@enkasongwriter I feel that once the new gov't is in place (provided Biden wins and the dems take the Senate) one of the first things they'll do is provide aid to cities and states, something Pelosi promised she'd do months ago but just couldn't get done. Trump hasn't wanted to provide aid to NYC because he uses the power of the gov't to punish bluer areas (I guess he's never been to Staten Island??) but once he's gone that will change.
The MTA is a perpetual mess (the administration, not the workers) but it will survive. I get a mental picture of men digging tunnels 100+ years ago. It's been around for a long time and will be for a long time to come.
The MTA is a perpetual mess (the administration, not the workers) but it will survive. I get a mental picture of men digging tunnels 100+ years ago. It's been around for a long time and will be for a long time to come.
Speaking of funding, I did a quick scan and saw that the LIRR will charge an integrated fare with NYC compared to the buses and subway of $2.75 and extensions of existing lines to underserved areas, such as west of Jamaica and Flushing, and along with the southern Brooklyn.
@enkasongwriter That's fascinating. I feel that the next decade will be filled with modernization of all types, in mass transit, climate, courts, etc. And the rising demographic will have lots to do with it. We're moving beyond a period of time where we're afraid of each other's differences. One reason why mass transit isn't more integrated is that it was supposed to keep some people out of "better" areas of town. So what we have is systems like in NYC where you might live a few miles out of the main areas of work but it can take you hours to commute. Your LIRR prediction would mean a huge improvement in the lives of people who live in the suburbs, and on a social level would bring people together and lessen the urban/suburban divide.
For a history lesson about the NYC transit system, and why it has some of the limitations that it has, read The Power Broker. A lot of it is about race, but change is in the air.
All I can think is, promise? ?
Supposedly, Moscow started trending on Twitter after he said it. He'd have more than a few suitcase-packing volunteers, that's for sure. lol
As usual Heather Cox Richardson has a succinct summary : https://heathercoxrichardson.substack.com/p/october-16-2020
She states and gives credible info on "rats feeling the ship" which several predictions here were saying that,as well as him "fleeing the country". For the first time in years... Georgia is not assured Republican wins. Not just with Trump.. but Perdue,Loeffler,Collins in precarious positions as well. SO many of us are "voting Blue no matter who!!!"
@polarberry exactly, he says a lot of things in a "sarcastic" manner that I'm pretty sure he actually means! So promising indeed. ?
He's the master of projection, isn't he? I didn't watch him, because I can't listen to him for more than thirty seconds without screaming at the TV, because he's annoying on steroids, but apparently he was also demanding that the Bidens and Hillary be locked up.
Remember that recent article about how much he fears prison? Projection, projection, projection!
That's fascinating. I feel that the next decade will be filled with modernization of all types, in mass transit, climate, courts, etc. And the rising demographic will have lots to do with it. We're moving beyond a period of time where we're afraid of each other's differences. One reason why mass transit isn't more integrated is that it was supposed to keep some people out of "better" areas of town. So what we have is systems like in NYC where you might live a few miles out of the main areas of work but it can take you hours to commute. Your LIRR prediction would mean a huge improvement in the lives of people who live in the suburbs, and on a social level would bring people together and lessen the urban/suburban divide.
What I meant to say is that the LIRR fares within NYC will follow the subway and bus fares. Metro-North more or less will follow suit, as the lines are adjacent to subway lines. I feel that seeing the 7 line extension, I feel that extending lines to the outskirts that are bordering Nassau and Westchester counties could lead to gentrification to those areas. I know that there is no subway in Flatlands, Maspeth, Glendale, and neighborhoods north, west, and south of Flushing and Jamaica, such as College Point, Whitestone, Bayside, and Floral Park.
To keep positivity alive, this should brighten your day:-)
https://www.youtube.com/watch?v=v_vJN061sd8
@deborah-carey As much as I hate to say it... he isn't broke.. his holdings are valued at about 3 billion (according to the above article) "
Most importantly is... to whom does he owe the money... who is backing him, making deals with him.Those are the questions I would like to know the answer to.
Re: his net worth.... eh... it depends. An asset like real estate is notoriously hard to do accurate valuation on because one person can way "I think it's worth $X" and another can say, "Well, I think it's worth $10X." Unless there's an actual transaction with money changing hands, it's impossible to say what "worth" really is.
Even doing the multiples exercise that the articles describe, you, at best, can only get at a rough estimation, and that's still subject to opinions on what the correct multiples and inputs are. And really, does anyone at this point doubt that the Trump Org. has more than one set of books?
By the way, this is also why any proposals for a Wealth Tax are almost aways DOA because, in practice, they're impossible to administrate.