May 2, 2009 8:53 PM

Stimulus A Boon For Polluted NJ Watershed

By
Jeff Glor
(CBS)  The economic stimulus bill passed earlier this year has some added benefits in places like New Jersey. The bill included $600 million in new money for an old job - cleaning up dozens of polluted Superfund sites - while adding badly needed new jobs in economically hard hit areas, as CBS Evening News Saturday anchor Jeff Glor reports.

You can still find beauty along a stretch of wetlands in southern New Jersey, despite what it's been through.

From the 1950s to the 80s, the Vineland Chemical Company spewed more than a hundred tons of arsenic into the Maurice River system, which made its way downstream through lakes and creeks as far south as Cape May point. The pollution reached 40-50 miles downstream.

Community activist Jane Galetto watched the silent health hazard unfold. The old chemical company shut down, the owners passed away, and the 54-acre toxic site became a public problem.

The responsible parties are gone, and that means taxpayers are left picking up the tab for the cleanup.

Since the late 90s, the Vineland plant has been classified as a Superfund site, which means the Environmental Protection Agency gets taxpayer money to clean up the mess.

But considering the scope of the damage, the $9.5 million a year the EPA received meant slow progress.

Now the EPA says the economic stimulus will provide a booster shot of up to $25 million more to speed up clean-up and, as a bonus, add up to 50 jobs.

The stimulus money is "very important," said Ron Namen, the Vineland site manager for the EPA. "We're hoping to, actually perhaps double the amount of staff we have here and expedite this project by as much as two years."

"It beats the alternative of just leaving it alone and ignoring it as if it'll go away on its own because it's not gonna go away on its own," Galetto said.

Cheryl Fox, who runs a canoe and kayak business, says cleaning up the wetlands is bringing tourists back to the area.

"We are growing," she said. "We more people gravitating to this area."

And for those who never left - human and otherwise - it could mean a better place to raise a family.

"We're gonna create a nice stream corridor and wetland area much like the area was 40 or 50 years ago," Namen said.

Cleanup costs used to be paid in part by a Superfund tax on chemical and oil companies, which expired in 1995.

Some environmental groups hope that when the stimulus money expires two years from now, the old tax will be restored. But new chemical companies are opposed, saying they shouldn't have to pay for old sites they didn't pollute.

Copyright 2009 CBS. All rights reserved.
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by american151 May 4, 2009 10:33 PM EDT
I don't think that funding for Superfund is completely explained in this story. The EPA is allowed to "compel responsible parties to perform cleanups or reimburse the government." The key is "responsible parties." A recent example is a case where companies and individuals sold material to a licensed recycle center that eventually went out of business. Since the recycler was gone, the EPA decided that anyone who had delivered material to the recycler was a ?responsible party.? The cleanup was funded by the recycling center?s customers. Assume that you get the oil changed in your car and the service center goes out of business and leaves a mess; is it your individual responsibility to fund the cleanup? The EPA may think so. The burden does not fall solely on taxpayers.
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by ubrew12 May 3, 2009 7:13 PM EDT
Look, every sector in the economy adds value to the economic product. But, what does the finance sector do? Does it bend steel, plant crops, fry meat patties, WHAT? The finance sector uses its special relationship to government (i.e. its government-granted ability to literally INVENT money on the spot), to DECIDE what gets made by the other sectors in the economy. Now: how much work does that require??? In a government-SEC-regulated OPEN market, it requires NO WORK AT ALL. The market basically runs itself, and the taxpayer pays to keep the SEC cops on the beat, making sure that all investment information is honest and above-board. So, what do the 'master of the universe' bring to this decisionmaking process? ALL THEY CAN DO, BY DEFINITION, is offer an alternative to the OPEN MARKET. And what is THAT, by definition?? ITS A CLOSED MARKET!!!! An insiders MARKET!!! A market in which the big players can game the little players by CHEATING!!! Holding on to information and NOT sharing it on the open market. And THAT, basically, is what derivatives and credit default swaps are. They are INVESTMENT ALTERNATIVES TO STOCKS/REAL ESTATE THAT BASICALLY HAVE NO VALUE!!! But (and THIS is important) ONLY the guys on the INSIDE of this closed market KNOW THEY HAVE NO VALUE. The rest of us get to find out when the spring is sprung and we're bailing out 'too big to fail' companies with trillions in tax dollars OR THEY'LL SHUT DOWN OUR CREDIT MARKETS.. This is the U.S. credit market being held HOSTAGE, by our insider-well-placed FINANCE SECTOR. A sector that can offer investors NOTHING, but an alternative to the gov't-regulated OPEN stock and real-estate markets. And that alternative can ONLY be a closed market; one in which insiders conspire to rip-off the outsiders, and escape with their life savings. And thats EXACTLY what has happened here, in the HUNDREDS of TRILLIONS of dollars. This CRIME can not go unavenged. To do so is to invite EXACTLY the same thing to happen all over again.
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by ubrew12 May 3, 2009 7:01 PM EDT
whitemale08 said: "I'm losing faith in President Obama because he doesn't have the guts to shut down Goldman Sucks, JP Morgan, HSBC and others to protect the American taxpayer from the trillions in their worthless derivatives and credit-default swaps! "

I'm convinced you're right. Time and time again, Wall Street and the well connected get money from investors, taxpayers, pension funds, etc, and time and time again the little guy is told, 'We PROMISE: we're going to rein these guys in real SOON!"

They get cold hard cash, and WE get a promise. Again and Again.

I read an article in the Economist Magazine this morning, that the problem with dealing with the derivatives crisis 'efficiently' is the political consequences of doing so, i.e. the PROBLEM is all the little people like you or me saying 'enough with the PROMISES' to rein in greed and avarice in our finance sector, DO something already.'

What Obama and company are doing is ENSHRINING the status quo. In case no one has noticed, the STATUS QUO IS DEDICATED TO FLEECING THE ENTIRE POPULATION OF THE UNITED STATES. THEY THINK THEIR OVERWEENING GREED IS NORMAL. They think its normal to think of themselves as wolves, and you and me as sheep. Its time to send THEM another message. Frankly, its time to break out the guillotines, and lop of enough heads until they GET that message.
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by whitemale08 May 3, 2009 6:17 PM EDT
Guess what America...

it's ok to put your 401(k)s back into the stock market like Goldman Sucks, Wells Fargo because the GOVERNMENT DID 'STRESS-TETS'!

Guess what America...

Moody's was right, the fundamentals of worthless derivatives and credit-default swaps owned by Goldman Sucks ARE SOUND!

SO GO AHEAD MY FELLOW STUPID PEOPLES AND PUT YOUR MONEY BACK INTO THE BANKS!

TELL YOUR PENSION FUND MANAGERS THAT IT'S OK TO PUT YOUR MONEY BACK INTO GOLDMAN SUCKS AND JP MORGAN BECAUSE WE DID 'STRESS TESTS'!
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by whitemale08 May 3, 2009 5:07 PM EDT
The so-called 'stress-tests' are fake and nothing more then another 'Moodys' AAA on garbage credit-default swaps.

I'm losing faith in President Obama because he doesn't have the guts to shut down Goldman Sucks, JP Morgan, HSBC and others to protect the American taxpayer from the trillions in their worthless derivatives and credit-default swaps!
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by qfew9 May 3, 2009 2:15 PM EDT
We ( in NJ ) have the highest taxes in the country ... no wonder our state is so polluted ?
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by wtcmedic911 May 3, 2009 2:14 PM EDT
did this create hundreds or thousands of jobs? if not then they are thinking trickel down will stimulate the economy? is so thats a gop therory that works..
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by dsjr051 May 3, 2009 2:12 PM EDT
My question is not about the cost. But where was the contaminated dirt, dumped, was it cleaned. Un-contaminated, we were not told this in the news. Where and what happened to it?
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by ubrew12 May 3, 2009 10:53 AM EDT
conservputz said: "I would not put that much blame on Wall Street because the wall street crowd has always been greedy. They are greedy now during the perceived economic mess, and they have been just as greedy during economic good times. So, why blame Wall Street. "

I think the proper word here is 'sheep'. If you can't blame Wall Street NOW, when they've just cheated you out of trillions of dollars, then you are going to be victimized over and over again. This economic crisis is specifically caused by WallStreet gambling, something they knew they shouldn't do morally (and the Canadians and others DIDN'T do), but legally, they could do. They knew eventually you would have to pay for their ripoff. That you don't blame them for that is just sheep behavior of the most disgusting sort.

People like you deserve to be ripped off, as you basically ask for it.
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by tmittelstaed May 3, 2009 4:38 AM EDT
"...Man that is a great stimulus there spend 600 million to create 50 jobs..."--Posted by stimporksuks

Boy what an idiot you republicons are, you can't even understand plain english. The 50 jobs are being created by the additional 25 million. The 600 million is for dozens of Superfund sites across the country.

In any case do you even understand what is involved in cleaning up a toxic site like this? They have to dig down 100's of feet to essentially strip away the original riverbed, then the thousands of tons of contaminated soil have to be hauled away to a lined landfill in a geologically stable area and sealed up, then fresh uncontaminated soil has to be hauled in to replace what was dug up. The energy/fuel costs alone to move that huge volume of soil are enormous. And everyone working in the area has to be suited up in bunny suits, all equipment has to be decontaminated when they are done using it, the list of stuff that has to be done is gigantic. And everything has to be tracked down to the last nail to prevent some worker 30 years from now who comes down with lung cancer from smoking from successfully suing the government claiming his cancer was caused by working on a Superfund site.
And if you think this is bad it doesn't hold a candle to what has to be done to clean up a contaminated nuke site - like the Hanford site in WA.
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