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[QUOTE="Crusty, post: 907855, member: 2265"] That is just so wrong its silly. My boss was the lead banker on the committee that engineered the city turnaround. NYC was brought to its knees by the city unions and a horrible economy. It was the 1974 recession and Abe Beame was the mayor. I remember my boss coming back from a meeting at city hall and telling me that during the meeting when the discussion was at its worst Beame leaned over to him and said. "Charlie, don't worry - God will provide - he always has." Beame didn't have a clue. The bankers ran the city fro, 1975 until Ed Koch was elected Mayor in 1977. His constant answer to the press was simply "We're broke." Koch simply said no to everyone on anything and got the city's finances in order. BTW the entire country's economy including upstate sucked during that period. Cuomo wants to make a substantial invested of hundreds of millions of downstate dollars (that's where the money comes from) in Syracuse the mayor responds with extortion to take care of her union cronies. Whose fault it that - NYC? When CNY stops blaming everybody else for its problems they will have a chance of solving their problems Until then, the downward spiral will continue. [/QUOTE]
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