Cocktail of bad economic news today

Everything that could go wrong has done it. Instead of going over it, listing causes and remedies again, I will dedicate my time to write a page which will essentially delineate how the state government will function in New Jersey if I, an independent, am elected governor in 2013, with a more or less hostile legislature and a very entrenched bureaucracy determined to fight tooth and nail for their privileges.

This is something I have thought about, on and off, for quite a while. Of course, the first thing is to get elected. But any responsible candidate has to go beyond inauguration day in his/her planning.

In the case of an independent, with the legislature dominated by the defenders of the crumbling status quo, the challenges are daunting.