He's destined for the US Congress. Look beyond the allegations, and see the brilliance. He could have been the first person in history to borrow his way out of debt. Our nation needs more of this brilliance.

It's time for Schroeder to sell his "King of Washington Township" house, pay off his debts, and start living like normal people. The only remaining question is this: Is he just someone who didn't want to admit how bad his financial condition was, or is he a sociopathic grifter?

Schroeder is a master of BS. he conned these people into borrowing money. I wonder what due diligence they did on his business, or did they just give him money beacuase he is Schroeder. the Ceo and BOD of oritani are also negligent, unless of course everything schoder provided was false. I have one word for all this PONZI.

oritani lent money as far back as 2006, and continued to lend money in 2007 and 2010.. come on, who runs that place,,

Most politicans get corrupt sweet deals from banks, construction companies, etc. Nothing has changed by having Chris Christie in office. Look at the issues surrounding the NJ halfway houses run by Community Education Centers.
http://www.nytimes.com/2012/08/22/nyregion/suit-says-newark-halfway-houses-operation-is-illegal.html

I would not call Mr. Dugan a moron. I think he like so many others cannot believe that the same man who contributed to so many "causes" in Township was a fraud. Now people are coming to realize that it was NOT with his own money and that he has taken money from so many that will never see full recovery at this point. He can sell all of his properties tomorrow and that will only satisfy maybe half at best. I still say we have not seen the end of the debt out there. He should resign but it is also obvious at this point that the Republicans in control do not want him to do so till after the September cutoff so they can save the seat. Democrats would do the same thing if it was one of their own. The pity is that there are no laws in place to avoid this. The Attorney General has to do her job and do it ASAP in indicting him so he has to step down.

The Republicans in charge will go down with this ship before they throw him out. Why, I don't know.

If it's good enuf for the dem allstar father jim mcgreevy holding the seat for "hack" Codey then for jon "MF" CorSlime then it works for the republicans.

And who can forget the "torch" Torricelli dropping out of the senate race because the voters were tired of the sleaze ball and the left wing supreme court allowing Frankie Lautenbag to take the torches spot. And we are still stuck with the guy that belongs in the glue factory.

Obviously those two scumbags are just that. But let's keep playing this tit-for-tat game that both parties just love to play. That got us in this mess we find ourselves in. But darnit to hell, my team won!

Exactly Joe Taxpayer, enough if enough laws have to get tightened regarding these corrupt politicians but that is not going to happen since politicians have to pass the laws.

What should concern every township citizen is not only do we have to deal with the fact that our elected assemblyman refuses to step down (even if acquitted, he clearly does not have the ethics and judgment to serve) we also have legitimate questions to ask of the judgment and potential conflicts of interests and ethics of other elected officials who have been entangled financially with Schroeder and whether they are worthy of our votes. Schroeders donations and hence his influence reach deeply throughout the county and local Republican party. Couple this with the less than capable leadership of our mayor and council, I strongly believe that we should urge our fellow residents to build a movement to replace the mayor and each and every member if the council with new and, dare I say , independent candidates. Why? Because our county republican elected officials and the BCRO and chairman have performed horribly and are fast becoming an embarrassing joke. Why should we allow or trust them to plug in their people? Our Township of Washington seems to be at a turning point and in need of new leadership.

i am leaning to run for mayor. I will ask for everybody's support in due time

Dear Mr. Dugan,

My apologies for insulting your intellect. Sorry to say, I will stand by my character assessment based upon your letter to the editor of the Record on August 22nd. First of all you for some reason feel the need to attack the President of the United States of America as somehow the cause of the criminal actions of a Republican legislator from New Jersey. Mr. Schroeder has stolen money from people who trusted him yet you state that "Come Election Day, I'll remember Schroeder as a successful entrepreneur who has fallen on hard times and President Obama as the worst president in our history." as if President Obama somehow caused Mr. Schroeder's business to suffer because he stopped a war in Iraq and by "downsizing" the war in Afghanistan. That is the same moronic sentiment expressed by Schoeder when first arrested. How much are you in for? Walnut and B@B have it right on. You like so many in town have lost touch with reality and are living in Republican fantasyland.