Never Kiss Ass to the Press . . . Like to Drink . . . Had A Sarcastic Irish Wit Which He Shared With Everyone . . . Was Not GQ . . . Breslin Called him Society Carey
Yet everyone is telling us that this guy was a great governor and Indispensable In City's '70s Fiscal Crisis Before Taking on Albany, Raising 14 Children in 1960s Brooklyn(NYT) * Bickering politicians could learn from former Gov. Hugh Carey(NYDN) * Dad's financial woes pushed Carey to fix NYC: biographer(NYDN * For Bill Hammond, Carey’s legacy as a House member highlights the lack of bright lights in the state’s current congressional delegation.* The funeral for former New York Governor Hugh Carey will be held on Thursday (NBC)
Sex Ed Back
NYT EXCLUSIVE: NYC to mandate sex ed in schools for first time in a decade(NYT)
Rally cry ends in Dow's massacre(NYT) * Tumult in Global Markets Continues(NYT) * A Wave of Worry Threatens to Build on Itself(NYT) * Why This Crisis Differs From the 2008 Version(WSJ) * Bloomberg Defends S&P's Downgrade Reasoning (WSJ) * Washington pols at fault for debt mess, not S&P, Bloomberg says(NYDN) * States await fallout from federal debt downgrade(WSJ) * Standard & Poor's acts high and mighty to hide low and dirty dealings with Wall Street(NYDN) * As stocks plunge, some say Obama missed chance to revive economy(AMNY) * France has more debt as a percentage of GDP than the U.S. Why no rating downgrade? (Propublica) * Update 2PM Federal Reserve says it will likely keep interest rates at record lows for the next 2 years * Update 4PM - Bipolar Tuesday The Dow closes up over 400 points, or 4%, for the day. Market goes up and down swings 600 points.
One of politics' oldest rules: Run positive if you can, run negative if you must. In bad times, incumbents "must"
Triple-A nation(NYP) * Obama 'hopeful about our future' as Dow Jones plummets(NYDN) * Wall St. panics as Washington dawdles and the wheels come of the economy(NYDN Ed) * Wall Street Experts And Politicians React To Battered Stock Market(NY1) * Rangel: Obama Should Call Congress Back [Video] * A new Marist poll found seven in ten U.S. residents – 70 percent – believe the nation is moving in the wrong direction.* The most powerful man on Earth?(Wash Post) * Withholder in Chief (Dowd, NYT)
No Pol Wants to Deliver the Bad News On How Wall Street Fall Will Hurt NYDuring the 2008 Melt Down 30,000 Jobs Lost on Wall Street and the City and States Pension Costs Climbed Thu the Roof
The specific impact of the federal fiscal troubles on New York and its municipalities remain unclear, but higher interest rates could be in the offing for the state and local governments.*State employees on the cusp of retirement have a longer life expectancy than originally projected, but it’s unclear what that will do to insurance costs.* How will the S&P downgrade affect New York and its municipalities? They are concerned (Gannett Albany) A Pol or Comptroller? DiNapoli optimistic in Wall Street crisis(NP)
Rape Cop Goes to Jail
Yes! Hero jurist KO's cop's excuses(NYP) * Ex-Officer in Rape Case Gets Jail Term for Misconduct(NYT) * After Acquittal in Rape Case, a Prison Term(WSJ) * Disgraced cop Kenneth Moreno in cuffs is jarring spectacle(NYDN)* Ex-cop Kenneth Moreno, cleared of rape, gets one year in jail(NYDN) * Criminal ex-cop Kenneth Moreno gets off easy with a jail sentence that is too light(NYDN Ed) * NY1 Exclusive: Juror In Trial Of Former NYPD Officer Acquitted Of Rape Speaks Out
NYP: Cuomo & Christie Bait-and-Switch On Tolls
Will Christie Be Looked At As A Hero If the Fare Hike is Only $2?
The Post is curious why the Port Authority proposed such drastic toll hikes, when Andrew Cuomo and Chris Christie are almost certain to reject them, arguing that "juvenile" move if it was intended to take the heat off the two governors: Christie slams mayor, PA over toll hikes(NYP) * Um, about those toll hikes . . .(NYP Ed) * Port Authority Toll Hikes Could Open New Congestion Pricing Push (CHN) * Anonymous sources insist both Cuomo and Christie knew for months about the PA’s toll hike plan, despite the fact they claimed to have been blindsided by the proposal.* Toll Hikes: Staten Island lawmakers want to “freeze” current discount and extend them to more bridges. [SI Advance]* Cuomo: Toll Plan A "Non-Starter"(NBC) * Exclusive: Port Authority $1 Billion Toll Hike Was Ruse To Give Governors Cover (WINS) * Neither Cuomo nor Christie has ruled out toll hikes altogether, although Cuomo did call the PA’s proposal a “non-starter” today.
It Takes A Liar to Know a Liar
David Paterson Not Buying Chris Christie's Line On Not Knowing About Port Authority Toll Hikes(NYDN)* So Christie knew but not Cuomo? .. Paterson Not Buying Christie's Line On Not Knowing About PA Toll Hike. (NYDN)
* Cuomo says reports he knew of port authority's plan to hike tolls "not accurate."
Padro's Hard Fall
AP reports that NYS is seeking to revoke the medicaid license for former senate majority leader Pedro Espada Jr. * Pedro Espada accuses Gov. Cuomo of political attacks to poison jury pool of Espada's federal trial; says his clinic was fully cooperating.* Sen. Ruben Diaz Sr., still defending his old amigo, Pedro Espada Jr. and his Soundview HealthCare Network.
Another Corrupt City Contractor . . . Who Has Oversight Over Contracts? Mayor, Comptroller or City Council
The Times reveals another potential city contract scandal: Seedco, a job placement group with $15 million in city contracts, may have forged its clients' job history to squeeze more money out of the city, which in turn may have turned a blind eye:* When Scandal Is Outsourced (NYT)
Who Will Lead the Dangerously Underfunded MTA?
One name not on the 20-member MTA Search Committee announced by the Cuomo administration yesterday? John Samuelsen, president of the 38,000-member TWU Local 100, which currently is in tense contract negotiations with the agency. Samuelsen said no one from the governor's office reached out about the committee, but he didn't sound worried. "Denis Hughes and Vinny Alvarez will do a fine job representing TWU's interests," Samuelsen said, referring to the presidents of the New York AFL-CIO and Central Labor Council, respectively. He accused departing MTA chairman Jay Walder of having "an anti-union bent from day one" and of "holding a gun to the head of transit workers" - and promised Walder's successor will have to deal with a union determined to fight. * Cuomo Forms Search Committee For New MTA Head (NY1)
Mayor Bloomberg’s latest program is a greatest-hits package of failed ideas(City Journal)