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New Jersey Ranks Worse in Fiscal Health then Bankrupt Illinois

July 26,2017

the staff of the Ridgewood blog

Ridgewood NJ, The fiscal health of America’s states affects all its citizens. Indicators of fiscal health come in a variety of forms—from a state’s ability to attract businesses and how much it taxes to what services it provides and how well it keeps its promises to public-sector employees.

The Mercatus […]

By |July 26th, 2017|Trenton|1 Comment

RACE TO THE BOTTOM: NJ RANKED DEAD LAST OF ALL 50 STATES FOR FISCAL HEALTH

JOHN REITMEYER | JULY 18, 2017

Persistent underfunding of public-employee pension system looks to have been a key factor in dismal showings in state-by-state comparisons

New Jersey’s chronic budget problems have brought on a series of credit-rating downgrades in recent years, and now the state has landed in dead last place in two recent reviews of the […]

By |July 18th, 2017|Trenton|12 Comments

Best-Run States Are Low-Tax Republican, Worst-Run Are High-Tax Democratic, Study Finds

JOHN MERLINE
7/11/2017

Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in.

According to the latest ranking of states by the Mercatus Center at George Mason University, the most fiscally […]

By |July 12th, 2017|Trenton|3 Comments

New Jersey playing the lottery with pension plan

July 9, 2017 at 3:00 AM

One day before the June 30 budget deadline, when all eyes were focused on the controversial Horizon Blue Cross Blue Shield of New Jersey bill, state lawmakers pulled off a remarkable sleight of hand.

Quickly and quietly, with little to no outside analysis, the Legislature approved Gov. Chris Christie’s unprecedented plan […]

By |July 10th, 2017|Pension Crisis|1 Comment

Study: N.J. is the least patriotic state in America (again)

BY BRIAN HICKEY
PhillyVoice Staff

There are a few ways to look at the “2017’s Most Patriotic States in America” study released by WalletHub on Tuesday.

One would be to frame it as an edict that the “least patriotic states voted for Hillary Clinton” as a conservative outlet did a few hours ago.

That’s all well and good, I […]

By |June 28th, 2017|Bergen County|2 Comments

Bergen County, New Jersey, Man Sentenced To 46 Months In Prison For $1.5 Million Ponzi Scheme

June 25,2017

the staff of the Ridgewood blog

Lyndhurst NJ, A Lyndhurst, New Jersey, man was sentenced today to 46 months in prison for fraudulently obtaining over $1.5 million from approximately 100 victims prior to high-profile initial public offerings (IPOs), Acting U.S. Attorney William E. Fitzpatrick announced.

Omar Hafez, 25, previously pleaded guilty before U.S. District Judge William […]

By |June 25th, 2017|Bergen County|2 Comments

Co-working takes off in suburban New Jersey

Shared work spaces skew older in Garden State communities

Co-working companies are gaining a toehold in suburban New Jersey, fed by demand from members who have left the corporate world and large companies who want to provide employees flexibility.

While the co-working movement, led by industry giant WeWork, is established in cities across the world, it’s gaining […]

By |June 20th, 2017|village of ridgewood|0 Comments

N.J.’s move to legalize marijuana has begun. Here’s all you need to know about it

Updated June 19, 2017
Posted June 19, 2017

By Susan K. Livio | NJ Advance Media for NJ.com

Although a topic in Trenton for three years, the campaign to legalize marijuana in New Jersey officially begins Monday when a Senate committee will discuss how the potentially billion-dollar  industry should be regulated.

So what will it take for you to […]

By |June 20th, 2017|Bergen County|2 Comments

Home bakers in New Jersey stew over country’s last ban

Home bakers in New Jersey stew over country’s last ban

By Josh Cornfield | AP June 18 at 12:09 PM

TRENTON, N.J. — There’s only one thing preventing baker Mandy Coriston from selling the Irish soda bread she makes from her great-grandmother’s recipe inside her old cast-iron skillets: She lives in New Jersey.

New Jersey is now the only state […]

By |June 19th, 2017|village of ridgewood|1 Comment

New Jersey: Family’s Report Thwarts Pressure-Cooker Bomb Plot

June 12, 2017
the staff of the Ridgewood blog

Point Pleasant NJ, A Point Pleasant (Ocean County) man faces federal terrorism charges after a family member notified law enforcement of his erratic behavior—underscoring the role friends, relatives, and close associates play in countering violence. According to authorities, Gregory Lepsky plotted to build a pressure-cooker bomb and detonate […]

By |June 14th, 2017|Homeland Security|2 Comments