CORZINE FEELS THE HEAT BEFORE CONGRESS

Former New Jersey governor Jon Corzine was clearly in the hot seat on Thursday when he testified before a congressional committee about the failed MF Global business venture that was bankrupted to the tune of $1.2 billion.  Corzine read a 21 page statement about how MF Global went bankrupt and how the money disappeared.  Corzine…

60,000 MAY LOSE UNEMPLOYMENT BENEFITS IN NJ

Nearly 60,000 people from New Jersey may run out of unemployment benefits by the end of next month. The Associated Press reports that tens of thousands of New Jerseyans stand to lose unemployment benefits in January unless the federal government finds funding to continue the so called emergency benefits.  State officials also believe more than…

CHRISTIE RIPS DEMS OVER EDUCATION COMMISSIONER

New Jersey Governor Chris Christie is calling out two high profile democrats who are attempting to block Christie’s appointment of Chris Cerf as the new Education Commissioner for the Garden State.  Christie puts the blame directly on the shoulders of senators Ron Rice and Richard Codey.  As retribution, Christie will not make any appointments of…

DRUG SWEEP CAPTURES SIX IN ATLANTIC COUNTY

Atlantic County prosecutor Ted Housel announced today that five men and one woman were arrested on Thursday during a narcotics sweep throughout the county.  Three men and the woman were arrested at the Somers Point Village Apartments in Somers Point. Leroy Harris, 33, and Samuel Harris, 31, were arrested on cocaine possession in one apartment. Robert Freeman, 28, and…

REPORT: RIDE COMING OFF WILDWOOD PIER

An amusement ride that has thrilled thousands over the past 23 years is coming off the Wildwoods boardwalk.  The Wildwood Leader reports that the Morey organization will be removing and dismantling the “Condor” ride which has been a fixture on Morey’s Surfside Pier in North Wildwood since 1988.  The “Condor” has gondolas that rotate around…

STUDY SAYS AC CASINO REVENUE WILL CONTINUE DECLINE

According to a new research report, gaming revenues in Atlantic City are projected to continue their decline through 2015, eventually reaching a low of $2.8 billion annually.  The study was conducted by Pricewaterhouse Coopers LLC , and estimates U.S. gaming revenue will grow 5 percent overall from 2010 to 2015, but not in the Atlantic City market. If the projections hold…