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It’s been more than ten years since the Stanford Group was shut down, having bilked over 1000 Louisiana investors out of their life’s savings. Lawsuits have been filed against the Securities and Exchange Commission for not providing proper regulatory oversight. But a strong case can be made that there is major culpability on the part of a state agency, the Office of Financial Institutions. And we are talking about Louisiana taxpayers being potentially hit with a bill that could approach $800 million.
by Tom Aswell, Publisher of LouisianaVoice.com
I gave myself 24 hours to consider whether to write this or not because:
But after having mulled it over for a full day, I’ve decided to proceed because:
Governor Jimmie Davis must be rolling over in his grave right now. Louisiana’s internationally acclaimed official state song is under attack by the Louisiana Legislature. There is an effort by some south Louisiana legislators to designate the Cajun classic Jambalaya as an official public ballad. And them’s fightin’ words for those who have embraced You are my Sunshine as the sanctioned formal melody.
Governor John Bel Edwards has announced today that he has challenged his two current Republican opponents to three statewide televised debates this fall, but one of the two say that’s not enough.
In a press statement sent via electronic mail, Edwards stated that he wants the debates to take place from September 2nd up until October 12.
Is there a gubernatorial election taking place in Louisiana this year? Based on the amount of current interest, you wouldn’t know it. Qualifications for statewide offices are less than four months away. Four months? And barely a peep out of candidates who want to run major offices in the Bayou State. What gives?
The decision by the Baton Rouge Advocate to go behind a paywall will cause a significant shift in how state political news and opinion become consumed in Louisiana – in ways perhaps The Advocate didn’t expect or want.
Earlier this week, the newspaper’s top brass announced the new model. In some ways, it was late to the party, as a large majority of papers in the country have turned to this practice. In fact, it became the second-to-last mid-major to major paper in the Louisiana to do so, with just the New Orleans Times-Picayune the last standing with entirely free content (and, perhaps not coincidentally, that paper that has done the most to embrace a move online while deemphasizing its print version).
by Tom Aswell, Publisher of Louisiana Voice
LSU basketball coach Will Wade has been REINSTATED and all those Tiger Athletic Foundation (TAF) supporters can breathe a sigh of relief.
But does anyone even remember the shabby treatment of STEVEN HATFIELD by LSU? Did anyone ever protest the disgraceful manner in which he was shown the door? Well, a handful of SCIENTISTS did protest Hatfield’s firing, but who listens to scientists anyway? Certainly not Donald Trump.
Hatfield, for those who may not remember, was an expert on biological warfare who, along with about 30 others, found themselves on the FBI’s list of “persons of interest” in connection with its investigation of the 2001 anthrax attacks. Apparently, this honor was bestowed upon him because he had once passed through Fredrick, Maryland, where the anthrax envelopes were mailed from. Actually, he worked as a biodefense researcher for the U.S. Army Medical Research Institute of Infectious Diseases at Fort Detrick in Frederick—enough to make him a “person of interest.”
As the Louisiana legislature begins a new session, the focus—early on—concerns alligators, almond milk, marching bands, the Who Dat Nation, driverless cars, wrestling matches, crab traps, meatless burgers, and changing the name of the state song. By any objective measure, most of these proposals should go by the wayside and the focus should be on educating our kids, particularly at a very young age.
The NFL was almost destroyed by the misguided actions of spoiled players who chose to kneel during the playing of the National Anthem. These unpatriotic actions were supposedly in the name of supporting social justice or fighting police brutality. Regardless of the intent, the impact on the league was very negative as attendance and ratings suffered.
If you are a sports fan living in Louisiana, you are well aware of the rise to the top by LSU’s basketball team that won the SEC championship and made it to the Sweet 16 of the NCAA tournament. But then the bubble burst. Not because the Tigers were defeated by Michigan State. No, the team was undermined by the irresponsible action of the LSU administration itself.
Now this is not a sports column, but a commentary of the dysfunctional leadership at the state’s flagship university. The basketball fiasco is just one more misstep. Here is the latest in a long line of rash actions.
If you are Businessman Eddie Rispone or Congressman Ralph Abraham (one of the two Republican candidates) intending to unseat Governor John Bel Edwards for the rights to the state capitol’s 4th floor, you have some heavy lifting to do.
And, if you are running for political office this year or working on a political campaign, reading the just-released 2019 Louisiana Survey, a project of the Reilly Center for Media & Public Affairs of LSU, is a must-do.
The ever-so unhealthy John Bel Edwards vs. Jeff Landry feud has emerged, once again. The on-again, off-again legal wrangles between the two top state lawmakers broke skin today. The issue? Healthcare.
In other words, a pre-existing hostile condition has spread into the Louisiana legislative healthcare arena over the uncertain and most-controversial issue of pre-existing conditions coverage.
Statewide elections are six months away, so after ignoring Louisiana’s outrageously high insurance rates for the past three years, legislators are running for cover. Two study commissions have been created, one by the Governor and another by the Insurance Department, for the purpose of finding ways to lower the cost of auto insurance. So to be of help and having a bit of background in dealing with insurance issues, I have the solution. Don’t reinvent the wheel. Do one thing. Enforce existing laws.
“The Killer” needs to take a break from Rock and Roll. Jerry Lee Lewis had a recent stroke and will spend the coming months in a rehab facility near his home in Nashville. I was looking forward to his April 28th concert at the Jazz and Heritage Festival in New Orleans, and had already lined up my tickets for his show. But that’s been cancelled. So let me look back on a few memories about Jerry Lee.