Steve Sweeney's sneaky plan for hijacking the gas tax into bailing out NJ's public pensions

Last month when you voted to dedicate the newly raised gas tax to the Transportation Trust Fund I'll bet you thought that meant the gas tax revenue would be going into the Transportation Trust Fund.

Suckers!

State Senate President Steve Sweeney wants to divert it to, drum roll please, bailing out the public employee pension fund!

How? Easy! Just have the pension fund buy the TTF bonds. As in, New Jersey will borrow money from itself and then pay itself all the interest.

Nice obfuscation there Steve. The interest doesn't go to "Wall Street." It goes to mom and pop investors like me who buy government bonds. "Wall Street" is just the middle man, because New Jersey doesn't have a system like Treasury Direct that would allow individual investors to buy those bonds from the state, and "avoid paying bond underwriting fees."

Why not?, you might ask. Because then guys like Jon Corzine and Phil Murphy wouldn't get their cut, except it turns out, when the vig goes to the public employee unions instead. Then cutting off "Wall Street" is A-OK.

So there you have it. When they sold us on the gas tax they told us it was for important stuff like roads and bridges. But when they spend the gas tax it'll be going to some guy sitting on a beach.

Posted at 10:13 by Chris Wysocki   [/nj_politics]   Comments | Perm Link |
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Jill Stein drops her PA recount bid, meaning her other 2 recounts are now pointless

Jill Stein's proxy war to propel Hillary Clinton into the White House is over. She's abandoning her Pennsylvania recount, and with it any hope to reverse Donald Trump's Electoral College advantage.

Looks like her fund-raising fell short.

And so, without an opportunity to revert Pennsylvania's 20 electoral votes to the Dowager Empress of Chappaqua, Stein's recount efforts in Wisconsin and Michigan won't matter. Trump will officially win the presidency on December 19th.

So why is she soldiering on?

In a word, to deny Trump legitimacy.

With 306 electoral votes Donald Trump's victory is a veritable landslide.

But suppose that her recounts drag out, and Wisconsin and Michigan fail to complete them by the December 13th deadline? Well then those states won't be able to certify their results, in which case their electors will not be bound to Trump.

Suddenly 306 electoral votes become 280. And a ten vote margin is hardly a mandate.

Still don't think Hillary's campaign is colluding with Stein on the recounts? Because if you don't, George Soros has a bridge in Brooklyn he can let you have, cheap.

There's no way that a nobody candidate who barely raised $3 million dollars in more than 2 years suddenly finds herself awash in more than twice that much cash in 2 weeks. Not unless a whole lot of prominent Democrats are writing her checks. And not unless she, overtly or not, promised them she'd help Hillary steal the election.

But wait, there's more proof that Hillary's harridan hordes are playing dirty. PA is doxing electors, leading to incessant harassment. Democrat Governor Tom Wolf, doing his best to one-up his convicted felon attorney general Kathleen Kane, released the names, addresses, and phone numbers of Trump's PA electors.

He didn't do this because he's for open government.

He did it to promote thuggery.

Remember all the holier than thou preening when Donald Trump said he "might not" accept the results of the election? Yeah, me neither. Because the preeners are now engaged in an all-out assault on our nation's electoral integrity.

Fortunately their machinations will amount to nought. But it goes to show us just how low they'll sink, how they'll leave no stone unturned in their quest for power. And thus they remind us of why we must remain eternally vigilant.

Posted at 21:53 by Chris Wysocki   [/election]   Comments | Perm Link |
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