So, Gov. Phil Murphy is determined to establish a state-owned bank.

It seems like a brilliant idea to the Jersey Democrats: Eliminate the middle man in their relentless pursuit of corruption, power grabbing and whim-of-the-moment, politically expedient social pursuits. They must be salivating with greed as they envision more jobs for relatives, friends and donors; impediment-free financing for sanctuary-state expenses; other pie-in-the-sky freebie projects; and plenty of cash for the local bosses to spend.

When it all comes crashing down in financial ruin, as any remotely reasonable person expects, just hand the bill to the taxpayer, blame Washington and move on to the next disaster.

Can the voters in this pathetic state of ours not see the facts? Really? Our failed leaders who have driven New Jersey to the bottom of every state ranking list are now “bankers”?

Let me answer my own question: No, the voters can't see it. They will continue to re-elect Democrats until we are bankrupt and floundering, blissfully ignoring the historic failures of any state or city with one-party rule.

This is the epitome of insanity. How amusing we must be to these phonies we call “leaders."

Lou Manfredo, Deptford Township

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