Posted on 01/14/2016 9:04:13 AM PST by C19fan
New Jersey lawmakers have proposed expanding the stateâs oversight of Atlantic Cityâs troubled finances, sparking outrage from local leaders who say they are already under heavy state control.
Atlantic Cityâs budget and administration have been subject to approval by a state monitor since 2010, and an emergency manager has overseen the cityâs day-to-day finances for the past year.
(Excerpt) Read more at wsj.com ...
This will work as well as the feds running the Bunny Ranch in Nevada.
I had the idea the $ went to the cassions first, then the state and what was left over the city got. The one time I was there it was remarkable how run down it all was exc for the Boardwalk.
It must be Trump’s fault...
Atlantic City - the “Ghetto by the Sea”
Who ISN’T facing a state takeover??
Any state should be able to do what it wants.
HOWEVER, they then shouldn't go whining to the feds for money when they crash and burn...or be annoyed at the apron strings that will always bind them to Mommy FED Dearest.
What does Christie have to do with this and how does it impact on Trump?
Trump (to Doughnut Boy): “I might have bankrupted two businesses, but you’ve bankrupted a WHOLE CITY.”
Not initially. Once the state saw how AC was becoming attractive again, they started siphoning off the money, shafting AC.
Gotta let off the steam in Newark and Camden, not to mention lining the pockets of those commuting to Trenton.
Who'd've thunk it.
Without Nucky the Boardwalk Empire is rotting away.
Smokers need to stay in hotel rooms and eat in restaurants too.
Will the creepy Fox people try to smear Krispy and Trump with this?
Attractive and AC dont seem to go together. I would have never asscoiated the two. ;) In fact most of NJ is a dump.
Where does Chris Cristy stand on this issue ?
Ow
Trump has been out of AC for over a decade. Made money on the pull out iirc
“Trump has been out of AC for over a decade.”
Actually I think going on seven years, not yet a decade.
He still has a stake but did sue recently to have his named removed, which Trump Entertainment sees as breach of contract.
I went there once or twice as a kid, late 1960s.
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