Thursday, February 03, 2011

Cuomo For President?

Charlie Gasparino, a senior correspondent for Fox Business Network and a columnist for The Daily Beast, thinks Gov. Andrew Cuomo has his eyes fixed on the presidential prize.

Mr. Cuomo’s budget this year, some people in New York suppose, is a presidential campaign announcement:

“The son of Mario Cuomo—‘the liberal's liberal,’ to borrow a phrase from The Wall Street Journal—declared the state "functionally bankrupt" thanks in part to its big-government policies. He then declared war on both the welfare state and his father's old liberal voting base (and the base of the New York State Democratic Party): The public employee unions, the special-interest groups, the lobbyists representing health care and education, all of whom have for years forced the state to live beyond its means because of automatic funding increases regardless of "outcome measures" and with "no performance measures," he said.

“When he gets done with them, Cuomo vowed, they would all be running around the state capitol in Albany ‘like their hair is on fire.’

“According to people close to the governor, it wasn't just talk. They say that Andrew Cuomo has changed politically. He's left his old lefty friends in the dust and recognizes that the old formula of keeping government big by taxing rich people and businesses is a fool's game; they will just leave the state, as they've done in droves, taking their tax revenues with them. He also recognizes the Ponzi scheme that is big government ("Enron," he called it) where budgets are balanced with accounting gimmicks and borrowing that can't be sustained because the day of reckoning—where investors won't lend the state money because they're afraid they won't be paid back—is coming near.”



3 comments:

Pauldz said...

First New Jersey, now New York. Will Connecticut ever get someone with the intestinal fortitude to lead us out of the fiscal wilderness? Or are we destined to the fate of states like California and Illinois.

David said...

I have friend that has in-laws intimately involved in the NYS democractic party in Albany. They told him that one of the reasons Mario Cuomo dropped his bid for the White house was his son's involvement with some shady (mob involved) affairs.

Supposedly Andrew had shed his wilder ways, but it is very hard for NYS pols to go far because of the sheer corruption of the local politics

Don Pesci said...

There’s a pretty fair piece on it here
I recall the rumors. Son Andrew has gone after the mob pretty vigorously as attorney general, not generally thought to be the best way to gain friends and influence people there.

At this point, much of the talk is an urban legend. I don’t doubt for a minute there is much corruption in NY politics.