NJ Libertarian Blog
Imported from NJ Libertarian News from the published feed
Proposal number five of Karl Marx’s Communist Manifesto was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.” This is exactly what our central bank, the Federal Reserve, has now done. Anyone who thinks we are still a capitalist country needs a reality check. We haven't been a capitalist country since FDR and the New Deal. It is ironic that Bush and the republican "free marketeers" have dealt the final blow.
The House narrowly defeated a bill to “rescue” Wall Street today. The question is, what does this mean to the average American?
First of all, congress rejected the concept that the government will be responsible for renegotiating homeowner mortgages that were made by banks which thought they could sell off those loans and take no risk. Investors in such financial instruments that are backed by mortgage payments and other revenue streams, such as credit card receivables, will be wary of taking on such risk in the future. Insurers who promised restitution to these investors will no longer be so certain that these financial instruments are somewhat recession-proof.
Solar panel installation companies are laying off workers and NJ residents are waiting years for solar panels to be installed on and around their homes. Why? Because NJ has a rebate program to promote clean energy but they don't have the money to back it up. These installation companies have to wait years to get checks for work that they are doing and they can't afford to install solar panels and not get paid for their work. There are over 700 applications for solar power rebates still backlogged and now NJ is going to have to pull the plug on the program. And it gets even worse... they are funding this failed program with a tax on every one's utility bill! So as the price of oil is going up the NJ government is trying to promote clean energy use by making electricity more expensive? This does not compute!
If you haven't seen it yet please go check it out. You can find it at www.bobbarr2008.com.
Assembly Speaker Joseph Roberts (D-Camden) authored the most recent bill that modified NJ's current housing policies. It passed in the senate yesterday by a vote of 21-16. One of these changes was to stop municipalities from paying poor cities to take on the burden of offering affordable housing on their behalf. Half of these Democratic senators must be in the pocket of the developers because that is the only reason I can think of behind these types of bills.
The City of Newark is spending $9,300 to offer etiquette classes to its citizens. This is the kind of absurdity that is hard to laugh at. Not only is this an insult to the people of Newark but also a wanton waste of taxpayers' money that could go to something much more useful and necessary. Table manners will not help add jobs to the city of Newark.
Jeffrey Conway, a man who protested at an Orange town meeting, was found innocent of any charges that could have been brought against him. For months the town government has been going after him in court, and for what? He held up a sign the size of a regular sheet of paper in protest against Mims Hackett, the mayor of Orange. For holding up a sign and refusing to put it down he was hauled away to jail despite the fact that other people were also holding up signs and that he was just practicing his first amendment right.
Here is the news article.
The NJ school system was in the news today for a couple of reasons. One, Corzine wants to borrow $2.5 billion to restart school construction across the state. Two, NJ schools have received very poor marks on tutoring and transfers. There is very few options for students in bad schools who are not performing well. The New Jersey mentality is that to have a good education you need to tax the living hell out of your residents and borrow billions of dollars and since the children are our future there is no limit in the amount of money we should spend. This is a false prophecy that only serves to enrich bureaucrats and provide jobs for politicians to give away as gifts to campaign henchmen and loyalists.
Andy Unanue is dropping out and being replaced by Dick Zimmer, a former Republican Congressman who currently works in DC as a lawyer and lobbyist. Is a DC lawyer/lobbyist what we are looking for in a candidate. No. That kind of record doesn't exactly scream "reformer". He got beat out by Rush Holt about a decade ago while under fire for some suspicious activities.
Atlantic City is currently trying to pass an ordinance that would limit smoking in casinos to smoking lounges where there can't be any slot machines or gambling tables. Right now a compromise exists between the city and the casinos where no more than 25% of the casino floor can allow smoking. Many vices exist under the same roof in the casino and somehow smoking is seen as the worst of them.
In NJ where the subsidized health care system is riddled with holes and workers' compensation is managed by incompetent jurists; the huge bureaucracy that is the NJ state government is now supposed to take responsibility for another program which will inevitably be riddled with holes and bogged down by incompetence and laziness.
I saw a dirty white jeep pull over another car for speeding. Two men wearing black shirts with "Police" in white lettering across the front and back step out and walk over to the other car and get his license and registration. When I first saw the white jeep I was thinking to myself "This can't be an undercover cop." I was probably wrong but the risk is still there.
The North Carolina Libertarian Party has collected approximately 102,500. North Carolina requires 69,734 for ballot access for the presidential election. If the petition is found to be valid then this will be the largest numerical ballot access hurdle that any new or minor party has overcome since 1995, when the Reform Party and the Natural Law Party both complied with California?s requirement of 89,007 registrations.