“Give me a break, we are working together.”

In Breaking News by Hal PetersonLeave a Comment

A comment made by Richard Bamberger, a spokesman for Gov. Cuomo when it was revealed that “Democratic administration ghostwriters” were e-mailing to business advocacy groups achievement   quotes that they were encouraged to use. Two organizations were involved, one called “Unshackle Upstate,” acquiesced and issued the following statement: “For two years in a row, Governor Cuomo has shown New Yorkers, that …

J.P. Morgan advises select clients of massive underfunded pension liabilities

In Breaking News by Hal PetersonLeave a Comment

J.P. Morgan Chase just advised it’s clients that they hold 15.1 million shares in the New York State Common Retirement Fund and 10.7 million shares in the New York State Teachers’ Retirement System currently valued at over $237 billion. They also reported extremely serious shortfalls in funding of state and local pension systems, that if not addressed, could have a …

The Governor Will Now Take Your Question

In Breaking News by Hal PetersonLeave a Comment

Last September, Governor Andrew Cuomo set up a web site to field questions from New Yorkers. Hundreds of inquires were posted. Six months later, sixteen innocuous questions were actually answered. When asked why so little, the governor’s spokesperson commented “he answered as many as possible.” In fairness to the governor today’s issues are too contentious and complicated to deal with …