Articles Tagged ‘Tom DiNapoli’
Sinking City: Long Beach Faces Deep Financial Troubles
From the sixth floor windows of Long Beach’s embattled city…
Off The Reservation: Political Football
The Republicans are inching closer to control of the New York State Senate. This is less of an ideological victory of sorts than it is an interesting development in the ongoing power-play of regional interests. At stake are redistricting and determining the identity of the “third man” in the room in Albany. For Long Islanders, it’s about money.
Echo Bubble
The federal deficit now stands at $12 trillion. Historic. New York State Comptroller Tom DiNapoli issued a statement warning New Yorkers that the state is “on track to spend $4.1 billion more this year than it will take in,” characterizing this deficit as “irresponsible and unacceptable.” On Long Island we are being squeezed by every taxing authority under the sun. But the government isn’t alone. Homeowners across America are underwater with mortgages they cannot afford and drowning in the highest household debt ratio in history.




