NY Times reports that Pennsylvania is trying to sell itself as "Wall Street West" -- a safe, accessible alternative for hedge funds in case New York is destroyed in a nuclear holocaust. Good to know! Now if my world goes up in smoke, at least business can continue as usual in the Poconos.
In other news, it looks like Bloomberg's congestion pricing plan may have a chance after all. It's now got financial incentives attached - roughly half of $1.1 billion dollars in federal aid set aside for cities that fight urban traffic. That's a substantial add-on to the $400 million that congestion pricing is expected to generate per year. In effect, the U.S. Department of Transportation has just doubled the value of pricing out commuters.
Sunday, June 10, 2007
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We all have to wonder what Bloomberg is really thinking of with this congestion pricing tax scheme. Maybe he mostly just wants a new tax. Just wrap it up in ‘concern for the environment’, and then people can just demonize those who oppose it.
If he cares so much about traffic jams, congestion and air pollution, why does he let Park Avenue be blocked off? Why doesn’t he do anything about that?
Pershing Square Restaurant blocks Park Avenue going South at 42nd St. for about 12 hours a day/5 months of the year! This Causes Massive Congestion & Air Pollution!
But apparently it does not bother NYC’s Nanny-in-Chief Mike “Congestion Pricing Tax” Bloomberg? Check out the map!
http://whataplanet.blogspot.com
http://preview.tinyurl.com/38obfd
Check it out!
Thanks,
Little Blue PD
:)
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