Wednesday, June 25, 2008

What's in your wallet? Soon to be even less.


Governor Corzine and his fellow Trenton marauders remind me of the Visigoths from those Capital One commercials. Like the medieval warriors pillaging through shopping malls on TV only to back off when Mom or Dad whips out the Capitol One credit card, the Trenton Democrats are attempting to deceive New Jersey taxpayers into thinking that they are reforming state government, all the while why they are preparing to pick your pocket.

If your one of the millions who has fallen for the credit card commercials you know that Capital One is the worst when it comes to trickery to separate you from your money. They give you a different payment due date every month and then whack you with a fee if you’re on hour late on your payment, even if you pay off the entire balance.

Corzine and his clever cronies passed a State budget this week that they tout as reforming government. It purportedly reduces state spending by $600 million and does not raise taxes. In reality, the “savings” are coming from your pocket. State funding for your town is reduced which will increase your property taxes and your property tax rebates have been reduced. Taxes on your utility bills that were set to expire have been extended.

The Trenton Marauders also passed a bill this week that would require that all state borrowing be approved by the voters. But not before they authorized $3.9 billion in new borrowing that will not be approved by the voters. Corzine asked for only $2.5 billion in new debt, but he didn’t have the legislator’s votes for it, so he bought the votes with the other $1.4 billion. Baby One More Time.

They also created an early retirement program which is designed to reduce the State’s payroll by 2500 people. So instead of paying these people to come to work everyday, we pay them to stay home in North Carolina or Florida. There must be something lacking from my New Jersey public school education because this just doesn’t add up to me. Maybe I should sue the State because obviously my education wasn’t thorough or efficient enough. If I had received a thorough and efficient education I would have taken a state job, worked for 20 years and then staid home waiting for my check.

2 comments:

Downtowner said...

I think the $3.9 billion in borrowing for school construction is probably the thing that throws the biggest red flag for me.

The whole thing is broken. There have been cuts in state government, but they need to be much, much deeper.

I'm not sure I'm all that upset about the aid packages to the towns (e.g. welfare) being cut. Towns shouldn't depend on money to fall out of the sky: It's dysfunctional.

But New Jersey hasn't put the work in: It's true.

Alyssa Passeggio said...

The approval of $3.9 billion in school construction debt, while agreeing that all debt should be voted on is hypocritical. This just screams of: There should be rules, just not for me.

When Corzine was appearing on his town-meeting tour he insisted that he was not going to use gimmicks as previous administrations had. I question the early retirement of so many state employees. That work will still need to be done, either by new employees or overtime for the people left behind. So money will have to be paid for the work, in addition to funding retirement packages.

Further, why are they pushing more people into a pension system that they can't even fund now?

I think Corzine just wanted to be able to say he did these great things, but too many residents are seeing through the smoke.