Comments on: Toll Hikes Coming to N.J. Turnpike, G.S. Parkway, A.C. Expressway, and Route 440 http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Tue, 29 May 2012 02:26:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: steveeyv http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-138735 steveeyv Mon, 03 Mar 2008 01:27:10 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-138735 Want to know who's really behind this? Goldman Sachs. Here are a few good articles to read; #1 is about Mark Florian he works for a company called Goldman Sachs seems he's traveling around the country talking Governor's into selling their assets, sound familar? #2 is about you guessed it Goldman Sachs again, seems they help liquidate this company, you have to read it to believe it. #3 is about the first genius Governor to come up with this plan and he touted it as a 10 year plan to help build roads and bridges and not even 1 year later they announced they don't have enough money to do it. #4 is about Goldman Sachs and conflicts of interest. 1-Click on the link below to read about Mark Florian from Goldman Sachs advising Governors to sell their roads for a fire sale price! http://www.motherjones.com/news/feature/2007/01/highwaymen.html And here's a good one to read! Montana Power Company deal brokered by Goldman/Sachs http://www.cbsnews.com/stories/2003/02/06/60minutes/main539719.shtml Indiana doesn't have enough money for their 10 year plan, didn't quite make 1 year. http://www.wthrcom/Global/story.asp?s=6280907 This is the best one; http://salon.glenrose.net/default.asp?view=plink&id=5638 Want to know who’s really behind this? Goldman Sachs.
Here are a few good articles to read;
#1 is about Mark Florian he works for a company called Goldman Sachs seems he’s traveling around the country talking Governor’s into selling their assets, sound familar?
#2 is about you guessed it Goldman Sachs again, seems they help liquidate this company, you have to read it to believe it.
#3 is about the first genius Governor to come up with this plan and he touted it as a 10 year plan to help build roads and bridges and not even 1 year later they announced they don’t have enough money to do it.
#4 is about Goldman Sachs and conflicts of interest.
1-Click on the link below to read about Mark Florian from Goldman Sachs advising Governors to sell their roads for a fire sale price!
http://www.motherjones.com/news/feature/2007/01/highwaymen.html

And here’s a good one to read!
Montana Power Company deal brokered by Goldman/Sachs
http://www.cbsnews.com/stories/2003/02/06/60minutes/main539719.shtml

Indiana doesn’t have enough money for their 10 year plan, didn’t quite make 1 year.
http://www.wthrcom/Global/story.asp?s=6280907

This is the best one;
http://salon.glenrose.net/default.asp?view=plink&id=5638

]]> By: Figgy http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-134943 Figgy Wed, 30 Jan 2008 23:31:16 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-134943 According to the toll calculator on the turnpike website: Exit 7A to 13 (Great Adventure to Elizabeth/Staten Island) the toll is $2.15 one way - Round trip $4.30 In 2010 raise to 6.45 RT/wkly 32.25 annual 1677.00 In 2014 $9.68 RT /wkly $48.38 annual 2515.50 In 2018 $14.52 RT / wkly $108.90 annual $5662.80 In 2022 $21.78 RT / wkly $163.35 annual $8494.20 Earnings of $14.00 per hour 40 hour week $560.00 /$560.00 x 52 weeks = 29120.00 / 2022 toll would be more than 25% of gross income. Who would be dumb enough to spend that kind of money on tolls? the Governor's figures are based only on a 1-way trip with a .90 toll Figgy According to the toll calculator on the turnpike website:
Exit 7A to 13 (Great Adventure to Elizabeth/Staten Island) the toll is $2.15 one way – Round trip $4.30

In 2010 raise to 6.45 RT/wkly 32.25 annual 1677.00

In 2014 $9.68 RT /wkly $48.38
annual 2515.50

In 2018 $14.52 RT / wkly $108.90
annual $5662.80

In 2022 $21.78 RT / wkly $163.35
annual $8494.20

Earnings of $14.00 per hour 40 hour week $560.00 /$560.00 x 52 weeks = 29120.00 / 2022 toll would be more than 25% of gross income. Who would be dumb enough to spend that kind of money on tolls?

the Governor’s figures are based only on a 1-way trip with a .90 toll

Figgy

]]> By: Dennis http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-132640 Dennis Sun, 13 Jan 2008 01:42:59 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-132640 We have to follow our constitution, which states that no debts can be entered that exceeds 1 % of the state budget. This same document states that no debts can exceed 30 years, which this deal does. We need to repudiate NJ’s Unconstitutional Debt. Only 16 to 24 billion dollars of the states 117 billion dolars of debt is legal. Let the voters of this state vote on this debt that our so called elected leaders gave us over the last 30 years. If the folks of this great state say no, then don't pay for all of these schemes, bs authorities, etc. and then live within our means. If that means firing staff, then do so, just like with any other business! We have to follow our constitution, which states that no debts can be entered that exceeds 1 % of the state budget. This same document states that no debts can exceed 30 years, which this deal does. We need to repudiate NJ’s
Unconstitutional Debt. Only 16 to 24 billion dollars of the states 117 billion dolars of debt is legal. Let the voters of this state vote on this debt that our so called elected leaders gave us over the last 30 years. If the folks of this great state say no, then don’t pay for all of these schemes, bs authorities, etc. and then live within our means. If that means firing staff, then do so, just like with any other business!

]]> By: Steve http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-132498 Steve Fri, 11 Jan 2008 03:05:48 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-132498 This is simply reason #153 why I am getting the hell out of New Jersey within the next two years. I would do it now except we have a baby on the way, but as soon as she's about 1 we're packing up and moving back to NYC or Pennsylvania or Connecticut or even Virginia or North Carolina. I've had it with this state and its taxes and its failing schools and potholed overcrowded toll roads and crime and dual-position politicians. I am tired of the whole package. Enough, already. Fix it and I'll move back in 2053, but life is too short to hang out here. NJ is a train wreck. How to fix it? Forbid holding multiple political positions. Consolidate all municipalities less than 20,000 people with the nearest municipalities. Privatize all toll roads immediately. Raise gas taxes 100% to pay for public transportation improvements, not road improvements. Put tolls on all cars exiting the Holland, Lincoln, GWB. Lower property taxes. Fire 25% of all state workers across the board. Eliminate all state pensions, health benefits and so on and replace them with 401ks and crappy PPOs like private workers have to deal with. New Jersey is the future of America, and the future is a widening income gap with high taxes, bad public services and corrupt politicians. Whew! Glad I got that off my chest. This is simply reason #153 why I am getting the hell out of New Jersey within the next two years. I would do it now except we have a baby on the way, but as soon as she’s about 1 we’re packing up and moving back to NYC or Pennsylvania or Connecticut or even Virginia or North Carolina. I’ve had it with this state and its taxes and its failing schools and potholed overcrowded toll roads and crime and dual-position politicians. I am tired of the whole package. Enough, already. Fix it and I’ll move back in 2053, but life is too short to hang out here. NJ is a train wreck.

How to fix it? Forbid holding multiple political positions. Consolidate all municipalities less than 20,000 people with the nearest municipalities. Privatize all toll roads immediately. Raise gas taxes 100% to pay for public transportation improvements, not road improvements. Put tolls on all cars exiting the Holland, Lincoln, GWB. Lower property taxes. Fire 25% of all state workers across the board. Eliminate all state pensions, health benefits and so on and replace them with 401ks and crappy PPOs like private workers have to deal with.

New Jersey is the future of America, and the future is a widening income gap with high taxes, bad public services and corrupt politicians.

Whew! Glad I got that off my chest.

]]> By: Jeremy http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-132497 Jeremy Fri, 11 Jan 2008 02:58:51 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-132497 I would have started with raising gasoline taxes. Ours are the lowest in the country, and I would prefer that to this plan. However, this plan is FAR, FAR better than the crack-smoking idiocy they were talking about with selling the toll roads to private companies. So, I'm happy they didn't go for that stupid plan. I would have started with raising gasoline taxes. Ours are the lowest in the country, and I would prefer that to this plan.

However, this plan is FAR, FAR better than the crack-smoking idiocy they were talking about with selling the toll roads to private companies. So, I’m happy they didn’t go for that stupid plan.

]]> By: Flexo http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-132281 Flexo Wed, 09 Jan 2008 18:19:04 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-132281 The increase in stamp prices will not beat inflation (according to the latest law), so you may be better off just buying stamps as you need them -- you'll be spending slightly less "real" money each time there's a price increase. Buying stamps to hold now will save you time standing in line, though. The increase in stamp prices will not beat inflation (according to the latest law), so you may be better off just buying stamps as you need them — you’ll be spending slightly less “real” money each time there’s a price increase. Buying stamps to hold now will save you time standing in line, though.

]]> By: Jacob http://www.consumerismcommentary.com/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/comment-page-1/#comment-132271 Jacob Wed, 09 Jan 2008 16:57:39 +0000 http://www.consumerismcommentary.com/2008/01/09/toll-hikes-coming-to-nj-turnpike-gs-parkway-ac-expressway-and-route-440/#comment-132271 That reminds me, if you get the chance to buy stamps that says "first class" without a nominative value, buy immediately. That way USPS pays for government inflation which I think is fair. That reminds me, if you get the chance to buy stamps that says “first class” without a nominative value, buy immediately. That way USPS pays for government inflation which I think is fair.

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