Sunday, July 22, 2007
Will the real Mike Panter please stand up.
Assemblyman Michael Panter (D-12) apparently did not receive State Treasurer Bradley Abelow's "support Corzine's monetization program or else" memo.
In an OpEd piece in today's Asbury Park Press, Panter points out what doesn't work about the Indiana and Chicago toll road deals, and paints a bleak picture of the benefits any possible monetization scenario. He accurately debunks any monetization scheme as an increase in debt, which he says he would oppose.
Panter ends his article in a curious fashion, saying:
"The public deserves answers on the governor's plan but should also be wary of candidates whose knee-jerk reactions are to spread false information for political gain."
All any candidate opposing the Corzine's scheme needs to do is point to Panter's article. No knee jerk reactions or falsehoods are necessary. Panter nailed it.
The public does deserve answers on Corzine's plans. The problem is Corzine resents the questions and doesn't have any good answers...because there aren't any. Yet the Governor keeps spending money that we don't have on his scheme and threatens those who dare to oppose it.
Democrats and Republicans don't need to worry that Panter has suddenly become fiscally conservative, or even fiscally responsible. His OpEd piece was obviously written for political gain. While he may oppose the monetization schemes, at least until after the election, he still favors borrowing $450 million for stem cell research, and the unions who are bleeding New Jersey dry are solidly in his corner.