I've tried for children. Then he gets some help. -- and no success so. Oracle rose to become Jonas managing editors -- refuses to -- somebody knows hope so because totally confused. We're gonna we did -- shoes that show's about don't.
How many own purpose poverty news stories -- we've done about all the money coming in New Orleans all the money given Louisiana. But there -- you turn. Whom 2002 in the budgets can be unbelievably bad and 2000 I'm Jim even pay the public defenders and we're gonna need no money for the DA's office. So color me confused on the local front on the national front worldwide front. Moral confusion. Ben Bernanke. -- the feds. Federal Reserve. Says you know the stimulus thing in the word by itself -- where to go oil to more banks. And now the car companies are saying. It's a -- you know some of -- may be forced to. And merge with -- others thought that's what bankruptcy would've done and and then the other thing how many times nobody asked corporate presented us what you product. Awarding himself. When you get the money when they get to fourteen billion. Still nobody is by seem product actually in economic problems then throw on top of that. They're being forced to do the electric cars in the fuel efficient. But guess is -- two dollars gallon who's gonna buy them where we're gonna find a way to make people buy them because they can't go Billy upright. We were told they couldn't be under shadow that out. Wouldn't take a look at all the ways to billion dollars already spent most of Rooney nor worded win and we don't know if it's open. They're gonna talk to joy and -- for about a half -- Achieves. Meet a management news editor for Wall Street Journal. Consumer story a lot of CEOs being fired because of these economic crisis and -- icon and only a few new -- users. Big take over or does -- in the -- billion -- billion -- bill lunar investment saying an open is enough for overpaid CEOs. They're gonna have book more good news architectural firm -- and talk about two riverfront project. Reinventing the crescent. One rooms the most accomplished landscape part of its architect in the world and on and -- so so -- all of that. Let me take my confusion to Greg -- rooms -- you will --
I'm here I'm and hopefully. He doesn't provided some access to a crystal ball -- even cloudy in my into the.
All right all right the world be a major news that -- look I have the head of G I don't know -- yesterday. What about eight different firms are brought the brought in a brilliant. We're all of these great ideas for the coming year. And in his words I don't quote totally but I think I'm pretty close. He said the key hands after three years and it's happened to 9/11. I didn't say this but I checked it out that happened do not. Oh where did you you go hit was a Charleston Charleston not gone Charles and three years the boom -- it's possible that the words in perfectly good have been told. Ad nauseam. Fourteen billion dollars in the pipeline and his cheered me and we're gonna rock and roll. And I opened the paper that says two lane renaissance. Big big apartment complex is being built at -- want the VA hospital -- guaranteed to becoming here and don't forget. This year this year the cork. Is gonna spend four billion dollars four billion dollars -- steering New Orleans. And they're going to bring in job apps and there are hiring people in the port tells me they got these 2000 jobs available. Or who won among listening going to go through. Including credit ratings going to be hurt by the current budget. We can't spill and federal money in certain areas of French quarter's going to have to cut back on its cleaning. Of the city's fuel bugs is going to have to be cut sanitation. Budget -- Neighborhood housing. Where remover reserve their music for something else. --
I think LA you can give conflicting messages I think -- all of this Garland insofar -- moving forward obviously the core and depending on strictly federal money it's one that you can pretty much bank on the money being spent here goodness knows there there are many areas they can look up a window one point two on the seventeenth street canal where can be put to work. Everything else thinking hinges on the private sector and finding. Investors. You know we -- nineteen yesterday and that this -- its redevelopment that's being discussed. Which most encouraging about the saying the redevelopment. Is -- those parties involved the city canal street development in the finger folks say that. The tax credits that are going to provide such a large portion of the funding to have buyers out there and that's that's a rarity given that there are really conservative borrowing and lending environment. Huge projects we've seen just sort of drive just left to right were actually working on a story right now that that's going to look at. Real estate lies a number of projects that have been put out Pearson to Katrina. Many now also the books simply because the financing isn't there so even moving into 2009 the watershed year as she described it. If the private financing is that there to move a lot of the private or public private ventures stalwart that depend on tax credits being told. Do we get a little bit stagnant -- it's it's encouraging that the -- intent on spending so much money provided they do it quietly provided a repeat. The mistakes of the past. But I think for the renaissance that we would love to see. We've we've got a really get out of this credit -- or fruit trees that when we got to feel it talks. It and and see more investment may not strictly rely on the recovery is just something from the public sector.
Humbug to were -- this mythical fourteen billion dollars. Of -- better ad nauseam.
Yeah Internet that's really the way like DTV read read read. Who will increase our call for more transparency into forest where this is coming through city government. Where it is so you know house seem to going to come up with the money because it seems to have been. At least from the perspective it tooth and -- fight over the years now. To -- that money into areas where it's needed. They clearly.
Groups are -- reptile lunatic Brigham and -- who want to come back -- a skewed view of Iran skinny of the council members of the mirror who we. It until you win and we hadn't been told the fourteen billion is being -- out of FEMA. This is how little lonely moment I've been told -- over and over how to get the tapes. From business people from government -- people saying. None of which fourteen billion and by -- man this thing is here horizons has told me this. You know we can still move this in the et cetera et cetera and in government officials. -- Your telling us.
Unless this is good news where the hell is it and how can we have a budget crisis coming right back darkened Greg rose is trying to. Cure my total confusion. On the local side these managing editors shouldn't business we'll be right back. Good question want to get involved in the conversation in the picture. Chemical usage through money selling toll free nationwide 866889. Itself. Because our world -- sofa and about a a little -- computers you know in my report with videos city budget apparently in tatters and brings them.
To be -- jostled around in -- row and no still not totally finish older. A decision will have to be made later on in the year in the mirror warning about the your 2002 will only be even worse then use your budget was. Well we're hearing over and over and over these major projects coming here and another Greg rose. I've been kind enough to helped me when my confusion managing editor -- business. Before the break Greg has could have peeled -- to her talk to their mirror in the City Council people can say look at. Courses are gonna go into effect like eaten in only reason. Everybody's talking about of course stimulus money that Obama's gonna -- control facilities around the country but here's a paragraph from the newspaper. Even development from the stimulus package this region could -- substantial influx of cash jobs and company. From already financed projects. The core soliciting local firms -- projects fielding calls from construction companies from around the country and around the world. The -- already in place a number of engineering construction firms. To open satellite offices in the New Orleans are so that that seems to living proof. That they or going to spend that money in his it's gonna be a large -- we get a collect taxes on here don't and.
I would think so you know obviously you know you can see most of that work committed to use -- the vulnerable areas of the city in the region. I mean that that could very well spent the West Bank Jefferson parish and it.
This all for the New Orleans bureau although the New Orleans -- the.
The because the court kind of with -- the feel of the projects that are ongoing in in the real push to get a lot of that. 100 year protection for the West Bank as well I think it's going to continue to spur that look at -- we keep hearing the fourteen million. In.
I don't billion a billion -- billion big difference. I'll use this is good to. -- killer virus that.
Right that the first time I heard that dollar amount thrown around what is windier not play and was just coming in to completion. This has been that was the price tag that was thrown at either we were twit every team. On the a tally sheet in and up the cost. We're talking about fourteen billion dollars of projects that could be you know headed to the new voluntary and I think you know -- our reporting. In you know input for loans the mayor's office from City Council members. I think that numbers just basically being used as the potential. For the amount of work that could come in regards to recovery work with in city limits. In pipeline I think this sort of put an optimistic -- to think that it's coming this way just because what we've seen to date is that with each and every project. -- is the dispute with FEMA and so far is that okay is that going to be a complete rebuild and property are building that more than 50% damaged. FEMA disputes whether or not the damage was the result of Petrino or deferred maintenance sir neglect to just the white that was there before the storm. So by no means I think can you point to that fourteen billion and say well that's definitely coming to defeat to the city to the region. The court yeah I feel a lot more certain with that because there's been a pledge to. Bringing that that that. The level of protection backup you know again. I didn't want to see it feel it touch it smell it before actually believe it's gonna all work on the skeptical of the next guy but I do it there's so much work on going I think that you will seek a court followed through. -- with more at a protection.
Better than you do asserted there's so much work on going or are we getting taxes out of that.
He everywhere trickle down to the sub contract that was being that you would see tax receipts generated out of that. He is fit to take skit where it's going to bail -- the city of chrome its current fiscal morass I don't. No -- in the united the other good but we're in good income is realized. How these companies put that on their books and exactly you know what form of taxation does it take. I still think that ultimately into for the city in terms of its funding woes is. Obviously the private investment you know as more businesses come to this city is more residents. Take root here but clearly that expand the taxing based you know we can do a different children different day about the wisdom of continuing attacks. In the fashion that we do. But I think it's private investment ultimately that go -- over the city makes. And I'm sure is Michael -- pointed out. You know until the environment is here the dad came in sustained meaningful. Business retention and recruitment. I think you'll always be looking at two city that's sort of pieces together a budget it'll get harder and harder as the mayor points out as the recovery money. Is put to work in we move further away from you know the big influx of dollars.
So even though I call myself a cynical all the time because have been her so long and -- heard some of the projects would never bear fruit. So I cannot I'm not enough of the Senate when his trip fourteen billion to make a should so assured him where he got -- where is of words and look at.
Again I think it's it's basically been taken to a talking pulling you know I don't know that anyone can come up weird. The list sort of the you know plan which. You know it's sort of living breathing document by no means that the firm blueprint that we're following a ticket recommendation. Union that we can look forward to you know the master plan that's under work that might be a little bit more concrete and so forest. Oh what comes out of the recovery -- now I don't really you know. I haven't found that fourteen million dollar shopping list that we can check and they -- well this is gonna be done by January that would February that would but -- I'm just not seeing that yeah.
Are you help me with the they'll be subject to your. The issue of the inspector general to report 273 callers. Ordinances six all right there's been debate with the mayors suing well. I'm not really sure those figures are correct. And it's your it's and now dean Gordon span and I've heard through the City Council debating that issue itself nobody says. An ordinance it's four resigned over in the inspector general verifies that is something called and I know we don't know much about in Louisiana something called the law. An ordinance is a new law and nobody says. What ever reason you may have both having 273 cards you'll or breaking ball mall. In today. The lose your attorney general has ruled on the sunshine law concerning. -- Megan which is City Council has as Tulsa world and moreover. And they sent. Your breaking bill mall. What kind of message do we send here. As adults as business people. Don't even ask a question about the fact they're breaking the law. What do we say it -- kid you you're going that convenience store you steal that bag is sent to put to board GO per year two years. But hell you can Steel City cars. You can break state laws and you'll probably say -- coming out --
Yeah Ed that the aluminum and listen you're just seems like total insanity I don't think you're missing it being adapted have mixed message.
And did it take its extreme aid does she and really loud beaten out. To the rest of the country's New Orleans still hasn't you know really check itself and so far as -- you know ensuring that money that's send its way -- money that it generates from its own taxpayers has put to use. In fashion but anybody can preclude Jamie to let our staff writer. Has been on top of both issues and so far as the IG's report at the hard habit. Is that just there's really no firm documentation. That the city can point to weather from the mayor's office for the department heads up. That says okay here compared to because here's cease using them. Here's how much gas that they are putting into it in the red flag that that raised his. -- that that it raises his as far as I arrest considering that a form of compensation. That the employees of the city. Are not claiming. So either willingly or unknowingly the city employees. Are -- that -- basically that they. Actually.
Immigration or -- said -- we can debate everything else but nobody debates the very basic that is non debatable. Your breaking ball law.
Right in and a little bit disturbing was right after the interim report came from the inspector general's office was that the administration. Doesn't know. They weren't going to respond to it anywhere like basically recommendations in there as well or just. No way it would rabbits there are slowly brought the attention of the chief administrative offer was like that the Spirit -- it seem to be here's a look at what I've found so far. But take -- take a look in if there's anything you can use bowed out it just lets you know this is what we found. The response from the administration has been well this isn't the official report so until we see an official report that says I guess in in blood. That don't have been broken that there's problems relating to the sold ordinance we're just gonna withhold comment.
going to let me take a break -- live on the news can you hope would be a little bit longer in deal. Anybody else up there are outraged over this -- appeals look at this like I do and say. -- mess and there's this big debate over we finally get an inspector general becomes an. We anxiously and in almost aggravated delete. Oh waited on his first reporting comes out he says look at what I've found her body goes. Soon thrown they have always had bad and what are you gonna do and they were promised these they can break go to bill. If you want to -- thing to do it to should zero -- the the rose managing editors -- businessmen because mr. -- you know we're so under and helped me on things and I'm just like will burst into. Hopefully you know numerous viewer interest in Poland about this student. -- a recent interview with the our inspector general. -- solely. One of the questions -- ask after his report was I think. Just sitting -- proud of that slow vehicles in the first place. And he said quote. If you're thinking and practical information technology turns. What you would conceptual lies in IT environment. That does not exist in the city inspector general pauses and says which is absolutely amazing for the amount of money was spent. For information technology. Says this city does not know all its assets this city does not have a list of bullet from real property. All of its movable property. The don't have inventories. Of anything. When you call people -- all they ask him where they get their inventory text that's too little -- Board code submitted grocery stores and retail shops they say they don't have any they don't bind them. And then the inspector general smiles and says what -- kid you can't steal what you don't know -- a million.
Right right its its golf sort of there for the taking it would almost seem good. Committed concession and a bit has been essentially he's pledged that he would peak now all of this city vehicles. Which I guess would be sort of the de facto inventory. I don't -- habitat will be incorporated into an IQ approach for managing the city fleet. I don't know that went that far down the road as of yet to. That the City Council basically. Is. Two good to do essentially holding the administration's feet to the fire at this point based on the -- world findings. From the inspector general's office. And then by January 30 the mayor is expected to have a response to this it won't be. -- as first considered one socialists formal report comes out the mayor will have he pledges and response to the end. The of the interim report by January 30 so I think you know in the midst of all of these budget -- that we've been talking about -- That there would be so much waste so much potential. Illegality going on. We had this city -- think council rightfully. Should demand some interest from the mayor and so far has the money being spent.
Boom. I get cold feeling that after all of those fought so hard to. To get inspector Jim were here and he's been named as. You're one of the three new legs -- support our redevelopment -- And then there were running into a situation that I never dreamed go where the inspector general. Does his job with with no ties and no question -- says to his. Veracity is truthful -- his expertise. And it hits the public in the public in the city administration just goes. Like just slow down that could be a problem I that feel.
It pains me to admit it but.
They have that same nauseating feeling the educated journalists because I mean technically we were born -- nauseating feeling a -- at a New Orleans. Agency that it is sort of disturbing. End staff writer -- Galactica and this upcoming issue that comes out Monday.
Take a look at it and it just some of the trouble with the inspector general has continued to have now for more -- and.
Basically getting -- some computers telephones to --
an -- I had to give back a million dollars of his own money. To help the budget -- we figured he couldn't get enough people who wanted to work here and he still can't get equipment personal office.
Projects he could not use the money it was a you know beyond a gesture that he essentially he would interrupted because the money he could do this because you know obviously it's been so close. Down by trying to increase the infrastructure of the office.
and take a break and come back and I'll just ask you one more question. And this is going to be rather subjective argument don't think about it. Serves solely was quoted influential elusive. We're not words in Massachusetts people would respond what to -- documents -- can get information without lived -- did issue a subpoena amber Thelma and needed something people understood the inspector general what he did cooperated with the inspector general. I don't think this should be this administration unleashed into roles in the separation of powers. Then he says all we as -- my car back to Massachusetts. Then these shows -- I'm in an apartment within their mattress on the floor and a couple of changes of clothes. You think easier stake. They're going to break come right back -- Little girls managing editors of the business is doing great job. Recovery is suitable Bloomberg gets more from patients their -- your -- Just joining us. One -- push and pull.
Search of go to portion urging them through the city business. And.
As -- boon for the break going to argue against cold feeling that. Inspector general situation certainly not working the way I thought it would work controllable people presumably -- We're seeing and interviews were -- solely Arkansas back to Massachusetts were so original component. Paid attention to inspector general they've they've validated what it was doing nobody wanted to document -- Soon dale subpoena. Says quote I don't -- within one in the mayor's office I've met with a mirror exactly five vocations. And keep in mind this -- criminal office as the technology. -- a revolutionize the city with technology. And would find out they don't even abort codes. On the equipment that they have so -- what they have. With all of that in the inspector general feeling that he's just seven operation in Boston. Sounds serious although we won't give details. Lives in one room apartment and their mattress so in his car back home to Massachusetts. You get the feeling he's ready to go at any moment if need --
Ha you know in my heart apart. I'm hoping that not dictate the impression I get from him is that he's a fighter he's someone. That's not willing to back down. It run away from a situation that he doesn't give of those been completely addressed. I think he's developed an affinity for New Orleans and eight I think that's returned from him from the citizens that. I hoped to see the fruits of their labor for the someday and someday soon. That says if if he doesn't have the basic necessities with which to do his job. How can we really expect him to have the patience that's going to be needed the persistence that's going to be required. To really really make -- difference here. Any given you know you you bring up. It though it is typical situation in you know we -- that's nothing. Two serious split. Clearly it's one of the things that be factored into his picture I don't know that. It I think he in this with the ending injury is comedic climb inside of his head. Is does he viewed this particular can't get the potential legacy. You go -- and there's really no comparison but I bring in Ed Blakely. As sort of a comparison. I don't think that you -- walking away from this position whatever he decides to Ed Blakely will point to New Orleans as his potential legacy. I think you'll hope that. People taken to. Account career full of accomplishment that he is added in whatever positive steps he's managed to make here in New Orleans. I'm not nearly two they. Does that taste of meeting New Orleans that is. Rabbits are solely as. Similar accomplishments before he ever got to the city basically -- literally wrote the book on establishing -- IG's office indigenous city they're remembered. We ask for one is boaters. Back in the mid nineties and it took. A full decade or more to actually put one in place and obviously we still struggle with the concept at least our leadership does. So one hopes are that you know that again this is a fight that he's not willing to walk away from any time soon. And they take the you know just tear -- the the furor that you can expect over the coming months over the city's vehicle fleet. That I believe there's just a taste of what's to come provided that he is equipped fully and allowed to do his job.
Rig go look I really appreciate your time I think I'll definitely have a different perspective on our financial situation in the city. And interesting conversation on the inspector general until -- favor and -- The compressed. I get so involved in national international. Stories of we do shows we do here often don't forget to. Fully do more homework on the local and you -- continually have our great things -- covert or get more details on. If you'd just emailed us and say Coleman -- you've go to sleep again in the take a look at this some would like to get all love to have -- on -- regular base.
love that stuff you limitation and I look forward to being back with -- your listeners again.
Great job on the -- Gregory Smith and you don't take a break come back will go one go. Or ruling. Will be right back with you -- we -- decision governor bill but the good 78 a -- to reopen. Should -- they -- no -- appreciate your holding on your belt.
Hey David -- throughout. -- I'm just legacy. Stumbled on Asia Merrill -- commercials come on MO. I can't turn it off on travel knowledge wish I'd love and everybody got it -- certain students through its. -- reported having to -- auto a million and should be no new news channel but it can be -- to -- old enough to. Know what I.
Let's whom we were covering dinosaurs. And man. Who do amazing huge blue and discuss a.
Just like this stated I read the paper every day may have a young man a young businessman and -- city. -- say that she would distribute gonna draw on the database there's. You know is bad enough that we get. Government government united stated government or by -- and desktop to deal would project -- financial -- of course when you're struck refuting your own city government. They're not trying to kill you and the people that we bring and totally helpless you know there's no transparency do know camaraderie. Either through City Council -- expected durable as other media also don't know by the client on a strange football field when -- A lot of light or a socialist opponent started states. I'm here to do the right thing which is. Honestly -- unfurled. You know knowing. Older people and AP international business that's something that shouldn't -- is -- like Hewlett is. Com there's too much right to know what sort of present site of the strange almost make it to the school bully you know argue that it is.
A yeah it's a donor putting that. All of those very had a screw beyond the City Council actually has been. Very very very supportive but they even push for an ordinance. The blocks in his job you know mirror no mayor or City Council now. -- Only thing you want to see you got. But it says he's fought in in every corner.
And I understand that I'm not saying that this City Council not -- Jabber -- seem. With the budget was Jimmy took effect just figures down and it'll keep we can have -- but it's almost like. -- When you put some -- been everything has to bureau eight cathode in a way -- the punished dissent as albeit a cadet remained.
we've had so much of that over the years look at I got wrote him up against a blog but really appreciate -- her listening number one. Drew young age and appreciate the call very good call. Coming up next we're going to be talking about commercial were what economy and I know we do that a lot and I know. Some of these problems say you know can't listen some more but we've got to if if we hope to. All these so called leaders -- to the fire and quit wasting money of our children. We're gonna listen you've got to understand we got off lot of news go forward if we talk of the billboard that economics professor -- In the of coming no word the feds now are changing their stores bubble border through -- companies are changing their stories from banks and changing their stories. So we look at all the latest developments in MC going to -- electricity but can we even trust anymore. That we hear probably know which decision we should make a quitter quitter oh we can tell -- Take a break up of the bill -- utility they have mortal blood.
