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June 17, 2008

Tuesday Links

The Lake at Prospect Park. Photo by pictureinfocus.
New Safety Rules at High-Rise Construction Sites [NY Times]
Projects Face Loss of Community Centers [NY Times]
Times Poll: Bloomberg Still Very Popular [NY Times]
Waterfalls Project Starts Next Week [NY Daily News]
Ikea Store Already Drawing Crowds [NY Daily News]
Junior's Cook Caught Stealing Lobsters [NY Post]
Bonds Beat Brownstones [Bloomberg]

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I guess Raymundo at Juniors just wanted some tail!

Posted by: Bold type guest at June 17, 2008 8:32 AM

tenants "outraged" at free community centers closing after paying their $281 dollar rent?

Thats some chutzpah.

Posted by: guest at June 17, 2008 9:00 AM

Hey Bstoner! Congrats on your (our?) mention on Bloomberg. And daveinbedstuy gets publicly defrocked, as well. Ha.

Posted by: guest at June 17, 2008 9:23 AM

I get all my financial advice from this blog. Brownstones are soooo 2006!

Posted by: guest at June 17, 2008 9:28 AM

shame bold type guest didn't comment on that muni bond thread, it would have been a three ring circus.

Posted by: guest at June 17, 2008 9:30 AM

Big difference in income if you're only getting 4% and not 5%, which was my point. Then there is the additional issue of diversification. If you have all your money in just 2-3 of these higher yielding issues you are foolish. They are higher yielding for a reason...they are riskier. But they've been rated by Standard & poors so, not to worry.

Posted by: daveinbedstuy at June 17, 2008 9:33 AM

BTG, re: your lobster reference, now that he's got the tail, I hope he won't get the crabs!

Posted by: Biff Champion at June 17, 2008 9:56 AM

camping out 3 nights for a *chance* to win a $400 ikea sofa? i don't get it.

Posted by: guest at June 17, 2008 10:01 AM

He should also be charged with animal abuse and have to register as a sex offender (if convicted) for stuffing them down his pants.

Posted by: Bold type guest at June 17, 2008 10:03 AM

Don't the lobsters have any responsibility for their part in this sad episode?

Posted by: bxgrl at June 17, 2008 10:19 AM

bxgrl, you might be right, especially if the lobsters were over 18 years old. They may have lured poor Raymundo by posting pictures of himself covered in garlic butter. Don't be surprised if we catch one of them on Dateline's "To Catch a Crustacean".

Posted by: Biff Champion at June 17, 2008 10:27 AM

No bxgrl, they weren't accomplises. It's akin to kidnapping.

This is why the House of Detention needs to reopen. As times get harder (read The What), these petty larceny crimes will skyrocket.

I just wonder what happened to the lobsters? Were they put back into the freezer after being down Raymundo's pants and inside his bandages??

Warning not to order the lobster tails at Juniors for the next couple of weeks.

Posted by: Bold type guest at June 17, 2008 10:30 AM

That writer for bloomberg is a total shill for the muni industry. Just read his past columns.

And his comparison is bogus. Most people buying a $3.5M house (or any house for that matter) are doing it with leverage. So the ROI is totally different. I'm not necessarily saying that the house is a better investment vs. the munis, just that someone with the equity to invest in a $3.5M house would not expect to see $175K tax free from the muni investment, even at 5%.

Posted by: guest at June 17, 2008 10:30 AM

10:01, if they can be sure they're in the first group of shoppers in the door, then they are guaranteed to get the sofa or whatever. and if you still don't get it, be glad you have enough dough to never even consider doing something like that.

Posted by: Jimmy Legs at June 17, 2008 10:34 AM

Seduced by a sexy lobster...

http://blogs.nypost.com/40by40/archives/2007/07/seduced_by_a_se.html

Posted by: Bold type guest at June 17, 2008 10:34 AM

BTG, I think anyone who goes to Junior's to eat lobster deserves what they get! Stick to the smoked meat and cheesecake. It's what they're known for and likely not to have spent time inside anyone's pants prior to being served. Actually, considering the proximity of the lobster claws to Raymundo's crotch, it might be well advised to avoid ordering the salami too!

Posted by: Biff Champion at June 17, 2008 10:39 AM

"This is why the House of Detention needs to reopen. As times get harder (read The What), these petty larceny crimes will skyrocket."

The HOD was never closed, they just used Rikers Detention Facilities. BTW If you Asshats think the NIMBY's will close HOD, you are smoking crack!

"Bonds Beat Brownstones" Ah no....

Ah, the Bond Market! Now you are going to see some great returns! Rates are going up and hopefully money will mean something again.

I can't see why people spend their money in Junior's! They food SUCKS SUCKS SUCKS! Over 100 dollars to get sick, yeah right.

The What

Someday this war is gonna end...

Posted by: what at June 17, 2008 10:53 AM

the lobsters are guiltless, they have no free will.

Posted by: guest at June 17, 2008 10:55 AM

9:00 AM - Hope you mugged over and over and over as this is the future if these facilities close.
To many it's the difference between staying out of a gang and getting a job so you should be more than willing to contribute to them staying open or your B'stone will be worth half when the crime rate starts to climb again.

Posted by: guest at June 17, 2008 11:34 AM

Lobsters have free will. they freely did things too awful to contemplate to Raymundo.

BTG-Isn't putting lobsters into someone's pants considered extreme punishment? To the lobsters?

Posted by: bxgrl at June 17, 2008 11:41 AM

No bxgrl, you only mete out extreme punishment to a creature when you put it inside of *your* pants.

Posted by: guest at June 17, 2008 12:14 PM

i was wondering when bxgrl's fan club would get out of bed

Posted by: Bold type guest at June 17, 2008 12:30 PM

BTG- wouldn't it have been nice if they just didn't? But that would be expecting a level of maturity and intelligence they have never exhibited. :-)

Posted by: bxgrl at June 17, 2008 12:41 PM

11.34 whats your "logic" got to do with their chutzpah?

Posted by: guest at June 17, 2008 12:59 PM

11.34 - I don't own a brownstone, I could not afford one, I rent a condo in an area where there are no projects. But thanks for your warning that the alternative to community centers is crime.

Posted by: guest at June 17, 2008 1:03 PM

DaveinBedStuy just can't ever admit he's wrong.
You're argument wasn't 4% vs. 5% but rather want sort of pad you can buy and the investment vehicle. You spoke again about something you know nothing about.
You're turning out to be a more annoying version of the what. Which could be a good thing, since your stupidity is getting press.

Posted by: guest at June 17, 2008 1:04 PM

1.04 - he'll soon be stating that your reading comprehension is inadequate. Like brxgrl with her "you're not intelligent" standard retort.

Posted by: guest at June 17, 2008 1:09 PM

I guess my living standards are just higher than yours 1:04....

Did you even know how to do the math on the yield calculation before the article was written?

Posted by: daveinbedstuy at June 17, 2008 1:14 PM

Hey Dave, now you're famous too! Well, not famous like the What ... you got owned in print. Still, you got your 15 seconds.

Posted by: guest at June 17, 2008 1:16 PM

Dave - you'd have to be a math dyslexic not to be able to calculate 4% or 5% of a given number. Be serious.

Posted by: guest at June 17, 2008 1:23 PM

A lot of people on here with far more serious issues than dyslexia 1:23, my apparent stupidity notwithstanding!!!

Posted by: daveinbedstuy at June 17, 2008 1:30 PM

11.34 - You hope someone is mugged becuase they hold a different opinion than you?

I presume you're a product of the environment you are discussing in your post. Ugh.

Posted by: guest at June 17, 2008 1:34 PM

"tenants "outraged" at free community centers closing after paying their $281 dollar rent? Thats some chutzpah"

Yeah, 9AM, because living on 22K a year with a family is SOOOOOO easy, here in NYC. The chutzpah is your assumption that they are getting over, while the article clearly states that the center programs provide day, afterschool and senior/disabled care for working parents who are working to provide for their families. Who are you to begrudge people some help? Would you rather pay more to jail their kids, or provide special ed classes, or warehouse their elderly in substandard old age homes?

The real chutzpah is in the shortsightedness of budget bean counters who are always eager to slash preventative programs, and then have to raise funding for punitive programs, while people who feel as you do, begrudge poor people whatever small pittance of help that does manage to come their way.

Chutzpah, indeed!

Posted by: Montrose Morris at June 17, 2008 5:55 PM

Go MM!

Exactly right. Even if it shrivels your scrooge-like heart to hear of anyone getting anything "unearned," in your opinion, 9AM, from a standpoint of cost and practicality, preventative measures are far cheaper than incarceration. FACT.

Posted by: guest at June 17, 2008 9:24 PM

I know Raymundo isnt going to do any talking at his trial. His lawyer told him to clam up.

Posted by: guest at June 17, 2008 10:39 PM

"Who are you to begrudge people some help?"

I don't begrudge them it. Getting something for free, and then getting something else for free, and then being "outraged" that you might not get it any more, thats chutzpah. Disappointed perhpas. Upset? ok.

Outraged? Take a hike.

And don't give me the poverty = crime crap. its cutlure that = crime. There are very poor asian, hasidic and some polish areas of this city where the majority of residents are impoverished, some below federal poverty levels (which $22K is most certainly not) and crime is virtually absent.

The culture of expectation without sacrifice is continually facilitated by this crap.
Thank god Clinton's welfare reform stopped this getting even worse.

Posted by: guest at June 18, 2008 8:37 AM

give up - project residents are beyond criticism on account of their martyrdom in the name of poverty.

Posted by: guest at June 18, 2008 8:46 AM

So the way to change things is by simply closing down the community centers and throwing the kids who could be helped and might have a future to the wolves? Yeah- that's good.

FYI- there isn't an economic group in this city who doesn't get something form it. Rich people get tax benefits, developers get city tax money for their projects, public parkland is given over to expensive condos, or hi-end sports facilities that no poor kid could dream of playing in. Public streets get closed off to make fancy courtyards (after rich developers ask for eminent domain)- the big difference is what the city does for the more financially well off is to make it more enjoyable and elitist. What it does for the poor is to give them the necessities to try and get them out of the projects and eventually into schools and careers.

Poor people are mostly working poor who also pay taxes. Getting work cost them the same 2 bucks per ride as you, but it's a bigger bite out of their budget. Everything does- so while you mince around town deciding which wine goes with your meal, poor people are trying to afford orange juice.

If they need help, it isn't free- they are WORKING poor and they PAY taxes. Some of those centers were for senior citizens- who had long working lives in which they PAID taxes.

Posted by: bxgrl at June 18, 2008 10:39 AM

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June 17, 2008

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