InvestorsHub Logo
Followers 0
Posts 75440
Boards Moderated 6
Alias Born 05/24/2005

Re: None

Friday, 06/11/2010 7:56:13 PM

Friday, June 11, 2010 7:56:13 PM

Post# of 364
TURNCOAT CARVILE endorses Gov.Jindal for President:

Somehow the Muckrakers: John King, Anderson Cooper at CNN somehow missed this


JINDAL!!! He's only spent $3M of $25M BP grant!!!
The media won't cover this little fact...



Gautreaux and Chabert Stand Up For Terrebonne
BP has given the State of Louisiana $25M in grant money to diffuse the costs of spill related expenses. On Thursday, members of Louisiana's coastal legislative delegation were informed a mere $3M of the $25M has been spent. BP has also created a grant to promote tourism attractions threatened by the spill. There are a few things going on here; but the one thing missing is aid to our coastal parishes. What is going on with this money?

Senator Butch Gautreaux, D-Morgan City asked the same question. The Times-Picayune quoted Gautreax saying, "Why is Governor Jindal holding on to that money? I think he needs to explain." While Jindal is not quoted as having responded to the Senator's question, his spokesperson Melissa Sellers had quite a bit to say: "Working directly with BP is the best way to ensure that parishes are paid quickly," she said. "We stay in constant communication with parish leaders every day to ensure their needs are met, and we have told BP and the Coast Guard that we expect them to directly work with parishes to fund their expenses in order to reduce the amount of time for approving their requests." Sellers states that the Jindal Administration is in "constant communication" with parish leaders, yet goes on to say that BP officials have agreed to contact parish officials to address additional financial needs.

BP has already given the State of Louisiana $25M for oil clean-up expenses and communicates with coastal parish leaders on a daily basis. Now members of our legislative delegation are requesting portions of that money be transferred to affected parishes. Even though Louisiana has possession of the funds, the state's response is to contact BP. It seems abundantly clear that the State of Louisiana has no intention of handing over any of that money to Terrebonne Parish. Senator Chabert, D-Houma, was also present at the meeting with BP officials. Senator Chabert expressed frustration with the immediate availability of funds, saying, "They want to do so much, whether it's a big project or a small project, but they are frustrated because the money they need isn't being afforded them in a timely fashion."

Gautreaux and Chabert are doing everything they can to streamline these funds to coastal parishes, but the State of Louisiana seems to want to keep these funds. $5M of the $25M BP gave Louisiana was transferred to the Louisiana State Attorney General's Office. These funds are being used to help offset the cost of litigation against BP although the Louisiana Attorney General's Office has yet to identify who they will be filing suit against or when the suit would be filed. In the meantime, coastal parishes will get none of those funds from BP.

Louisiana has every reason for filing suit against BP, but why are we not using those funds to help mitigate the very losses we intend to file suit and seek damages for? Terrebonne Parish has 65 miles of coastal frontage and the state has decided to keep that money for themselves. Voice of Terrebonne is extremely satisfied to see our local legislators fighting to voice our concerns. We encourage citizens to visit the Our Action page and write, email, or call other local officials to voice your concerns on this issue. Change will only begin when citizens stop accepting second-class status and start demanding first-class efforts.



Post Date: 06-03-2010 ·
http://www.voiceofterrebonne.com/story-stand.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.