In D.C. the main objective has always been to keep the train from careening off of the track. Consider this, John Boehner is under pressure to make a deal because if he doesn’t he may not be reelected as Speaker of the House when the new Congress convenes (January 4th).
-Jeffrey Saut, managing director, Raymond James & Associates
“My little town blues are melting away I’m gonna make a brand new start of it in old New York. If I can make it there, I’d make it anywhere. Come on; come through, New York, New York.”
... Theme song from “New York, New York”
I have loved New York since working on Whitehall Street in the early 1970s. Every year I return around this time of the year to attend Minyanville’s Festivus event to raise money for the financial education of underprivileged children. Last week I spent time attending said event, seeing institutional accounts, doing media, and renewing friendships. Indeed, it’s always terrific to spend some time “on set” with Maria, Liz Claman, Trish Reagan, Matt Nesto, well you get the idea. I was surprised, however, to see pumps still sucking water out of the subway. In fact, part of the subway system, and a few streets around the exchange, remain closed. Moreover, while cellphones have always dropped calls in NYC, Hurricane Sandy has definitely exacerbated that annoyance.
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