MORE REASONS TO NOT SUPPORT CHRIS CHRISTIE FOR PRESIDENT
Chris Christie is a perfect
example of how “not” to run a state government.
If the New
Jersey Governor, Chris Christie,
seriously goes after the US presidency, the American voting public better take
a closer look at how he has been running his own state. They will then quickly see that with a friend like
Christie, who needs an enemy?
First, just
look at the latest issue of his recently agreed legal settlement with Exxon Mobil.
For the last
ten years, New Jersey had been in a legal battle with Exxon Mobil over their contamination of, and the state’s loss of
the use of, over 1,500 acres of public land in northern New Jersey. Exxon
Mobil was found liable, but the damages and cleanup costs had yet to be
determined. The estimated total cost was
$8.9 billion, and the judge was
expected to rule soon on the final number.
But, Governor
Christie had recently received very large donations from Exxon Mobil to the Republican
Governors Association, of which Christie is the Chairman. Since he swore to balance the state’s budget
without raising taxes, he also needed lots of quick revenue for adding to the
state coffers.
So, to get
some state revenue and this issue settled right away, he instructed his state’s
lawyers to settle the case with Exxon
Mobil ASAP. They quickly did so, but
for a paltry, $225 million. That’s
about 2½ cents-on-the-dollar. In addition, due to some new language that
the Christie administration had snuck into the state budget, the first $50
million of any environmental settlement will go toward the environmental
programs. All the monies above that
amount will be used to fill the voids in the state’s General Fund.
Ta-Da,
now that’s how one balances a state’s budget without raising taxes.
As it turns
out, another New Jersey case was settled this very same way last year. As the New
Jersey Sierra Club local director, Jeff Tittel put it, “dirty deeds, done dirt cheap.”
Yes, Christie
has also reduce corporate taxes by hundreds of millions of dollars annually,
primarily by accounting tricks and raiding the state’s rainy-day funds and
other short-sighted gimmicks. He basically sells off the state’s future to
preserve his personal fictional story of being “fiscally responsible”. In
other words, Christie is getting those dollars now for the state, where the
problems he’s causing will end up being those of future New Jersey governors.
From my
point-of-view, should he actually run and become the next US president, this is
all just another thumb-nail example of how Christie would probably try to
handle the nation’s federal fiscal challenges.
Oh, and it
doesn’t stop here!
In a recent Washington Post article, it was made
clear about some of the other short-term fixes that Christie has done to his
state.
Yes, he got
hit hard with the “Bridgegate”
debacle over the traffic issues on the George
Washington Bridge. But the article
stated, “Christie halted construction of
a federally subsidized train tunnel to New York — which would have raised
property values and eased commutes for his constituents — so that he could
instead divert the state’s portion of the funding to pay for bridge and road
repairs without raising gas taxes. If Christie indeed wanted to cause “traffic
problems in Fort Lee,” as a top aide wrote in a notorious e-mail, the tunnel
cancellation was a much more enduring way to achieve this. He has
also axed state funding for family planning, even though such spending prevents
much larger costs later on, when the state must help foot the bill for poor
women’s unplanned pregnancies.”
No, Christie
isn’t the only Republican governor to pull these fiscal shenanigans. Many conservative governors, such as Governor
Scott Walker of Wisconsin and Rick Snyder of Michigan, have sold off valuable
assets at bargain prices for solving short-term financial issues. But if Christie continues his so called “fiscal moves”, he will leave New Jersey
as a major fiscal wreck after he is long gone.
Future voters
beware. Things in New jersey really are
as bad as they seem.
Copyright G.Ater 2015


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