Roberts on the Wall St. fallout

9/16/2008:

Hoboken Mayor David Roberts was quoted on MSNBC today (via AP):

Wall Street turmoil strains NYC-area economy

hoboken-mayor-david-roberts-msnbc.jpg“In Hoboken, N.J., hundreds if not thousands of residents work — or worked — for the two Wall Street brokerages that surrendered to the credit crisis over the weekend.

Mayor David Roberts said the city is bracing for the fallout from large numbers of people who suddenly can no longer make mortgage payments or spend money in restaurants and bars.

“Having so many young people lose their jobs is certainly cause for concern,” he said.”

Roberts, however, made no mention of concern if city employees lose their job…

(thanks Robert for the tip!)

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54 Comments on "Roberts on the Wall St. fallout"

strand tramp
Member
strand tramp

matt, in the space of 4-5 sentences mcgato demonstrates a complete lack of knowledge of how our economy works. complete and utter stupidity. do not waste 30 more seconds of you time with that jacka$$. why is it that idiots all seem to be supporting obama? i think i see a trend. “the party of the truly asinine!” “the little school bus party!” “Retards United of Hudson County!” “severe head trauma survivors party!” “children of incestuous marriages and grew up under the power lines party!!”

matt_72
Member

[quote comment=”106388″][quote comment=”106221″]matt i’ll just say it again…[/quote]
I don’t know why you keep arguing with that idiot. I quit trying that after one or two posts. He acts like investing is the way to save the economy, but actually spending money on products isn’t going to do anything good. He is spouting the same fear-mongering that was done before Clinton raised taxes on the very wealthy. Let’s see how that worked out,…. oh right, the economy prospered.

It’s simple matt doesn’t want to pay more taxes. He doesn’t want Barack Obama to win the election.[/quote]
Spending money on products does no good? Are you insane? If not for the consumer & the investors, American businesses would have hit rock bottom years ago. Who do you think provides the money that pays your paycheck? Your lack of knowledge is really showing if you think consumers and investors aren’t important.

The only thing in that entire post you are right on is I don’t want to pay more in taxes. That makes me no different than 300 million othe Americans. And if you like high taxes, why don’t you move to Michigan or California. I hear they like to tax the “rich” there too…….though good luck in finding a job b/c both their respective economies are in the shitt*r. All those high taxes have chased all the employers out of town 😉

bradykp
Member
bradykp

[quote comment=”106388″][quote comment=”106221″]matt i’ll just say it again…[/quote]
I don’t know why you keep arguing with that idiot. I quit trying that after one or two posts. He acts like investing is the way to save the economy, but actually spending money on products isn’t going to do anything good. He is spouting the same fear-mongering that was done before Clinton raised taxes on the very wealthy. Let’s see how that worked out,…. oh right, the economy prospered.

It’s simple matt doesn’t want to pay more taxes. He doesn’t want Barack Obama to win the election.[/quote]

i think matt posts some positive insights. i don’t agree with everything he believes in, but that doesn’t make him an idiot.

mcgato
Member
mcgato

[quote comment=”106221″]matt i’ll just say it again…[/quote]
I don’t know why you keep arguing with that idiot. I quit trying that after one or two posts. He acts like investing is the way to save the economy, but actually spending money on products isn’t going to do anything good. He is spouting the same fear-mongering that was done before Clinton raised taxes on the very wealthy. Let’s see how that worked out,…. oh right, the economy prospered.

It’s simple matt doesn’t want to pay more taxes. He doesn’t want Barack Obama to win the election.

bri777
Member
bri777

I am sure this is of great interest to him as Hoboken will likely be declaring bankruptcy in the not too distant future.

Way to go Quimby my boy!! Public fiduciary extraordinaire! Kudos!!!

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