There is a company called 24/7 Wall St. which publishes more than 30 articles per day, many of them about economic trends such as automobile models or long established stores that won’t be around much longer, or even the most and least popular beers in America.
The company is not an investment advisor despite the presence of “Wall St.” in its name and its editors do not own securities in companies that they write about. When other writers do have positions in companies, that fact is disclosed in their articles.
Another regular feature of 24/7 Wall St. is its regular rankings of states in everything from obesity to poverty rates to educational achievement to employment to median income.
Invariably, Louisiana finds itself at or near the bottom in these rankings, often held out of the worst ranking by neighboring Mississippi.
A couple of recent surveys released by 24/7 Wall St. were on the worst run states in America,, the most violent states, states with the best and worst schools and on states where the middle class is dying. A sampling of the rankings that include Louisiana:
- 6th worst run state in America: With the nations’ 4th largest budget deficit and the 17th highest debt per capita ($4,045), the 8th lowest median household income ($42,944) and the 3rd highest percentage of its citizens living below the poverty line (19.9 percent), there wasn’t much room for our political leaders to brag. Still, that did not seem to stop Gov. Bobby Jindal from trying to put a positive spin on the state economic condition.
- The most violent state in the U.S.: Finally, a survey that ranks Louisiana as number 1—but alas, it’s the wrong list. Despite having the highest incarceration rate per 100,000 population (867) in a nation with the highest incarceration in the world (686—giving Louisiana the dubious distinction of having the highest incarceration rate in the world), Our murder rate, 11.2 killings per 100,000 population is worst in the country and violent crime rate exclusive of murder of 537.8 per 100,000 population is 8th most in the nation even though we have the highest number of police officers per 100,000 (542.8). The total cost of violent crime in Louisiana is nearly $10 billion, or about 40 percent of the state budget. On Wednesday, Orleans Parish District Attorney Leon Cannizzaro, Jr., was critical of Jindal’s histrionics about the so-call “no-go” zones in England and France where non-Muslims are said to be afraid to enter. Cannizzaro said the fact that law enforcement officials in England and France refrain from entering certain Islamic neighborhoods in favor of letting “the residents police their own” is not so different from the situation in New Orleans. He said Jindal, instead of trying to curry favor among supporters with his anti-Islamic rhetoric, should give consideration to staying in Louisiana and addressing Louisiana’s “urban terrorists.”
- 8th worst school system in America: Despite having the 19th highest per-pupil spending in the nation ($12,375), Louisiana has the 5th lowest high school graduation rate (72 percent versus the national rate of 81 percent) and the second lowest percentage (20.8 percent) of 8th graders proficient in math or reading. The report said that 11th and 12th grade students in Louisiana were among the least likely to excel on Advance Placement tests. These factors combined to give Louisiana a state score of 68.5 percent, or an overall grade of D+.
- 6th worst middle income growth (-4.9 percent, as in a negative growth): The shrinkage of Louisiana’s middle class was surpassed only by Washington State (-5.0 percent), Rhode Island (-5.6 percent), Maine (-5.8 percent), Vermont (-5.0 percent), and California (-6.9 percent). The reason you don’t see Mississippi, Alabama and Tennessee on this list is because the income disparity was not as great. Louisiana uncharacteristically (for a poor state) somehow made the list as the gap between the very rich and the middle class continued to widen.
Despite this plethora of negatives, we have a governor who has gone from gallivanting all over the nation spreading misrepresentations about all his wonderful accomplishments as governor to taking his message abroad and spewing hysterical rhetoric on topics about which he is woefully unqualified to speak.
The reason for his chronic absenteeism from the job for which he was elected—governor of Louisiana? He harbors a desperate, obsessive desire to be president, to do to the nation what he has done to Louisiana for the past seven years. To that end, he either is delusional, an insufferable egomaniac, or he has advisers like Timmy Teepell and Rolfe McCollister whispering in his ear that he is true presidential timber in the mold of Lincoln or Reagan—or all of the above. It didn’t help that columnist Michelle Malkin and Rash Limburger began building up for the ultimate fall way back in 2008.
So now, flush with his bold stand against the evils of Islam and emboldened by all that success in pulling Louisiana out of the doldrums of economic and cultural ruin he has given the go-ahead for the creation of Believe Again, a super PAC created to attract big money and to boost his flagging image in the already crowded field of Republican presidential hopefuls. http://www.washingtonexaminer.com/bobbys-believers-conservatives-launch-draft-jindal-pac/article/2559070
Organizers of Believe Again are former U.S. Rep. Bob Livingston, chairman, and McCollister, treasurer. Timmy Teepell, Jindal’s campaign manager in his 2011 gubernatorial re-election campaign, apparently is odd man out in favor of Washington Republican operative Brad Todd as the PAC’s primary consultant.
While federal election laws bar Jindal from being directly associated with Believe Again or coordinating directly with Believe Again, that didn’t stop Jindal from sending out a tweet plugging the new super PAC created on his behalf—and most likely, at his direction:
- “Sign our petition to demand liberals stop their shameless attacks against Conservatives,” the tweet said. (Just as Teepell had done in an email blast on Wednesday, Jindal lower-cased the “l” in liberals but capitalized “Conservatives.”)
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Moreover, the super PAC’s web page contained a prominent photo of Jindal but no other potential candidates. http://www.standuptowashington.com/
Super PACs, unlike leadership PACs, are allowed to raise unlimited amounts of funds, thanks to the 2010 U.S. Supreme Court’s Citizens United decision.
The Washington Examiner noted that Jindal’s supporters believe his record of achieving conservative reform is what voters and campaign contributors are looking for in a candidate.
“Republican voters are tired of empty rhetoric from the same old politicians,” said Livingston. “They want a full-spectrum conservative who has the courage and bandwidth to make large scale reforms. If Gov. Jindal runs, he will be the kind of candidate who makes Republicans able to believe again,” he said.
But those supporters may be overlooking a key fact: there’s a world of difference between “conservative reform” and real achievement. Jindal’s conservative reform agenda has done precious little toward solving ever-increasing budget deficits, solving a soaring crime rate, improving education, lifting Louisiana citizens out of choking poverty or improving low income citizens’ access to health care.
Oh, there is one last ongoing survey in which Louisiana ranks dead last:
Jindal consistently holds down the anchor position among Republican presidential aspirants in poll after poll, trailing even Sarah Palin.