New Jersey Turnpike
New Jersey transportation commissioner Kris Kolluri said today that the key to unlocking the value of the state's tollroads is a realistic and predictable future toll rate regime free of political interference.
The New Jersey Turnpike Authority is moving ahead with detailed engineering on its largest widening project in two decades - taking 56km (35mi) of mostly 3+3 roadway to 3+3+3+3 lanes which the Turnpike calls "dual-dual" roadway.
A TV drama aficionado writes: "The Sopranos Season Six Part Two. The visceral, thumping bass beat kicks in, Tony takes his ticket for the New Jersey Turnpike and we are off and running for the second half of the final season of the Sopranos, the finest television drama ever written."
The Sopranos explain their use of the Turnpike as the opening stage for the series with these words from Jeffrey Page of the Bergen Record:
New Jersey Governor Jon Corzine is confirming that he gave $15k to Rocco Riccio after his aides persuaded him to resign from a position he had just been given at the New Jersey Turnpike, the Newark Star-Ledger reports. Riccio is the brother-in-law of the Governor's former girlfriend and high state union official Carla Katz. Riccio met the governor through Katz.
Mid-February the Director of the Office of Public Finance in New Jersey, Nancy Feldman received a 15 page proposal from a major financial group offering to raise around $30 billion from the New Jersey Turnpike (and its subsidiary Garden State Parkway) based on the state retaining the business, and being in control.
Reacting to constant politicking over what is planned for the future of the state's beloved Turnpike, New Jersey Governor Jon Corzine said his planned "monetization" does not involve either sale or lease. However he said that the state has amassed over $30b in debt and has "staggering" unfunded pension and healthcare liabilities.
Nixon was a dummy - NJ Pike case says he could have invoked copyright to suppress the White House tapes COMMENTBy Peter Samuel on May 24, 2007
Governor Jon Corzine speaking to reporters today seemed to hint at plans to establish a new public authority to run the New Jersey Turnpike. He is quoted as saying his plan would be "entirely different" from the longterm lease concession proposed by Gov Rendell in Pennsylvania. It would be "a new public benefit corporation... as opposed to privatization," he is reported as saying.
Details would come out in "about two weeks" which is June 5 or so.
"And what would Hell look like?
"Some sort of industrial wasteland, most likely, the air blighted by smokestacks belching toxic fumes, the ground pocked by bubbling pools of green sewage.
"Think of Mordor in Peter Jackson’s film version of The Lord of the Rings.