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re: With the SpaceX news, Historically what are some of Louisianas biggest missed investments?

Posted on 8/27/26 at 4:37 pm to
Posted by Strannix
C.S.A.
Member since Dec 2012
54243 posts
Posted on 8/27/26 at 4:37 pm to
quote:

don’t understand how we aren’t a smaller version of Texas tbh


All the Haynesville operators just suck all the money out to Dallas
Posted by Shorts Guy
BR
Member since Dec 2023
1008 posts
Posted on 8/27/26 at 4:44 pm to
quote:

But also alot of oil executives just didn't like business culture of New Orleans.


The late 80s/early 90’s also happened to coincide with growing crime in the CBD. That definitely didn’t help with perception.
Posted by Shorts Guy
BR
Member since Dec 2023
1008 posts
Posted on 8/27/26 at 4:49 pm to
quote:

Biggest downside was no one wanted to work together


This has historically been the biggest issue in Louisiana. It’s what killed the Baton Rouge loop. One big fish enjoying his small pond starts feeling threatened and pretty soon the whole deal gets torpedoed. But they keep electing them.
Posted by BZ504
Texas
Member since Oct 2005
14116 posts
Posted on 8/27/26 at 5:13 pm to
One fairly recent one was when JBE lost ExxonMobil plant that would have went to Morgan City to Corpus Christi, TX.

For Louisiana, I hope SpaceX takes off, but the state has some idiots in it and might scare Elon away.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
11966 posts
Posted on 8/27/26 at 5:18 pm to
The French Quarter. The locals are letting it get destroyed with who they elect.
Posted by Death Before Disco
Member since Dec 2009
6463 posts
Posted on 8/27/26 at 6:17 pm to
This post was edited on 8/27/26 at 6:18 pm
Posted by Jim Rockford
Member since May 2011
106149 posts
Posted on 8/27/26 at 6:24 pm to
A guy from Louisiana was one of the big movers behind Branson when it was blowing up as a tourist destination. He tried to do the same thing here but couldn't get any backing from the state or private investors.
Posted by Traffic Circle
Down the Rabbit Hole
Member since Nov 2013
5142 posts
Posted on 8/27/26 at 6:29 pm to
quote:

In May 2003, the company agreed to a deal to be headquartered in Baton Rouge, temporarily at the Louisiana Public Broadcasting's studios. Meanwhile, a permanent facility would be constructed at the Bon Carré Business Park.[8] As a part of the deal, the state would take less than 10% equity stake in the company and grant 15 year tax credits.


Nancy Kerrigan’s husband’s ’football network’ receives tax credits

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