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Article Written on: Monday-July-14-2008 BuzzBoards Calendar Contact Advertise About
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Louisiana News: Jindal Vetoes, Landrieu Campaigns, Insurance, Real Estate Woes


Written by: BayouBuzz Staff


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 Today will be a big day for Governor Jindal with his announcement on HB1.  Senator Landrieu sent out a press release today outlining the week which she campaigned.  Today she will announcement endorsements.  While she tries to insure a victory this fall, there are still major insurance insurance in Louisiana post-Katrina.  Not only are there insurance problems, but, imagine national housing institutions going broke and being bailed out by the federal government in fear of a total real estate collapse.   

 

Today, Governor Bobby Jindal will make an announcement on House Bill 1 in the Governor’s Press Conference.

National Conference of State Legislatures conference set for July 22-25 in New Orleans

On the final stop of her "Winning for Louisiana" tour, United States Senator Mary L. Landrieu, D-La., spoke at Basin Street Station about her fight for south Louisiana hurricane recovery in the aftermath of Hurricanes Katrina and Rita and her efforts to change and reform the way the federal government responds to future natural disasters. She spoke in New Orleans this afternoon after spending the past two days in Baton Rouge, Lafayette, Shreveport, Monroe, Alexandria and Lake Charles.

"Our government's response to Hurricanes Katrina and Rita was contemptible," Sen. Landrieu said. "As Chairman of the Disaster Recovery Subcommittee in the U.S. Senate, I have fought and will continue to fight to ensure that the next time a disaster strikes, America is ready to respond quickly, compassionately and comprehensively."

A strong coast and hurricane preparedness are essential to protecting south Louisiana from future storms, according to Sen. Landrieu. At the end of 2006, she wrote, passed through Congress and got signed by the President legislation that requires the federal government to share revenue collected from energy production off Louisiana's coast so that the state can restore coastal wetlands and build a safe and reliable hurricane protection system.

"For 60 years, Louisiana was denied our fair share of federal revenues collected from oil and gas exploration off our coast," Sen. Landrieu said. "I brought historic change to Washington when I successfully led a ten-year, bruising battle to secure revenue sharing on the outer continental shelf for the first time in the state's history. This single action will provide the funding necessary to secure our coast and build a world class hurricane protection system for all of south Louisiana."

The bill also opened 8.3 million new acres to oil and gas exploration, which was the first time in 25 years that the federal government opened areas in the outer continental shelf to oil and gas production. It will bring as much as $40 billion to Louisiana for coastal restoration and hurricane protection projects.

Sen. Landrieu also discussed her efforts to change FEMA and how the agency responds to disasters.

"I have and will continue to lead the effort to bring change and reform to FEMA, and other federal agencies in desperate need of reorganization to respond more effectively to disaster victims in the future," Sen. Landrieu said. "We can't control Mother Nature, but we can make sure that our people are never again victims of an inept bureaucracy that puts public relations before the public's interest."

Sen. Landrieu believes that America should never let bureaucracy get in the way of helping disaster victims, and she led the fight to reduce a significant amount of red tape by waiving the local government matching requirements for hurricane recovery projects.

"With the stroke of a pen, the President could have easily waived the 10% match requirement that bogged down Louisiana recovery with red tape," Sen. Landrieu said. "But it took an act of Congress to get it done, and I am proud to have led that effort on behalf of Louisianians."

When Louisiana's Road Home program faced a $3 billion shortfall, Sen. Landrieu stepped in to secure the funding from her seat on the Senate Appropriations Committee. She has also secured $25 million for Small Business loans, hundreds of millions for Louisiana's farmers and fisheries, millions more for LA-1 and key south Louisiana infrastructure projects to protect the region from the impact of future storms, and $12.8 billion to build and restore hurricane-damaged levees. She has secured the necessary funding and authorizations to rebuild Louisiana's schools and healthcare facilities and change the way the federal government responds to disasters.

"I will do what it takes to make sure that Louisianians who suffered through Hurricanes Katrina and Rita are never forgotten," Sen. Landrieu said. "I will change the way that the federal government prepares for and responds to disasters in the future. I will never give up until the job is done."

(Landrieu Press Release)

Bayoubuzz Note:  Bayoubuzz interviewed Senator Landrieu’s opponent John Kennedy this Saturday and will have the video interview available tomorrow.  He touched upon his reasons for running, his platform, Senator Landrieu’s record and “earmarks”

 

Other News

Bush to lift offshore drilling ban in symbolic move
Dollar slips a bit after Freddie Mac auction
Storms blew up deductibles
Potential Levee Costs Put Flood Protection on Hold in Louisiana

 

 





 












 

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Comments from BayouBuzz readers

One day, Mary Landreau was notified that she was being picked for jury duty, but asked the judge to excuse her stating ... "This is a very busy time in Louisiana, Your Honor, and I need to be there."............ "Oh, I see," the judge said. "You're one of those folks who think you're indispensable, and that Louisiana can't get along without you."............... "No, sir, not at all," Mary Landreau replied. "I know they can do just fine without me, but I don't want them to find that out.".............................
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