vacated to run for Treasurer.

crouere radioRoughly a week ago, when looking at the upcoming statewide elections, I threw out the possibility of an "upset of upsets" in favor of attorney and accountant Derrick Edwards, the Democratic Party candidate in the Louisiana Treasurer’s race, possibly winning against John Schroder, a Republican.

No doubt,  the Louisiana Association of Business and Industry supports tax reform and, in general, the key legislation coming out of the House of Representatives.  Supporting or taking positions on various state and national legislative instruments is what LABI does along with providing other services key to its members and the community. 

Thursday, 02 November 2017 14:38

Louisiana shooting for mandatory gun insurance?

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gun insuranceSo have you purchased your gun insurance yet?  In case you shoot someone, there are insurance policies available to cover any liabilities you might face, pay for your bail if you are accused of a crime, cover your attorney fees, and even pay for any psychological therapy you might need.  So if you are going to fire away, nice to know that you are financially covered, right?

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