As written by Dave Narby, 2010 Candidate for State Assembly (61st District), and printed in the Staten Island Advance, June 20, 2010:
Albany’s pension Ponzi scheme is now complete. They have decided to make payments to the state’s pension plan… By borrowing from the plan (“State Plan Makes Fund Both Borrower and Lender,” The New York Times, June 11, 2010). They are praying they can hold it together until the November election.
The state is bankrupt, but what can be done? If I were governor (with emergency powers), I would:
- Slash all expenditures by 25 percent;
- Privatize everything possible;
- Replace state pensions with 401ks;
- Direct all state funds to allocate 10 percent of resources to physical gold and silver;
- Create a task force to uncover state fraud;
- Start a New York State charter bank and return project financing to the people of New York;
- Meet with businesses to uncover job-impeding legislation and strike it;
- Work with public unions to find an alternative to imminent massive layoffs.
And that’s just for starters.
Since I am not governor, but a mere candidate for State Assembly (Libertarian Party, District 61), and since Albany is unlikely to change course until they are forced by a system collapse, I urge New Yorkers to seriously reconsider the elective status quo this November.
To find out more about Dave Narby, go to http://www.statenislandlp.org/2010-candidates/dave-narby.
The Staten Island Libertarian Party is at once thrilled and grateful to officially announce three new appointments.
Jennifer DeSanctis-Narby has been appointed Communications Director. She will be the gatekeeper of all external press and party materials, provide editorial review and fact-checking, and coordinate both print and online copywriting.
Ralph Bencivenga has been appointed General Campaign Coordinator. He will work with individual campaign managers to schedule candidate appearances and general campaign events, and will help train and coordinate volunteer support efforts.
Tom C. has been appointed Recruitment Manager. Using academia as a base of operations, Tom will work to promote general awareness, build general membership for the chapter, and recruit volunteers for the general campaign. He will also help to develop additional online and broadcast opportunities.
We look forward to our continued success with our new appointees as we being the political campaign season.
Albany’s pension Ponzi is now complete. In a very creative, budgetary sleight of hand, the powers that be decided to make obligated payments to the State’s pension plan—by borrowing from that very same plan. Amazingly, robbing from Peter to pay Paul wasn’t foolhardy enough for the esteemed legislature in Albany. They have taken it one further; they are now robbing from Paul to pay Paul.
What does this mean for Staten Islanders? New York State is broke, busted, bankrupt, tapped out. In brief: We are out of money. Our obligations wildly exceed our intakes. The deficit is literally astronomical: $9,200,000,000 and it’s predicted to swell to $15,000,000,000 by next year. To put that into perspective, Pluto is “only” 3,666,000,000 miles from the Sun. Given the inability of Albany to face the math, things are clearly going to grind along until the whole system experiences a catastrophic failure.
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.
Clearly, they are now praying they can hold it together until the November elections. 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.
– Work with the public unions to find an alternative to imminent massive layoffs.
– Re-open our two shuttered nuclear power plants and bring them back online using thorium, a more safe, clean, 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), and since Albany is unlikely to change course until they are forced by a system collapse, I urge New Yorkers to seriously reconsider the elective status quo this November.
Libertarian Party Candidate, District 61, Staten Island
FOR IMMEDIATE RELEASE
Ed Stehlin, Chairman
Staten Island Libertarian Party
Island Libertarians Announce 2010 Candidates
Media Night Wednesday, June 9th
STATEN ISLAND, NY, June 10, 2010 – The Staten Island Libertarian Party announced that they will be running four candidates in the 2010 elections, covering New York’s 13th Congressional District and three New York State Assembly Districts.
The chapter, officially recognized by the Libertarian Party of New York in April 2010, has already begun reaching out to the community to raise awareness of their candidates and their party’s platform. Richard Bier, the group’s Vice-Chairman, says the party counts the ideals of individual liberty, limited government, free markets, and state’s rights as the cornerstones of their political platform.
For more information, visit the Staten Island Libertarian Party’s web site at www.statenislandlp.org, or email email@example.com.