With Louisiana governor Bobby Jindal's administration days away from releasing its plan to deal with an unbearable $1.6 budget shortfall, what is a state to do?
According to State Treasurer John Kennedy, don't cut higher ed any more.
While Louisiana Treasurer John Kennedy has not declared which statewide office he might be seeking this fall with statewide elections, he has a healthy war-chest, in hand.
Kennedy reported today that his campaign committee has raised over $4 million in the current election cycle for use in a future statewide campaign.
More good and very bad news for Louisiana governor Bobby Jindal and for the State of Louisiana.
The good news: today, the S&P and Moody's affirmed Louisiana rating in general obligation bonds.
TOPS AND KENNEDY
Louisiana State Treasurer John Kennedy who is reportedly uncertain whether he will run for Louisiana Treasury, governor, Attorney General or US Senator issued this statement today in a form of a press release.
The year was 1988. A successful New Orleans businessman named Patrick F. Taylor had a speech to give. His audience was 183 restless middle schoolers who weren't college bound. Heck, many weren't even high school bound. They were biding their time until they could drop out of school.
by Louisiana Treasurer John Kennedy
Fifty years ago, administrators at the University of California at Berkeley tried to curtail free speech on campus. They quickly had a situation on their hands: Hundreds of protesters materialized, a priest clambered onto the top of a police car to quiet the crowd and students swarmed the Administration Building. Eventually, the governor intervened, telling the university's president to broker a truce. The Free Speech Movement was born.
Readers interested in Louisiana politics got another reminder recently of the maddening inconsistency of state Treasurer John Kennedy’s thinking, and why, should he decide to pursue the matter, any attempt he makes to be elected governor in 2015 should be greeted with a healthy dose of skepticism.
Call it what you will—strong-armed politics, intimidation, extortion, blackmail or bribery—the result is the same: the fix appears to be in on the administration’s claim of a $178.5 million budget surplus developed by a “new and improved” accounting procedure.
by Tom Aswell, publisher of Louisiana Voice
The scene is a cheesy carnival with a sleazy barker trying to coax indifferent passersby into a tent sideshow that is certain to be equal parts hype and fraudulence. You can almost hear his voice as he drones:
The Jindal versus John Kennedy budget battle continues.
On Wednesday, the Jindal administration in advance of a legislative hearing on the budget surplus it reports slammed Treasurer John Kennedy in the administration attempts to defend itself from criticism it has been receiving since it reported ten days ago that Louisiana would end the past fiscal year with a surplus.