Mike Shedlock

New Jersey governor Chris Christie has me laughing today with a pair of interviews. Please consider Governor Christie's Advice: Don't Send It To Them In The First Place

Now, some in this chamber may want to return to the days of outrageous state spending growth. To gimmicky programs that take money out of the taxpayers right pocket, and have Trenton keep most of it. Then return far less of it in their left pocket, take a bow and call it tax relief.

Now, New Jersey has seen 30 years of this as Trenton's solution to fix property taxes. It never has fixed a problem and it never will fix the problem. And New Jerseyans will not fall for the same old Trenton politicians' trick again.

We know that the only way to ensure that Trenton politicians will not waste your money is to not send it to them in the first place.




Chris Christie to Warren Buffet

In a CNN interview on Tuesday, Christie has this message for Warren Buffett "write a check and shut up"

Famously outspoken New Jersey Governor Chris Christie says he's "tired" of making the discourse surrounding tax reform all about Warren Buffett - and that if the billionaire investor wants so badly to pay more taxes, "he should just write a check and shut up."

In a CNN interview on Tuesday, Christie sparred with Piers Morgan over the issue, arguing that, as governor, he's "not going to let the most vulnerable suffer." But the Republican governor added that he also is "not going to get into this class warfare business, where certain people are more important than others or deserve more attention than others."

"I'm so tired of talking about Warren Buffet. What are you going to bring up next, his secretary?" asked Christie on CNN.

"He should just write a check and shut up," Christie said, later on in the interview. "Really, and just contribute, OK? I mean, you know, the fact of the matter is that I'm tired of hearing about it. If he wants to give the government more money, he's got the ability to write a check, go ahead and write it."

Christie said that in New Jersey, he's proposed lowering tax rates for everyone, even the highest earners.

"What we're doing here in New Jersey is everyone will get a 10 percent tax cut. Everyone will get their taxes reduced," he said.

If you start sending government more money, I guarantee you politicians will find thousands of ways to waste it.

Christie will be on CBS' "Face the Nation" on Sunday, Feb. 26. It should be entertaining.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.