Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

New York State’s Fiscal Reckoning - Long addicted to massive Wall Street revenues, Albany faces...
City Journal ^ | Autumn 2008 | E. J. McMahon

Posted on 11/29/2008 7:03:24 PM PST by neverdem

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-44 next last

1 posted on 11/29/2008 7:03:25 PM PST by neverdem
[ Post Reply | Private Reply | View Replies]

To: neverdem

where is one of those tiny violins?


2 posted on 11/29/2008 7:05:47 PM PST by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

It’s the spending, Stupid.


3 posted on 11/29/2008 7:07:38 PM PST by stevem
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem
And so if the ‘intellectuals’ of NY had any intelligence at all, they'd learn the same lessons that have been taught wherever Socialism has been tried. Socialism is parasitic. It does not generate its own wealth, only leeches off of those that do. When they lose their revenue, they can either privative, communize, or take over the wealth and resources of other nations.

Socialism is nothing more than a crossroads.

4 posted on 11/29/2008 7:11:21 PM PST by Ghost of Philip Marlowe (Speak up, fight back, even if your voice trembles and your knees shake.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MrEdd; neverdem

Someone fax me a crying towel...


5 posted on 11/29/2008 7:12:57 PM PST by 2ndDivisionVet (Barack Obama: In Error and arrogant -- he's errogant!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: neverdem

Chuck Schumer was instrumental in helping Barney Frank loot Fannie Mae and Freddie Mac to fund their affordable housing subsidies for the poor.


6 posted on 11/29/2008 7:15:15 PM PST by Brilliant
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem
New York- will not cut taxes, will not stop spending, believes it is entitled to endless supplies of cash, like a addict, hooked things will get worse. Going after the Indians for their taxes is coming, people will get killed.

This is what you get with Democrats.

7 posted on 11/29/2008 7:17:47 PM PST by reefdiver (How do you keep the Conservative a Conservative, in Washington DC ?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

Perhaps this is another reason the SoS position looks attractive to Hillary? Quit the NY Senate seat before the SHTF and not be held responsible.


8 posted on 11/29/2008 7:17:47 PM PST by OCC
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

Whatever needs to happen, won’t. States will take their cues from the fantasy land that is the Federal Government.


9 posted on 11/29/2008 7:18:18 PM PST by rbg81 (DRAIN THE SWAMP!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

this is why a progressive tax system isn’t just a disincentive to growth, it is simply not fiscally responsible to rely on a few people for most of your revenue. The ideal tax system should have the broadest tax base possible with the lowest rate.


10 posted on 11/29/2008 7:18:53 PM PST by ari-freedom (Conservatives solve problems. Libertarians ignore problems. Liberals create problems.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

When I visit friends in NYS I notice the everyone works for the government one way or another, or is disabled.


11 posted on 11/29/2008 7:25:56 PM PST by sickoflibs (McCain asks: "Did you stupid conservatives really believe me? HA-HA-HA")
[ Post Reply | Private Reply | To 1 | View Replies]

To: MrEdd

So there is an upside to recession.


12 posted on 11/29/2008 7:27:12 PM PST by Tublecane
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet

Fear not NYS! With the new administration, Hillary will bring the 250,000 high paying jobs and industry as promised, and things will improve. LOL!!


13 posted on 11/29/2008 7:28:40 PM PST by Bringbackthedraft (Dems fear the return of Mrs Cleaver.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: neverdem

Neighboring New Jersey, another state owned and operated by the education mafia, is likely to be hit nearly as hard as New York. I just hope the scumbags who flee those two states don’t come to Pennsylvania and bring their Democrat voting habits with them. We have enough of that garbage here already, thank you. I wish we could build a wall.


14 posted on 11/29/2008 7:30:32 PM PST by Lancey Howard
[ Post Reply | Private Reply | To 1 | View Replies]

To: sickoflibs
When I visit friends in NYS I notice the everyone works for the government one way or another, or is disabled.

Yes and now you cab add wall street to the list of government employees.

15 posted on 11/29/2008 7:30:49 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: MrEdd

tiny violins for NYState of course, along with that $21,000.00 oriental rug for the GUV’s mansion?
what is it with people,huh?


16 posted on 11/29/2008 7:32:00 PM PST by MissDairyGoodnessVT (Good Morning Mr & Mrs Scooter and All The Ships At Sea)
[ Post Reply | Private Reply | To 2 | View Replies]

To: sickoflibs

You mean that greed is not limited to the guys on Wall Street?


17 posted on 11/29/2008 7:41:47 PM PST by RobbyS (ECCE homo)
[ Post Reply | Private Reply | To 11 | View Replies]

To: rbg81

The New York State worker, whether he or she is a teacher, fireman, police officer, sanitation worker, bureaucrat, etc.., will now have to make sacrifices in order to keep his or her job. The first thing to go should be their pensions, these should immediately convert to 403b’s. They will have to pay more into their healthcare. No retirement after 20 years of service, it is not actuarily sound to pay someone who is 45 years old a pension for 40 more years when they didn’t even pay in for their first 20 years of service. If they retire and move out of NY state, they must pay an additional tax on their pension, since they are no longer adding to the NY economy. These are all things that have to be done now in order to reduce the future pain we NY taxpayers will have to endure later.


18 posted on 11/29/2008 7:43:14 PM PST by inspector
[ Post Reply | Private Reply | To 9 | View Replies]

To: org.whodat

LOL, or disabled


19 posted on 11/29/2008 7:43:56 PM PST by sickoflibs (McCain asks: "Did you stupid conservatives really believe me? HA-HA-HA")
[ Post Reply | Private Reply | To 15 | View Replies]

To: RobbyS; org.whodat

RE ‘You mean that greed is not limited to the guys on Wall Street?’

Government workers and recipients are not considered greedy but compassionate. Dont you know the true compassion can only come from taxes? forced redistribution? Ask 1980s dem governor Coumo.


20 posted on 11/29/2008 7:52:09 PM PST by sickoflibs (McCain asks: "Did you stupid conservatives really believe me? HA-HA-HA, wait til 09")
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-44 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson