Trump tax story: How NYT got it; Chris, Rudy play defense

The BIG weekend story is Donald Trump’s 1995 tax records that reportedly show a loss so massive from his failed casino, airline and hotel businesses that it would have permitted him to make no tax payments for years. Here’s the fascinating story from New York Times reporter Susanne Craig on how her newspaper got hold of the tax information and how they checked it out: 

The Time I Found Donald Trump’s Tax Records in My Mailbox 

 
New Jersey Gov. Chris Christie, a top adviser to Mr. Trump,
and former New York City Mayor Rudolph Giuliani shared the unenviable task of explaining on the Sunday morning talk shows how the Times story was ‘actually a good story’ for Trump.

Yes, Mr. Christie actually said that.  Roll tape:



Below is Mr. Giuliani’s spin on the tax story:


Like this? Use form in upper right to receive free updates
See popular posts from the last 30 days in right column — >>


Trump tax story: How NYT got it; Chris, Rudy play defense Read More »

Forget ISIS, here’s the immediate threat to NJ residents

In an era when politicians are out to promote themselves by scaring you about terrorism or illegal immigrants or street crime, there is a far more immediate–and still unaddressed–threat to your well being.


It’s far easier to fix your attention on the shadowy figure who may some day cause harm with a bomb or a gun than to get you to demand that your government deal with a problem that has every single New Jersey resident today on the hook for $15,000 each.

Underfunded public pensions. Good grief, how boring. Turn on an NFL game or reality show. Don’t talk to me about numbers. Somebody eventually will figure it out.


Hey, stupid, wake up. You’d better pay attention unless:

  • you like your already outrageous property taxes to keep climbing
  • you want to work a good part of the year just to pay for the pensions of government workers who have no intention of settling for less–and expect their unions to deliver more
  • your financial plan for the future hinges on getting out of Dodge and moving to Delaware or the Carolinas
  • you hope you can find a buyer for your home who is even more out of touch than you   

Do yourself a favor. During the next commercial break, take a look at the op-ed (and video) in today’s Star-Ledger.

N.J. residents owe $15K per person in pension debt. Compromise is the only fix 

You really need to start thinking about this and demanding that state leaders start dealing with it.
 

It won’t be easy for you–or for them–but what’s the alternative?

We can’t send this problem back to Mexico or give the police more military firepower to squelch it.

Like this? Use form in upper right to receive free updates 
See popular posts from the last 30 days in right column — >>

Forget ISIS, here’s the immediate threat to NJ residents Read More »

Light rail getting back on track for NJ’s Bergen County?


Elected leaders in eastern Bergen County on Saturday cheered the news that the long-delayed extension of light rail service into Bergen may finally happen, thanks to the unexpected deal in Trenton to raise the gasoline tax by 23 cents a gallon to replenish the state’s Transportation Trust Fund.



The Record‘s Christopher Maag reports:

“It is a big deal, and it’s a great step forward,” state Sen. Loretta Weinberg, D-Teaneck, said of the plans, which would offer many of her constituents a direct rail ride to the PATH train lines that run to Manhattan.

“I’m very excited,” Englewood Mayor Frank Huttle said.

When complete, the line will allow light rail trains to travel 

from Hoboken northbound, past the current terminus at Tonnelle Avenue in North Bergen, and to Ridgefield, Palisades Park and Leonia. It will have three stops in Englewood, including at Route 4 and downtown, and terminate at Englewood Hospital and Medical Center.

The final legislation incorporating the trust fund deal — which softens the blow of the gas tax bump with limited relief in other areas, like the sales and estate taxes — may come up for a vote in the state Legislature as early as Wednesday, said state Sen. Paul Sarlo, D-Wood-Ridge. He was one of the original co-authors of a transportation funding plan introduced in June, aspects of which are included in the current proposal.

The package, however, includes no language specifically dedicating any of the new gas tax revenue to the Hudson-Bergen Light Rail extension, Sarlo said, or to a sister project to extend the River Line light rail along the Delaware River in South Jersey.

Instead, Sarlo said, the deal to fund the two light rail systems at opposite ends of the state is an informal one among Christie, Assembly Speaker Vincent Prieto, D-Secaucus, Senate President Stephen Sweeney, D-Gloucester.

“The Legislature has the power to appropriate money, and it’s up to the executive branch to decide how that money is spent,” Sarlo said. “There is an understanding between all stakeholders, North and South Jersey and the governor’s office, that when the plan is developed, those two projects will be funded.”

Even if the Legislature passes the funding measure and the governor signs it, construction on the light rail line will not start soon.

During the summer, officials with NJ Transit were working to complete a preliminary study of the project’s environmental effects, as required by federal law. That study was to have been completed in October, said Huttle.

Then the Transportation Trust Fund ran out of money, and Christie issued an executive order stopping most construction and planning projects paid for by the fund, including the light rail effort.

Now it’s unknown when the study will be done, Huttle said.
Whenever it’s finished, NJ Transit must wait 60 days to receive public comment, hold a public hearing, complete a final environmental review, and then create an engineering plan, all before construction can actually start, Huttle said.


Read the full story here

Like this? Use form in upper right to receive free updates 
See popular posts from the last 30 days in right column — >>


Light rail getting back on track for NJ’s Bergen County? Read More »

Two ex-governors weigh in on protecting NJ water supply

Former NJ governors Tom Kean, Sr. and Jim Florio

Former New Jersey Governors Tom Kean and Jim Florio
write, in a
NJ Spotlight, op-ed:


Clean, plentiful drinking water is critical for New Jersey’s families, businesses, and the future health and well-being of our state. In addition to the challenges that water-supply regulators and utilities have faced in the past, a new two-volume report released by the New Jersey Climate Adaptation Alliance brings attention to the challenges a changing climate poses to our drinking-water supplies.

The reports also offer insights on strategies that New Jersey can adopt to increase the resilience of our water supplies and the systems that deliver water to our residents. 

Read the full post here


Like this? Use form in upper right to receive free updates 
See popular posts from the last 30 days in right column — >>


Two ex-governors weigh in on protecting NJ water supply Read More »

New Jersey slips three spots in national energy efficiency

While many states are making strides to reduce energy use, New Jersey continues to lag behind others in using energy more efficiently, according to a new national analysis.


Tom Johnson reports for NJ Spotlight:



New Jersey fell to 24th in the nation in energy efficiency, slipping three spots, according to a scorecard compiled by the American Council for an Energy Efficient Economy with the support of the U.S. Department of Energy. Less than a decade ago, the state was ranked seventh in terms of energy efficiency.
Clean-energy advocates often cite the annual study as justification behind a push for more aggressive policies and investments that would allow businesses and consumers to use energy more efficiently — a win-win proposition that would cut energy bills and reduce pollution.
The factors causing the state to lose ground are all too familiar to those who want the state to put a higher priority on energy efficiency. The analysis cited diversion of funds to promote energy savings; lack of a mandatory target to reduce energy use; and an existing utility business model that does not encourage investment in energy efficiency.
“Sadly, this is a broken record,’’ lamented Doug O’Malley, director of Environment New Jersey. “The road to becoming more energy efficient is obvious: stop raiding clean-energy funds and adopt an energy efficiency portfolio standard.’’
But the New Jersey Board of Public Utilities questioned the assumptions made in the analysis and defended its efforts in promoting energy efficiency.
In a statement, the agency said the state has a decade-and-a-half history of advancing energy efficiency, having invested approximately $2.58 billion over that time — a fact the council gives no weight. Half the state’s investment in energy efficiency has been during the Christie administration.
Like this? Use form in upper right to receive free updates 
See popular posts from the last 30 days in right column — >>

New Jersey slips three spots in national energy efficiency Read More »

Second Bridgegate defense attorney grills Wildstein

On Friday, before the Bridgegate trial of Bill Baroni and Bridget Anne Kelly recessed for the weekend, it was Kelly’s attorney Michael Critchley’s turn to challenge the prosecution’s star witness, David Wildstein.


David Cruz has the story for NJTV NEWS. (See print stories below)

Related Bridgegate news stories:
Wildstein details political involvement in Christie campaign
Bridgegate snitch testifies about bromantic photo with Christie 
Star Bridgegate witness admits career of ‘lies and deceptions’

Like this? Use form in upper right to receive free updates 
See popular posts from the last 30 days in right column — >>





Second Bridgegate defense attorney grills Wildstein Read More »