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Financial Genius: Gov. Corzine Shuts down New Jersey

Isn't he the guy with the gay lover?

When that story broke, "The Onion" had as a headline, "Gay Man Admits to Being Governer of New Jersey"...
 
Skeptic said:
Isn't he the guy with the gay lover?

When that story broke, "The Onion" had as a headline, "Gay Man Admits to Being Governer of New Jersey"...
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no, he's the guy who replaced the guy with the gay lover.
 
Kopji said:
Be funny if they offered to privately employ the sheriff's while the state was shut down.
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They already do. They are assessed and to pay the salaries of any state or local personnel required by law to be involved with running the casinos including security (police), inspedtors, accountants, etc. On top of that
the State earns more than a million a day from them alone. This doesn't include the Lotto machines which Corzine already made go dark which are operated by private merchants at their expense and the race tracks which also pay their own way.

This guy was Chairman of Goldman Sachs for a decade or so. This is where Randi keeps the million for the challenege invested.

Legally youcan't disagree with his moves but he should have temporarily shut down non-income producing operations. He has left open essential services such as police, children's services and healthcare but if he was that smart he would have left the profit making ventures open to pay for them during the shut down.
 
So is the governor working without pay right now? How about the legislature?
 
It appears we have gone into another Claus-ditch, wherein fifteen pages from now, we will be splitting hairs over inconsequential minutiae over some poster's belief that Greevy was a homosexual as opposed to is a homosexual.

Meanwhile, can we get back to the topic of the OP, since I have a question?

Since NJ must balance the budget, by law, what would happen if Corzine did not want a sales tax increase? Would the legislature have to make cuts sufficient to balance the budget? If so, why do they not just do that, thereby killing Corzine's demand for a 16% increase in the sales tax? "Here you go, Governor, a balanced budget. Now, why are you demanding a sales tax increase?"
 
Crazy point is that Corzine's new budget is about 3.5 billion more than last year's while his tax increases will yield the state only about 1.4 billion.

Huh ???
 
Just thinking said:
Crazy point is that Corzine's new budget is about 3.5 billion more than last year's while his tax increases will yield the state only about 1.4 billion.

Huh ???
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Interesting; Corzine wants a big budget increase and a 16% increase in the sales tax. I guess that's something you can only do right after you've been elected, and only after promising not to increase taxes; if you do it in an election year, you might as well start polishing your golf clubs and working on your memoirs.
 
BPSCG said:
Interesting; Corzine wants a big budget increase and a 16% increase in the sales tax.
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Thank you -- for not claiming it to be a 1% increase.

Oh yes -- I do believe he also wants to extend the sales sales tax to other now non-taxable items. That will surely keep those non-NJ buyers pouring in from NY and PA.
 
About whether the governor and the legislature continue to draw salaries during the budget crisis/shutdown: Corzine does not draw a salary. I don't know about the legislature.
 
EBU said:
About whether the governor and the legislature continue to draw salaries during the budget crisis/shutdown: Corzine does not draw a salary. I don't know about the legislature.
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Corzine does not draw a salary? I take it this was voluntary on his part. That is to say, the office of Governor of New Jersey is a paid position, but Corzine has declined to be paid.

Interesting.
 
Luke T. said:
Corzine does not draw a salary? I take it this was voluntary on his part. That is to say, the office of Governor of New Jersey is a paid position was bought and paid for by Corzine, but Corzine has declined to be paid.
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Corrected. :rolleyes:
 
BPSCG said:
Corrected. :rolleyes:
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Kopji said:
There are creative ways to levy sales taxes. Something we have at a city level is a 'BBB tax' (bed, board, and booze). This cushions the tax impact to the poor, and tends to stick it to tourists and residents who eat out, who are presumably better off.
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And, of course, who don't get to vote.

SteveGrenard said:
I pity his poor children having a father who on top of living this lie then has the gaul to write a book about it.
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What does France have to do with it?
:)

SteveGrenard said:
They already do. They are assessed and to pay the salaries of any state or local personnel required by law to be involved with running the casinos including security (police), inspedtors, accountants, etc.
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Is it based on income, or some other basis? Are they currently being required to pay?

Beerina said:
Properly, politically speaking, it should be irrelevant since what consenting adults do behind closed doors is no business of the government.
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While I sympathize with BPSCG's frustration with the hijacking of this thread, I think that it should be pointed out that IN THIS PARTICULAR CONTEXT, it clearly was a choice, it was not an issue of consenting adults doing things behind closed doors, and it is the business of the government.
 
Art Vandelay: What does France have to do with it?
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Good one! I suppose could then say what does the liver have to do with it also.

Is it based on income, or some other basis? Are they currently being required to pay?
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The cost of regulating the gaming industry in New Jersey is not borne by the taxpayors but by the industry itself. The industry is definitely required to pay and they do pay the salaries and expenses of the inspectors and agency charged with their oversight. In addition the state makes over a million dollars a day from the casinos alone, more from the Lotto/Power Ball and the racetracks, all of which Corzine closed. It almost sounds like he doesn't like gambling on principal but hasn't admitted to that. In order to battle a deficit, it makes absolutely no sense to force the closure of activities which would contribute to the reduction of that deficit. I think it is counter-intuitive.

The cost of regulating the casinos and how it is met is mentioned in one of the URLs cited above.
 
CFLarsen said:
Originally Posted by Kopji :
Humm deja' vu.

There was a similar situation in Arizona a few years ago, it was the federal government that was shut down under Clinton for similar reasons.
Closed all the national parks and had a huge impact on local tourist businesses.

The situation came very close to violence. We had armed national guard troops landing at the local airport and moving through town toward the Grand Canyon in trucks.

Be interesting to see if they could force a shutdown of the casinos.
It's not a problem.
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The armed militia will step in. That will be the end of those Gubmint oppressors!
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Did you see what the big, bad Los Angeles gubmint (including their supposedly violent police force) did during the two riots in Southcentral L.A. during the past 40 years?

Did you notice what the Korean grocers did during the Rodney King riots?:

A Korean immigrant just 14 at the time, Ms. Jang was in her home on the affordable fringe of Beverly Hills, far from the action. But violence was rampant in the stucco sprawl of the South-Central district, near Koreatown where her parents worked. And Jang's ethnic group seemed to be a particular target. As she watched, the news featured vivid images of Korean shopkeepers defending their stores with shotguns and pistols.

"I thought, 'Where are the police? Why are these store owners having to protect their own property with guns?' " she recalls.
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SteveGrenard said:
Good one! I suppose could then say what does the liver have to do with it also.
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"Gall" is another word for yellow bile. It goes back to the idea of Four Humors:

http://www.answers.com/topic/four-temperaments

"Choleric corresponds to the fluid of yellow bile, the season of summer (dry and hot), and the element of fire. A person who is choleric is a doer and a leader. Many great charismatic, military and political figures were cholerics. On the negative side, they are easily angered or bad tempered."
 
Speaking of humors, this thread has gone distinctly bilious. I blame the influence of New Jersey, which is such a cesspool that it contaminates even discussions about itself.
 
Huntster said:
Did you see what the big, bad Los Angeles gubmint (including their supposedly violent police force) did during the two riots in Southcentral L.A. during the past 40 years?
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40 years back in time? Do point it out.

Would you rather have no police and no military?

Huntster said:
Did you notice what the Korean grocers did during the Rodney King riots?:
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Irrelevant: Not armed citizens defending their homes against the Gub'mint.

Huntster said:
I don't see why.
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Here's one reason.

Here's another.

Do you think there are senators and congressmen who are secretly gay, but can't come out because of public opinion against them? Or merely employees? Heck, what about kids?

Huntster said:
Do you state that many non-gays don't have secret lives?
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"Non-gays" - I assume you mean heterosexuals - don't have to hide their sexual orientation.
 
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