Medical marijuana industry in Louisiana just got a little greener. The chances of the plant becoming more acceptable in the Bayou State might no longer be a pipedream of weed advocates. Wednesday April 29 will be marked as somewhat of a breakthrough for those interested in the state becoming more pot-friendly, although not like Colorado, Washington or the District of Columbia, which has approved recreational marijuana.
The only real conclusion observers could draw from the Louisiana Legislature’s initial attempt to reform its wasteful Motion Picture Investor Tax Credit is that it seems sacred and bound to continue keeping hooked its crack baby to the detriment of the state and its people.
by Jim Brown
Chicken Little has got nothing on King Alexander. The LSU president is shouting from the rooftops that the state financial commitment is crumbling to the ground, the LSU fiscal sky is falling, and he is about to declare “academic bankruptcy.” Academic bankruptcy? I’ve been around and a part of Louisiana state government for some 44 years, and I’ve never heard of the phrase. You can’t even Google it and find any other example.
The Louisiana Democratic Party and the Louisiana House Republicans issued statements today after a very emotional hearing over the issue of Medicaid Expansion under the Affordable Care Act.
What do you do when you are Kate Middleton, married to Prince William, you claim you are pregnant, and you are now four days past your due date? http://www.celebdirtylaundry.com/2015/kate-middleton-induce-labor-st-marys-hospital-baby-birth-past-due-date/.
The Louisiana House of Representatives voted against the Medicaid Extension legislation HCR 3 associated with the Affordable Care Act and was involuntarily deferred after a lengthy debate.
The word about LSU’s financial woes, particularly the threat of academic bankruptcy, is now national news. From the Boston Globe to Bloomberg News to the Houston Chronicle to Al Jazeera America, the news is out that LSU is on the ropes.
First, LSU President F. King Alexander issued a statement on Wednesday, in which he said, “Based on the current status of the budget debate, we have decided to begin contingency planning for exigency as many of our campuses may be impacted, as well as other campuses across the state.”
Yesterday, less than 24 hours after Moody’s downgraded its credit rating, panicked investors withdrew their backing of $114.5 million in bonds for Louisiana State University. It is hard to blame them: Louisiana is currently grappling with a $1.6 billion budget shortfall, the result of years of fiscal mismanagement and astonishing negligence, and thus far, Gov. Bobby Jindal and the stubbornly pliant Republican super-majority in the legislature continue to be in complete denial. The state’s flagship university is imminently imperiled. Its newly-minted president, F. King Alexander, is, prudently, preparing to file for academic exigency, the equivalent of bankruptcy, in order to insulate the damage as much as possible.
It's getting curiouser and curiouser these days at the Louisiana Capitol wonderland.
Medicaid expansion, the Obama ogre healthcare solution, is getting another look on Wednesday and advocates on both sides of the issue are at the battle lines.