News Coverage on EffectiveNY

Times Union

A.M. Roundup: Tax Foundation says NYS ranks last

Jimmy Vielkind
Wednesday, October 10, 2012

Good morning! Wet weather will return. Gov. Andrew Cuomo will tour sites developed by the North Country Regional Economic Council, and end his day in Albany. Sandra Fluke will join Sean Patrick Maloney today in Newburgh. Assembly Minority Leader Brian Kolb and Bill Samuels will present their EffectiveNY agenda this afternoon in Syracuse. Rep. Paul Tonko will endorse Senate hopeful Cecilia Tkaczyk in Rotterdam. Rep.  Chris Gibson will debate challenger Julian Schreibman tonight in Ulster County. Here are today’s headlines…

Wall Street profits are on track to beat 2011, but broker dealer firms surveyed by Comptroller Tom DiNapoli are setting aside less to pay cash bonuses to employees, which are fewer in number. DiNapoli said the entire industry is in transition as new federal regulations are fleshed out. (TU/NYT/GNS/WSJ)

The Tax Foundation ranked New York’s business tax climate 50th in the nation, a slap to state officials like Gov. Andrew Cuomo who are proclaiming that a “new New York” is “open for business.” (TU/GNS/DN)

Cuomo appointed Allison Gollust as his new director of communications. Gollust has formerly worked as the top spokeswoman for NBC Universal, managing communications during Jay Leno-Conan O’Brien changeover. Her arrival was taken by the national press as a sign that Cuomo will run for president in 2016. (TU/NYT/Politico)

David Loglisci, chief investment officer of the New York State Pension Fund when its investments were guided by kickbacks and political contributions, was not sentenced to jail time for his part in the official corruption. He now manages a car wash. (DN)

Ken Ogan is walking across the country, asking state legislators to push for a constitutional amendment to overturn the Citizens United case. (TU)

Bruce Gyory: Both the Saland and McDonald races underscore what we knew all along: Republicans who voted for gay marriage faced a choke point in the primaries before hitting open seas in November.//The polling data is clear: Supporting gay marriage are Democrats, independents, women, younger voters, and highly educated and upscale suburban voters, upstate as well as downstate. White Catholic and Jewish voters in the more affluent suburbs have become the fulcrum point for this surge in public support. Opposing gay marriage are evangelical and mainline white Protestants, Orthodox Jews, as well as older voters from small towns and rural communities. In the August 2011 Marist poll after the bill was passed, voters opposed overturning the law by 63–32 percent, including by 69–24 percent in the suburbs.//Republicans supported overturning the law by 48–47 percent. That left Republican candidates on the horns of conflicting tensions between what works for them in primaries versus general elections.//Which brings us to the second political reality. Had gay marriage not passed in 2011 because no Republicans joined the 29 Democrats in support, the proponents of gay marriage would have had only one conclusion to draw—enacting gay marriage would necessitate electing more Democrats to the state Senate. (C&S)

“Guys that are slow to the party are going to suffer some damage,” Mike McKenna, an oil-industry lobbyist and president of MWR Strategies Inc. in Washington, said of Cuomo’s hydrofracking approach. “It’s going to be very difficult for a guy like Cuomo to go into Ohio with his record and say, ’I’m pro gas.’” (Bloomberg)

During a speech at the College of St. Rose, Financial Services Superintendent Ben Lawsky said the regulator-industry relationship needed to be “less like a fifth date over a candlelit dinner at midnight and more like a business cup of coffee.” (TU)

High Times publisher Richard Stratton is launching a longshot gubernatorial bid based on the issue of drug reform. (NYP/ADE)

Senate Republicans have a cash edge over Democrats. (NYP)

Abandoned oil wells in Pennsylvania may have contributed to an explosion in new natural gas wells. (NPR)

Two television stations stopped running an NRCC after it was objected to by Julian Schreibman’s campaign. (TU)

Hundreds of thousands of outside dollars are showing up in the contest between Chris Collins and Rep. Kathy Hochul. (BN)

The Democrat & Chronicle: State lawmakers’ refusal to take up campaign finance reform, coupled with their craven opposition to non-partisan redistricting, has meant this year’s political races are business as usual: gerrymandered districts and huge financial advantages for incumbents.//Gov. Andrew Cuomo and state legislators should pledge to make this the last such election. Campaign finance reform should be a top priority for any post-election legislative session. (D&C)

A charter school founded by the United Federation of Teachers is struggling. (WSJ)

A new documentary includes a tape recording of a young black man being stopped and frisked by New York police officers. (The Nation)

Here are some national headlines…

The stakes are high for Thursday night’s debate between Vice President Joe Biden and Rep. Paul Ryan, Dan Balz writes. (WP)

Sen. Chuck Schumer said any compromise to avoid the fiscal cliff should not decrease the top two tax brackets. (NYT)

Democrats attempt to use Paul Ryan’s Medicare plans as a bludgeon has yielded “scattered” results. (Politico)

The government sued Wells Fargo, saying it concealed the shoddy nature of mortgages it sold to the FHA. (WP)

David Siegel basically threatened his employees that bad thing would happen if Obama is re-elected. (Gawker)

German Chancellor Angela Merkel visited Greece, where she had kind words for government spending controls but was greeted by angry crowds. (AP)

Obama cut an ad featuring Big Bird, but Democrats are divided over whether it was a good idea. (Politico)

Penn State Coach Jerry Sandusky was sentenced to 30 years in prison. (NYT)

Happy Birthday to…OTB spokesman Dan Farrell…Livingston County Democratic Chairman Judith Hunter.

Here’s what you missed yesterday…

Senate candidate Robin Andrews says there are “too many” gun laws … just how close is the race in the 19th Congressional District? … The Tax Foundation says New York is bad for business … and here’s the full text of Tom DiNapoli’s Wall Street report.

Et cetera…

This school girl is not shocked at the sight of Mitt Romney’s backside, the AP clarified. (Politico)



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