Slightly to the Right in New Jersey

Conservative comments on New Jersey


Last Friday, I went down to Woodbridge to speak at the last hearing being held by the Turnpike Authority regarding toll hikes.  Previously I had been at the hearing at Bergen Community College and spoke about the how these hikes will devastate our business climate.  Further, I tried to point out to the coconuts running this meeting that it seemed to me they needed better management running the show.  Deterioration of our highways is a sign of people who have been in trusted to maintain them, not doing their jobs.  Heads in these agencies should roll before they come asking for more money.  But later I had a chance to think about the presentation that was given on why we need a toll hike and I realized that the authority was pulling the wool over our heads.  I felt that I had to bring this up at a public forum.

Before I get to the “Fix Was In” portion, let me explain why this is a disaster.  The presentation was broken out into three parts:

  1. Servicing of the current debt.
  2. Repair of the current infrastructure.
  3. Capital projects they wanted to fund.

The concept of “Servicing the current debt” implies that the current revenue being taken in by the agency is not enough to run the turnpike and pay the current bonding.  Or in others, they borrowed more than they should have!  Sounds like the current problem this country faces with the mortgage melt down.  But, the coconuts running the authority really cannot say they are the victims of “Predatory Lending”!  These people are suppose to be smart enough, if you look at their salaries, to not get into this situation.

The current state of the infrastructure of this state is a disgrace!  The pictures they showed of rusted trusses, concrete corrosion and other scenes of disrepair looked horrible.   Once again, who is minding the store and allowing this to happen?  If this was private industry, those managers and employees would have been shown the door a long time ago.  But no, instead they are rewarded with increased salaries, full pensions, overly generous health benefits and other little perks.

Finally, the authority gave a list of captial project that they wanted to do.  Of course this would require “borrowing” more money!  But wait, go back to the first point, they can’t service the debt they already have!  They can’t pay for the repair of the current infrastructure.  But they want to borrow more money!  See the irony here?  This is a death spiral!  Borrow, can’t pay, raise tolls, borrow, can’t pay, raise tolls, and on and on and on!

OK, lets get to the “Fix Was In”.  Back when I was younger, we use to go to the Meadowlands sometimes to watch the trotter run and of course bet.  One night, I had bet a horse that looked real good to win.  During the race, he took off and looked like he would waltz to the finish line.  Well, all of a sudden, the driver started pulling back on the reins, slowing the horse up. This did not make much sense, but I noticed that all but one of the other drivers were doing the same.  This allowed a very long shot to finish first, thereby giving someone a killing on this race.  I was so mad, but an older fellow next to me just said “The fix was in on that race”.  In other words, the finish of the race was predetermined, most likely by the mob to insure a great payoff.  Well, the fix was in on the toll increase for the Turnpike, Garden State Parkway and the Atlantic City Expressway.

While sitting and waiting to be heard, I watched the facial expressions on the board.  It looked to me that all of them were just staring out into space.  Not one of them was listening to any of the people who took the time to come to this hearing and give their opinion.  Then it struck me like a lightning bolt, the coconuts had already decided to raise the tolls!  They were going to do exactly what Jon “Stupidhead” Corzine wanted done, raise the damn tolls!  This is what we get in New Jersey, a dictator who is going to get his way no matter what! 

Well, in thirteen months we can change that!  Just remember, I will!

For Governor Stupidhead, the cowards on the Turnpike Authority, and all of the other idiots in Trenton, just remember, we are coming for you in 13 months, and “IT’S TAXES, STUPID!”

October 15, 2008 Posted by | Borrowing, Corzine, New Jersey, Taxes | , , , , , | Leave a comment