Daily Archives: 12/14/2009

(Community Matters) San Francisco, Boston, Albany, Atlana . . .

(Community Matters) Only kinda funny – we haven’t been able to schedule drinks or dinner with our next door neighbors, professors Markovits, for months. May finally here in London where they maintain a pied a terre.

(Community Matters) I’m with Frank Rich, Americans are waking up to the realization that the economic deck is increasingly stacked against them.

There isn’t fair play – too big to fail, easy buys & tens/hundreds of millions in bonuses if you’re a financial institution exec – nothing similar if you’re a small business man/woman much less “just a consumer, a hard worker.”  If the men & women elected to represent us don’t get this, we need to take ’em down and elect new ones.  If business leaders and other enlightened types fear unraveling of Fed independence & other American capitalism underpinnings, they ought to spend some of their hundreds of millions in lobbying monies persuading Congress to be responsive to populist concerns; otherwise, there’s gonna be broader fianncial carnange on the street – don’t be fooled that people won’t hurt their own interests to ensure the pain is felt more broadly. And, if I am being pushed toward a populist backlash, you ought to figure it isn’t just a leftist or tea party sentiment.

wow, I’m starting to realize how some might vote for the most outrageous populist politicians

(Community Matters) Reading between the lines in Vanity Fair’s article on Goldman Sachs, it occurred to me these bankers are thinking they deserve to make at least as much as hedge fund guys.  You can almost feel how pissed they are that they made only nearly $90mm the previous year vs the billion plus made by some of their punk peers.

(Community Matters) First, screw Lieberman.  Second, the Senate should invoke reconciliation procedures and pass healthcare reform with a robust public option.  Quit being so ginger about everything and fight like warriors.  Your constituents want this done!