Government Relations

In late July of last year, I provided an analysis of the tools the Federal Reserve was proposing it might use to facilitate an exit from the substantial amount of bank reserve creation (and resultant balance sheet expansion) since September 2008 (http://financialsense.com/fsu/editorials/2009/0729a.html). Also discussed were some of the problems I felt the Fed would encounter when attempting to execute a real exit. Months later, despite Bernanke's recent press release concerning the Fed's exit strategy, the Fed has not offered anything substantially new.

Congressman says Louisiana needs a different approach

(Napoleonville, LA) Today, U.S. Representative Charlie Melançon (University of Louisiana, '72) announced that he will run to replace U.S. Senator David Vitter. Melançon made his announcement in an internet video emailed to his supporters in Louisiana.

Despite heavy lobbying by colleges and their supporters, the Louisiana House of Representatives overwhelmingly rejected a delay in tax rollbacks to restore some of higher education's funding. A list of Legislators and their votes follow.

Louisiana's budget has shrunk drastically, and state government must make cuts. What should higher education's share of the cuts be?

Senate Bill 335 could restore some of the funding for higher education. But the fight is not over.

A new survey conducted by Southern Media & Opinion Research, Inc. polled Louisiana voters on key issues including the economy, education, state funding and elected official performance.

...on the Way to the Capital. We found out that our Governor's Office may not be all that interested in our Government.

Portrait will hang in the music building named for Legislator Robert Angelle.