Also… did you know that New Jersey lawmakers and Corzine approved $270 million to build five stem cell research facilities in the state – money that they were somehow able to borrow without voter permission.
Very enlightening article by our friends at inthelobby.net
May 2, 2008
He gave Democrats some $652,000 last year –nearly $563,000 to state Democrats and $89,000 to Democratic congressional candidates. In 2006, Corzine gave $869,000 to Democrats and party organizations. Since entering politics in 2000, he has donated more than $8 million to state and federal candidates.
He gave $500,000 to Save Our State NJ, which is his public relations front group that was created to help him sell his 800 percent toll hike plan.
All of these were done with his own money, which is fine. He can spend his money however he wishes, on whatever causes he wishes.
So there Corzine was Thursday, hailing the decision by StemCyte Inc., a California-based stem cell research firm to open a New Jersey office with five people, which they say may someday grow to 12 employees.
In other words, we’ll be paying this company about $80,000 a person every time they hire one of the seven new employees.
“It does seem questionable to be writing checks to companies that are going to hire 12 people when you’re cutting higher education and can’t pay for transportation,” said Jon Shure, president of New Jersey Policy Perspective.
Listen, this company may be a great investment. But when the state is struggling to find money to keep parks open, and is cutting homestead rebates, that $589,000 sure seems like an awful lot of money to be sending to one firm that is creating just 7 new jobs.
But we have another question.
So, is it too cynical to ask whether the governor’s enthusiasm for stem cell research was one of the deciding factors in giving this company a grant?
Did we read that right?
And yet, he can’t wait to go out and bond for another $450 million for stem cell research?
He doesn’t think that will be that long? But aren’t we supposedly more than $30 billion in debt? And isn’t the only debt reduction plan out there his 800 percent toll hike plan, which is supposed to be politically dead?
Read the rest RIGHT HERE