Wednesday, October 13, 2010
Written by The Independent Staff
First, the good news: Lafayette continues to register a persistent pulse on the national economic EKG, most recently when it was ranked among 30 U.S. cities as the best places to restart careers. Citing the Hub City’s small business growth rate, number of small businesses, personal income, unemployment rate, cost of living, charitable giving and student-friendly environment, author Kerry Hannon, writing for news/culture website The Daily Beast, rated Lafayette 20th, joining metropolises like Dallas, Denver, Houston, New York City and Seattle. In fact, the list is dominated by big cities; few mid-sized hamlets like Lafayette made the list. Hannon cites universities and thriving medical centers, which Lafayette has in spades, as common traits among the cities.
And then there’s this: LSU economist Loren Scott predicts the Lafayette metro area will shed 3,000 jobs next year due to stress in the oil and gas sector, specifically a proposed federal extraction tax and a Gulf drilling slowdown due to new regulatory burdens. Scott further predicts that if the moratorium on deepwater drilling extends beyond the Nov. 30 deadline, the expected 2011 losses will increase by 9,000 jobs. But wait, it gets worse: Scott’s job loss predictions are supported by Dr. Joseph R. Mason, LSU endowed chair of banking and nationally renowned economist, who estimates that the proposed energy tax changes would trigger grave economic consequences including 154,000 job losses across the entire U.S. economy and $341 billion in lost economic output. Since the sky hasn’t evidently fallen yet due to the moratorium — as the industry famously and loudly predicted — we’ll whistle past this graveyard.
Isn’t it time Gov. Bobby Jindal just fess up: Sen. David Vitter is toxic, and toxins shouldn’t be touched. Jindal has so far conspicuously declined to endorse his fellow Republican’s reelection bid, insisting to an enquiring media that he had no plans of getting involved in federal races. “Voters can make up their own minds,” he told The Advocate in early September. Yet earlier this month Jindal gave a glowing endorsement via the Internet to U.S. Rep. Jerry Moran, a Kansas Republican seeking outgoing GOP Sen. Sam Brownback’s seat. Jindal’s approbation read in part: “I am pleased to endorse Jerry Moran for U.S. Senate in Kansas. Jerry Moran will work hard to reduce government waste and be an advocate for taxpayers.” Isn’t that Vitter’s shtick, too? Moran holds a comfortable lead over his Democratic challenger, just like Vitter. So what gives? Doesn’t matter really. Unless Vitter is exposed as a gay Muslim socialist between now and Nov. 2, he has this one in the bag.
Lafayette Police have had a busy day.
Gov. Bobby Jindal's administration will use $130 million in patchwork financing from a tax amnesty program, insurance settlement, uninsured motorist penalties and other excess funds to close most of the state's midyear budget deficit.
Democratic U.S. Sen. Mary Landrieu said she disagrees with President Barack Obama's actions on immigration, hoping the latest controversy doesn't worsen her campaign difficulties.
Two bedroom in Lafayette or two bedroom in Kaplan
Sennond trunk show at kiki
Gay-rights advocates challenging Louisiana's same-sex marriage ban announced Thursday that they have asked the U.S. Supreme Court to review their case before it is heard by a federal appeals court.
Thursday’s explosion aboard an oil production platform in the Gulf of Mexico is now under investigation by the Bureau of Safety and Environmental Enforcement.
Acadiana's nightlife guide.
Thinking himself the “son of God,” the man charged with the 2013 killing of an officer of the Chitimacha Tribal Police will not stand trial following a ruling Thursday on his mental competency.
Four hours after inviting supporters to a rally with Sen. Marco Rubio, Bill Cassidy claimed that Mary Landrieu “voted against stopping executive amnesty.”
Either Saints coach Sean Payton doesn't want to tip Baltimore off as to who'll start in New Orleans' secondary on Monday night, or he really doesn't know yet.
Money from the first and only settlement so far in a Louisiana flood board's lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration.
Friday's Blogs from the Bog!
Ten departing CEOs rake in $430 million; profile of FSU gunman emerges; Buffalo's weather woes and more national and international news for Friday, November 21, 2014.
The Ethics Board gives the lame duck Youngsville mayor permission to offer a sweet parting gift to the community he’s presided over for three terms.
Carencro ranch style home or three bedroom traditional in St. Martinville
The money came through a general obligation bond sale Thursday.
A legend in the Acadiana Oil Patch, Comeaux died Monday, Nov. 17.
Acadiana's nightlife guide.
With a growing number of alleged sexual assault victims coming out against Bill Cosby in recent weeks, upcoming projects have been canned by NBC and Netflix, but that won’t affect the once-loved comedian and actor’s scheduled performance in Lafayette.
The Baltimore Ravens' retooled secondary had no trouble against a rookie quarterback at home. This week, however, their task is far more challenging: stopping Drew Brees on the road in New Orleans.
Add Texas Gov. Rick Perry's name to the list of possible Republican presidential candidates flooding the campaign trail for GOP Senate candidate Bill Cassidy.
Gov. Bobby Jindal is in Florida this week with his fellow Republican governors for another gripe session aimed at their favorite target, the president, this time taking aim at his immigration plans.
Early voting for the runoff is shortened by two days because of the Thanksgiving holiday.
“Coach Don” Gagnard is running for school board. Today he offers his critique of the socioeconomic relationship between government subsidies and obesity.
BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill.
Former Le Rosier chef who cooked at the James Beard House and was named one of the “Best New Chefs in America” by Food & Wine magazine in 1995 was 48.
It was only a few months ago when the LPSB held the school system’s purse strings with a death grip, but oh how board President Hunter Beasley's demeanor seems to be changing with the ouster of Superintendent Pat Cooper.
Acadiana's nightlife guide.