interesting supposition in today's NY Daily News-he thinks that certain decisions being made for the Bronx are being motivated by the mayor's personal pique against Bronx BP Ruben Diaz:, the man who played a key role in the killing of the Kingsbridge Armory project "Gov.-elect Andrew Cuomo sort of stuck his thumb in Mayor Bloomberg's eye last week by naming Bronx Borough President Ruben Diaz Jr. to his transition team on economic development.This after Ruben killed Mike's plan to develop the Kingsbridge Armory into a retail mall, and then became a leader in the growing movement to give workers a living wage at projects heavily subsidized with taxpayer bucks. If anyone has been off the planet, it now looks as if Mike is so frosted over Ruben's mall-killing move, he's looking for revenge."
And here's how: "Bloomy is putting the kibosh on a plan to move a National Guard unit quartered next to the armory into a vacant Army Reserve Center in Wakefield. The move would open the way to build much-needed schools next to the armory, which would also act as anchors for future development. Instead, the administration insists on opening a homeless shelter at the reserve center. This despite a ton of homeless shelters already there or planned for Wakefield. There's a city hearing Thursday on a proposal to open a shelter just across the street from the reserve center."
How nice! Screw the citizens of the Bronx because of personal animosity towards the BP-but doesn't that overlook the fact that it was the city council-and not the sidelined Diaz-that overwhelmingly put the kibosh on the ill conceived Armory plan? And how reminiscent is all of this?
Remember back in 2005 when then Speaker Gifford Miller was busting old Bloomy's chops on the city's SWMP? When the dust settled on that dust up, Bloomberg shoved a solid waste transfer station right up Miller's caboose on 91st Street-damning all of the public housing residents at Stanley Isaacs and John Holmes Towers to be exposed to the stench that would be right across the street if and when the MTS is built.
This kind of mayoral arrogance is what has gone unchecked for nine years-and is precisely why the mayor felt that he could foist an under qualified Cathie Black on the school children and parents of NYC. He may, however, finally gone too far-and the blow back is certainly building towards a comeuppance.
Kappy has an - Greenspan's Cult of Personality... Review topics and articles of economics: Alan Greenspan was a legend in his time and there was no shortage of praise for him back then. For example, who can forget Bob Woodow's 2000 book Maestro: Greenspan's...
- Yes Tyler, Low Interest Rates Matte... Tyler Cowen is wondering whether the Fed's low interest rates in the early-to-mid 2000s really were that important to the credit and housing boom of the early-to-mid...
- The Eurozone Crisis: Deja Vu... Review topics and articles of economics: Randal Forsyth sees similarities between the current unfolding of the Eurozone crisis and that of the U.S. financial crisis a few years back:Just as the problem on this...
- Charles Plosser and the Burden of F... The Economist's Free Exchange blog is shocked to hear this from Federal Reserve Bank of Philadelphia President Charles Plosser:"Since expectations play an important role...
- Arnold Kling and Expected Inflation... Review topics and articles of economics: What do we know about expected inflation? According to Arnold Kling not much if we look to financial markets:I'm also not convinced that we can read expected inflation...
- A Paper on Stabilizing Nominal Spen... Given the recent discussion on stabilizing nominal spending as a policy goal I found this article by Evan F. Koenig of the Dallas Fed to be interesting: The article...
- Why The Low Interest Rates Mattered... Review topics and articles of economics: This is the second of two posts detailing why the Fed's low interest rate policies in the early-to-mid 2000s was one of the more important contributors to the credit and...
- Why The Low Interest Rates Mattered... This is the first of a two-part follow up to my previous post, where I argued that the Fed's low interest rate policy was a key contributor to the credit and housing...
- The Stance of Monetary Policy Via t... Review topics and articles of economics: There has been some interesting conversations on the stance of monetary policy in the past few days between Arnold Kling, Scott Sumner, and Josh Hendrickson. Part of...
- Scott Sumner's New Best Friend:... Joseph Gagnon is calling for $6 trillion more in global monetary easing. This should not be too hard to implement since the Fed is a monetary superpower.Update: The...
0 comments:
Post a Comment