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Archive for the ‘Vitter’ Category

No sooner had The Donald pulled off the biggest political upset since dewey-defeats-trumanthan the speculation on who would hold which cabinet position had begun. And it got downright scary.

There was former New York City Mayor Rudy Giuliani being touted as Attorney General.

Yep. That’s all we need: A doddering old has-been who has all he can handle to remember his own name standing in as the premier legal authority in the land. He’s probably the only one who could make John Mitchell look good.

And Newt-for-God’s-sake-Gingrich as Secretary of State?

And the Republicans thought Hillary was bad in that role?

Next thing you know, Trump will be tossing out Charles Koch’s name as Secretary of the Interior.

And how about Chris Christie as Secretary of Defense?

Or Kansas Gov. Sam Brownback as Secretary of the Treasury? I mean, look what he’s done for that state’s finances.

But according to The Wall Street Journal, in a story quickly picked up by state media, a familiar name (to Louisianans, that is) is being pitched as a potential choice for Secretary of Health and Human Services.

Bobby Jindal.

Are you kidding me?

Apparently not. http://www.wdsu.com/article/report-former-gov-bobby-jindal-being-considered-for-cabinet-role-in-trump-administration/8263712

For some reason the locals believe that because he worked for former Gov. Mike Foster as Secretary of Health and Hospitals and for former President George W. Bush as a special adviser to the Secretary of Health and Human Services, he somehow has a shot at a similar role in the Trump administration.

I would refer those reporters to chapters 30 through 37 of my book Bobby Jindal: His Destiny and Obsession. Those chapters include the sordid details of how Jindal single-handedly dismantled the state’s model public teaching hospital system to benefit a few greedy political hangers-on—even to the point of signing off on a contract containing 50 blank pages. A rhetorical question: would anyone reading this ever sign his or her name to any document containing even one blank page?

As an added bonus, I would refer you to Chapter 17 of the book which details how Jindal’s Commissioner of Administration Kristy Nichols landed a cushy lobbying position with Ochsner Health System after helping negotiate a deal whereby Ochsner would partner with Terrebonne General Medical Center to take over operation of the state’s Leonard Chabert Medical Center in Houma.

At least the WSJ thought to mention failed GOP presidential hopeful Dr. Ben Carson as also being under consideration for the Health and Human Services post.

That would, after all, make a little more sense. After all, Carson did pipe up from time to time on behalf of Trump’s candidacy. We heard nary a peep from the Louisiana wannabe wunderkind Piyush Jindal after he removed himself from the Republican presidential sweepstakes last November…and no one noticed (of course they didn’t notice while he was running, either). All he did was join the board of some Texas corporation and quickly fade from memory—helping the Republican Party but crushing my book sales in the process.

Hey, Donald, here’s a heads-up. After Tuesday’s race for the U.S. Senate seat being vacated by David Vitter, there are two former U.S. Representatives who ran unsuccessfully for the upper chamber who are now unemployed.

And they both just happen to be doctors.

But how can you trump (pun intended) a Rhodes Scholar?

If James Comey wasn’t doing such a splendid job, you might even consider Louisiana State Police Superintendent Mike Edmonson to head up the FBI. Think how regal he’d look sitting behind old J. Edgar’s desk.

But while you’re at it, you may be needing a new Secretary of Immigration and Border Protection. We understand David Duke just pulled an astonishing 3 percent of the vote in that same U.S. Senate race and may be looking for something to do. And we already know the rapport he has with minorities. Why, he’d fit right in.

And while you’re at it, you may be on the lookout for someone to replace Jeh Johnson as Secretary of Homeland Security.

There’s this fellow who previously did such a stellar job running the Louisiana Office of Alcohol and Tobacco Control—into the ground. Troy Hebert did even worse than Duke, racking up a whopping .5 percent of the vote in the 24-person Senate race. That’s one-half of one damn percentage point. Imagine what he could do for Homeland Security.

He may even still have his badge from his ATC days.

Yep, Donald, if you’re looking for washed up political has-beens to lead your administration—and it appears that you are—we have a boatload of ‘em down here in Louisiana.

Take your pick.

Please.

(Apologies to Henny Youngman.)

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Colorful. Vindictive. Unorthodox. Illegal. Underhanded. Flamboyant. Egotistical. Unethical. Dishonest. Freewheeling. No holds barred. Down and dirty. Deceitful. Unprincipled. Crooked. Bombastic. Pompous. Arrogant. Self-serving. Zealous.

These are just a few adjectives (believe me, there are many, many more) used by various news reporters down through the ages to describe Louisiana politics and its practitioners.

It may not compare to the quote about U.S. Rep. Claude Pepper by George Smathers, his opponent for the U.S. Senate in Florida way back in 1951:

“Are you aware,” Smathers told a rural, largely unsophisticated gathering, “that Claude Pepper is known all over Washington as a shameless extrovert? Not only that, but this man is reliably reported to practice nepotism with his sister-in-law and he has a sister who was once a thespian in wicked New York. Worst of all, it is an established fact that Mr. Pepper, before his marriage, habitually practiced celibacy and that he and his wife matriculated together before they were married.”

But there are other ways to undercut a political opponent without ever resorting to smear tactics, half-truths, or innuendo and U.S. Rep. Charles Boustany, a Republican, may have just found a way to damage the aspirations of two of his Democratic opponents for the U.S Senate seat being vacated by David Vitter.

Besides the descriptions applied to Louisiana politics in the opening paragraph, astute politicians—particularly conservative Republicans—have allowed two other words to creep into the political lexicon: Evangelicalism and Privatization—as homage to two blocs that have gained considerable stroke in recent years: the religious right and disciples of Milton Friedman’s free market economy.

Boustany, however, also is effectively employing Subterfuge and Misdirection in the tried and true fashion of a slight of hand stage magician and no one has noticed.

Until now.

So, in light of his somewhat low-key TV ads, how is he attempting to obtain an edge through furtive means?

Two words: Joshua Pellerin.

Since 2012, Pellerin, manager of Pellerin Real Estate Holdings and of Pellerin Energy Corp., has contributed at least $8,800 to Boustany’s campaigns for the U.S. House and, since 2015, another $6,800 to his campaign for the Senate.

PELLERIN’S CONTRIBUTIONS TO BOUSTANY’S HOUSE CAMPAIGNS:

boustany-1 boustany-2 boustany-3 boustany-4 boustany-5 boustany-6

PELLERIN’S CONTRIBUTIONS TO BOUSTANY’S SENATE CAMPAIGN:

PELLERIN ENERGY GROUP, LLC SEE MEMO ITEM/ VERIFIED NON-CORPORATE/CONTRIBUTION FROM PARTNERSHIP. PARTNERS EXCEEDING REPORTING THRESHOLD ITEMIZED AS MEMOS. LAFAYETTE LA 70503 08/06/2015 $1,000
PELLERIN ENERGY GROUP, LLC SEE MEMO ITEM/ VERIFIED NON-CORPORATE LAFAYETTE LA 70503 10/20/2015 $500 X
PELLERIN ENERGY GROUP, LLC SEE MEMO ITEM/ VERIFIED NON-CORPORATE LAFAYETTE LA 70503 08/06/2015 $1,000 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER SEE MEMO ITEM/ VERIFIED NON-CORPORATE/PARTNERSHIP ITEMIZATION MEMO BROUSSARD LA 70518 08/06/2015 $900 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER SEE MEMO ITEM/ VERIFIED NON-CORPORATE/PARTNERSHIP ITEMIZATION MEMO BROUSSARD LA 70518 08/06/2015 $100 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER [MEMO ITEM] PARTNERSHIP: PELLERIN ENERGY GROUP, LLC BROUSSARD LA 70518 10/20/2015 $500 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER [MEMO ITEM] PARTNERSHIP: PELLERIN ENERGY GROUP, LLC BROUSSARD LA 70518 08/06/2015 $900 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER [MEMO ITEM] PARTNERSHIP: PELLERIN ENERGY GROUP, LLC BROUSSARD LA 70518 08/06/2015 $100 X
PELLERIN, JOSHUA PELLERIN ENERGY GROUP, LLC OWNER BROUSSARD LA 70518 02/09/2015 $2,600

Pellerin also is the former manager of Preventive Vascular Screenings, LLC, and Pellerin Imaging Group, LLC.

Boustany is a cardiovascular surgeon, which makes the connection between the two men logical and explains why Pellerin would give financial support to Boustany’s campaigns for the U.S. House and now the U.S. Senate.

Wait. The U.S. Senate?

If you scroll down the list of the 24 candidates vying for the U.S. Senate, you will see that number 21 on that list (they’re in alphabetical order) is none other than Democrat Joshua Pellerin.

So we have a Democratic candidate for the U.S. Senate contributing $5,600 to the campaign of one of his leading opponents for the position—a Republican, no less.

That doesn’t make any since.

Unless….

Unless Pellerin is a “dummy” candidate inserted into the race in an effort to draw votes away from fellow Democrats—Public Service Commissioner Foster Campbell and Caroline Fayard.

So who is the “dummy” candidate on the Republican side to draw votes from Boustany’s biggest challenger, fellow physician and Republican U.S. Rep. John Fleming? Why, that would be none other than the ultimate dummy, David Duke. Fleming and Duke are battling for much of the same constituency—the Trumpers—and while Duke is destined to finish near the bottom, Fleming’s biggest hope is to pull enough votes from the former high potentate, imperial wizard, exalted grand sovereign (or whatever they call themselves these days) to sneak into the runoff.

It certainly wouldn’t be the first time such a dummy candidate has been propped up to split an opponent’s vote. There were rumors, denied by Edwin Edwards, that he had his supporters contribute to the campaign of Tea Party Republican Lenar Whitney two years ago in an attempt to boost her into the runoff which would have greased the skids for him to waltz into Congress. If true, it didn’t work as Garrett Graves ran a strong second to Edwards in the crowded primary and then easily defeated the former governor in the runoff.

The biggest problem facing Boustany is getting Pellerin’s name out there before a sufficient number of Democrat voters. For his part, Pellerin, who has amassed a war chest of only about $300,000 (as opposed to more than $4.3 million in contributions to Boustany), has been making the rounds of Democratic forums in South Louisiana.

With only three weeks before the Nov. 8 election and with such a meager bank account (much of which was contributed by several physicians in the Lafayette area), Pellerin’s best hope to gain name recognition will be those public forums. And with so few Louisiana voters inclined to vote for Democrats these days, it won’t take much chipping at the Campbell-Fayard base to deal crippling blows to their campaigns.

And typical for Louisiana, all it may take is a dummy.

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Republican U.S. Rep. Charles Boustany apparently moved back to Louisiana for crawfish and now does his best to ignore a new book with a spectacular claim that he was somehow tied to prostitutes murdered in Jefferson Davis Parish (he is suing the author and publisher over that story).

Republican U.S. Rep. John Fleming is running TV ads proudly tying his agenda to that of Donald Trump (though Fleming may now wish to put distance between him and the GOP presidential nominee in light of the release of a recording of Trump’s recent conversation about women).

Democrat Public Service Commissioner Foster Campbell is opting for his “straight talk” TV ads, lashing out at fellow Democrat Caroline Fayard as never having held office and that she “wants to start at the top.”

Republican State Treasurer John Kennedy would “rather drink weed killer.”

Independent former state Alcohol and Tobacco Control Director Troy Hebert just wants to sue somebody.

Absent in all the white noise are any real solutions to problems the nation faces—such as rotting infrastructure, jobs, education, climate change, and closing the racial and economic gaps that continue to divide the country.

And then there is that mysterious ESAFund.com TV ad that attacks both Boustany and Fleming.

The ad blasts Fleming for living in a “million-dollar mansion” in the Washington area and Boustany for getting rich while in Congress and for voting for a pay raise for himself.

Well, as it happens, both Boustany and Fleming are physicians so they probably are rich and likely can afford to live where they choose.

As for Boustany’s “vote” to raise his pay, that claim is downright misleading—and inaccurate.

The fact is, in 1989 Congress passed an obscure bill designed to allow them to avoid the stigma of voting for pay raises. The way it works is if there is no vote specifically not to raise congressional salaries, the pay raise kicks in automatically. Cute.

Accordingly, members of Congress do not vote for pay raises—because they don’t have to—and any claim to the contrary is simply untrue. http://www.politifact.com/florida/article/2011/nov/23/truth-about-congressional-pay-raises/

So, just who is this ESAFund that is behind this attack ad?

Well, it is, of course, a super Pac and it has already spent $5.5 million on the 2016 federal elections, including the ad currently being run in Louisiana. https://www.opensecrets.org/outsidespending/detail.php?cmte=C00489856

Officially known as Ending Spending Action Fund, it claims to be “an independent organization that proudly supports candidates regardless of party affiliation who favor enhancing free enterprise, reducing the size of government, and balancing our nation’s budget.” http://esafund.com/

All of which sounds awfully close to the Tea Party’s platform except ESAFund and the Tea Party often find themselves supporting opposing candidates as in Kansas’ First Congressional District. http://thehill.com/blogs/ballot-box/house-races/289027-conservative-allies-on-opposite-sides-in-gop-primary-fight

Perhaps the biggest irony of ESAFund is that it is a super PAC that is campaigning to end Citizens United, the 2010 U.S. Supreme Court decision that opened the floodgates for super PAC spending in political campaigns. http://endcitizensunited.org/ending-spending-action-fund/

And while the current ad blitz goes out of its way to slam Boustany and Fleming, who, coincidentally, are near the top in most polls, it is careful not to attach its own candidate’s name to the ad. That’s because super PACs are limited as to their direct involvement in the campaigns of individual candidates.

A quick glance at recent history, however, reveals an undeniable link to Kennedy’s campaign. In fact, when former Kennedy top aide Jason Redmond shut down his own Super Pac, Make Louisiana Proud, in July of this year, about $120,000 of its cash and in-kind funds were transferred to ESAFund and ESAFund reciprocated by officially endorsing Kennedy.

https://lapolitics.com/2016/07/super-pac-bows-out-of-senate-race/

All of which makes sense. Kennedy, who once seemed to have an insurmountable lead, has seen his support slipping. That should come as no surprise, given the political heavyweights who are also seeking the Senate seat being vacated by David Vitter.

With other candidates hitting the airwaves with their ads, it was inevitable that Kennedy would see some of his support being drained away, especially given his original decision not to advertise until after the general election. That obviously has changed and Kennedy has begun his own TV ad campaign.

A super PAC is freed from restrictions imposed upon traditional campaign committees so long as it:

Neither gives money directly to a candidate or other political committees that give directly to candidates, and

It does not coordinate how it spends its money with a federal candidate.

https://sunlightfoundation.com/blog/2012/01/31/nine-things-you-need-know-about-super-pacs/

Here is a list of  http://esafund.com/candidates/ endorsed by ESA.

So, while the ESAFund ad attempts to sound principled, and with no attempt here to defend Boustany or Fleming, it still is an attack ad and nothing more.

Before accepting any ad, especially those employing actors posing as concerned Louisiana citizens who almost certainly are not residents of this state (who knows where they actually reside and vote?), remember the number one rule:

Follow the money.

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On Thursday (Feb. 25), we posted a story that contained several news developments. Those included the approval of the one-cent sales tax, Moody’s downgrade of the state’s credit and the announcement of Public Service Commissioner Foster Campbell’s entry into the race for the U.S. Senate seat now held by retiring Sen. David Vitter.

Also mentioned in passing was the call we received from someone conducting a so-called “independent poll” about the upcoming Senate race.

We bracketed the term “independent poll” with quotation marks because it took only a few questions from the “pollster” to realize the questions were quite obviously written on behalf of—and possibly even by—U.S. Rep. John Fleming, the good doctor/UPS store/Subway sandwich shop/payday loan entrepreneur from Minden.

Unfortunately, that is the way virtually all polls commissioned by candidates are conducted: loaded questions intended to steer the respondent’s answers in a certain direction so as to enable the candidate to release the “results” that put him or her in a favorable light.

With Fleming, however, it is more than a little difficult to put him in a favorable light. He is just that repulsive and his candidacy for Senate could well be a blessing in disguise. Should he lose—and at the moment, State Treasurer John Kennedy would appear to be the clear favorite—then the state will be rid of what one blogger called “today’s most hateful Republican stooge.”

http://downwithtyranny.blogspot.com/2009/09/todays-most-hateful-republican-stooge.html

Should Kennedy or any of the other half-dozen or so candidates win, then Fleming can go back to selling foot-longs.

It’s bad enough that Fleming pulled down more than $5 million in 2008 the year he was first elected, but he did so while refusing to contribute to the health care of most of his 500 employees. The precious few who did qualify were forced to pay a $3,300 deductible.

A couple of years ago, Fleming was critical of LouisianaVoice for what he perceived as our position of favoring “redistribution of wealth.” We responded that the only “redistribution of wealth we were able to document was the upward flow of wealth to Wall Street, pharmaceutical companies and big oil and gas. It was at that point that Fleming did what he does best: he blocked us from further correspondence on Facebook. So much for public discourse and accountability to the electorate (yes, we are aware we don’t vote in his district, but he habitually does the same thing to his constituents).

We also wrote about his payday loan company. Payday loan companies, which, by the way, our wonderful legislature has refused to rein in, feed on low-income, unsophisticated citizens by charging impossibly high interest rates that only perpetuate the problem of recurring, increasingly high debt for those struggling to survive. (That same legislature has exacerbated the problem by repeatedly refusing to increase the minimum wage in Louisiana.)

It was at that point that his mouthpiece, aka public relations flak, contacted us, asking if we would print a retraction to the story about his payday loan company, which the mouthpiece claimed was a corporation set up solely for Fleming’s employees (that’s nice, pay low salaries and then take the money back via high interest loans).

Our response was that we would be happy to print a retraction if (a) he could prove the story was untrue and (b) he would reveal to us how many medical malpractice lawsuits had been filed against Fleming’s medical practice.

We never heard from him again.

But back to that poll:

The questions were couched in such a way as to make every other candidate (except for Campbell who at the time, had not announced as a candidate) look like some type of evil predator bent on devouring the livers of the electorate. For instance, were aware that John Kennedy was a Democrat who supported John Kerry for President (in 2004) but later switched to Republican?

Wow! That’s a real killer.

How do you feel about John Fleming, who despite humble beginnings, brought himself up by his bootstraps to become a successful businessman who founded several businesses and who was a successful physician?

Short answer: “He’s an idiot.”

And “even though there has never been a Supreme Court Justice appointed in an election year…..”

Whoa. Hold it right there, lady. That’s a lie.

Nonplussed, she soldiered on: “President Obama intends to fill the vacancy…”

Not true. There have been six Supreme Court justices confirmed during a presidential election year since 1900—two by Nixon, one each by Herbert Hoover, Franklin Roosevelt, Gerald Ford and Ronald Reagan. http://www.vox.com/2016/2/15/10998836/supreme-court-nomination-election-year

Okay, Lewis Powell and William Rehnquist were actually confirmed in December of 1971—a couple of weeks shy of the actual calendar election year, but well within the 12 months leading up to the election. Same for the confirmation of Ford’s nominee John Paul Stevens (December 1975). But Anthony Kennedy, Reagan’s nominee, was confirmed in February of 1988.

Going back a tad further, Franklin Roosevelt nominated Frank Murphy who was confirmed in January of 1940 and Herbert Hoover nominated Benjamin Cardozo who was confirmed in February of 1932.

Let me ask you a question, Ms. Pollster: How do you feel about Fleming’s apparent willingness to tell an outright whopper just for the purpose of obtaining a favorable (to him) answer to a poll question?

For that matter, how do you feel about Fleming’s consistently voting against working families even though he represents a district where the median income is only about $35,000 per year?

  • He opposed a bill whereby small businesses with 25 employees or fewer with wages of less than $40,000 would qualify for tax credits of up to 50 percent of the costs of providing health insurance. (Of course, he favored tax credits for the wealthy and for big corporations).
  • He opposed help for seniors with drug costs in the Part D donut hole that would have cut the costs of brand name drugs by 50 percent and which would have eventually eliminated the donut hole altogether.
  • One of his first votes in Congress was to oppose SCHIP, the proposal to provide medical insurance to 11 million needy children. (Fortunately, that bill passed by a huge margin of 290-135.

So there. Take your little poll and stick it in the same place where Fleming’s head resides.

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Thursday (Feb. 25) was an unusually big day in politics, even by Louisiana standards.

The big news in Baton Rouge on Thursday was House passage of Gov. John Bel Edwards’ one-cent sales tax (minus the assessment on manufacturing) but the action was quickly overshadowed by a credit rating downgrade by Moody’s. http://theadvocate.com/news/14993547-79/moodys-downgrades-louisianas-credit-rating

The state also received a “negative outlook” from Moody’s, meaning the state could be downgraded again.

Coupled with the sales passage, which must now go to the Senate for a vote, was additional cuts of $100 million in state spending and the taking of $128 million from the rainy day fund. With the $60 million already cut by the Edwards administration, Thursday’s action will make up about $700 million of the $900 million needed by the end of the current fiscal year on June 30.

The downgrade was the first for the state since Hurricane Katrina and the lower rating means when borrowing money, the state will have to pay higher interest rates.

And just to add a touch of spice to an already politically volatile state, Public Service Commissioner Foster Campbell announced on the Jim Engster Show on Thursday that he will be a candidate for the U.S. Senate seat being vacated by Sen. David Vitter. http://www.jimengster.com/

Campbell, an outspoken PSC member and a former state senator, is the second Democrat to enter the already crowded field of senatorial hopefuls. So far, U.S. Reps. Charles Boustany, Jr. of the state’s 3rd Congressional District and John Fleming of the 4th District, State Treasurer John Kennedy and U.S. Air Force veteran Rob Maness, all Republicans, a second Democrat, New Orleans attorney Caroline Fayard, and, of course, the former director of Louisiana Alcohol and Tobacco Control, the inimitable Troy Hebert, an Independent.

A debate between all the candidates could be reminiscent of the early debates between the 17 original candidates for the Republican president nomination—but without the charm, sparkle and depth of Ted Cruz and Donald Trump, a lot less fun.

Maness was an unsuccessful candidate for the U.S. Senate seat won by Bill Cassidy in 2014 and Fayard was defeated in a special election for lieutenant governor in 2010 by Jay Dardenne.

Campbell, something of a throwback to the populist candidates of another era, is outspoken on issues, particularly with utility companies and the oil and gas industry, and while in the State Senate, he crossed party lines to lend strong support to then-Gov. Dave Treen’s proposed Coastal Wetlands Environmental Levy (CWEL), a $450 million tax on petroleum and natural gas. Campbell today says had CWEL passed, the state would not be in the financial bind in which it now finds itself. But strong opposition by LABI and the oil and gas lobby defeated the proposal.

In a related but relative minor matter, LouisianaVoice received one of those “independent political polls” that was so obviously commissioned by Rep. Fleming that it may as well have been conducted by the good congressman himself.

The questions were prefaced by glowing stories of Fleming’s humble background and how he pulled himself by the bootstraps to not only become a doctor but to establish “numerous businesses,” one of which just happened to be a payday loan company that preys on low-income citizens, hooking them for exorbitant interest rates.

At the same time, the pollster, a woman, set up other questions about the other candidates with disparaging background stories on Boustany, Fayard and Kennedy (Maness was omitted, possibly in deference to his military service) that stopped just short of labeling them as subversives. Also omitted from the verbal flogging was Campbell, obviously only because he was not a declared candidate at the time Fleming wrote the questions for the poll.

Louisiana’s credit rating was not changed by Fitch and Standard & Poor’s, the other two major financial rating agencies.

But Moody’s move, dropping the state from Aa2 to Aa3 leaves Louisiana with better credit ratings than just two other states, New Jersey and Illinois. The downgrade will be applied to the state’s general obligation bonds and gas and fuel tax bonds. That means in turn that when the state issues bonds to finance construction projects such as roads and public buildings, it will have to pay higher interest rates on the borrowed money.

The move came as a surprise as most observers, including Kennedy, though Moody’s would wait until the Legislature completed the current special session, which is scheduled to end March 9.

Kennedy used the downgrade to take shots at both Bobby Jindal and Gov. Edwards. “You can’t spend more taxpayer money than you take in for seven years in a row and not expect a downgrade to your credit rating,” Kennedy said. “You also can’t make public statements about suspending TOPS, ending LSU football, closing Nicholls State University and closing five prisons without scaring the daylights out of the credit rating agencies that grade our debt and the institutional investors that buy our debt. What we tell our children is true: Acts have consequences.” http://theadvocate.com/news/14993547-79/moodys-downgrades-louisianas-credit-rating#comments

Edwards, meanwhile, blamed the downgrade on the seven years of patchwork budgeting by the Jindal administration, calling it “a disappointing development, particularly since we believed that Moody’s would wait until the conclusion of the special session to make any decision on our rating. Unfortunately, the downgrade confirms what we’ve been saying about the structural imbalance of our budget. The overuse and abuses of one-time money and fund sweeps by the Jindal Administration were a major factor in this decision.”

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