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Posts Tagged ‘new york’

Rick Perry challenges Andrew Cuomo to a debate

by Phantom Ace ( 3 Comments › )
Filed under Conservatism, Democratic Party, Libertarianism, Progressives, Republican Party, Special Report at April 22nd, 2014 - 12:19 pm

The Libertarian leaning Governor of Texas Rick Perry has issued a challenge to NY’s Fascist Governor Andrew Cuomo. In a trip to NY, he wants to debate ideas for job creation. He wants to use stats showing Texas has economically outperformed NY in recent years.

Texas Gov. Rick Perry, who will be arriving in New York this afternoon for a trip trying to lure businesses to the Longhorn State, offered a Texas-sized takdown of Gov. Andrew Cuomo’s record on job creation this morning and challenged him to a debate.

“I’d be more than happy to sit down and have a thoughtful conversation, a debate with Gov. Cuomo over the issues that face us as a state and talk about the economic policies and compare New York to Texas,” said Mr. Perry, speaking on New York Post columnist Fred Dicker’s Live from the State Capitol radio show. “I think that would be not only interesting and fun, but a thoughtful way for us as a country to have a discussion between two of the major states in America, talking about which one of these policies are actually better for our people.”

Mr. Cuomo has made a point of emphasizing tax cuts and job growth as he runs for re-election, but Mr. Perry quickly brushed aside those efforts. Asked about a campaign Mr. Cuomo has been running advertising the state’s new tax-free zones to lure new businesses, Mr. Perry ran through a list of companies that had relocated or expanded into Texas recently, and also pointed to New York’s high net migration rate.

Man up Andrew and take Perry up on his offer.



Why Andrew Cuomo wants Obama to lose in 2012

by Phantom Ace ( 184 Comments › )
Filed under Barack Obama, Democratic Party, Economy, Elections 2012, Uncategorized at July 18th, 2011 - 2:00 pm

Despite the public backing NY Governor Andrew Cuomo gives Barack Hussein Obama, what is whispered in private is different. Many Democratic insiders have notice that Cuomo has expressed only lukewarm support for the Obama Regime. He has tended to keep his distance from Obama and his governing style has been totally different.

Unlike Barack Hussein Obama, Gov. Coumo governs as a fiscal and economic Conservative. He doesn’t engage in demagoguery of businesses or the rich. He has taken on the public sector unions in his state. He has capped property taxes, which has been killing NY economically. He is the UnObama and it actually is in his interest for Obama to lose in 2016.

Will Gov. Cuomo be backing the Republican candidate for president next year?

Certainly not openly. But privately, that could be another matter.

Two nationally prominent Republicans, in an assessment that’s begun being whispered in some Democratic circles, contend it’s in Cuomo’s political interest for President Obama to be defeated next year.

“If I’m Gov. Cuomo, I want to see Obama defeated rather than re-elected in 2012,” said GOP pollster/strategist John McLaughlin, whose New York-based company boasts a top-flight client list that includes House Majority Leader Eric Cantor (R-Va.).

“The question is, ‘Would Cuomo rather run in 2016 against a first-term Republican or in the aftermath of a second term of Obama, the most left-wing president we may have ever seen, with economic policies that harm the private sector with massive tax increases and a homeland-security path that includes hostility to Israel?’ “

McLaughlin continued, “Cuomo has a different, far more moderate, model where he has cut spending, didn’t raise taxes, capped property taxes and hasn’t engaged in the class-warfare, anti-Wall Street rhetoric that the president has used.

Read the rest: Why Andy may secretly root for GOP in 2012

If Andrew Cuomo continues his fiscal and economic policies, he will be very formidable. But the only way he has a shot in 2016, is an Obama defeat in 2012. A 2nd Obama term would be disastrous for the country. It would also make the Democratic brand toxic, so that in 2016 no Democrat can win. If Obama loses, this gives Cuomo a shot in 2016, depending on how the Republican governs.

Don’t expect Cuomo out on the stump for Barack Hussein Obama in 2012.

The Young flee New York

by Phantom Ace ( 1 Comment › )
Filed under Economy, Headlines at May 24th, 2011 - 10:01 am

New York state’s Progressive policies have killed the nation’s once leading job creation machine. Before the great recession, NYers were fleeing the state in droves. Decades of Leftist Democrats and Rockefeller Republicans killed NY’s economic competitiveness. The jobs created in NY now are mostly low wage, with a few high paying jobs. This has shut down upward mobility for young workers and is forcing them to flee.

For more than 15 years, New York state has led the country in domestic outmigration: For every American who comes here, roughly two depart for other states. This outmigration slowed briefly following the onset of the Great Recession. But a recent Marist poll suggests that the rate is likely to increase: 36 percent of New Yorkers under 30 plan to leave over the next five years. Why are all these people fleeing?

For one thing, according to a recent survey in Chief Executive, our state has the second-worst business climate in the country. (Only California ranks lower.) People go where the jobs are, so when a state repels businesses, it repels residents, too.


There’s also more work in Gotham than in the state as a whole. The problem is that the kind of work available shows that the city accommodates new immigrants much better than it supports middle-class aspirations. A recent report from the Drum Major Institute has the data: “The two fastest-growing industries in New York are also the lowest-paid. More than half of the city’s employment growth over the past year has been in retail, hospitality and food services, all of which pay their workers less than half of the city’s average wage.”


The implications of Gotham’s “hourglass economy” — with all the action on the top and the bottom and not much in the middle — are daunting.

America’s economy is rapidly resembling NY. Mostly low wage jobs created and just few high end with no middle wage jobs. This is an unsustainable model.

Blue State Debt Crisis

by Phantom Ace ( 104 Comments › )
Filed under Economy, Elections 2010, Elections 2012, Progressives, Socialism at December 9th, 2010 - 11:30 am

While the media worries about the European debt crisis, there is one looming closer to home. Many Progressive states like California and New York are over burdened with debt. The voters in those two states voted in far left Progressives and continue to support policies that are bankrupting those states. The problem is rooted in the power of the Government Unions. Government workers make 2 to 1 pay vs. private sectors and have cushy pensions, while private workers have 401K’s. These generous salaries and pay are a burden on tax payers. Instead of laying off workers and freezing pay, these Leftist states just raise taxes. The problem is a tipping point and is being reached with disastrous consequences.

The global financial crisis could be heading to a blue state near you: that is the latest grim news from the New York Times:  “Mounting Debts by States Stoke Fears of Crisis.“  Normally a cheerleader for the free spending (in bluespeak, compassionate) policies of the public sector union dominated, high tax, high cost states like California, Illinois and New York, the Times now warns that fiscal ruin could be at hand.

The problem is state debt.  New York, California and Illinois look more like Greece to their bondholders every day.  Since the November elections, investors have been dumping their bonds, and hedge funds are betting against them, perhaps realizing that a Republican House is not going to offer generous, condition free bailouts.


The Times story compares blue state debt to the subprime crisis and the Greek meltdown.  A deeply disturbing graph shows a true panic underway as investors pull money out of mutual funds that invest in municipal bonds even faster than at the height of the market collapse in October 2008.  With as much as $4 trillion in off-the-books pension and health care liabilities, the worst hit states may soon be unable to operate without massive federal support.

The crisis could come much faster than Washington thinks.  States and municipalities sold more than $55.6 billion in debt this November even as individual investors reduced their holdings of mutual funds containing these funds by $5.37 billion in the two weeks ending November 24.  If supply keeps rising while demand sinks, sooner or later prices are going to crash.

If things go wrong in the markets for blue state debt, watch out.  If big blue states like New York, California and Illinois hit a point of market failure when private investors will no longer buy their bonds, Washington will have to decide what to do.  Fast.

It will be ugly, and it will hurt.

Read the rest: NY Times Warning: Blue State Armageddon On The Way

If these states go bankrupt, the Federal government should do nothing. This will test the Republicans to prove that this time, they will stand by their convictions. If the GOP elite back a bailout of states as they did TARP, the Republican Party will cease to exist and a New Center Right one based on fiscal discipline will replace it.

Voters in California, New York and Illinois must face the consequences of their votes. They wanted Progressive policies, well deal with the result!

No bailouts for states.