Open Thread
Need a Hand?
Your Next Project Starts with BrownstonerMost Recent Articles
Need a Hand?
Your Next Project Starts with Brownstoner
I do too, M4L. Cops put their lives on the line too. We are approaching the end of an era though. I have family who retired from FDNY. I am happy they are OK but the deal with be different in the future.
“What happened, really cannot happen again.”
I wish I could agree with this. Bank balance sheets (of the money centers) are as impenetrable as ever. Their use of leverage is very high. Their accountability, very low.
I was the one who raised the police/fire thing, I think. I meant it as a counterpoint to bonuses for work that isn’t truly vital. Like I posted earlier, no one dares cut the defense budget and no way we need to be mobilized like we are now.
“jessi, people are afraid to touch police/fire benefits.â€
Yeah, DeLepp – that’s what I’ve heard. So basically it’s let’s cut the benefits of those who can’t stop us from doing so. And then call them lazy and selfish when they protest the change.
I believe firemen deserve their pay. everytime they go to a fire, life at risk. them saving lives (which is black & white to see) counts a ton more in my books than some other profession claiming how great they are impacting people’s lives. Only doctors/nurses can claim they have similar impact but then they aint putting their lives on the line with every emergency
Scott just told me that others post their email addresses on here. It totally goes against my better judgement, but I suppose I can handle the influx of spam that always results, if I mitigate it by posting carefully.
It’s my handle here at gmail.
There, Scott, is that enough of not being coy? *eyeroll*
“ha ha,
I think we should have veered off and taken the exit to the nearest strip club.”
Are you supposed to just talk amongst yourselves at a strip club though? Like, “Oh, I see naked hot women all day long, this atmosphere is totally normal to me.”
I agree with M4L at 3:42pm.
And did any of you free market, flag waving optimists follow me into the long side?
By DeadCatBounce on February 23, 2011 3:36 PM
Legion, Dona, none of us will ever know what would have happened if Goldman, Merrill GM etc would have been allowed to fail. I am sure it would have been ugly.
That is true. But I am afraid that as a society we do not want to deal with those ugly consequences. (Images of middle class Argentineans picking through garbage at night post 2001 default come to mind….) That is why I had no trouble at all with the bailout. A lot of Frank-Dodd addresses issues of leverage and transparency. In my corner of the world, which has always been highly transparent, certain regulatory changes have been mandated to make it more transparent. Some of the regulation is confused though. What happened, really cannot happen again.