Holloway addresses Rayne audience
In a wide-ranging talk, PSC Commissioner Clyde Holloway shared his thoughts with a Rayne audience Thursday afternoon about the Congress, President Obama’s health care legislation, and the impact Cap & Trade regulations would have on Louisiana and the nation.
By way of introduction, the former congressman traced his business and political careers.
He is the owner of a nursery business in Forest Hill, where he first became involved in a movement to keep the Forest Hill School open when the Rapides Parish School Board ordered it closed.
When the case went to the Louisiana Supreme Court, where the public school was closed down, Holloway led the campaign to create the Forest Hill Academy.
He remarked lighthearted that he would have ranked in baseball’s Division 2, because he won only four times in eight election bids.
He was later appointed by President Bush as the USDA State Director of Rural Development where he served until 2009, and resigned to run for the Public Service Commission. He serves the Fourth District that covers 17 parishes.
He announced that the July session of the Public Service Commission will be held on July 20 at the Rice Theatre in Crowley.
He termed the price tag on Obama’s health care as “astronomical.”
Commenting that in Washington, D.C. “everyone is worried about getting re-elected,” Holloway contended many of the politicians cater to the voters’ whims at a time when “government gives them everything.”
Regarding Cap & Trade legislation, which would place a legal limit on greenhouse gases but allow companies to “trade” among themselves the permission or permits to emit greenhouse gases, Holloway said he doesn’t believe it will pass.
However, he admitted Louisiana’s oil and chemical industry would be “hardest hit” by the regulations. He further cautioned that Cap & Trade would put the United States at a disadvantage globally. “You can’t have it without agreements with China and other nations,” he said.
Citing the expansion of the so-called “Tea Parties” in the country, Holloway said, “The people are paying attention.”
He remarked that the national unemployment rate won’t go down, when there are so many people contend to live on unemployment benefits. “People are dependent on government,” he said, “They don’t want a job.”
Citing the $800 billion dollars paid in interest on the national debt, Holloway argued, “We have to say no. We have to look at what is good for our country.”
While he acknowledged there is growing interest in nuclear power and biofuels, Holloway also cited the abundance of natural gas reserves which could be “a great future for the country.”
When Rayne Mayor Jim Petitjean questioned Holloway about Louisiana’s electrical transmisison gird, hampering efforts to obtain lower cost energy, the PSC Commissioner acknowledged that Louisiana is ranked among the fifth lowest states in the country.
Holloway’s appearance at The Crossing at Mervine Kahn was co-sponsored by Eric Thomas, owner of The Crossing at Mervin Kahn & Crawfish Hut, with special thanks to MB Industries.