Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (795461)	7/18/2014 12:13:21 AM
From: puborectalis	Read Replies (1) \| Respond to of 1583384

As Gov. Chris Christie crosses the country in coming months as chairman of the Republican Governors Association, he is expected to tout his plans to change New Jersey's indebted pension system and his opposition to new taxes as hallmarks of his economic record. New Jersey's overall performance, though, could provide fodder for sharp political attacks. The state's bond rating is among the worst in the nation. More than 8% of the state's home loans are in foreclosure, according to a May report by the Mortgage Bankers Association. Job growth has lagged behind neighboring states, even as Mr. Christie has pushed aggressive tax and business incentives. More Christie Heads to New Hampshire for Baseball-Themed Fundraiser Mock Movie Trailer for Christie Pension Plan Goes Back Up And after catapulting to national renown in 2011 by promising to fix his state's pension system, the governor said earlier this spring he would forgo about $2.4 billion in promised payments over two years, citing a weak economy. Moody's Investors Service has downgraded the state's debt twice, rating it as the country's second lowest, after Illinois's. More downgrades could be on the horizon, said Baye Larsen, the firm's lead New Jersey analyst, citing the state's weighty pension obligations and slower growth.