We will not vote for people that do not

believe in freedom of religion and support the constitution of the State of NY Art. 1, Sec. 3
Cuomo and Suozzi would make great Lebanese politicians. Export them

Cuomo endorses Suozzi bid to unseat Mangano

Originally published: October 26, 2013 1:24 PM
Updated: October 26, 2013 6:59 PM
By ROBERT BRODSKY  robert.brodsky@newsday.com

Photo credit: Jeremy Bales | Gov. Andrew Cuomo endorses Nassau County executive candidate Tom Suozzi during a Democratic rally at the Albertson VFW Hall. (Oct. 25, 2013)

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Gov. Andrew M. Cuomo on Saturday endorsed Thomas Suozzi's election challenge to GOP Nassau County Executive Edward Mangano as part of a broader call for Long Island voters to choose Democrats on Nov. 5.
At a rally with more than 200 Suozzi supporters in Albertson, Cuomo formally backed the former two-term county executive, who is seeking his old job back.
Cuomo's nine-minute speech focused on his administration's legislative achievements and why he says it is important for Long Islanders to elect Democrats. He described Suozzi as "Nassau's next county executive" at the end of his remarks as he recited the list of candidates he was endorsing.

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The governor elaborated on the endorsement in interviews with reporters afterward. He described Suozzi as "a personal friend" he has known for 20 years. "I have supported him in the past and worked with him in many different capacities," Cuomo said. "He is tremendously talented."
Cuomo said voters should support Suozzi because he has a "Democratic platform . . . Our agendas are aligned."
Cuomo's endorsement ends months of speculation about whether he would back Suozzi. The governor has made several public appearances with Mangano recently.
Stories have circulated for years that he was not close with Suozzi. But, Cuomo, who won Nassau County in the 2010 governor's race with 60 percent of the vote, said Saturday rumors about friction with Suozzi were false.
Cuomo declined to criticize Mangano, with whom he worked closely on the county's recovery from superstorm Sandy. "I work very hard to have good relations on both sides of the aisle," he said. "You can't play politics when it comes to running the government."
Accepting the endorsement, Suozzi hailed Cuomo as "one of the greatest leaders in the country" and said, "We share the same ideas, ideals and desire to serve the people." Suozzi was mentored early in his career by Cuomo's father, former Gov. Mario Cuomo.
Mangano spokesman Brian Nevin questioned the significance of the endorsement.
"With Andrew Cuomo endorsing every Democrat candidate in the state, it is clearly based on party line rather than accomplishments," Nevin said.
Mangano on Saturday debuted a new television ad with a video clip of Cuomo praising the Republican at a Lynbrook event shortly after signing the state's new property tax cap bill in 2011.
The clip shows Cuomo saying Mangano "believes in making government work for the people. He believes in putting politics aside for the good of this county."
Suozzi, however, said Mangano has "undermined" the property tax cap by failing to fix the assessment system, causing school taxes to skyrocket.
Mangano on Saturday morning also joined 350 residents at the Epilepsy Foundation of Long Island's third annual walk and fundraiser at Eisenhower Park in East Meadow.
Mangano said money raised from the event would help the organization "reach out to elementary school students to teach them about epilepsy."

HI-

Thanks for the help. The item’s below. I’d be happy to mail you a copy, if you give me a mailing address.

Claude Solnik

(631) 913-4244

Long Island Business News

2150 Smithtown Ave.

Ronkonkoma, NY 11779-7348 

Home > LI Confidential > Stop scratching on holidays

Stop scratching on holidays
Published: June 1, 2012

Off Track Betting in New York State has been racing into a crisis called shrinking revenue. Some people have spitballed a solution: Don’t close on holidays.
New York State Racing Law bars racing on Christmas, Easter and Palm Sunday, and the state has ruled OTBs can’t handle action on those days, even though they could easily broadcast races from out of state.
“You should be able to bet whenever you want,” said Jackson Leeds, a Nassau OTB employee who makes an occasional bet. He added some irrefutable logic: “How is the business going to make money if you’re not open to take people’s bets?”
Elias Tsekerides, president of the Federation of Hellenic Societies of Greater New York, said OTB is open on Greek Orthodox Easter and Palm Sunday.
“I don’t want discrimination,” Tsekerides said. “They close for the Catholics, but open for the Greek Orthodox? It’s either open for all or not open.”
OTB officials have said they lose millions by closing on Palm Sunday alone, with tracks such as Gulfstream, Santa Anita, Turf Paradise and Hawthorne running.
One option: OTBs could just stay open and face the consequences. New York City OTB did just that back in 2003. The handle was about $1.5 million – and OTB was fined $5,000.
Easy money.

hurricanes are for washing away religious

politicians who think that they are .....

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Dear Fellow New Yorker, Today marks the one-year anniversary of Superstorm Sandy – a storm that disrupted countless families, businesses and communities, and took the lives of 61 men and women in New York. As one of the worst natural disasters to hit New York in decades, Sandy also caused tremendous damage to homes, businesses, and infrastructure. More than 300,000 housing units were destroyed or damaged by the storm and more than two million people were left without power in Sandy’s wake, including 90% of utility customers on Long Island. Tonight at 8:00pm, please join in a moment of silence to mark the time that the storm surge in New York City first began. In spite of this tremendous storm, we have come together as New Yorkers and made real progress toward building back better and stronger than before. Earlier today, the Governor toured a few of the most impacted sites to see that progress in person. Click here to learn more about the MTA’s improvements in storm resiliency, and here and here to learn about the headway made by the Port Authority. The Governor also visited one of the more than 258 downstate gas stations that are already in the process of installing back-up power capacity (click here to read more). There is no denying the immense power of Mother Nature. But as New Yorkers we have been through our share of hard times, and today we are learning from the past and coming together as one with the next big storm in mind so that we don’t just replace what was lost – we build back better than we ever were before. Sincerely, The Office of the Governor

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CONTACT New York Hotel and Motel Trades Council, AFL-CIO 707 Eighth Avenue (between 44th & 45th Streets) New York, New York 10036 New York Hotel Trades Council and Hotel Association of New York City, Inc., Employee Benefit Funds 305 West 44th Street (at Eighth Avenue) New York, New York 10036 www.HotelFunds.org Click here for NYC Subway Map Department Telephone Extension NYHTC Main Phone (212) 245-8100   Union Business Agents (212) 245-8100   Dues Department (212) 245-8100 Ext. 340 Grievance Board (212) 245-8100 Ext. 115 H.E.A.T. Department (212) 245-8100 Ext. 256 Hiring Enforcement and Job Referral (212) 245-8100 Ext. 555 Hotel Voice Newspaper (212) 245-8100 Ext. 155 Neighborhood Service Councils (212) 586-6400 Ext. 4262 Organizing (212) 245-8100 Ext. 256 Pensioners' Society (212) 245-8100 Ext. 206 Political and Strategic Affairs (212) 245-8100 Ext. 124 Sports Program (212) 245-8100 Ext. 314 For issues regarding this website, please write to: webadmin@nyhtc.org To contact a union organizer, please click here.

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we need an attorney so that Nassau OTB

is open 365 days of the year without religious preference so workers who wish to work may do so while they still can bettors may bet while they still can. perhaps this guy remembers NYC OTB?
help us please.
I-

Thanks for the help. The item’s below. I’d be happy to mail you a copy, if you give me a mailing address.

Claude Solnik

(631) 913-4244

Long Island Business News

2150 Smithtown Ave.

Ronkonkoma, NY 11779-7348 

Home > LI Confidential > Stop scratching on holidays

Stop scratching on holidays
Published: June 1, 2012

Off Track Betting in New York State has been racing into a crisis called shrinking revenue. Some people have spitballed a solution: Don’t close on holidays.
New York State Racing Law bars racing on Christmas, Easter and Palm Sunday, and the state has ruled OTBs can’t handle action on those days, even though they could easily broadcast races from out of state.
“You should be able to bet whenever you want,” said Jackson Leeds, a Nassau OTB employee who makes an occasional bet. He added some irrefutable logic: “How is the business going to make money if you’re not open to take people’s bets?”
Elias Tsekerides, president of the Federation of Hellenic Societies of Greater New York, said OTB is open on Greek Orthodox Easter and Palm Sunday.
“I don’t want discrimination,” Tsekerides said. “They close for the Catholics, but open for the Greek Orthodox? It’s either open for all or not open.”
OTB officials have said they lose millions by closing on Palm Sunday alone, with tracks such as Gulfstream, Santa Anita, Turf Paradise and Hawthorne running.
One option: OTBs could just stay open and face the consequences. New York City OTB did just that back in 2003. The handle was about $1.5 million – and OTB was fined $5,000.
Easy money.

Attorney Search Attorney Registration Registered In-House Counsel Search In-House Counsel Registration Resources E-Courts Contact Us	Attorney Detail as of 10/29/2013   Registration Number: 1597905     ELLIOTT DAVID SHRIFTMAN PO BOX 1408 SOUTHAMPTON, NY 11969-1408 United States (Suffolk County) (631) 537-2211     E-mail Address: Year Admitted in NY: 1975 Appellate Division Department of Admission: 2 Law School: HOFSTRA LAW SCHOOL Registration Status: Currently registered Next Registration: Jul 2014 The Detail Report above contains information that has been provided by the attorney listed, with the exception of REGISTRATION STATUS, which is generated from the OCA database. Every effort is made to insure the information in the database is accurate and up-to-date. The good standing of an attorney and/or any information regarding disciplinary actions must be confirmed with the appropriate Appellate Division Department. Information on how to contact the Appellate Divisions of the Supreme Court in New York is available at www.nycourts.gov/courts. If the name of the attorney you are searching for does not appear, please try again with a different spelling. In addition, please be advised that attorneys listed in this database are listed by the name that corresponds to their name in the Appellate Division Admissions file. There are attorneys who currently use a name that differs from the name under which they were admitted. If you need additional information, please contact the NYS Office of Court Administration, Attorney Registration Unit at 212-428-2800.
	www.NYCOURTS.gov

and the Union is not in danger of having

its pension plan taken over by the PBGC like Teamsters Local 707
The books of Nassau OTB are matters of public records pursuant to the NY Pub. Off. Law.
The politicians of the OTBs eg NYC work too little, are paid too much and/or are not worth a fraction of what they are worth? Ditto for Suffolk OTB.

Keep Kevin McCaffrey in Lindenhurst and vote for Mickey Mouse some other notable figure for the race in the Fourteenth Legislative District.

Gentings' Slot machines are open every day of the year and Nassau OTB closes based on the religious preference of some but not others and thus violates the rights of  bettors secured by NY State Const. Art. 1, Sec. 3

Kevin McCaffrey should see that the decision of the First Circuit is applied across the US so that people pay income tax and not carried interest. Let him do some useful work.

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Ruling Doubles Paycheck for 1,375 Employees at High-Grossing Queens Slot Parlor

Ángel Franco/The New York Times

“It’s life-changing. I can finally feel relieved,” Jeannine Nixon said. A Resorts World Casino employee, she makes two bus trips to school with Carl Jones Jr., her son, and then two more to get to work.

By CHARLES V. BAGLI

Published: October 27, 2013

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Jeannine Nixon looked as if she had hit the jackpot. Ms. Nixon, a customer relations representative at Resorts World Casino in Queens, had just learned that she would be making $40,000 a year, up from $22,300.

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“It’s life-changing,” Ms. Nixon, her voice cracking, said on Thursday. “I can finally feel relieved.”

After a year of wrangling between management and her union, the Hotel Trades Council, an arbitrator had issued a ruling that would double the average paycheck for 1,375 union cashiers, attendants, waiters, bartenders and security guards who work at Resorts World, the highest grossing slot machine parlor in the country. The decision, issued last week, is to be made public on Monday.

Resorts World, like most slot parlors and full-scale casinos, had long promised thousands of good jobs and millions of dollars in revenue for the state. It was a particularly enticing assurance in the poor and working-class neighborhoods in southeastern Queens that surround Resorts World and the aging Aqueduct horse-racing track next door.

The slot parlor at Aqueduct, the only one in New York City, has been spectacularly successful in the two years since it opened. Yet the average wage for workers laboring amid the clanging electronic slot machines and table games was only slightly more than $10 an hour.

The average pay under a new three-year contract will immediately jump to $20.50 an hour, or nearly $40,000 a year, according to the Hotel Trades Council. Wages will increase further in the second and third years of the contract.

Ms. Nixon, who lives in subsidized housing, said she recently postponed a blood test because she could not afford to pay for it. A single mother, she takes two different buses every morning to take her son to school, before taking two other buses in the opposite direction to get to work. “If I had a car,” Ms. Nixon said, “it’d be a 15-minute ride.”

Peter Ward, president of the Hotel Trades Council, said, “This is the outcome we want, if we’re going to have gambling in New York.”

“We’ve worked to create a situation where the middle class is suddenly within reach of gaming workers,” Mr. Ward added, “not a bunch of minimum-wage jobs where people have to live on the dole to survive.”

The workers at Resorts World will also now be covered by the union’s pension and health plan.

The arbitration decision comes only a week before voters are being asked to approve Gov. Andrew M. Cuomo’s plan to expand gambling in New York, with up to seven full-scale casinos (containing both electronic slot machines and table games like poker, roulette, craps and blackjack), with hotels, shops and entertainment sites. Resorts World and eight other slot parlors in the state that are connected to racetracks — and are known as racinos — have only electronic games.

Proponents have long argued that the casinos would bring economic development and tax revenues earmarked for education and property tax relief. Critics contend that gambling represents a regressive tax whose costs outweigh any benefits.

At the urging of the Hotel Trades Council, state officials required slot parlor operators to sign “labor peace agreements” that they hoped would ensure jobs with decent wages and working conditions. Mr. Cuomo’s plans for full-scale casinos include a similar requirement.

But if voters approve the casinos, there is no guarantee that casino workers upstate, where unions are weaker, would have the leverage to obtain the same pay as those at Resorts World.

Resorts World is owned by the Genting Group, a Malaysian company that operates a network of casino-resorts in Britain and Asia. It opened Resorts World in October 2011, after bidding far more — $381 million — than two other operators for the slot franchise at Aqueduct. The company spent about $420 million building the casino, which has 4,525 electronic slot machines and 475 electronic table games.

With more than 5.6 million people living within 10 miles of Resorts World, the slot parlor has been crowded night after night.

Resorts World boasts that the giant slot parlor attracts 35,000 visitors a day and more than 12 million a year. It posted revenues of $696.5 million in the year ended in March, 38 percent of the $1.8 billion in combined revenues for all nine racinos in the state.

The electronic slot machines at Resorts World averaged $432 a day last month, far more than slot machines in Las Vegas, Atlantic City or Connecticut.

After most workers signed union membership cards from the Hotel Trades Council, the union and Genting began negotiating a labor contract.

The two sides reached an impasse on economic issues a year ago, so the union invoked the arbitration clause under its agreement with Genting. In making his decision, the arbitrator selected by both sides, Elliott D. Shriftman, considered the success of the business, the paycheck necessary for full-time workers to sustain themselves, their spouses and their children without government assistance, and the company’s ability to pay.

Rather than open its books, Genting conceded that it could pay higher wages.

“We respect and will implement the arbitrator’s award as required and will continue to focus our efforts on improving our facility,” Kerri Lyon, a spokeswoman for Resorts World New York City, said in a statement released on Sunday.

“This will restore a path into the middle class for workers in that community that has been eroded over the last several years, given the broader changes in the city economy,” said James A. Parrott, chief economist for the Fiscal Policy Institute, a liberal research group. “You can see a big drop-off in African-American and Latinos working in city government.”

Kevin McCaffrey refuses to supply

Newsday should not endorse Kevin McCaffrey without seeing what this Republican King Pin is doing to see that people pay taxes and cannot engage in the fiction of carried interest. Kevin McCaffrey  is simply a Lindenhurst Local .  No to carried interest and NO to Kevin McCaffrey for higher office!  Look at  how long his union takes to resolve grievances at Nassau OTB and the manner in which they are resloved (if ever).

A Chance to End a Billion-Dollar Tax Break for Private Equity

By STEVEN M. DAVIDOFF

Harry Campbell

A recent court case has given the federal government a chance to sidestep Congress and eliminate private equity’s billion-dollar tax break. The question is whether the Obama administration takes up the fight.
At issue is “carried interest” — a term of art that refers to the profits that a private equity adviser makes from investing in companies. Because of what critics term a loophole and private equity firms call common sense, such income is taxed at the capital gains rate of 20 percent instead of as income, which would put it at a maximum of 39.6 percent. That tax treatment has meant that the heads of private equity firms like the Blackstone Group’s Stephen A. Schwarzman pay billions of dollars less in taxes.
This apparent inequality has led many to protest. After all, why should these private equity barons, many of whom are extraordinarily wealthy, get to profit to the tune of extra billions? Even Mr. Schwarzman’s co-founder at Blackstone, Peter G. Peterson, has come out against the tax break, stating he “can’t justify that.”
In defense, private equity advocates like the Private Equity Growth Capital Council argue that the profits are investment income and to change the tax code would mean that private equity firms would have less of an incentive to invest, upending a policy that “has helped America prosper for more than 100 years.”

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Unswayed, the Obama administration has tried repeatedly to tax private equity profits as income, a move that would raise an estimated $16 billion extra over a decade. The rabid anti-tax fervor in Congress, however, has prevented any change.
Now, a court case involving the private equity firm Sun Capital Partners has upended the entire treatment of carried interest.
Sun Capital, run by Marc J. Leder and Rodger R. Krouse, specializes in buying and selling distressed companies. The case arose out of its $7.8 million buyout in 2007 of Scott Brass, a manufacturer of high-quality brass and copper used in electronics and other products.
About a year after the takeover, Scott Brass sought bankruptcy protection. Sun Capital sued the company’s pension fund, the New England Teamsters and Trucking Industry Pension Fund, seeking a judgment that it was not liable for $4.5 million of the company’s pension.
Under the pension laws, Sun Capital would be responsible for this amount if Scott’s employees were under the control of Sun and the funds were engaged in a “trade or business.”
The pension fund argued that the Sun Capital funds were liable because the funds were engaged in the trade or business of operating Scott. Sun Capital argued the opposite, saying that it was merely a passive investor.
The Federal Court of Appeals for the First Circuit in Massachusetts sided with the pension fund, ruling this summer against the two Sun Capital funds involved in the buyout.
The court determined that the Sun Capital funds were arguably involved in a “trade or business” through their ownership of Scott because the funds were “actively involved in the management and operation of the companies in which they invest.” The decision also went up the chain through the legal entities to hold the firm responsible.
What does this pension fund case have to do with carried interest?
Well, in order to take advantage of capital gains treatment for carried interest, private equity firms must also satisfy rules that they are not engaged in a “trade or business,” operating the company they own. The phrasing in the tax code is similar to the statute at issue in the Sun Capital case.
The implication is that if Sun Capital is liable under the pension laws for simply doing what private equity funds do — manage companies — than the other provision of the tax laws allowing for carried interest is no longer met.
Sun Capital has hit like a bomb in the private equity industry, notes Victor Fleischer, professor of law at the University of San Diego and a DealBook contributor. Showing how serious tax experts take this, Tax Notes, the leading tax publication, ran a series of articles on the case and private equity in a recent issue.
The Treasury Department and the Internal Revenue Service have a good argument that private equity firms should no longer be permitted to get carried interest treatment.
Craig Gerson, an adviser in the Treasury’s Office of Tax Legislative Counsel, acknowledged this in a speech at the American Bar Association meeting on Sept. 20. According to Bloomberg News, he said that “there’s a recognition that the court’s decision may give us an opportunity to reassess what ‘trade or business’ means.”
And as one article in Tax Notes argued, this was “common sense,” not a matter of fairness or income inequality. Private equity firms are engaged in buying and managing companies. Taxing carried interest as income simply recognizes what we knew all along. This is the opening that the Obama administration has wanted. The battle over carried interest is now out of the arena where private equity had its best ally, Congress.
Yet, the Obama administration is not certain to take up its chance for victory. Mr. Gerson said that he did not think there would “be any rush to issue guidance on this.”
In part, this is because it would not be a simple win. The I.R.S. would have to make the claim either through a new position or rules. Private equity firms would no doubt contest this, meaning litigation. And let’s face it, the government has barely been open for business as of late, and is not up to fighting what would be a titanic battle with some of the richest people on the planet.
Another of those Tax Notes articles was more favorable to private equity’s case, calling this decision limited to the “rip, strip and flip” type of private equity investing. It may be that the firms can reorganize their investments to be more passive and exclude management fees and other attributes that make them look like a trade or business.
There are two unusual twists here. First, it was a private equity firm that created this opening through its aggressive actions. Sun was trying to discard Scott’s pension liabilities through the bankruptcy process, something it had previously been accused of in the bankruptcy of Friendly’s Ice Cream. By trying to save a measly $4.5 million, Sun Capital may cost the industry billions.
Second, it may now be that this battle to tax carried interest is not won or lost in the halls of Congress over high-minded concepts of fairness or equity, but rather in the halls of the I.R.S. by applying common sense presumptions that existed all along.
Washington, it’s your move.

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Steven M. Davidoff, a professor at the Michael E. Moritz College of Law at Ohio State University, is the author of “Gods at War: Shotgun Takeovers, Government by Deal and the Private Equity Implosion.” E-mail: dealprof@nytimes.com | Twitter: @StevenDavidoff

Nassau OTB employees with the public records showing the names and salaries of all exempt Nassau OTB employees and consultants when Nassau OTB was operated by the Democrats and the Republicans so that voters may decide which crew pays out more  All politics is local and Kevin McCaffrey may be King of Lindenhurst but his realm should extend no further.

Editorial

Editorial: Kevin McCaffrey for Suffolk legislature's 14th District

Originally published: October 28, 2013 11:55 AM
Updated: October 28, 2013 6:58 PM

Photo credit: Barry Sloan | Kevin McCaffrey, GOP candidate for Suffolk's 14th Legislative District, poses for a portrait at Lindenhurst Village Hall Thursday. (August 1, 2013)

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The race for Wayne Horsley's former seat features two strong candidates deeply rooted in the community. Republican Kevin McCaffrey, 59, of Lindenhurst, is president of Teamsters Local 707, representing truckers and Nassau County off-track betting workers, and has been a trustee and deputy mayor of Lindenhurst Village for 23 years. Democrat Thomas Dolan, 51, also of Lindenhurst, is a financial planner who serves on the board of the local youth football and cheerleading organization.
Both are thoughtful and in touch with their constituents. Where they differ is experience and independence. McCaffrey's municipal background has prepared him to be an effective legislator. And we question the degree to which Dolan would be independent from the Democratic hierarchy with which he identifies closely. One of his ballot lines is The Schaffer Team, a reference to current Babylon Town supervisor and county party boss Richard Schaffer. Democrats have engaged in an expensive anti-McCaffrey campaign featuring several misrepresentations. They shouldn't have gone there.
Each candidate cites his background as evidence he is best equipped to address the county's shaky finances. McCaffrey has helped balance Lindenhurst's budgets for years while Dolan's experience is more limited and outside the public sector. Dolan says the treasurer and comptroller offices should be consolidated; McCaffrey wants to look at consolidating other departments, too. Both favor privatizing county health centers.

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Both extol the virtues of transit-oriented development, with Dolan pointing to the Wyandanch Rising revitalization just outside the district's borders as a great project. McCaffrey doesn't object to the project's goals, but says waiving more than $11 million in sewer hookup fees deprived the Bergen Point sewage treatment plant, located within the district, of funds for maintenance and repairs.
McCaffrey says his efforts to help residents the night superstorm Sandy hit and in the aftermath have been draining but rewarding. His passion is affecting.
In a race between competent candidates, experience tips the scale.
Newsday endorses McCaffrey.

 See Local 707 Pension Plan

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Pension plans in critical and endangered status are required to adopt a plan aimed at ... If you still have questions, contact the Department of Labor's Employee ...