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Albany – Robbing from Paul to pay Paul

June 21, 2010

Albany – Robbing from Paul to pay Paul
June 16th 2010

Albany’s pension Ponzi is now complete. In a very creative budgetary sleight-of-hand they decided to make obligated payments to the State’s pension plan…  By borrowing from that very same plan.  Clearly, they are now praying they can hold it together until the November elections.

Regrettably, many New Yorkers who work for the state are never going to receive their promised wages or pensions.  While I am sympathetic, I also have to point out that taking a career politician at his or her word is asking to be screwed over.

But given the magnitude of this problem, what can be done?

If I was governor (with emergency powers), I would immediately:

– Slash all expenditures by 10%, looking to cut them by 25% total. 

– Privatize everything possible.

– Retroactively change pensions, calculating them by the average wage over the worker’s career (to correct for ‘stuffing’ the last year with excess overtime). 

– Replace state pensions with 401ks .

– Direct the state pension fund and general fund to immediately allocate 10% of its resources in physical gold and silver – before every other state catches on that this is the only asset that is likely to retain its value .

– Create a task force to uncover state fraud

– Start a New York State charter bank and return control of financing projects to the people of NY.

– Simplify the tax code.

– Meet with business leaders to uncover what legislation impedes job creation and remove it.

– Negotiate a pay cut for public unions, and if they were unwilling to be reasonable, fire them all – and rehire them at a rate we can afford.

– Decriminalize (not legalize) marijuana, so that it would still be kept off the streets, but pot smokers would pay a stiff fine instead of facing jail time and a criminal record.

– Re-open our two shuttered nuclear power plants and bring them back online using thorium, a safer, cleaner, abundant, and peaceful type of nuclear energy; financed by bonds secured by the future power production of these plants.

…And that’s just for starters.

Since I am not governor, but a mere candidate for State Assembly (district 61, Libertarian party), and since Albany is unlikely to change course until they are forced by a system collapse, I urge New Yorkers to take steps and protect themselves. 

When New Yorkers go to the polls this November, I urge them to vote Libertarian.  Staten Islanders can send a powerful message by sending me and my running mates to Albany.  We might not be able to bully or bribe them into doing what is right, but we will get in their faces, we will get them on record, and we will put them on notice.

Because they will know, deep in their guts, that we’re only the first guys over the wall…  And many more will follow.

Faithfully yours,

Dave Narby

Libertarian Party candidate district 61, Staten Island

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