The Emperor Has No Clothes

Doug Forrester, Bret Schundler and Assemblyman Paul DiGaetano, all Republican candidates for Governor, have come out against the proposed deal for a new stadium for the New York Giants football team.

Jon Corzine, on the other hand, who touts his authority on the economy and his experience in business, is withholding his judgment on the agreement. However, he says on the surface, it sounds like a good deal.

A cursory reading of recent press accounts would lead any reasonable person to conclude the deal is anything but good for taxpayers. Either Corzine isn’t paying attention to what’s happening in his home state or he has exposed his complete lack of business acumen. The Emperor has no clothes!

Here’s what Senator Jon Corzine had to say according to the Asbury Park Press:

Democratic gubernatorial candidate Sen. Jon S. Corzine said he was withholding judgment on the stadium deal until he sees financial details.

"I haven't seen the numbers. I don't think there's been a presentation to the board yet by the state treasurer," said Corzine, who was questioned by reporters during an appearance in Ocean Grove.

"On the surface, full (construction) cost by the Giants sounds like a good deal," Corzine said. "If I get those numbers, I'll be more than happy to scrub them."

Pressed on other details — like the remaining costs to state taxpayers of the old stadium — Corzine demurred.