Posted on 11/01/2007 11:17:15 PM PDT by balch3
Speaking to a national audience for the first time as Louisiana governor-elect, Republican Bobby Jindal downplayed the historical significance of his primary victory and instead emphasized the state's continued needs for federal aid to bolster hurricane recovery and coastal restoration.
Jindal told Chris Wallace, the host of Fox News Sunday, that the federal government has a "moral obligation" to fulfill the promise of aid that President Bush, one of Jindal's fellow Republicans, delivered in a national address broadcast from Jackson Square in the days after Hurricane Katrina.
And Jindal noted the support that Democratic congressional leaders already have voiced for granting more federal money to ensure that the deficit-bound Road Home program does not leave homeowners without compensation.
"I think it would be better for the administration to be proactive about this instead of being forced to do what I think is right," said Jindal, who will take office Jan. 14.
The governor-elect expressed the same sentiments Friday standing alongside outgoing Gov. Kathleen Blanco, a
(Excerpt) Read more at blog.nola.com ...
He had better get LA in the bread line first if Charles Merrill of the Merrill/Lynch family is correct:
November 01, 2007
This Merrill Sees a Crash
While opinions about which way the stock market is headed are a dime a dozen, I have to admit that my interest was piqued when I clicked on the link to the following press release (it was forward to me by a reader of the Financial Armageddon blog):
“Charles Merrill Fears Market Crash”
PALM SPRINGS, Calif., Oct. 30 /PRNewswire/ — Fearing a stock market crash worse than 1929, Charles Merrill (http://www.merrillcharles.com) of Palm Springs, cousin to the founder of the Merrill/Lynch dynasty, is quickly converting to gold coins.
“Merrill Lynch is crashing, due to the ineptness of the CEO. No matter who is running Merrill Lynch & Co., it’s going to need a regimen of restraint and recuperation after getting badly bruised by the global credit market shakeout. I predict a house of dominos, and the whole stock market is going to crash,” stated Merrill.
The world’s largest brokerage took a $7.9 billion writedown for subprime mortgages and asset-backed bonds whose values went sour. Many on Wall Street believe there’s more where that came from - maybe another $4 billion - and Merrill Lynch’s leadership will need to reduce risk and rebuild morale among its ranks.
Merrill stated in a Palm Springs interview with Michael L. Grace (http://www.michaellgrace.com), “There is going to be a major stock market crash, so protect your assets. Buy physical gold and hide it.”
I called “Bobby” out on being a RINO a month ago when he said he would vote to override the Bush S-CHIP’s Veto.
If the government said that they were going to do something, then they do have an obligation to fulfill it, RINO or not.
“If the government said that they were going to do something, then they do have an obligation to fulfill it, RINO or not.”
Why is that? Can’t they change their mind?
Funds have been promised and probly appropriated and need to be delivered...
How he uses these funds is the key...
I for one will give him a chance...
Nah, he’s no RINO. Sheesh, the definition of RINO gets dumbed down further every week around here. The guy had an lifetime ACU rating of 96! He’s the governor now, and his job is to get as much loot for his state as he can. Big deal. It’s expected.
Ugh. How many billions have we poured into this toilet?
You mean the Federal Govt should become “Indian giver” to
a governor of India ancestry?
Common, don’t be a tight wad. We Americans take pride in helping those in distress for NO FAULT of their own. Louisiana did not invite Katrina. You have to see the devastation at first hand to appreciate the catastrophe in New Orleans.
Why do they think they due compensation?
****We Americans take pride in helping those in distress for NO FAULT of their own.****
So I can get rid of my insurance and depend on the government for any problems? My stocks are going down right now, through no fault of my own, where is Uncle Sam?
“Why do they think they due compensation?”
CORPS CHIEF ADMITS TO DESIGN ‘FAILURE’
Thursday, April 06, 2006
By Bill Walsh
Washington bureau
WASHINGTON — In the closest thing yet to a mea culpa, the commander of the Army Corps of Engineers acknowledged Wednesday that a “design failure” led to the breach of the 17th Street Canal levee that flooded much of the city during Hurricane Katrina.
Lt. Gen. Carl Strock told a Senate committee that the corps neglected to consider the possibility that floodwalls atop the 17th Street Canal levee would lurch away from their footings under significant water pressure and eat away at the earthen barriers below.
“We did not account for that occurring,” Strock said after the Senate Appropriations subcommittee hearing. “It could be called a design failure.”
http://www.nola.com/frontpage/t-p/index.ssf?/base/news-5/1144306231230500.xml
CORPS TAKES BLAME FOR KATRINA FLOODING
By CAIN BURDEAU
The Associated Press
Friday, June 2, 2006; 8:43 AM
NEW ORLEANS — A contrite U.S. Army Corps of Engineers took responsibility Thursday for the flooding of New Orleans by Hurricane Katrina and said the levees failed because they were built in a disjointed fashion using outdated data.
“This is the first time that the Corps has had to stand up and say, `We’ve had a catastrophic failure,’” Lt. Gen. Carl Strock, the Corps chief, said as the agency issued a 6,000-page-plus report on the disaster on Day 1 of the new hurricane season.
http://www.washingtonpost.com/wp-dyn/content/article/2006/06/02/AR2006060200466.html
And I guess that means a mortgage free home for everyone who lives there or wants to live there whether they had a home or not before the storm.
All built below sea level no less......
~ Ugh. How many billions have we poured into this toilet? ~
Needs repeating.
“~ Ugh. How many billions have we poured into this toilet?” ~
Five states that were impacted by 3 hurricanes in 2005 shared nearly $130 billion.
The hurricanes were, Wilma, Katrina and Rita. The states involved include, Florida, Alabama, Mississippi,Louisiana, and Texas. Of those states, Louisiana experienced damage from both Katrina and Rita. Louisiana has or will receive part of that money, not all of it.
Here is a government report that outlines how the money is being dispersed.
http://www.whitehouse.gov/infocus/katrina/
As I said after he was elected, “Wait and see.”
The rapist who SOLD (for a few shekels of silver) missile-guidance technology to the ChiCom became governor of Arkansas as a pro-life conservative.
You don’t think there are other things he could focus on in his first months as a national figure? Instead, he goes running to the feds demanding his handout.
He should be working on getting his own house in order.
I’m sorry, after I posted I realized that you were not the one who posted the original comment. Please forgive my error.
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