(NYC) MTA Pulls Emergency Brake on All Major Projects as Financial Woes Mount

Billions of dollars in planned upgrades to the transit system — including modernized signals, new subway cars and elevators at dozens of stations — will be frozen indefinitely due to financial fallout from the pandemic, THE CITY has learned. MTA officials are expected to reveal Wednesday that a 60-day hold on “capital projects” that was … Read more (NYC) MTA Pulls Emergency Brake on All Major Projects as Financial Woes Mount

Stubborn Stupidity Vs Hidden Motives – OPM = Other People’s Money

We also seem to see overspending in medicine, law, school, investment analysis, campaign spending, and much else. A consistent pattern I think I see is overspending in areas where spending lets one associate with prestigious folks. So I suggest that much of this overspending is better explained via motives to gain prestige via association. Re … Read more Stubborn Stupidity Vs Hidden Motives – OPM = Other People’s Money

Other People’s Money

  Remy: All My Loving (Beatles Parody)   OPM = Other People’s Money Related PostsRecognizing the Deadly Impact of Economic Lockdowns