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Originally Posted by bjkeefe
And this part (emph. added) is especially rich...
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The whole article is overflowing with rich moments:
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In exchange for $260 million tax-increment financing from the New Jersey Economic Development Authority for the $2 billion project, the state will collect 20 percent of the revenues, he said.
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The state is going to retain a 20% ownership stake in a private industry? That's communism!
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To the cheers of hundreds of construction workers at the site, the Republican governor said he was pleased to announce work would resume for the first time in two years.
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I love how he "
bussed in" a "bunch of Christiebots" to the signing ceremony.
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The governor's office said the project will create more than 10,000 jobs.
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Oh, that can't be right. We just spent 2 years with Republicans telling us in no uncertain terms that
government can't create jobs.
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"If you're satisfied with what's going on in Atlantic City now, you won't like this," Christie said at the signing. "If you're satisfied with what's going on in Atlantic City now, you need your head examined."
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Yeah, that's what the private sector needs: big government telling it what to do. Christie actually says you would need to have your head examined if you thought that the private sector could get by without taxpayer funded bailout and Christie's socialistic power-grab takeover.
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The legislation establish the Atlantic City Tourism District, as well as make changes to the Casino Reinvestment Development Authority, and broaden its powers.
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Broaden its powers?
OMG it's a POWER GRAB!!!!