Hoping to take the wind out of Councilman William Theriot’s sails ahead of Tuesday’s council meeting, officials from Lafayette Utilities System argued Thursday that the long-term financial viability of the city-owned utility’s LUS Fiber business is on the horizon. LUS Director Terry Huval, along with Lorrie Toups, chief financial officer for Lafayette Consolidated Government, and CPA Burton Kolder discussed the fiber-to-the-home/business venture’s sustainability during a presentation at City Hall — five days before Tuesday’s City-Parish Council meeting, during which Theriot will give his own presentation on the financial health of LUS Fiber and, we expect, make the case for LCG discontinuing its financial support of the initiative.
LUS officials have been on a public-relations sally for the last week, making the case that despite the spin-off’s financial losses since it was launched in 2009, those losses were anticipated and built into LUS Fiber’s business plan and the business is on track to break even and begin turning a profit by 2015. A briefing on May 21 before the council revealed that LUS Fiber closed out 2011 with a $29 million deficit, a figure The Daily Advertiser parsed into an alarming headline the next day: “Audit: LUS Fiber lost $45,000 a day.” But in a more measured article in The Advocate, Kolder put LUS Fiber’s losses into context: “Normally, most start-up businesses lose money the first three to five years,” he told The Advocate. “... It would be expected.”
The briefing last week, as expected, reignited Theriot’s ideological opposition to LUS Fiber — and that’s what this really is: an ideological argument about a publicly owned utility competing with private enterprise, with Theriot carrying the water for the big, private telecom operators in Lafayette who have opposed LUS every step of the way.
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NOV 25 Here's a link to the petition that has been created to save Zeus, a family dog who is targeted for death by the learned fathers of the Avoyelles Parish village of Moreauville. They passed an ordinance based on nothing that outlaws pit bulls and Rotweillers. As of Tuesday morning, the petition had more than 230,000 signatures - a number that's a wee bit higher than the village population of 929.
NOV 25 Blogger Tom Aswell is writing about the latest in a federal lawsuit against Du Pont that claims the chemical company's Ascension Parish plant has been leaking toxic fumes on a regular basis for years without reporting it. The company is asking the court to prevent the plaintiff from talking about a fatal toxic leak that happened in Texas, Tom writes.
NOV 25 Louisiana Democrats are limping, but don't count them out, Jeremy Alford writes in this post on LaPolitics. They've come back before; but the one thing the D's can't do is just twiddle their thumbs while waiting for the pendulum to swing left, Alford opines. They need to rebuild and rebrand, he says.
NOV 25 Blogger Mike Deshotels offers this primer on predatory charter schools and how they operate, specifically in Louisiana. They're not just profiting from our tax dollars, they're using children and shortchanging them to do so, Deshotels says.
NOV 25 Blogger Rod Dreher is writing about the increasing number of retail establishments who are open on Thanksgiving in this post. He's got a list of stores that will be open and a list of stores that won't.
NOV 25 Edwin Edwards took off the gloves on Monday, this post on WAFB tells us. At a Press Club appearance, he wondered how his 6th Congressional District opponent, Garret Graves, could be an expert in all the areas in which he claims to be - when he has no college degree in anything. (Five years - FIVE YEARS - in college, but no degree. Huh?)
NOV 25 This story in the LSU Reveille assures students that the Jindal administration's removal of millions from the TOPS fund won't affect students. Oh, ah. K. Is that like the raid on the OGB wasn't going to affect state employees? Who is the adviser for this paper?
NOV 25 Apparently the Jindal administration can't handle old folks, either. This post on The Advocate outlines a legislative auditor's report critical of the administration's handling (or not handling) of the state agency that oversees services for the elderly.
NOV 24 Blogger Bob Mann is blogging about race and the Senate campaign in this post. Sure, everybody knows that Mary Landrieu doesn't do too well with white folks, but how come the GOP can't get arrested in the black community? Bob is asking.
NOV 24 The GOP has a boogie-man for anybody thinking about voting for Mary Landrieu: President Obama. But the Dems have one for Bill Cassidy, too, Melinda Deslatte writes in this AP post on The Reading Eagle -- and his name is Governor Jindal.
NOV 24 Columnist Stephanie Grace is writing about Bobby Jindal's continuing refusal to accept federal funding for the expansion of Medicaid. It's purely an attempt to benefit him politically, meaning the decision is "cruel, short-sighted and remarkably self-centered." Well, yeah. Have you met him?
NOV 24 Because of a town ordinance, the police will come to a disabled girl's home this week to take away her service dog and kill him. Sound like a bad Lifetime movie? Nope - it's real life in Moreauville, blogger Lamar White Jr. tells us in this post. The dog's crime? Being born a pit bull. What's the reason for this ordinance? Well, the town fathers are a little vague on that one. Maybe Obama?
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