Tag Archives: New York City

Why Amazon HQ2 Is Good For New York City | Markets Are Dumb 7

So what’s more important, the short-term pain of vulnerable populations in New York City or the long-term health of the city? Actually it’s a trick question. It’s not an either/or sort of question. New York City’s vulnerable populations are just as reliant on the success of the city as the rich and famous are. More so actually. NYC has been the prime example of the “Blue Model of Government” for quite some time. Public Sector Unions own the city (and the state). The largest public housing blocks in the country are a dominant feature of the architectural landscape. There’s a lot of mismanagement and waste in the education and social services sectors, but there’s also a lot of impressive work being done, that couldn’t be done elsewhere. New York’s mix of wealth and poverty is unique.

All of this, the good and the bad, is reliant on New York retaining its position as the country’s dominant economic hub. If the golden goose flies south, the place will fall apart. Sure, the rent would get cheaper, but a lot of the social services would just evaporate. I wasn’t actually joking when I compared NYC to Detroit, the US city that has lost over half of its population over the past fifty years. For those who think the comparison is ridiculous, I suggest you take a walk through the Bronx, a part of New York City that still hasn’t recovered from New York’s last economic collapse. Today’s video may seem callous in privileging the interests of business over poor New Yorkers, but I don’t think that’s what I was doing at all. The interests are the same.

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The TRUE THREAT To Mueller’s Russia Investigation

Man, Timing can be awkward sometimes. My programming choices tend to be pretty free from influence of outside events. If something important happens, I’ll react to it, usually with a live video, but other than the 2016 US election and Brexit vote, I rarely tune my content towards things that are happening. I decided to finally address the Mueller investigation with today’s video, simply because my thinking on it matured to the point that a video became possible. I’m talking about Mueller investigation this week, because I finally thought I had something worth saying about it…

What I didn’t expect when I wrote this a couple weeks back, was it coinciding so directly with the Putin-Trump summit. And I certainly didn’t expect Trump to put in the performance he put in yesterday. I think the reaction to Trump’s mealy-mouthed and sycophantic approach to Putin is a bit over-blown, but only a bit. It was pretty pitiful to watch, and if you’re more invested in myths of US virtue and power than I am, it must have been especially painful. The reactions, both from my friends, and from social media have been pretty intense. The folks who have always been convinced that Trump is a Russian tool are now adding to their ranks. It’s kind of an odd environment to be releasing a video skeptical of the Mueller investigation into, but hey, that’s what I’m doing! Can’t wait to see how it goes…

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Video Transcript after the jump…

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The Fall Of New York

I have loved the Empire State building since I was a child. But have you ever thought about that name? “Empire State”? That’s how New Yorkers saw their state in the early 20th century. New York led the country that was going to lead the world. Parsing the exact definition of “Empire” intended in the name is a much longer topic than a blog post can cover. But that vision, of New York as a leader, went straight to the top. Al Smith, the president of the company that built the building was a former governor of New York.

This video documents how that vision has faded, and how far from national leadership the people and politicians of New York have fallen. I think I’ll have a lot more to say on this topic in future, but I wanted to briefly lay out the facts this week.

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Video Transcript after the jump…

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