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Need a Hand?
Your Next Project Starts with Brownstoner
wendybear- we really must speak with you privately (your tiara depends on it) 🙂
“if we were truly capitalist we would have let the global economy collapse, and the majority of the brownstoner republicans would have less value in society than a barista at Gorilla Coffee ”
dh and dcb,
We have global examples where this happened and it was not pretty, entire nations have collapsed and their standard of living evaporated.
I don’t think that is an option we really want to explore.
Going back to a racecar analogy,
If you have no brakes do you prefer to stop by hitting a wall or by veering off into a field of grass?
bxgrl,
I agree that the corporations have a responsibility to the public and much work has to be done there. That’s why good leadership and oversight is so important. Both Parties have failed in that respect, from past example.
On the other hand, TARP recipients for the most part are back on their feet and the rest of the country is not. Yet we’re the ones being told we don’t deserve to be helped. Interesting. And I am being charitable when I say that.
By DeadCatBounce 11:18 AM
I thought I finally was going to close tomorrow. The bank agreed, the bank’s attorney agreed, the seller agreed, the seller’s attorney agreed. My attorney agreed.
Now the condo management company is saying they may not have enough time to update documents due at closing.
I am exhausted!
—-
D-Cat, I hope all of this goes through. When you *first* posted about the difficulties, my first impression was that the owner didn’t really want to sell. I didn’t post that at the time, however. And perhaps it was an incorrect perception on my part.
I’d say hang out with the friends one night, hit the strip club, then do the rest of the things.
Of course, I can never sleep when Scott’s not around.
And I’m fine with strip clubs. He can go to them. 😉
and almost person decision to let Lehman fail.
s/b personal
By BedstuyMaven on February 23, 2011 3:23 PM
I think when people talk about wall street bonuses, they forget all the “little people”; the admin assistants, tech people accountants, etc who don’t make big salaries.
Right on, BSM. This is forgotton. SO MANY people were hurt in the financial institutions who did not fit into the Master of the Universe category. Not to mention the shareholders (many of whom were the employees of these institutions getting bank stock as part of their payment).
“I think when people talk about wall street bonuses, they forget all the “little people”; the admin assistants, tech people accountants, etc who don’t make big salaries.”
no i don’t – i’m back office. i understand 100% how bonuses work at banks
By DeadCatBounce on February 23, 2011 3:19 PM
Legion, that is why I think in the long run we would have been better off (in the very long run) letting many of the financial institutions fail.
D-Cat the key word in your comment is very long run. Of course, the very short run would have been uglier than anyone could have been able to bear. Politically and socially. I wonder though about the wierd and almost person decision to let Lehman fail.