Daily Archives: March 7, 2009

President Obama’s Weekly Address: 3/7/09

President Obama capped off a busy week in Washington remarking on new lending guidelines aimed at lowering mortgage payments; an initiative to generate funds for small business and college loans; the release of his administration’s first budget which includes $2T in deficit reduction; and the start of long overdue health care reform.

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Filed under college loans, deficit reduction, health care reform, home owners, mortgage foreclosures, President Obama, small businesses, unemployment rate, weekly address

Governor Jon S. Corzine: A Critical Year for New Jersey

I received the following letter from Governor Corzine in my inbox this afternoon and I thought that I would share it with you. 

In the letter the Governor states that he will deliver his budget to the legislature on March 10th, which will then begin the process of addressing New Jersey’s $7 billion deficit. He also mentions that our state is not as bad off financially as other states are, while trying to make it clear that during these very difficult financial time, now is not for gimmicks or grand-standing.
I think that the Governor must be a bit of a masochist because he added a link to his an email account and new website in order for people send him personal messages. I could only imagine  what some people have to say to him,  Youch! : 


This is an important year for New Jersey.

On March 10th, I will deliver my executive budget and begin the process of addressing our state’s $7 billion deficit. While New Jersey is significantly better off than many other states because of the action my colleagues in the legislature and I have taken during the past three years, it is critical that we continue to make responsible decisions and the right choices for New Jersey.

I believe that the national financial crisis is an opportunity to outline our priorities and take measure of our values. This is a moment to define who we are as a state, and as a people.

This is not a moment for cheap answers to our most important questions. New Jersey deserves details and direct answers, and you will continue to get both from me.

This is not a moment for short-sighted solutions and tepid half-measures. New Jersey deserves responsible, long-term solutions, and you will continue to hear detailed proposals from me.

This is not a moment for antagonistic grandstanding or political stunts. New Jersey deserves a committed partner who will work with President Obama, and you will continue to see my partnerships with leaders at the national and state level deliver real results for our working families.

This is not a moment for politically-convenient rhetoric that simplifies or downplays the difficult challenges we face. New Jersey deserves honest and serious leadership, and you have always been able to count on that from me.

New Jersey remains ahead of the curve in dealing with this national recession, and my responsibility as Governor is to insure that we stay on a course for fiscal prosperity into the future while making certain that New Jersey families have the support that they need to make it through these difficult times.

These are big challenges, and I am going to need your help.

I am going to be regularly sharing the details of my budget, initiatives, and the latest developments from Trenton and Washington DC, and I want to encourage you to share your thoughts with me via my website or by sending an email to JSC@JonCorzine09.com. I’ll be answering questions and comments regularly via email, my soon-to-be-launched new website, and other online events.

Please stand with me, our state leaders, and our Democratic partners in Washington DC as we confront these challenges. There is far too much riding on the year ahead to sit on the sidelines.

Thank you,
Governor Jon Corzine

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Filed under Budget, Budget Shortfall, fiscal prosperity, Governor Corzine, national recession, New Jersey, President Obama, State Legislature