Sunday, February 04, 2007

Thanks for the subsidies, but we're outta here

Cable news station MSNBC is set to ditch New Jersey and move its operations from its current Secaucus, New Jersey home to NBC's home in midtown Manhattan. Not only is New Jersey losing roughly 450 jobs as a result (as well as the tax revenue, economic revenue, etc.), but MSNBC is breaking the promise it made to stay in the state for at least 15 years after receiving millions in subsidies.

Its a lose-lose situation for New Jersey.

Tune into Fox News of CNN instead.


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