No Trusting Politicians

In New Jersey the Unemployment and Transportation trust funds get raided while the Pension trust fund gets shortchanged.  Most politicians here have no respect for the sanctity of a trust when looking to fuel their gravy trains. Though legalese and actuarial flimflam might mask from the willfully gullible some of these maneuvers, a more blatant example of theft by politics played out yesterday.

It may surprise many of those who voted in 2000 to get taxed 1.5 cents per $100 of assessed value annually for 20 years for the acquisition of open space within the county that they were actually voting to pay parks department people outside the regular budget. Yet, according to freeholder Daniel Sullivan:
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That ‘Open Space’ revenue item first appeared in the 2011 county budget and it was $2.35 million. In the 2012 budget it is $2.8 million. In addition the 2012 budget also allocated $5,288,400 for ‘Debt Service – Open Space’ (a recurring item that was $4,164,597 in 2011). Tack on consulting fees and building dog parks and the Open Space Trust Fund money is accounted for without a whiff of open space to be acquired. Here’s the full Q&A from last night:
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4 responses to this post.

  1. Posted by Larry Littlefield on June 15, 2012 at 9:36 am

    Quote from our governor on the “dedicated” transit tax revenues: money is fungible.

    (Unless, or course, it is already going to past debts.)

    Reply

  2. Posted by Anonymous on June 15, 2012 at 9:39 am

    If government employees cant trust politicians why should taxpayers trust them?

    Reply

  3. Posted by briandin on June 15, 2012 at 10:56 am

    Man, its enough to make you want to cheat on your income taxes!

    Reply

  4. Posted by Javagold on June 15, 2012 at 11:33 am

    Sullivan wants to congratulate Taylor for lies and theft of taxpaypayer money. Jail isn’t nearly enough if a punishment.

    Reply

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