Silver: let’s destroy some jobs by E.J. McMahon | | NY Torch

Governor Andrew Cuomo floated quite a few dubious ideas in his State of the State address yesterday, a couple of which are the subject of my Newsday column today—but the most dubious proposal of all came from Assembly Speaker Sheldon Silver in his own brief remarks before the governor spoke.

The drilling boom spillover by E.J. McMahon | | NY Torch

Interrupting a relentless stream of negative stories about natural gas hydrofracking in the Northeast, The New York Times notices that gas exploration in neighboring Pennsylvania has touched off a boom in New York’s once-languishing Southern Tier.

NY’s double-dip risk by E.J. McMahon | | NY Torch

“If the plodding national economy stumbles into another recession, New York — plagued by high unemployment and the prospect of a rising tide of layoffs on Wall Street — probably will take a tumble, too.” That’s the main takeaway from an article in today’s New York Times on the outlook for the city’s economy — which, of course, has inevitable implications for all of the Empire State.

The taxpayers’ pension risks by E.J. McMahon | | NY Torch

When Comptroller Thomas DiNapoli announced last month that New York's state and local pension fund had earned 14.6 percent on its investments in fiscal 2010-11, the AFL-CIO's Dennis Hughes said the the comptroller's numbers had "call[ed] into questio...

Nassau nixes fix for hockey stix by E.J. McMahon | | NY Torch

Over the years, despite chronic complaints about their property taxes, Nassau County residents have shown a remarkable tolerance for high levels of local government spending -- which helps explain why their county finances are in such poor shape. Yes...
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