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Posted on 01/11/2012 10:05:34 PM PST by neverdem
New York is obviously holding out for more Federal money - you and I paying for their environmental agenda. Otherwise, it’s no skin off my shin of NY refuses to take advantage of natural resources under their feet.
The only thing NYC did for the US foster Wall Street whose reckless behavior with paper destroyed 11 million American jobs and almost destroyed the world economy with their toxic assets and derivatives. At least the oil and gas companies produce honest products that can be accounted for, sold and exchanged for real money vs Wall Street paper games that even federal regulators could not understand. If the US wants to recover, dump Wall Street and embrace honest products produced by mines and factories.
Up state New Yorkers and Wall St. types have little in common.
As a former NYer, I say let them tax the idiots to death while prosperity abounds around them. People will move out lowering the tax base forcing even higher taxes.
Government caused the financial melt down, not Wall Street.
Wall Street simply reacted to stupid Federal mandates.
The environmentalists’ opposition for selfish reason is similar to what is occurring in the U.K. There, environmental groups oppose the construction of a Lithium plant. It is clean, low-risk and has no waste issues. The dangerous factor for environmentalists, however, is that it can process dangerous nuclear waste from Nuclear plants, converting it to harmless material. This enrages environmentalists, since the danger of nuclear waste has been their biggest talking point against nuclear energy. They can’t articulate this, so they have become quite irrational, though of course no less effective among their constituency.
Wall Street simply reacted to stupid Federal mandates.
There's plenty of blame to be shared by both the Feds and Wall Street.
Wall Street banks were pitching the sales of these toxic assets to the public while at the same time was betting against them. The Federal Government, which helped create them by forcing these Wall Street banks to issue them to otherwise uncreditworthy homeowners in the name of "diversity."
“New York is obviously holding out for more Federal money “
No, they just don’t want any gas or oil production because they think it is dangerous and they don’t seem to understand how much MONEY it could generate.
Believe me, the downstate dipshirts that run this state really ARE that stupid.
I live not far from what would be NY’s “frack central”. It would sure be nice to have some economic activity that wasn’t govt related around here.
We could go a long way to solving many of NY State’s money and employment problems if we would let private enterprise go after the natural resources under our own damn feet.
We sit here with dead towns all over the place while right across the PA border they are booming. And all we have to do to boom right along with them is let private enterprise do it’s thing.
It makes my blood boil!
FReepmail me if you want on or off my New York ping list.
Boys will be boys. I have no problem with that. ... Just don't turn around and run for President saying that you've been creating jobs. We and Newt will call you on that.
Don’t let some of the Romney bots hear you saying that on here. They’ll tell you that you don’t understand capitalism and claim that you’re a Conservative OWS.
To hell with the moral hazard issue with Romney’s (lack of) business ethics or his other even more abominable stances on health care, gay marriage, gun rights, etc. Just believe, the mushy Massachusetts moderate that lost to Ted Kennedy can beat Obama. Believe. /sarcasm
That is the sad part. New York state is blessed with much resources yet liberal NYC dictates the terms.
Fed gov is responsible for causing part of it. However Wall Street bankers invented the liar loans, had rating agencies rate it AAA paper and sold it to unsuspecting investors and pension funds. This was not perpetrated by a few isolated bankers, it was bank wide. Almost everyone was doing it until it exploded. MERS, robo signing, liar loans, etc were not Federal mandates. The only thing the feds did wrong was subprime loans and willing to guarantee the mortgage notes thru Fannie Mae and Freddie Mac without thorough review of the paper they were buying, and lying about the losses till it was too late. Gov is further complicit by not prosecuting the bankers for violating SEC laws as well as local state laws on banking. Obama is suppose to be the most anti business POTUS has not even put one major CEO in jail, instead he goes to them for political donation for 2012 election. Can we say Wall Street owns Wash DC?????
Some freepers will call you a Communist for holding bankers partially responsible for this mess. Some of them are blinded by their ideology that corporations can do no wrong and all blame falls on gov. Democrats are the opposite, gov can do no wrong and everything falls on corporations. Bottom line is by the time we convince the people of the truth, it is already too late. Spend the time to prepare your family for the currency crisis as our financial system is running out of paper schemes to prop it up. Stock up on food/water, guns/ammo, prescription drugs, toilet paper, precious metals and hard assets. Read up on Argentina, Mexico, Serbia and even Russia as their gov ran out of money and the banking/paper currency system collapsed. Bank holidays, high inflation, shortages and outages, and currency resetting will destroy people’s savings unless one is prepared properly. Also study post WW2 Britain as their society had to cope as the British pound no longer was the world reserve currency and the hardships the middle class endured as their buying power eroded slowly. The erosion of the middle class has political ramifications. When our two party system can no longer provide fast solutions or answers, then a third way will be seek. Depending how bad it gets, it could mean a dictatorial government and the end of our republic. Right now part of the revolt think it is big government and the other part think it is Wall Street bankers, sooner or later someone is going to figure out it is really both. When that happens the existing elites of our nation will be swept away thru polls and the new government will jail Dems/GOP/Wall Street bankers.
Robert F. Kennedy, Jr., the president of the environmentalist Waterkeeper Alliance
This is the problem, him and his other family member working for Hugo Chavez.
Only in NY where more people have left than arrived every year for the past ten years.
Only in NY where, in my Town, the cost to educate a single student in a mediocre school system, is over $24,000/year.
Only in NY where 90% of Long Island Railroad employees retire with disability benefits.
Ah yes... New York. Land of the giant sucking sound.
But this story is continuing proof of why Upstate needs its own state.
Only in NYS do you hire 50,000+ people during a hiring freeze at a time when your state is losing enough people to cost it 2 House seats.
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