It Would Seem Like New Orleans Has Reached The End Of The Line. Thank God.

New Orleans Reaches the End of the Line

It seems like New Orleans has finally reached a critical point. The city is seeking a massive $125 million bailout from the Louisiana State Bond Commission due to its poor fiscal management.

Helena Moreno, the former WDSU-TV anchor, ex-state representative, current New Orleans city councilmember, and mayor-elect, is at the forefront of this effort. Despite her years of asking for the job, she is now faced with a daunting task.

Moreno has been on the city council for a while, making it difficult to sympathize with her situation as she kicks off her term as mayor.

Author's summary: New Orleans needs a $125 million bailout due to poor management.

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