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Are You Serious? »

[3 Feb 2009 | Comments Off | ]
Are You Serious, (Statewide Elected Official)?

There’s really nothing quite so annoying (aside from your boss) as Albany’s A-team proclaiming themselves “great” leaders for solving some terrible crisis or another when they in fact do nothing of the sort.
Today’s episode features absurd statements from Democrats and Republicans alike after the Democratic majorities of the Assembly and State Senate reached an agreement with the Democratic Governor to close a $1.6 billion gap in the current budget (which ends in less than two months).
The agreement essentially avoids almost any of hard choices by using more than $630 million …

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Skeptical Eye »

[2 Feb 2009 | Comments Off | ]
Stimulus $$ Won’t Save MTA

Even with the Feds potentially spending about $15 billion on mass transit in the next 18 months, the MTA’s proposed big fare hikes and service cuts would still have to happen according to MTA insiders.
That’s because while the amount of money in the stimulus bill for mass transit seems to grow every day, the money is for capital programs — building stuff — not operating systems already up and running.
Last week transit money in the stimulus jumped from $9 billion to $12 billion just before the House passed it’s version. …

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Skeptical Eye »

[30 Jan 2009 | Comments Off | ]
Will Albany Get Off the Hook Again?!?

While we all wait to see exactly what the US Senate comes up with for it’s version of the stimulus package it seems certain that the total amount will easily blow way past the $819 billion House plan which passed Wednesday. So what will it mean for New York? Especially the state government which is facing a $15.4 billion budget gap?And what about New York City where Mayor Bloomberg is unveiling his doomsday budget today?
Monetarily Sen. Chuck Schumer calculates the state and cities will get roughly $15 billion over the …

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