Lehman's gonna go. If Merril is next are we on our way back to a "Ford to City: Drop Dead" era?
And if so, is that necesarily a bad thing? Sorry have to slay that sacred cow, but when regular folks already can't afford to keep a roof over their heads maybe some severe short term pain is in order to bring rent/mortages and the cost of living back in line with real wages?
New York city has been spared the economic turmoil engulfing the rest of the nation but conventional wisdom says it fall last and recovers last.
Also, does anyone else think the fundamental problem is our failure a s a nation to replace secure, high paying factory jobs with anything? How can you be middle class in this country anymore?
Finally, is that enough questions for one post?