EDA Approves First NJ Angel Tax Credit for Investment in Biopharma Firm

EDA Approves First NJ Angel Tax Credit for Investment in Biopharma Firm (via NJ Tech Weekly)

Jonathan Perelman, CPA | Friedman LLP A clinical-stage biopharmaceutical firm is the first beneficiary of an investment from an angel using the New Jersey Angel Investor Tax Credit program. Approved at the New Jersey Economic Development Authority (…

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Did Booker Endorse Christie?

It sure sounds like it in the beginning of this video as the Democratic U.S. Senate candidate sings Governor Christie’s praises during an appearance in Newark yesterday, while GOP Senate candidate Steve Lonegan’s campaign manager Rick Shaftan on was hand to video the event.

Booker remains hopeful

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Booker Has Corzine Covered

Off With His Head!

Those young campaign staffers do the darnedest things.

Anxious to promote President Obama’s endorsement of Newark Mayor Cory Booker for U.S. Senate earlier this week, a Booker staffer searched for a photo of Obama and Booker together to post of the campaign website.  The problem, apparently the only time Booker and the President have been photographed together was at the 2009 rally for former Governor Jon Corzine’s failed reelection bid.

The kid was savvy enough to know that Booker really doesn’t want to be associated with the disgraced former governor who remains under investigation for the missing $1.2 billion in customer funds that disappeared during the MF Global collapse.

So he/she put a text box over Corzine’s head.

Lachlan Markay caught it and shared it with the world before the adults in the Booker campaign had it taken down.

So far the New Jersey media is not making a big deal about this gaffe, like they did about the Lonegan staffer’s gaffe on twitter. But Business Insider picked it up for fun.

Lonegan did not fire his staffer for the “silly, childish” tweet that caused a stir.

Booker’s daily inspirational social media message this morning indicates that he might not be so forgiving.

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Christie: “It is my honor to endorse Steve Lonegan”

“Steve will be a clear and powerful voice for putting people back in charge of government; not government in charge of people.”

“Let there be no doubt about the Republican apparatus being behind Steve Lonegan.”

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Monmouth Poll Shows Booker’s Weakness

Lonegan can close the gap

New Jersey voters do not buy that Newark Mayor Cory Booker is a “new kind of politician,” according to the Monmouth University/Asbury Park Press Poll released this morning.

Booker responded on social media. He’s a kind politician, not a new kind of politician.

Hmmm.  This post might give New Jersey more insight into Booker’s foreign policy philosophy than the Lonegan campaign’s “silly and childish” tweet during a Democratic primary debate. Let’s be kind to terrorists and our foreign enemies.  That fits with the Obama/HClinton/Kerry foreign policy of apologizing for America.

Patrick Murray’s poll of likely voters continues to show Booker beating GOP nominee Steve Lonegan by double digits.  Today’s 54%-38% Booker lead is nearly identical to the pre-primary 53%-37%  lead the Newark Mayor enjoyed in June.  In other words, Lonegan has gained no ground by deploying his anti-Obama campaign strategy in the last two months.

But despite his huge victory, the Democratic primary took something of a toll on Booker’s favorability ratings, which have dropped 12 points net since June.  Given how easy Congressmen Frank Pallone and Rush Holt went on Booker during the primary, a 12 point drop is significant.

photo via facebook

In order to close the gap and make the Special Senate Election competitive, Lonegan needs to scrap the idea of making the campaign a referendum on President Obama’s policies.  We had that referendum last November and Obama won in New Jersey by 18 points.  Lonegan has said that Obama’s numbers are going to drop. They have dropped a bit, only 49% of New Jersey likely voters told the Monmouth University poll that they approved of the President, while 43% disapprove.  If those numbers suddenly plunge, Lonegan will benefit without trying.  If Obama’s approval stays stubbornly positive, as they have through various scandals, Lonegan stands to gain little ground.

50% of those who said they have a favorable opinion of Booker also said they could change their minds.  Booker’s favorables are soft.  Obama’s have proven to be stubborn.

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Christie Vetos Sociological Strip Search Bill

file photo via nj.gov

Governor Chris Christie yesterday vetoed S454/A2421, the bill we’ve been fighting for years that would have allowed public schools to ask students intrusive personal questions about themselves and their family members without written parental consent.

In his veto message, Christie said:

This bill allows students of any age to participate in voluntary surveys, including those inquiring about sexual behavior and attitudes, if schools send prior written notice to their parents or guardians. The bill provides that the failure of a parent or guardian to respond to such notice shall be treated as affirmative approval of their child’s participation.

I recognize that surveys may help identify serious issues affecting students. However, this bill imprudently decreases parental involvement in a child’s educational development. I believe a parent or guardian’s legitimate interest to make an informed decision before their child is exposed to sensitive content outweighs the desire to make survey administration moreconvenient.

Accordingly, I herewith return Senate Bill No. 454 (FirstReprint) without my approval.

Thank you Governor Christie

Save Jersey has the news of the other bills Christie took action on yesterday.

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O’Scanlon: Red Light Cameras Sacrifice Safety For Revenue

Assemblyman Declan O’Scanlon and Attorney Joseph Santoli presenting Red Light Camera findings in Tinton Falls this morning.

In a scathing indictment of Red Light Camera (RLC) operators and the New Jersey municipalities that deploy the devices, Assemblyman Declan O’Scanlon today revealed what he described as “irrefutable evidence” that  yellow light times at many New Jersey intersections do not meet the standards required by law, causing thousands of motorist to be hit with millions of dollars in unlawful fines.

Backed up by Barnet Fagel, a traffic expert with the National Motorists Association and Attorney Joseph Santoli who discovered in a New York case that RLC companies were shaving yellow light times in order to entrap drivers into being caught on camera running a red, O’Scanlon said that shortened yellow lights cause more accidents and that “safety is being sacrificed” for municipal and RCL company’s revenue.

Yellow lights are required to have either 3 or 4 second intervals, depending on the level of traffic and speed at the intersections.  Fagel conducted a study this weekend of 12 of the approximately 80 New Jersey RLC intersections.  All but “one or two” were found to have yellow lights that were between 1/10 and almost 3/10 of a second too short. Fagel presented the video evidence of his finding.

The most egregious of Fagel’s findings was in Jersey City at the intersection of Rt.1-9 and Sip Ave, a 4 second yellow light location.  Fagel’s video showed that the yellow light lasted only 3.753 seconds.

JERSEY CITY-SIP – 1-9 from Barnet Fagel on Vimeo.

O’Scanlon said that 80% of all RLC infractions occur during the first second of the red light. By shaving 1/10-3/10 of a second off the yellow lights, roughly 30% of the RLC generated tickets are unlawful.

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Lonegan’s Own Words

GOP U.S. Senate nominee declared in his primary victory speech last Tuesday night that he would not that he would not alter his message nor parse his words during his special election campaign against Democratic nominee Cory Booker.

In his appearance with NJTV’s Michael Aron this weekend (video not yet posted), Lonegan presented himself as a reasonable fiscal conservative focused on the economy.  He distanced himself from the Tea Party, which he characterized as an eclectic, leaderless network.

During an appearance MSNBC’s Weekends with Alex Witt yesterday afternoon, the former Bogota mayor again comes off as reasonable, not a radical, framed Booker as an extreme liberal and stuck to economic issues:

Visit NBCNews.com for breaking news, world news, and news about the economy

This morning on Fox and Friends (also not yet posted Save Jersey has the video), Lonegan emphasized his Ridgefield Park roots, 32 year marriage, and two Gold Star Girl Scout daughters to make the case that he is representative of New Jersey and its values and that Booker is the liberal extremist.

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An apology letter to Mr. Obama

By Matt Walsh

Dear President Obama,

I’m reaching out to you as a friend. I know you must be deeply hurting after what happened at the Missouri State Fair. Sure, you probably try to avoid watching the news while you’re on vacation, but I’m sure the pilot who airlifted your dog to your rental mansion in Martha’s Vineyard probably caught you up to speed (that guy is such a chatterbox). Your jaw must have hit the floor when you heard the news: A rodeo clown in Missouri poked fun at you. Yeah, I know, almost impossible to believe. The gall! The gumption! The racism! Don’t worry, the entire country erupted in outrage, Democrats and Republicans issued statements of condemnation, and now the offending clown has been banned for life from the Missouri State Fair. There will likely be “action taken” against the Missouri Rodeo Clown Association, and I do hope justice is visited upon them swiftly. I think we’re all a little sick of the Missouri Rodeo Clown Association causing trouble. It’s something new every week with those freakin’ guys.

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Where was Vin?

South Jersey Democratic boss George Norcross invited the “reconfigured power elite” of the state Democratic Party to dinner in Colts Neck last night, according to a report at PolitickerNJ.

Monmouth County Democratic Chairman Vin Gopal was not there; not invited to a high powered Democratic gathering in his county.

Also not present, gubernatorial nominee and head of the party in name only, State Senator Barbara Buono.  Assembly Speaker Sheila Oliver, not there. U.S. Senate nominee Cory Booker represented Essex County.  Essex County Executive Joseph Divencenzo, who has endorsed Governor Chris Christie for reelection, was not invited.

Gopal would not comment on this story. He said via text that he is traveling and would call back Monday.

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