I wanted to see the video to make sure it wasn’t some tongue-in-cheek comment. It wasn’t.
” If you can’t be a good example, then you’ll just have to be a horrible warning”
~ His Burial Too (c) Catherine Aird 1973
Three months after a roadmap to resolution of the pension problem in New Jersey was released we are at a standstill. An njspotlght story updated what is going on (or more accurately not going on) and ended with this quote:
“It’s really not in anybody’s interest to have the state become insolvent,” Byrne said. “Whether we like it or not, we’re all in this together.”
Leaving aside the question of what insolvency would look like there is an obvious public purpose served by having New Jersey go insolvent.
Thanks to the New Jersey Herald youtube site that uploaded the video of yesterday’s town hall in Sparta that revealed much about the governor’s propaganda campaign to reform pensions. Below are the excerpts from that meeting that deal with pensions and benefits starting with the stump speech:
Hopefully there will be video soon of the entire town hall meeting in Sparta today at which Governor Christie made that and other comments on the Pension and Benefits system in New Jersey, some of which were reported by politickernj a couple of hours ago:
There was a lot of discussion last week on United States Trust Co. v. New Jersey 431 U.S. 1 (1977) and not only in New Jersey:
When you want to remain consistent in an argument occasionally you wind up in some silly positions. So it is with the state of New Jersey in their arguments in the pension payment case (now online) when they claim that the state can make employees contribute unlimited amounts to fund their own pensions and that union contracts can be ignored: