November, 2009

I Must Be in the Front Row…

Tuesday, November 10th, 2009

I was watching a New York Yankees playoff game on television just a couple of weeks ago and was amazed at the number of empty seats right around home plate.  I suppose this shouldn’t be all that surprising since they are going out at something like $2500 a pop.  In these economic times, who really can afford that?

Not to worry though, Goldman Sachs is doing something about it.  They are going to be doling out bonuses in the neighborhood of $23 billion.  That’s billion.  I guess more people will be able to afford those tickets now… and a hot dog.

With 3rd quarter profits at Chase reaching $3.6 billion, one wonders why it’s still so difficult for small businesses to get a loan.  Maybe all the lenders are too busy at the ballgame?

What’s more galling still, is that large Wall Street firms are borrowing the money from us for next to nothing.  Why isn’t anyone in our district asking these firms to take a haircut?  We may only be the peanut vendors and parking attendants, but aren’t we entitled to a bonus as well?

I’d settle for enough for the Uecker seats.