Wednesday, September 21, 2011

Suicide Mission!

Councilwoman Terry Castellano began speaking after a very long pause for someone to ask to take the floor, unusual by this Council's standards. Castellano complained this bond ordinance was not worthy of consideration pointing to incomplete issues with the creditors and the unions. She made it clear reading from prepared typed notes there will be no support for the bond ordinance to keep the deal alive until tomorrow.

She ended by blaming the mayor but not before claiming there are "other bidders." Councilwoman Castellano also stated there were "ongoing investigations."

In truth there are none, just allegations.

The Old Guard and several hospital employees applauded this.
We are looking at a suicide mission to kill the hospital!

Unless Councilman Michael Russo votes to approve the bond ordinance,the hospital's life looks dead.


The Council of No gleefully closed the lifeline for the hospital to stay open.  In public portion, a member of the public rose here and got their attention stating his shock the "hospital was a partisan issue."  MSV later spoke and agreed with that sentiment.

Councilwoman Beth Mason said this bond ordinance was "throwing money away."  She said her demands also had not been met. (State regulations governs two of them and she conveniently overlooks it.) Additionally, she complains about the nurse's union who took a pay cut. She actually disparages the bondholders, re: the Hoboken taxpayers who will be made whole.

Councilman Mike Russo is attempting to point at "investigations" and there is no guarantee the creditors and unions will accept a deal tomorrow. (Better to kill it tonight one can only conclude.)

Russo in full politrickin mode is claiming to be speaking for the taxpayers. And he's being applauded by a group of Old Guard people who don't pay taxes. You can't even put a price to this level of cynicism. He calls the mayor "a grifter" and is applauded by the Old Guard rabble who are cutting their own throats.

The fix is in!

BA Arch Liston corrects the record to the assertion by Councilman Russo that the City has a $5 million surplus to utilize. Russo then goes out out of control and refuses to allow others to speak.

The arguments by the Old Guard are circular. They don't make any sense and this has been decided with prepared statements before the meeting.

Councilwoman Carol Marsh notes the judge will not look kindly on the City "not stepping up to the plate."

Councilman Dave Mello spoke about his support for the hospital even with the risks incurred earlier as it "was kept open," but the taxpayers are now being put into a losing situation with a $52 million bond. The taxpayers are being hammered here and yet the irony they are being told a possible bond not approved and uncertain is saving them money.

Now it's Tim Occhipinti's turn to complain about a "lack of guarantees" and "a lack of transparency." Now he's reading prepared comments with the Beth Mason talking points.

They are killing the hospital right before our eyes.

Councilwoman Jen Giattino asked "how can you not vote for the bond" considering the $52 million bond and other related costs to "closing the hospital."

But what we have here is the worst politics at hand.

HMHA head Toni Tomarazzo challenges the idea P3 is a viable bidder.  She notes they are not. She implores the Council "to pass this bond ordinance." She says Holdco is and has been the only viable bidder, adding "they made a managed care agreement with Blue Cross Blue Shield."

She notes the hospital will run out of money the first week of October.

Council President Ravi Bhalla also gives the mayor time before the vote. To this, Councilwoman Mason rolls her eyes and looks to Russo unhappily. They want to drive the stake and kill the hospital now.

Councilwoman Terry Castellano actually looked down with a smile with the mayor's plea saying the hospital will close. MSV sitting across from her whispered "You think that's funny?" She stopped smiling.

At the vote on Resolution A failed to obtain six required votes for the $5.5 million bond ordinance, the issue is dead.  Toni Tomarazzo on the conclusion of the vote got up from the second row and said, "You just killed the hospital."

When MSV commented among a brouhaha adding "congratulations for closing the hospital" Councilman Russo started calling out for an officer repeatedly to come and get Da Horsey.  Meanwhile people are calling out all over the room.

Officer Miller then came and tried to have me removed but I declined saying, "Russo is not running the meeting."  Council President Bhalla added he was and made an advanced warning to all of us, Calicchio and others to remain in order.  They have been sporadically heckling from the rear, the Church Towers Michele Russo brigade along with other Old Guard operatives all night.

MSV thanked Officer Miller and he stood to the side of the meeting as instructed by Council President Bhalla. The whole room has emptied with only five members of the public left after the vote.

At the end, Frank Raia stood along the wall applauding the action to kill the hospital along with a group of Old Guard political operatives and some hospital employees who will discover they will be out of work in short order.

For them this was all about their ego and power.  That the hospital could be closed after so many hard efforts by so many including employes themselves who took wage deductions matters for nothing.  They had a chance to kill the hospital and they've jumped at the opportunity with gusto.

Talking Ed Note:  The saddest part of this is seeing hospital employees told before the meeting the money will not be given to the City to save the hospital.  The lie being fed by Michele Russo herself is "Why, they will just close the hospital (later) anyway."

The poor employees look scared to death and didn't dare utter a word of disagreement. 

- Posted at full gallop

Councilman Mike Russo called MSV's statement he claimed the Hospital Authority could not sell the hospital at a January meeting a lie.  The tape of his complete remarks will be shown proving exactly that.  MSV is more surprised no one reported on his comments then.

Talking Ed Note: 9-22   It's hardly believable even with the sabotage plotted out over months escalating into the meeting.  MSV is chagrined to have seen it so clearly in such minute detail as laid out prior, but there it is.

MSV spoke in public portion.  A few words of truth from among many time did not permit.  Councilman Mike Russo claimed we lied.  The last time he flung that accusation was when the Pulitzer Prize winners of "The Jersey Sting," stood by their story he had agreed to accept bribes.

They proved it with a tape.

Russo demanded to reply and did after MSV.  He claimed his remarks cited at a January meeting this year were incomplete.  As we exited, we stopped at the microphone and noted quickly, "I have it on tape."  Russo's remarks abruptly ended upon hearing that.  We do.

MSV will be showing the complete video of those remarks by Mike Russo at the public hospital authority meeting in January where he said they did not have the ability to sell the hospital.

I'm the Pope of Hoboken cuz I got a tape.  It's only one small matter in comparison to the ego driven action to kill Hoboken's hospital.

Even a grifter from a family of grifters can watch a tape.

Council Closed Session is Over, Hospital looks grim if no minority vote for $5.5 million bond

A few minutes before 10 pm and closed session is finally ended. The mayor could be seen very animated from outside chambers making an impassioned plea to support the bond ordinance and give the hospital a chance to survive by having a reasonable deal for bankruptcy court.

Council majority looks pessimistic. Some show signs of stress.

In the hallway, three hospital employees were being told by Councilman Michael Russo's mother, Michele, that the deal is dead and "why should we give them the money, they'll just close it anyway."

The poor hospital employees looked frightened but would not voice disagreement. Yet for a deal that is "dead" they waited like everyone else to come in and see the meeting firsthand.

The mayor denies the hospital deal is dead and states her hope it will get $5.5 million in a bond ordinance to "bring the deal to fruition."

The hospital gets to tomorrow only with the bond ordinance.

The mayor describes the deal as "imperfect" but "better than the alternative" with an October closure.

The city's bankruptcy attorney Paul Hollenbeck says an agreement must be made with the creditors. He adds the city would have to satisfy the $52 million bond and risks to raise funds to pay it. He urges the Council to move ahead and give the City the chance to try to reach a settlement with creditors tomorrow and avoid many other costs associated with shutting down the hospital.

- Posted at full gallop

CITY: "HOLDCO HAS NOT PULLED OUT OF DEAL" Hoboken411 claim completely bogus

MSV Hospital Update Exclusive

Minutes ago, in a phone conversation with City spokesman and the mayor's Chief of Staff, Dan Bryan flatly stated, "Holdco has not pulled out of the hospital deal."

Hoboken411 the website devoted to the party line all things Beth Mason put out an earlier report today claiming the hospital deal was dead with Holdco pulling out.

MSV has been seeking official word on this and can categorically state this is wrong.

A partial altered graphic of Hoboken411's latest unsubstantiated fabrication.
The true question is why and how does this lie serve Beth Mason?

Talking Ed Note: Sorry Perry Klausfurher, wrong or caught flagrantly lying again.  The real question is why?

Now Jarrett Renshaw of also gets it wrong in his unattributed story at claiming the City of Hoboken has withdrawn from negotiations.  City Spokesman Dan Bryan also stated that assertion is incorrect.

This is clearly part of a Beth Mason orchestrated propaganda message to prepare Hoboken for the hospital's death.  The diversion looks clearly intended to give residents the idea it's already done!

All this late breaking information is intended to give the Beth Russo hydra cover to vote down the opportunity to save the hospital. CITY COUNCIL STARTED IN CLOSED SESSION. STILL REMAINS 8:10.

City Council @ 7:00 - To save the hospital?

Well it's about as important a City Council meeting as you can have. There's several important hospital issues at stake, including the $5 million bond ordinance from the mayor and a host of other issues including the long delayed update to campaign finance reform sponsored by Councilman Peter Cunningham.

 Here's the resolution pac:

MSV may try to do some live comments on key developments in the chat feature from the Council itself.

Best of luck to us all.

Update: is quoting Councilman Mike Russo as being unable to vote on the $5 million bond ordinance without additional information.  He wants bidder information and financials.

Did he obtain all that information leading into his enthusiastic vote to put Hoboken taxpayers in a $52 million bond liability in 2007?

Also has another story on the City working down the road to help the new owners obtain tax abatement.  The operative word here is "efforts" down the road.  The controlling regulator in this is the State of NJ who has governing laws on such areas specific to hospitals.  Legislation may change this in the future.  It doesn't exist currently.

The 74-page agreement between the city (Seller) and HUMC Holdco (Purchaser) says, "the Seller shall use its best efforts and cooperate with and assist the connection with efforts to obtain a property tax abatement, payment in lieu of taxes, reduced assessment or similar arrangement ("Abatement") with respect to the Purchased Real Property."

Last Beth Mason's website Mason411 is issuing personal animus as the "problem" leading into tonight's vote on the $5 million bond ordinance.  Funny, Beth Mason is nowhere on the agenda and no one is voting on anything about her.  It's about the hospital minions! 

The Beth Russo hydra is aligning to strike with the hospital its target.
Their thinking may be this is the best chance to also strike at Mayor Zimmer.
About that $52 million bond and 1200 hospital employees, too bad.
There's very bad mojo on this leading into the meeting.  Too much information is being leaked last second to make an argument NOT TO SAVE THE HOSPITAL.


Of course they will make all kinds of excuses as above, most of it is rather meaningless with the matter at hand RIGHT NOW!

This is exactly why the HMHA - the hospital board was created - to keep political hatred and petty jealousies out of the hospital.  Now with a $5 million bond maybe the difference between success and failure, the Beth-Russo hydra appears to be aligning to close Hoboken University Medical Center.

So great is the petty politics in Hoboken, the Beth Russo hydra could choose to close the hospital and see a tax increase out of it so they can see the mayor forced to raise taxes.

While Tim Occhipinti will do as he's told and gleefully so, will Coucilwoman Terry Castellano really go along with this chance to keep the hospital open for seven more years at a minimum?

Update: 6:20 - Hoboken411 is stating Holdco pulled out of the deal.  Not credible.  MSV will be the first to say, THERE IS NO OTHER BIDDER WITH ADEQUATE FINANCING!

The long knives are out and they are tossing out every excuse in the book!

Horse Sense: Hospital survival enters its final countdown

Ever since the City of Hoboken took on the responsibility of taking over a failing St. Mary's back in 2007, the road to sustainability was anything but certain.  Now Hoboken University Medical Center is looking into the abyss and facing critical mass.  By Friday, we should have an answer.

Among the most dire obstacles HUMC has faced since, grandstanding local politicians, state pols trading favors for union friends, ethically challenged lawyers yelling bankruptcy fraud - all of that fades into the backdrop as the final challenges will either be won or lost.

The duplicity, double dealing and sabotage on the hospital all comes to an end tonight.
Councilwoman Beth Mason along with the City Council will cast their likely final vote to save the hospital.

A pending sale to keep the hospital open at least seven years awaits a decision but not before the State.  The decision will be determined on satisfying creditors who must come to a settlement of $34 million owed.  The City of Hoboken already wrote off $2 million itself and tonight the City Council will consider an ordinance, one of several related items on the hospital to extend a bond ordinance on first reading for $5 million.

There are no guarantees it will be prove sufficient to the creditors.  Unless the City Council opts to increase the figure, this is the final offer.  Holdco may also add some monies to a final total and based on their investment to this point in the millions, one would expect they would do so.

The constituency most looking to keep the hospital open will be appealing to the two council members who originally passed the $52 million bond liability in 2007:  Terry Castellano and Michael Russo.  One of their votes is likely to hold the balance not only in passage of any bond ordinance but in the amount.

The mayor yesterday laid her final cards on the table to bring the deal to fruition proposing a $5 million bond ordinance.  No one can say what the creditors will accept at the end of the day, but they have been telling media sources they want about half the $34 million, requiring an additional $10 million with their eyes set on the Hoboken taxpayer.

There's been questionable actions throughout the hospital sale process working against the selected bidder Holdco by members on the City Council operating against the legal entity, the Hoboken Municipal Hospital Authority.  Some have acted to sabotage the deal by embracing one failed bidder, P3 in Connecticut.  That embrace has been both public and private with Beth Mason openly advocating for them.  This even though they repeatedly were offered every opportunity to demonstrate financing and failed to do so.  Councilman Dave Mello received a call from the failed bidder long after the hospital authority was working with the selected bidder Holdco to come to terms on a sale.  His questions to his colleagues at a City Council meeting on who else had contact outside the legal authority of the hospital board was met with telltale silence.

Coming on the back of multiple sabotage efforts against bidder Holdco, Beth Mason has also publicly backed one group of creditors in the hospital unions.  Observers at various stages of the hospital sale inside and outside HUMC believe she has worked to undermine the sale, whether working with Appleseed who linked a release questioning the sale directly to Beth Mason's controlled propaganda site Hoboken411 or with the lawyer claiming the bankruptcy declaration by the hospital is fraudulent.  This even with the hospital fighting for its life at death's door.

The open question today is what else has Beth Mason been trading on?  Has she been involved behind the scenes working with the creditors to push their agenda against the interests of the City and hospital amidst negotiations?

The acceptable number the creditors have fed to the media is $10 million.  Has Beth Mason been telling them she can deliver them another $10 million from Hoboken taxpayers?

Tonight all the cards are laid on the table with how people VOTE on the hospital.  The rest is just hot air.  It's put up or shut up and then cross your fingers as the creditors weigh the final settlement offer.

This is where the rubber meets the road.