Started By
Message

re: New Orleans may run out of money soon

Posted on 8/4/26 at 7:15 pm to
Posted by Bourre
Da Parish
Member since Nov 2012
24337 posts
Posted on 8/4/26 at 7:15 pm to
quote:

Landry started the pissing match.


You lie with such ease. You are definitely unstable mentally
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
84050 posts
Posted on 8/4/26 at 7:27 pm to
NOLA needs to de-annex New Orleans East.
Posted by CleverUserName
Member since Oct 2016
18243 posts
Posted on 8/4/26 at 7:39 pm to
quote:

They seem to have a handle on it.


So what's the issue then?
Posted by jimmy the leg
Member since Aug 2007
45396 posts
Posted on 8/4/26 at 8:29 pm to
You are dumb.
Posted by jimmy the leg
Member since Aug 2007
45396 posts
Posted on 8/4/26 at 8:29 pm to
quote:

Landry started the pissing match.


You are a dumb, lying shitbag.
Posted by jimmy the leg
Member since Aug 2007
45396 posts
Posted on 8/4/26 at 8:33 pm to
quote:

according to the state legislative auditor, being better run and overall fine


That is not what he said.

He said that despite attempting to manage the circumstances, the city STILL will have to cut costs AND restrict / remove services.

You really are a lying shitbag to attempt to put forth your bullshite narrative.

Go back to DU along with the other goose-steppers.
Posted by kayjay
Baton Rouge
Member since Dec 2007
855 posts
Posted on 8/4/26 at 9:21 pm to
When did they ever have money? Democrat city. What would you expect?
This post was edited on 8/4/26 at 9:25 pm
Posted by Sweep Da Leg
Member since Sep 2013
4758 posts
Posted on 8/4/26 at 9:30 pm to
Holy hell you’re stupid. That’s not what he said or meant. Are you 4cubbies alter
Posted by Big EZ Tiger
Member since Jul 2010
27184 posts
Posted on 8/4/26 at 9:42 pm to
What does it matter? Even when New Orleans "has" money, they blow it between the scumbag politicians and their buddies and fix nothing in the city.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
59175 posts
Posted on 8/4/26 at 10:21 pm to
WAIT A SECOND!!!!

HOW can city move bonds to general fund?

Bonds have a stated purpose and if you use funds for something other than the stated projects, the bondholders can sue and recover.
Posted by Lickitty Split
Inside
Member since Apr 2017
4200 posts
Posted on 8/4/26 at 10:22 pm to
Didn’t the state help New Orleans by cutting redundant and duplicate positions. Sounds like they need a little more help with that.
Posted by Mariner
Mandeville, LA
Member since Jul 2009
2722 posts
Posted on 8/4/26 at 10:28 pm to
quote:

Just a complete shithole. Once a great place....now a chocolate disaster


Having grown up there and not branching out into the world until I started grad school, I was blind to all the issues.

Visiting so many places and not living there for 18+ years put things in a different perspective for me.

Went to the aquarium over the weekend. It was depressing. Saks shut down. The refurbished aquarium was a letdown. Discolored buildings, broken sidewalks, people looking like they just got out of bed and are on their way to brush their teeth. Nothing fresh and bright to be seen.

I'm having lunch and I see a prop plane flying around downtown with a personal injury law firm advertisement. Surely that will attract new businesses to relocate to the region.
Posted by cornerstore
Member since Jul 2024
2208 posts
Posted on 8/4/26 at 11:19 pm to
Maybe this will force our new absolute moron of a mayoress to finally fire some of the retard city employees and clean out the fricking bums. Wishful thinking I know
Posted by Dizz
Member since May 2008
16259 posts
Posted on 8/4/26 at 11:55 pm to
quote:

Still don't know why Landry is playing this game with Moreno and preventing her from issuing bonds.So the Governor wants to ensure that the place becomes a shithole


It's pretty clear Landry wants to eventually claim that he saved New Orleans.
Posted by BrianKellysbuyout
Member since Nov 2025
2295 posts
Posted on 8/5/26 at 2:49 am to
Id love to lay this all at Moreno's feet, but that city has been mismanaged for decades. She was on the council, so she gets her share of the blame, but it's not all her fault.
Posted by CleverUserName
Member since Oct 2016
18243 posts
Posted on 8/5/26 at 4:38 am to
quote:

Bonds have a stated purpose and if you use funds for something other than the stated projects, the bondholders can sue and recover.


And then, to explain why there is hesitation to letting them issue them... guess who would have to be on the hook when that happens or the city ultimately defaulted on them? Thats right. The state would have to step in.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13569 posts
Posted on 8/5/26 at 4:42 am to
quote:

I think the money they are trying to rob from is Katrina funds from 20+ years ago that still isnt spent!!


I have heard some of my local politicians as they gripe about spending some Ida Recovery dollars that local governments have to front the money and build it first before they can see the reimbursement from the feds following their specifications. Then if you build it and something changes, it could get rejected until it is corrected. Adding to the cost of the project, and interest if you bonded the money out.

So New Orleans could have 1.7 billion in recovery dollars for projects but it is not money in their bank account where they could collect interest. They have to spend the 1.7 billion first which they don’t have or have the bonding capacity to do so, this money stays waiting to be spent by the Feds until it finally expires.
Posted by ulmtiger
Member since Jan 2008
2559 posts
Posted on 8/5/26 at 5:16 am to
I thought New Orleans was suppose to be the economic engine of the State but it wants money from us country folks to run their city. It’s beyond time for the City of New Orleans to support itself. Didn’t their past Mayor go on big trips and steal money. Maybe they should be mad at who the elected
Posted by CleverUserName
Member since Oct 2016
18243 posts
Posted on 8/5/26 at 5:28 am to
quote:

Landry started the pissing match.


What an absolute and total fail of a post. Yes. Let's get mad at the governor for keeping New Orleans... well ultimately LA residents... from paying millions of interest just to keep the lights on.

It's the city that did this to themselves. Now it's time for the uncomfortable belt tightening that comes with the "you got what you voted for" stage.
Posted by KemoSabe65
70605
Member since Mar 2018
7662 posts
Posted on 8/5/26 at 6:22 am to
The word be “Austerity”
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