The feds are finally allowing people who flooded in 2016, but received SBA loans to pay for their recovery access to RESTORE grant money. Matt Doyle has more.
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New ULM athletics director Scott McDonald is confident they can succeed, even though the school ranks last in the FBS in funding for its athletic programs. Brooke Thorington has more…
Cut 2 (30) “…I’m Brooke Thorington.”
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A blockbuster trade sees former Pelican Anthony Davis headed to the Lakers in return for Lonzo Ball, Brandon Ingram, and a bucket of first round picks. Matt Doyle has more.
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Senator Bill Cassidy says the feds have finally relented and will allow those who suffered damage in the 2016 floods, but received SBA loans, access to Louisiana RESTORE grant money. Cassidy says if you make below 120 percent of the area-median-income, you will be immediately eligible for RESTORE, once the state writes some final rules.
If you make above 120 percent of the area-median income, you won’t be immediately available and will need to file for a hardship waiver, but Cassidy says the barrier to receive that waiver should be set low enough to include people above that income line.
Cassidy says the news will be weight off the backs of thousands who were saddled with significant amounts of debt in the aftermath of the flood, or who just couldn’t afford to finish repairing their homes.
President Trump signed legislation fixing the “duplication of benefits” loophole in October of 2018, but the change was challenged bureaucratically by some federal agencies.
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New ULM athletic director Scott McDonald is not using the lack of money as an excuse for not having success. The latest USA Today report says ULM’s athletic budget ranks last among the 130 FBS schools. McDonald, who was interim AD for nine months before getting the job full-time, says he understands the challenges
McDonald says the school plans to invest in making the sure the student-athletes are getting the proper nutrition
McDonald says they’ll also spend more resources on strength and conditioning, academic support and two new housing centers for the student-athletes are under construction. He also likes the direction of the football and men’s basketball programs…
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Disgruntled Pelicans star Anthony Davis gets his wish and is traded to the Los Angeles Lakers for young guns Lonzo Ball and Brandon Ingram, along with the 4th pick in this year’s draft and a bevy of future 1st round selections.
Locked On Pelicans Publisher Jake Madison says it’s not the deal many fans wanted, but it’s likely the best they could get.
Madison says the Pelican’s leverage collapsed when the Boston Celtics refused to include their best young player in the negotiation.
The young Lakers haven’t had impressive starts to their careers, but Madison says they’re very young, and oozing with potential, starting with shooting guard Lonzo Ball…
The Pelicans will also receive young shooting guard Josh Hart in the deal.
But rumor have erupted that some, and possible all of the new acquisitions could be traded off to another team for an All-Star caliber player before the season’s start…
The Pelicans reportedly will receive the Lakers top 8 protected 1st in 2021, a pick swap in ’23, an unprotected first round pick in ’24, and a pick swap in 2025.
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Tensions are rising in the Mideast once again as the US alleges Iran is responsible for several recent attacks against oil tankers in the vital oil shipping lane of the Strait of Hormuz.
LSU Center for Energy Studies Director Dr. David Dismukes says the political instability will likely lead to a rise in fuel costs for Americans.
Iran and the US have traded threats ever since President Trump canceled an agreement, to ease sanctions on the nation in exchange for international monitoring of it’s nuclear abilities.
The Strait is a narrow strip of water between Iran and the Arabian Peninsula and is a vital shipping lane for Arabian oil exports. Dismukes says because oil prices are set globally, keeping that piece of sea open to traffic is a priority for energy producers…
At it’s narrowest, the Strait, which is in the Persian Gulf, is only 21 nautical miles long.
If the tensions were to spill over into open conflict, and trade in the Persian Gulf were to be disrupted, Dismukes says you could see a noticeable rise in gas prices, leading to a substantial international response.
It’s estimated roughly 20 percent of the world’s oil passes through the Strait.
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