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Archive for the ‘State government’ Category

New Jersey Bipartisan Screw Up

03 Nov

“New Jersey became the state with the worst-funded public pension system in the U.S. in 2015, followed closely by Kentucky and Illinois.”

Source: New Jersey Tops Illinois as State With Worst-Off Pension System

 
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Posted in Democrats, New Jersey, Politicians, Republicans, State government

 

Letter in The Record about Chris Christie

18 Oct

Christie has

no core principles

Regarding “He could’ve been a contender” (Opinion, Oct. 16):

Richard Muti, the former mayor of Ramsey, highlights Governor Christie’s fall from being a leading contender for the Republican presidential nomination to an also-ran. Muti leaves out the most important reason Christie’s presidential campaign imploded: He does not have core domestic and foreign policy principles that he deeply believes in.

Read the rest of this entry »

 
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Posted in State government, Taxes

 

With allies like this…

11 Oct

“In a leaked email sent on August 17, 2014 by Hillary Clinton to her current campaign manager, John Podesta, who back then was counselor to Barack Obama, she admitted that Qatar and Saudi Arabia “are providing clandestine financial and logistic support to ISIL and other radical Sunni groups in the region.”

Source: Hillary Confirms Saudi Arabia, Qatar Fund ISIS In Leaked Email

 

Christie knew about GW bridge lane closings as they were happening

19 Sep

Source: Bridgegate prosecutors: Wildstein to testify he told Christie of lane closings

 
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Posted in Chris Christie, New Jersey, Port Authority of NYNJ, State government

 

How Bridgegate unfolded…bombshells to be dropped at the upcoming trial?

19 Sep

Source: The GWB scandal: A graphic narrative

 
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Posted in Chris Christie, Corruption, New Jersey, Politicians, Politics, State government

 

How to fund education in a free society

15 Sep

Another commission.  Puleez!  The only solution to “school funding” is to make each government school a 501(c) 3 tax exempt nonprofit funded by tuition, grants, endowment income and other non-coercive means.  No more commissions, no income tax, no school property tax, no more politicians running schools, no more federal government mandates,  no more state mandates…and finally teachers in control of curriculum and other educational matters and accountable to parents for the quality of their teaching.  As far as the educational needs of low income students throughout the state, families would create co-ops to educate their kids.

If you support the above proposals, you are a “revolutionary” who wants to create a free society.  Otherwise, you are a tinkerer of the status coercive quo.

“As the Senate President Steve Sweeney has the power to get his school-funding reforms enacted into law; instead he’s proposing setting up yet another committee…”

Source: Steve Sweeney could pass his school-funding reforms; instead he’s creating a commission

 
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Posted in Education, Federal Government, Free markets, Local government, New Jersey, Nonprofits, State government

 

One more reason to abolish the income tax

03 Sep

ax-agreement-recipe

“The change will reap tens of millions of dollars for New Jersey, but But low- and middle-income New Jerseyan working in Philadelphia.”

Source: Christie ending income tax pact with Pa., which will cost some N.J. residents more

 
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Posted in Income taxes, New Jersey, State government

 

States face pension fund gap approaching $1 trillion

25 Aug

Gross mismanagement by the policital class.

‘State pension funds are looking at a $1 trillion shortfall in what they owe workers in benefits, according to new data from The Pew Charitable Trusts.”

Source: States face pension fund gap approaching $1 trillion

 
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Posted in Political parties, Politicians, Public pensions, State government

 

Clintons feeling the heat.  “Too little, too late.”

18 Aug

“Rep. Peter King Thursday praised the Clinton Foundation for its decision to no longer accept corporate or foreign donations should Hillary Clinton win in November, but “why it was allowed to go on during the time she was secretary of state?”

Source: Peter King: Why Didn’t Clinton Foundation Change Donor Policy When Hillary Was at State?

 
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Posted in Bill Clinton, Corruption, Hillary Clinton, Philanthropy, Politics, Presidential campaign, State government, Warfare state

 

Tax cuts are good, replenishing the TTF is good and spending cuts are good

26 Jul

Tax cuts do not have to be “paid for.”  All tax cuts are good because they are steps toward economic freedom–and with economic freedom comes greater prosperity. Gov. Christie is not showing any leadership.  Why he is obsessed with a sales tax cut is incomprehensible.  Eventually, all taxes should be cut.  In the meantime, there is a proposal on the table that reduces several onerous taxes.  Get on board governor.

“In another great example of how things work in Trenton, it’s time for legislators to act on the only thing that remotely makes sense and override Christie.”

Source: Least bad option is only real choice now on gas tax battle | Moran

 
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Posted in Chris Christie, Democrats, Gas tax, Infrastructure, Leadership, New Jersey, Politics, Republicans, State government

 

The Public Pension Problem: It’s Much Worse Than It Appears | Manhattan Institute

25 Jul

“When financial markets slumped in 2008, the assets in government-worker pension funds plunged and public sector retirement debt soared. Although pension officials rushed to assure the public that their funds would recover as soon as stocks rebounded, the long bull market that began the following year didn’t do much to cut states steep retirement debt. Most state and local pension funds closed the books on their latest fiscal year on June 30… early returns suggest that the industry fell well short of its lofty investment goals.”  Read the rest by clicking on the link.

Source: The Public Pension Problem: It’s Much Worse Than It Appears | Manhattan Institute

 
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Posted in Politicians, Politics, Public pensions, State government

 

Why is Chris Christie apparently balking at the latest compromise?

24 Jul

Governor Christie should get on board with the latest proposal to fund the Transportation Trust Fund and provide much needed tax relief to the people of New Jersey. Is this a “perfect” compromise?  No.  But we need funds to fix our roads and bridges, lower taxes and lower spending and fewer regulations.  The governor should work on the last two goals ASAP.  Instead of focusing on Trump’s presidential campaign, he should do what he was elected to do–govern.  If he is preoccupied with the presidential campaign, he should resign.  

 

“Senate and Assembly Democratic leaders announced a new compromise Friday for raising the gas tax.”

Source: 7 things you need to know about latest gas tax plan to end N.J. road work shutdown

 
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Posted in Donald Trump, Gas tax, New Jersey, Politicians, Politics, State government

 

What If the Fix Was In?

21 Jul

Judge Napolitano raises the most important questions about Hillary, Obama, and the FBI.

Source: What If the Fix Was In?

 

Another dubious distinction for New Jersey

15 Jul

Guess what they all have in common?

“America is facing an infrastructure crisis. CNBC reveals which states have the worst roads, bridges, ports, airports and rail lines.”

Source: Crumbling America: 10 states with the worst infrastructure

 
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Posted in Democrats, Infrastructure, Local government, New Jersey, Politicians, Politics, Republicans, State government

 

Grossman: Trust fund and Atlantic City should declare bankruptcy

14 Jul

A compelling case to get debt under control and not raise the “gas tax.”   Murray Rothbard made the case to repudiate the national debt in 1992.

Source: Grossman: Trust fund and Atlantic City should declare bankruptcy

 
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Posted in Banks, Crony capitalism, Gas tax, Government debt, Leadership, New Jersey, New Jersey constitution, New Jersey Supreme Court, Politicians, Politics, State government