Tag: City Hall

I have finished compiling the census bureau’s state and local finance data for Fiscal 2004, and you can have the spreadsheet if you e-mail me at vampire-state (at) att (dot) net, putting state and local finance in the subject so I know the e-mail is not spam.  Since the Bureau also compiled data for Fiscal 2002, the last budget before 9/11, we can see how that event affected the city’s finances, and thus how that affected us all.  The answer is the city became worse off, in part because when all the dollars are counted, Albany and Washington reacted to the tragedy by directing more money away from New York City.  And the many ways in which New York City and state differ from the national average became more pronounced.

I have finished compiling the census bureau’s state and local finance data for Fiscal 2004, and you can have the spreadsheet if you e-mail me at vampire-state (at) att (dot) net, putting state and local finance in the subject so I know the e-mail is not spam.  Since the Bureau also compiled data for Fiscal 2002, the last budget before 9/11, we can see how that event affected the city’s finances, and thus how that affected us all.  The answer is the city became worse off, in part because when all the dollars are counted, Albany and Washington reacted to the tragedy by directing more money away from New York City.  And the many ways in which New York City and state differ from the national average became more pronounced.

I have finished compiling the census bureau’s state and local finance data for Fiscal 2004, and you can have the spreadsheet if you e-mail me at vampire-state (at) att (dot) net, putting state and local finance in the subject so I know the e-mail is not spam.  Since the Bureau also compiled data for Fiscal 2002, the last budget before 9/11, we can see how that event affected the city’s finances, and thus how that affected us all.  The answer is the city became worse off, in part because when all the dollars are counted, Albany and Washington reacted to the tragedy by directing more money away from New York City.  And the many ways in which New York City and state differ from the national average became more pronounced.

I have a modest proposal for Bloomberg.  That is Bloomberg LLC, the business media company.  I propose that it implement a huge pension enhancement for existing staff and those already retired.  Huge enough to push pension costs up to 25 percent of wages, force it to dramatically increase what it charges its customers, and cut back on some services.  Then, since its labor costs would be high, I suggest that the company drastically reduce starting salaries for all new hires, and their benefits, to the point where virtually everyone else in their industry in the New York area pays more to those they are recruiting.

I have a modest proposal for Bloomberg.  That is Bloomberg LLC, the business media company.  I propose that it implement a huge pension enhancement for existing staff and those already retired.  Huge enough to push pension costs up to 25 percent of wages, force it to dramatically increase what it charges its customers, and cut back on some services.  Then, since its labor costs would be high, I suggest that the company drastically reduce starting salaries for all new hires, and their benefits, to the point where virtually everyone else in their industry in the New York area pays more to those they are recruiting.

I have a modest proposal for Bloomberg.  That is Bloomberg LLC, the business media company.  I propose that it implement a huge pension enhancement for existing staff and those already retired.  Huge enough to push pension costs up to 25 percent of wages, force it to dramatically increase what it charges its customers, and cut back on some services.  Then, since its labor costs would be high, I suggest that the company drastically reduce starting salaries for all new hires, and their benefits, to the point where virtually everyone else in their industry in the New York area pays more to those they are recruiting.

I have a modest proposal for Bloomberg.  That is Bloomberg LLC, the business media company.  I propose that it implement a huge pension enhancement for existing staff and those already retired.  Huge enough to push pension costs up to 25 percent of wages, force it to dramatically increase what it charges its customers, and cut back on some services.  Then, since its labor costs would be high, I suggest that the company drastically reduce starting salaries for all new hires, and their benefits, to the point where virtually everyone else in their industry in the New York area pays more to those they are recruiting.

Last week, I posted a comment that lazy reporting in the NY Times resulted in them echoing GOP Senate candidate John Spencer’s line that he never denied his affair with a secretary who he promoted to Chief of Staff.

Today (Thursday), the Times comes back to the story and this time comes close to the truth –  

After refusing to discuss the relationship for years, Mr. Spencer acknowledged it publicly in 2002.