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Louisiana can't pay Katrina, Rita bills
USA Today ^ | Nov 4, 2005 | Alan Levin

Posted on 11/04/2005 7:08:07 AM PST by abb

Edited on 11/04/2005 7:15:23 AM PST by Sidebar Moderator. [history]

USA Today articles are link only


TOPICS: News/Current Events; US: Louisiana
KEYWORDS: hurricane; katrina; memaw; neworleans; rita
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What? Me Worry?
1 posted on 11/04/2005 7:08:09 AM PST by abb
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To: abb

Blanco is one of the worst governors around. It makes me pine that the incompetence of Gray Davis or the corruption of McGreevey.


2 posted on 11/04/2005 7:11:36 AM PST by KC_Conspirator (This space outsourced to India)
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To: abb
"Staffers for the governor "about fell over" Wednesday night when they received the Federal Emergency Management Agency's estimate of the state's costs for hurricanes Katrina and Rita"

This NEA hack must be removed from office in order for Louisiana to recover.

3 posted on 11/04/2005 7:12:15 AM PST by Senator Goldwater
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To: abb

Give 'em back to France then.


4 posted on 11/04/2005 7:12:59 AM PST by dfwgator
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To: abb

Louisiana's debt status is now equal to that of a third-world country.


5 posted on 11/04/2005 7:14:13 AM PST by sinkspur (Trust, but vilify.)
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To: dfwgator

Louisiana never was a profit maker for France back in the day...you think they'd take'em back now?


6 posted on 11/04/2005 7:15:39 AM PST by Knitting A Conundrum (Act Justly, Love Mercy, and Walk Humbly With God Micah 6:8)
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To: KC_Conspirator

I would differ. She is one of the most corrupt. The more they delay, deny and obfuscate, the less LA has to pay.

It is brilliant, if you want the feds to pay. Blame Bush and act stupid. She certainly has the acting stupid part down pat.

DK


7 posted on 11/04/2005 7:17:14 AM PST by Dark Knight
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To: abb

Can't or Won't?


8 posted on 11/04/2005 7:19:53 AM PST by Reaganesque
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To: abb

Almost without doubt there will be a special funding bill that will move through Congress to cover the charges. The same thing was done for NYC and the state of NY after 9-11 and is really pretty standard. The La politicos can't seem to not ham up every event relating to the hurricane.


9 posted on 11/04/2005 7:31:09 AM PST by robowombat
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To: Dark Knight; abb; caryatid
She certainly has the acting stupid part down pat.

Sadly, I don't think it is an act....
10 posted on 11/04/2005 7:32:40 AM PST by LA Woman3
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To: KC_Conspirator

Perhaps it's time for Blanco to announce that she is "a Gay American".


11 posted on 11/04/2005 7:40:29 AM PST by PBRSTREETGANG
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To: LA Woman3

Gads, no!

You mean you can be dastardly evil, and STUPID?

DK

LOL


12 posted on 11/04/2005 7:41:51 AM PST by Dark Knight
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To: KC_Conspirator

She will keep working hard and one day things will be brighter, and then she's going to get re-elected. Will Louisiana pull out of this? We have Our doubts.


13 posted on 11/04/2005 7:47:36 AM PST by Great Caesars Ghost (The Fault, dear Brutus, lies not in the Stars, but in Our Selves.)
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To: sinkspur
"Louisiana's debt status is now equal to that of a third-world country."

Have you looked at the record of the United States? We are the world's largest debtor. No one else even comes close. To top things off, the United States has off-balance sheet liabilities that make Enron look good. The unfunded and unfundable liabilities of Social Security and Medicare are currently roughly equal to the entire estimated private net worth of the United States. And by historic valuation metrics, the assets that compose much of the private net worth of the US are presently over valued. If foreign investors reach the conclusion that US assets are over valued and begin to disinvest in the US or simply decide to repatriate capital to invest in their own countries (foreign markets have recently been out performing US markets) we could have a financial crisis on our hands.

Highlighting Louisiana's problems invites critical analysis of the US itself. If, or dare I say 'when', people start turning over rocks, I don't think they are going to like what they find.

14 posted on 11/04/2005 7:52:07 AM PST by Reaganghost (Democrats are living proof that you can fool some of the people all of the time.)
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To: abb

But we can afford goat shows and boat races.


15 posted on 11/04/2005 7:55:02 AM PST by Ellesu (www.thedeadpelican.com)
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To: Ellesu

Or is it lawnmower races?


16 posted on 11/04/2005 7:57:09 AM PST by abb (Because News Reporting is too important to be left to the Journalists.)
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To: abb

uh, uh, lawn mower races, I Blanco'd for a moment, sorry.


17 posted on 11/04/2005 8:00:12 AM PST by Ellesu (www.thedeadpelican.com)
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To: Great Caesars Ghost

We were so close to having a genius who would be in his element cutting stupid bloated spending while delivering more services, but noooooo we got stuck with stupid instead.


18 posted on 11/04/2005 8:07:18 AM PST by CajunConservative
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To: Ellesu

Oh, I'm sure every other Governor in the country was tens of billions of spare dollars they can hand over to Blanko in La. Why in the world would we expect Louisiana to do anything to help their own recovery.


19 posted on 11/04/2005 8:11:46 AM PST by bpjam (Now accepting liberal apologies.....)
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To: CajunConservative
If foreign investors reach the conclusion that US assets are over valued and begin to disinvest in the US or simply decide to repatriate capital to invest in their own countries (foreign markets have recently been out performing US markets) we could have a financial crisis on our hands.

And where do you think those foreign investors would put their money? It is here because we have a good record, good regulations, and legal protections that do not exist elsewhere.

20 posted on 11/04/2005 8:12:19 AM PST by ClaireSolt (.)
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