16:30 08-14-14

A recent study of the housing market in the state finds nearly 45 percent of renters are rent stressed; defined as paying more than 35 percent of the monthly income going to rent. LSU Economist Jim Richardson says in 2000 the number was around 29 percent…
cut 6 :05 sec. Q: “percent increase”
He says the next step is to determine why this number has risen so much.

With the announcement today of a one-point-two billion dollar budget shortfall in the state’s budget next year, Governor Bobby Jindal will more than likely be looking at some creative ways to deal with the red ink..:
cut 14 :12 sec. Q: “next year”
That’s LaPolitics Publisher Jeremy Alford, who adds some lawmakers will suggest raising taxes; something the Governor does not want.
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The long-time leader of the LSU alumni association, Charlie Roberts, has resigned from his post as he faces a lawsuit from Kay Heath–a former employee, who claims there was financial arrangement to keep their sexual relationship secret. Roberts attorney, Mary Olive Pierson, says the resignation should not be taken as an admission of guilt..:
cut 9 :11 sec. Q: “kind of silly”
And she says they look forward to hearing Roberts’ side of the story in court.

A former member of the House of Representatives, Republican Jim McCrery from Shrevepor,t has been appointed by Governor Bobby Jindal to fill a vacant seat on the LSU Board of Supervisors. McCrery served over twenty years in the House, and he was also the man given credit for introducing Jindal to Louisiana politics.