A business uses funds voluntarily invested and offers goods and/or services that the public can choose to buy or refuse to buy. No business can force anyone to unwillingly invest in that business. No business can force anyone to unwillingly assume the risks of that business. No business can force anyone to unwillingly buy goods or services. No business can force anyone to bail it out if it loses money.
A civil government can't lose money because a civil government always has the taxpayers to bail it out. For this reason a civil government will take risks with the taxpayers' money that a business would never take with its own, or with its stockholders' money.
The city-parish wants to take a risk that Cox and BellSouth are unwilling to take because the city-parish has the taxpayers to bail them out, and Cox and BellSouth don't.
The thing that the city-parish president said that bothered me the most is (in reference to the plan for the city-owned utility to spend in excess of $100 million to run fiber optics to every address in the city): "I can't imagine how anybody that truly understands this could be against it." He doesn't understand why any taxpayer would be opposed to being forced to take on this risk, or why anyone other than Cox or BellSouth would be opposed to the city-parish, with its power of coercive force, entering into competition against entities with no such power.
I find it very difficult to believe that the city-parish president was ever in private business for himself. I find it very difficult to believe that he was ever anything but a politician.
In a statement, Michael Ranatza, executive director of the association, said Landrieu's "senior status" and her continued support for the sheriffs throughout her career were deciding factors.
The position puts him at odds with GOP Gov. Bobby Jindal, but could bolster support from the business community as the senator raises money for the 2015 governor's race.
On the cusp of a new school year, with the fallout from The IND’s special report, “What’s the Matter at Fatima,” still settling, the administration at Our Lady of Fatima is reaching out to the school “family” to offer reassurances about the academic and spiritual health of the institution.
The Hayride — Louisiana’s one-stop shop for far-right perspectives — has come to the defense of state Rep. Lenar Whitney following her embarrassing, early-exit interview last week with Cook Political Report analyst David Wasserman.
The Catholic Diocese of Lafayette says a 1992 investigation cleared the Rev. Gilbert Dutel of pedophilia allegations, yet when asked to produce those records, church officials came up empty-handed.
The former president and longtime board member of the Council on the Development of French in Louisiana has taken a Texas lawmaker to task over his use of the slur “coonass” during a legislative hearing.
Hundreds of new laws take effect Friday, with the start of August. A look at some of the changes on the books:
Marques Colston let out a laugh and shrugged his shoulders when the subject of his NFL longevity arose.
The state is accepting public comments on a plan that would invest $1 million in a new Homeowner Rehabilitation Program for low- to moderate-income residents whose homes were damaged after Hurricane Isaac.
A Senate Bill passed Thursday now awaits the president’s signature authorizing long-awaited reforms of the Veterans Affairs Administration, including new clinics for Lafayette and Lake Charles.
Behind the scenes a growing number of parents are saying, ‘We want our school back!’
Is sending a 16-year-old boy to prison with men for up to 99 years really the way to address juvenile crime?
How Lafayette’s family businesses have survived despite the odds
Lafayette is ready to embark on a master plan for growth, but will old habits impede our progress?
Friday's Blogs from the Bog!
The recently concluded World Cup is awash in analogies.
The new tool for breast cancer detection
A new tool to beat runner’s pain
Gaza truce unravels; Cantor exits early; immigration bill fails and more national and international news for Friday, August 1, 2014.
The City-Parish Council on Tuesday will be asked to sign off on an agreement between UL Lafayette and Lafayette Consolidated Government that would expand mass transit opportunities for UL students by adding five additional buses to its shuttle run between Cajun Field and campus.
Louisiana's high school seniors are making increased strides on Advanced Placement exams.
The Alabama game is sold out but tickets for all other homes games can be purchased online at www.LSUtix.net.
Among the one-percenters nationally, Louisiana's fattest cat is a relative pauper.
The Republican governor sent a letter Thursday to the president, saying placement of the children in Louisiana could have "potential negative ramifications."
Many laws are minor, though some impact health care options, change educational programs and reach into people's everyday activities.