[556x45]

‘... the only state ever cited for fraud in its financial disclosure statements by the Securities and Exchange Commission.’

Thats quite the stmt!

[Huck]

It’s going to take more than a couple of budgets to turn things around, as anyone with any sense can recognize. That’s why I hope Christie is not the VP pick. He should stay here and continue to work on NJ.

[moovova]

...New Jersey has essentially used its employee retirement system as a way to run deficits, even though its constitution requires balancing the state's books.

There should be some jail time involved here...or a firing squad.

[kidd]

Fitch noted in its analysis that the state has made progress under Gov. Chris Christie toward achieving a more stable budget

This needs to be emphasized. Because his opponents will ignore it.

The Fitch report is documentation that Christie has indeed inherited a bad economy, and that his changes are moving NJ in the right direction.

[neverdem]

Last time that I tried, you didn’t have to excerpt Real Clear Markets, just Real Clear Politics.

[dead]

Previous administrations promised the public unions the moon in exchange for votes. They were in bed together (literally, during the Corzine Administration) through all the shenanigans and the politicians knew they'd be long gone once the bill came due.

The union leadership knew the model was unsustainable, but just figured they would riot when the government tried to stiff them.

I wonder, on which side of the rioting will our unionized law enforcement officers stand?

Actually, I don't wonder. But at least the National Guard isn't a union shop.