On the Offensive Against Status Quo in Albany, Regina-Potter Says “Brooklyn’s Most UnWanted” is Peter Abbate

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Source: Atlas Shrugs in Brooklyn.

Threats have been made against her, a sitting GOP chairman has targeted her for political destruction, and she’s challenging an incumbent that has been in office since the days of Ronald Reagan’s presidency.

But that hasn’t stopped Lucretia Regina-Potter from fighting back.

Now, in two recent web posts, the 49th AD candidate has been slamming Democratic dinosaur Peter Abbate for his unholy alliances with unions and sourcing media articles that have been critical of him.

This is the first of her posts from her website:

A recent article published in the Bay News/ Bay Ridge Courier entitled: “Our Official Field Guide To Defeating Incumbents”, listsPeter Abbate as the  Number One Incumbent to Beat.  The article states the obvious and what many constituents of the 49th Assembly District have experienced for the past several years. He has severely neglected his district.  Abatte  has a burgeoning war chest. The bulk of these funds consist of contributions from unions and special interest groups, thus making Abbate beholden to theminstead of the hard-working families of the 49th AD.

It is interesting to note that during the last financial disclosure report of January 2010, Abbate received a whopping fourdonations from individuals, with only two of those four actually from the 49th AD! He is completely apathetic to the needs of the immediate community and the people are well aware of it.

The article also points out that Abbate has been in office 24 years,almost a quarter of a century with the same elected official remaining in the same office! He is the poster boy for term limits.The President of the United States of American is not permitted to remain in office for more than eight years, what justifies Abbate remaining in office for so long? It is definitely not his hard work or his dedication to the betterment of the 49th AD. Instead, Abbate feels that he is entitled to be the Assemblyman.

Mr Abbate has forgotten that he is a public servant.

Mr Abbate has neglected the good, hard-working. well-deserving people of the beautiful 49th Assembly District.

Mr Abbate, the people of the 49th Assembly District have a very important message to send you on November 2, 2010…..

GOODBYE AND GOOD RIDDANCE!

***

We also noted a story from the City Room of The New York Times, which Mrs. Regina-Potter put onto her site:

A Bigger Pension Borrowing Plan

By DANNY HAKIM

ALBANY — The state’s plan to borrow from the pension fund is potentially growing by billions of dollars.

About two weeks ago, Gov. David A. Paterson and lawmakers reached a tentative agreement to allow the state and municipalities to borrow $6 billion from the state pension fund over the next three years. Now the Legislature, acting on its own, has scrapped that in favor of a more aggressive plan that would allow for borrowing from the pension fund in perpetuity. Each plan would help balance the budget this year.

The new plan, which would allow borrowing in the tens of billions of dollars over time, closely matches one proposed by Comptroller Thomas P. DiNapoli. Mr. DiNapoli, however, has cooled to the whole idea in recent weeks after it was criticized by budget watchdogs, and Harry Wilson, a Republican challenging his re-election.

The comptroller’s office said in a statement: “The ability for local governments particularly to deal with volatility and spikes in pension fund contribution has become increasingly difficult.

“Comptroller DiNapoli’s plan would give local governments an option, just like with a homeowner’s home utility bill, to do balanced billing.”

The pension plan is included in the Legislature’s revenue bill — the portion of the budget in which new taxes, fees and other revenue-raising initiatives are laid out — and is expected to be taken up and passed by both houses on Tuesday. However, the bill would need Mr. Paterson’s signature.

The idea behind the plan is that it would allow the state and local governments outside of New York City to essentially borrow money from the pension fund to pay a portion of their required annual contributions to the pension fund.

This budgetary sleight of hand has been decried by fiscal conservatives.

“What you’re really saying is you don’t want people to see what these benefits really cost, because if you did, there would be pressure to reduce and reform them,” said Edmund J. McMahon, director of theEmpire Center for New York State Policy, a conservative-leaning research group.

“It’s basically the equivalent of rolling over debt in perpetuity, if the markets don’t cooperate with a return to double-digit annual returns,” he added.The plan would also force those governments that opt in to contribute more money to the system during bull markets; the money would then be set aside in a reserve fund to help during bear markets.

Assemblyman Peter J. Abbate Jr., the chairman of the Assembly’s Labor Committee, defended the measure.“The pension system is going to be fine if the market does fine,” Mr. Abbate said, adding, “The reason to do this is to help counties and the state out — not to enhance pensions, not to borrow to balance the budget. The main purpose of the legislation is to smooth out the amount people have to pay.”

***

Peter Abbate has come to represent what the problem is in Albany. He is hardly independent, sells out to special interests groups and is apparently oblivious to where our state is right now.

No one believes the “pension system is going to be fine.” Indeed, when I read that line, I began to wonder if either he or I had fallen down the rabbit hole.

Lewis Carroll, eat your heart out. How clueless is this man?

Peter Abbate is a relic of old New York politics, the product of a Democratic machine that idolizes politicians for their ethnicity above their duty to their constituents. Mr. Abbate has no major accomplishments that we can think of, and as for legislation tied to him, it seems like the man is a mystery.

At least with The Golden Prince (aka Marty Golden) you know when he takes up an issue as his own (however incompetent as he may do so) or when he flees the room from addressing an issue. I’ll give him that.

And the media gives Golden a high level of scrutiny.

But Abbate seems to get in just under the radar on so many of the things he does. He cuddles up with unions, makes deals with Republicans to maintain a stranglehold on elections, and has used questionable campaign tactics for years.

The voters must bring him to justice.

New Yorkers seeking change in government and reform in Albany look forward to his political demise.

Because that will mean this November was a success.

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