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Wall Street Journal Editorial Board: Louisiana, The Trial Lawyer State, under JBE
Posted on 11/8/19 at 9:00 pm
Posted on 11/8/19 at 9:00 pm
quote:
quote:
John Bel Edwards has encouraged lawsuits that have cost jobs.
quote:
The new Governor persuaded his Republican Legislature to raise the state sales tax to shore up the budget and expand Medicaid. Louisiana’s average state-local sales tax rate has risen to 9.45%, among the highest in the country, and its business tax climate has sunk to 10th worst in the country from 14th, according to the Tax Foundation. Employment has fallen by a net 5,000 jobs in Mr. Bel Edwards’ term.
Oil production has declined by nearly a quarter since January 2016 while increasing in most energy-rich states and on federal land in the Gulf of Mexico. Natural gas withdrawals have returned to 2012 levels thanks to a new liquefied-natural-gas export terminal. But industries downstream from energy such as manufacturing, utilities and construction are hurting.
One reason is that Mr. Bel Edwards, a former trial attorney, has spent four years trying to wring more money out of energy producers. In November 2013, two coastal jurisdictions sued oil and gas companies for coastal erosion that was largely caused by levies on the Mississippi River and natural forces. After getting elected, Mr. Bel Edwards joined the raid.
Front-running the lawsuits were trial attorneys at Talbot, Carmouche & Marcello, which raised $2 million for a super PAC supporting the Governor’s election and $640,000 for his re-election. Mr. Bel Edwards has demanded that energy producers pay billions of dollars for coastal restoration.
A new study by the Pelican Institute comparing offshore drilling on state and federal land in the Gulf finds the lawsuits have scared off producers. Oil and gas employment declined by 2,000 in the six months after the first two lawsuits were filed, which was before oil prices plunged. The study estimates that litigation risk has cost the state economy between $44 million and $113 million.
The lawsuits were supposed to go to trial this year before a state judge whose re-election campaign was supported by Talbot, Carmouche & Marcello, but energy producers are seeking to move them to federal court. Politicians from both parties play footsie with trial lawyers, but Mr. Edwards would make most blush.
He hired a law firm that paid for his transition team to represent his Department of Health in opioid litigation. Louisiana has the second highest auto insurance rates in the country, and premiums have risen by more than half since 2011. According to the American Tort Reform Association, the state has more than twice the national average in bodily injury claims but about the average in accidents per capita.
Mr. Edwards has accused his Republican opponent Eddie Rispone, who founded a construction business, of receiving state tax breaks and creating few jobs. That’s better than the Governor who has paid off his political donors and cost jobs. The runoff election is November 16.
WSJ
Posted on 11/8/19 at 9:03 pm to Sentrius
Even people outside Louisiana see what he's doing to business. They don't want to be in a market where they have to be worried about getting sued over any little thing.
Posted on 11/8/19 at 9:09 pm to Sentrius
Filthy piece of shite democrats. If I found a bottle with a genie in it and I was given three wishes, the first wish would be that everyone that has voted for a democrat or any progressive world wide would puke their liver out.
Posted on 11/8/19 at 9:12 pm to Sentrius
WSJ speaks the Truth on this one
Posted on 11/8/19 at 9:16 pm to Sentrius
Among a plethora of other reasons too, it’s freaking EMBARRASSING that a mostly conservative state like La has so many JBE supporters.
it’s like some people enjoy losing & will cast votes to CONTINUE losing.
Low self esteem & setting poor standards...the theme of JBE supporters.
it’s like some people enjoy losing & will cast votes to CONTINUE losing.
Low self esteem & setting poor standards...the theme of JBE supporters.
Posted on 11/8/19 at 9:30 pm to 2Yutes
These JBE supporters keep coming on here asking what Rispone plan is but JBE plan seems to be do nothing but harm our state.
Posted on 11/8/19 at 9:31 pm to Sentrius
But, Mickey Goldmill, the principled independent said JBE is doing a great job. From what he’s seen, our jobs are doing great and we need to give this guy 4 more years
This post was edited on 11/8/19 at 9:33 pm
Posted on 11/8/19 at 9:49 pm to Sentrius
Honor code
Reality we got out of the ditch and into the sewer
Reality we got out of the ditch and into the sewer
Posted on 11/8/19 at 10:34 pm to Sentrius
Edwards proponents blame the state’s woes on the oil bust, but it seems the bust is over and we are sitting on the sidelines.
Meanwhile Gumbo PAC and the associated trial lawyers are spending millions to keep Edwards in the mansion.
The rape of La. continues,
Meanwhile Gumbo PAC and the associated trial lawyers are spending millions to keep Edwards in the mansion.
The rape of La. continues,
Posted on 11/9/19 at 1:24 am to doubleb
We have to get oil and gas going again but we also have to bring in other businesses to diversify our economy something
John Bell Edwards has not done or even attempted
John Bell Edwards has not done or even attempted
Posted on 11/9/19 at 3:26 am to tigersmanager
This is why I voted for rispone.
I know what jbe is going to give us. Where we going to go? Worst than 50th??
Give someone else a shot. At least the guy is over a company that has an idea of what I do for a living.
Not happy with his common core past but he claims he doesn't support that shite anymore and will work to fix the bese board. Hell if he gets John white the frick out it's a victory there.
I know what jbe is going to give us. Where we going to go? Worst than 50th??
Give someone else a shot. At least the guy is over a company that has an idea of what I do for a living.
Not happy with his common core past but he claims he doesn't support that shite anymore and will work to fix the bese board. Hell if he gets John white the frick out it's a victory there.
Posted on 11/9/19 at 5:10 am to thejudge
quote:
Hell if he gets John white the frick out it's a victory there.
this is a joke - right? Cuck Rispone is the very reason John White is still there.
An idiot RINO can do a lot more damage than a lame duck Communist with a hostile legislature.
Posted on 11/9/19 at 7:26 am to Sentrius
But...some employees accused Rispone of some shite in a lawsuit and never proved it.
Posted on 11/9/19 at 7:35 am to 2Yutes
His support is made up of the free shite crowd that love him, the vote D no matter what (largely the same as the first group) and his uber wealthy shyster slime buddies. But there are also some low IQ voters that buy into the honor code, moderate BS he’s laying on thick. He really has been the best Governor in Texas history, his sorry crooked arse needs to be voted out.
Posted on 11/9/19 at 8:07 am to Rock the Casbah
quote:
this is a joke - right? Cuck Rispone is the very reason John White is still there.
So Edwards can’t remove White because Rispone won’t let him?
Come on man, you guys are getting desperate.
Stay on topic:
Honor code
Jindal
Ditch
Posted on 11/9/19 at 9:19 am to doubleb
Producers leaving LA only helps JBE.
When he is reelected, it will get worse.
When he is reelected, it will get worse.
Posted on 11/9/19 at 9:24 am to 2Yutes
quote:
it’s freaking EMBARRASSING that a mostly conservative state like La has so many JBE supporters.
How many times did we elect Edwin? This state is full of morons.
This post was edited on 11/9/19 at 9:25 am
Posted on 11/9/19 at 11:03 am to Sentrius
People need to pay attention to this editorial.
Every word is truth.
The fact is they are actually understating the profiteering JBE is attempting through lawsuits he can organize from his office.
Every word is truth.
The fact is they are actually understating the profiteering JBE is attempting through lawsuits he can organize from his office.
Posted on 11/9/19 at 11:29 am to I B Freeman
I wonder where the usual apologists are. This thread is shockingly devoid of them.
You know, the ones that do everything to deny and/or obfuscate the reality that Louisiana is a judicial and legal hellhole that is poison to economic growth and the current Governor has made it worse and shows no intention of changing.
Even people that call themselves "conservative" are these apologists.
You know, the ones that do everything to deny and/or obfuscate the reality that Louisiana is a judicial and legal hellhole that is poison to economic growth and the current Governor has made it worse and shows no intention of changing.
Even people that call themselves "conservative" are these apologists.
This post was edited on 11/9/19 at 11:38 am
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