STT757 From United States of America, joined Mar 2000, 16320 posts, RR: 52 Posted (4 months 2 weeks 4 days 12 hours ago) and read 694 times:
Breaking news now that former NYC Mayor Ed Koch has died, for those of us who lived in NYC during his tenure he was instrumental in leading the city out of the bad old days of "Ford to NYC Drop Dead" to the 1980s when Wall Street started NYC's comeback. There was definitely a stumble in NYC's rebirth after Koch during the Dinkin's administration, however Giuliani later picked back up on the NYC transformation that Koch had started. His famous line was always "How am I'm doin?", to me he did great.
Dreadnought From United States of America, joined Feb 2008, 7899 posts, RR: 22 Reply 1, posted (4 months 2 weeks 4 days 11 hours ago) and read 674 times:
Quoting STT757 (Thread starter): Breaking news now that former NYC Mayor Ed Koch has died, for those of us who lived in NYC during his tenure he was instrumental in leading the city out of the bad old days of "Ford to NYC Drop Dead" to the 1980s when Wall Street started NYC's comeback.
I wonder if there is a lesson here about what happens when a government spends itself to oblivion, asks for bail-outs and is told strictly and emphatically "NO".
Darksnowynight From United States of America, joined Jan 2012, 1013 posts, RR: 2 Reply 2, posted (4 months 2 weeks 4 days 11 hours ago) and read 671 times:
Quoting Dreadnought (Reply 1):
I wonder if there is a lesson here about what happens when a government spends itself to oblivion, asks for bail-outs and is told strictly and emphatically "NO".
What? That you'll die wealthily of old age one day?
Posting without Knowledge is simply Tolerated Vandalism... We are the Vandals.
Dreadnought From United States of America, joined Feb 2008, 7899 posts, RR: 22 Reply 3, posted (4 months 2 weeks 4 days 11 hours ago) and read 663 times:
Quoting Darksnowynight (Reply 2): What? That you'll die wealthily of old age one day?
That the shock being told, not only no, but Hell No, can get people to wake up and smell the coffee, and make required, if unpopular changes in their lives (or the city) to get back on their feet.
Darksnowynight From United States of America, joined Jan 2012, 1013 posts, RR: 2 Reply 4, posted (4 months 2 weeks 4 days 10 hours ago) and read 656 times:
Quoting Dreadnought (Reply 3):
That the shock being told, not only no, but Hell No, can get people to wake up and smell the coffee, and make required, if unpopular changes in their lives (or the city) to get back on their feet.
Sure, man. Now how is that at all related to dying peacefully of old age?
Looks like he did a lot of really great things for NYC & I certainly understand how many will regard this as a sad day.
Posting without Knowledge is simply Tolerated Vandalism... We are the Vandals.
STT757 From United States of America, joined Mar 2000, 16320 posts, RR: 52 Reply 5, posted (4 months 2 weeks 4 days 10 hours ago) and read 648 times:
Quoting Dreadnought (Reply 1): I wonder if there is a lesson here about what happens when a government spends itself to oblivion, asks for bail-outs and is told strictly and emphatically "NO".
Maybe your not aware but despite that headline NYC eventually got their bailout, and have done quite well ever since. The Federal Government also earned interest on the loan.
Revelation From United States of America, joined Feb 2005, 10572 posts, RR: 21 Reply 6, posted (4 months 2 weeks 4 days 9 hours ago) and read 642 times:
Ed Koch was an excellent mayor and an interesting guy to boot.
He is responsible for me drinking my coffee black. Someone was interviewing him and they asked him why he drank his coffee black and he said "When I drink coffee, I want to taste coffee, not milk and sugar!". That very day I tried coffee black for the first time after years of "regular" and that was it, no more "regular". I guess once you've had black, you never go back!
He was also fairly well known for telling people to "f*** off" when they asked him questions he thought were too personal.
slider From United States of America, joined Feb 2004, 6518 posts, RR: 36 Reply 8, posted (4 months 2 weeks 4 days 8 hours ago) and read 606 times:
Koch was one of a kind...a real leader who was a personable genuine man.
I can only imagine how herculean it is to be the Mayor of NYC, but he should be applauded for so much positive reform that occurred under his watch. It's just a damn shame Nanny Bloomberg is tyrannically dismantling it.
Ken777 From United States of America, joined Mar 2004, 7529 posts, RR: 5 Reply 9, posted (4 months 2 weeks 4 days 5 hours ago) and read 568 times:
Quoting Dreadnought (Reply 1): I wonder if there is a lesson here about what happens when a government spends itself to oblivion, asks for bail-outs and is told strictly and emphatically "NO".
IIRC for Ed Koch it resulted in him raising taxes. Wasn't he the Mayor who brought in City Income Taxes?
Quoting STT757 (Reply 5): The Federal Government also earned interest on the loan.
Of course it did. Just like they made big dollars on the original Chrysler bailout.
The government is actually pretty good at extracting interest & fees.
varigb707 From United States of America, joined May 2006, 1229 posts, RR: 1 Reply 10, posted (4 months 2 weeks 2 days 21 hours ago) and read 402 times:
FlyDeltaJets From United States of America, joined Feb 2006, 1631 posts, RR: 3 Reply 11, posted (4 months 2 weeks 2 days 3 hours ago) and read 350 times:
Quoting Ken777 (Reply 9): IIRC for Ed Koch it resulted in him raising taxes. Wasn't he the Mayor who brought in City Income Taxes?
Yep
He also spent millions on renovating the projects, hiring more police, and other civil projects in NYC.
ImperialEagle From United States of America, joined Jan 2006, 1243 posts, RR: 14 Reply 12, posted (4 months 1 week 6 days 5 hours ago) and read 289 times:
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