THERE NOW is another way to say “asset monetization.” New Rowan University. Rather than a phoenix rising, these three words are an albatross hanging on the neck of Governor Christie.
THERE NOW is another way to say “asset monetization.” New Rowan University. Rather than a phoenix rising, these three words are an albatross hanging on the neck of Governor Christie.
Asset monetization famously became part of the New Jersey lexicon when then-Gov. Jon Corzine did a dog-and-pony show across the state trying to sell his plan to lease out the state’s premiere toll roads to mitigate the state’s out-of-control debt. No one bought the plan. No one bought Corzine for another four years, either. Coincidence? I think not.
Public policy is a moving bus. You want to be the person driving it, not the one running from it. Corzine never controlled his message on asset monetization. His detractors, Republicans and Democrats, hijacked the plan and spun it as the worst idea since New Coke. Governor Christie, unlike Corzine, knows how to drive a public policy bus. He has been a veritable Ralph Kramden. That was until Kramden came to Camden.
