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.
Four US cities bidding on Olympics; Guardsmen prevent more Ferguson riots; storm threatens travel and more national and international news for Wednesday, November 26, 2014.
The U.S. rep billed LSU for work allegedly performed on the same days Congress voted on major legislation and held important committee hearings on energy and the ACA.
“I am only getting a little nervous about two projects — the proposed Sasol GTL facility [not the new ethylene plant] and the proposed G2X facility — both in Lake Charles. They need a hefty difference between oil and natural gas prices to make sense.”
Abysmally low participation by the public has prompted the council to scuttle the 2014 survey with plans to simplify it and try again next year.
The village now says the ordinance will likely be overturned and authorities will more vigorously enforce existing leash laws.
Lower oil prices also might slow the growth of oil production in parts of the U.S., Canada and elsewhere because it will no longer be so profitable.
Bill Cassidy cast an early ballot Tuesday, seeking to draw renewed attention to a race that has fallen off newspaper front pages and away from people's minds as they plan holiday meals and shopping schedules.
A Lafayette woman faces up to 20 years in prison for running up more than $1 million in unauthorized charges to her company credit card.
Signs that our state’s banking industry is undergoing a downsizing in 2014 were further confirmed today with the FDIC’s latest figures showing a third straight quarter in which Louisiana lost more banks and earned less money.
Acadiana's nightlife guide.
State police say a 47-year-old Lafayette man, who collected more than $83,000 in disability benefits, is accused of operating two businesses out of his home at a time when he claimed he had no income.
Battered all night by Baltimore's relentless pass rush, Drew Brees could feel his protection collapsing and Terrell Suggs getting ahold of him as he urgently unloaded a pass to the right flat toward tight end Jimmy Graham.
After a convincing defeat at the polls on Nov. 4, Earl “Nickey” Picard has decided to let bygones be bygones with his former right-hand man Brian Pope, announcing his support for his former employee’s runoff bid to become Lafayette’s next city marshal.
Saturday the athletic department did everything possible to ensure the 2014 Ragin’ Cajun seniors remembered fondly their last home game. Rain and lightning never arrived but turbulence did in the form of the Appalachian State Mountaineers.
Even stranger than the Republican Party’s decision to hold a “unity rally” earlier this month for Congressman Bill Cassidy in a Baton Rouge bar, Huey’s Bar, was the fact that the establishment was named after Louisiana’s most famous Democrat.
Bar Code is not a gay bar.
After failing to pass a medical marijuana bill last year, state Sen. Fred Mills, R-Parks, is telling supporters he will return in 2015 with legislation that focuses on different applications like oils and pills.
Voters, obviously, are not yet tuned into the 2015 ballot, despite the intriguing races it will host.
Acadiana's nightlife guide.
Saints Street cottage or River Ranch condo
By now, the story of how longtime LSU coach Dale Brown discovered Shaquille O'Neal has been told many times: Brown happened upon a massive 13-year-old at an army base in Germany, stayed in touch with him and eventually became like a second father.
Fate simply wasn't ready to give the New Orleans Saints a break from longtime nemesis Steve Smith.
Facing opposition from a powerful industry, the governor and many in the Legislature, a New Orleans-area flood board's lawsuit against dozens of oil, gas and pipeline companies seemed doomed early on.
"I want to take an opportunity to thank the people of Lafayette for allowing me to serve you for the last three years as your school superintendent."
After Thanksgiving, the small town of Moreauville plans to confiscate and kill all rottweilers and pitbulls, including a service dog.
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