Each week in Face Time, NJBIZ editors approximate Chris Christie's mood and facial expressions based on the news.
FACE TIME: UNSTOPPABLE
One poll has him ahead of his Democratic rival by 40 points. He's got half the state's Democratic Party calling for his head over the special election; the other half has endorsed him already. Who can possibly dethrone the governor at this point?
Jimmy Buffett brought the crowds to Atlantic City for the second-biggest beach concert in the city's history, in a bid to lure parrotheads to his Margaritaville project as Resorts. Nice to see an aging singer/songwriter can do what a $2 billion casino cannot — bring people to the beach in Atlantic City.
The newest FEMA flood maps are overall good news for most residents here, many of whom feared they'd be forced to undertake expensive house-raising projects in order to be in compliance with them. It's not so great news, though, for contractors hoping to perform this kind of work down the Shore.
He very publicly pit himself against Christie by endorsing the Democratic gubernatorial candidate, whatever her name is. While that's no recipe for winning in the short-term, his loyalty is likely to be remembered, just as Joe D. and Brian Stack's disloyalty will be. Elephants aren't the only ones who never forget.
An AARP survey of its voting-intensive demographic found a majority want electric utilities subject to greater regulation. As if that weren't enough, two-thirds want repair costs for disasters like Sandy to be paid by shareholders, not customers. Shocking, no, but we bet it'll hold a charge in the C-suite.
The electronics maker lost EPA support for its major Palisades headquarters project last week, not long after a group of four ex-governors asked the company to scale it back. That would seem to be a setback for a great ratable for Englewood Cliffs, but the town insists it doesn't need EPA support.
Toys R Us
The quarterly numbers were a litany of bad news for Toys. Losses topped $100 million, net sales plunged and same-store sales disappointed. The company said declines in seasonal, juvenile and entertainment categories were to blame. That's a troubling sign if there was one.
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