Monday, August 6, 2012
Always Leave'em Laughing
Blogolanders, I sat down the other day to write one of my modern mythology pieces about our Honorable Mayor and his financial problems. This guy is so far down he is no fun anymore. I could not do it. It is very nice that Alex Bethea met with Tony at the hotel; it is very nice that they prayed together, but right now, Tony needs more than prayer. I admire what Tony was trying to do. Hell, you have a miserible childhood in the Wilbur Section. Add to that, the other issues he faced. So when Tony decided he was going forward, that's a good thing. He may have moved too fast; he may have wanted too much too soon. And our Honorable Mayor is not a deep thinker. He is an easy mark for those alert for the main chance. Anyone who has Tony's best interests at heart at this moment would say to him, "Exactly how much do you owe and to whom?" Some in our fair city believe Tony should declare bankrupcy and move on. In many cases, that would work, but I have this creepy feeling Tony did not always borrow money from conventional sources. PSE&G might swallow bankruptcy; unconventional financial sources do not. So not only is the Honorable Mayor so deeply in debt that he will be solvent again, he will also end up in a worse situation than anything he knew while growing up in the Wilbur Section. So, Your Honor, if they laughed then, they are laughing even louder and harder today.
Subscribe to:
Post Comments (Atom)
1 comment:
While they do not break kneecaps (or worse), the Internal Revenue Service does not discharge tax debts in bankruptcy.
Post a Comment