Wednesday, October 12, 2011

InsolvenCity Future, Behold InsolvenCity Present

To glimpse The Ghost Of The All-Too-Real InsolvenCity Future, one may gaze eastward, toward InsolvenCity Present.

Infytune: All I Want For Christmas Is You, Mariah Carey
Infytune: Christmas In Hollis, Run-D.M.C.


Bram Reichbaum said...

Post some odds, I'm willing to bet we're not headed towards bankruptcy.

(Whether or not we SHOULD be headed there is another issue... ;)

TT said...

The situation in Harrisburg is the result of repeated cream skimming. As long our council continues to protect our public assets and stiff-arm the skimmers, Pittsburgh will be just fine.

MH said...

Pittsburgh will be just fine

Where "fine" means not actually collapsing.

James said...

TT, are you new here?

TT said...

No, James. Are you?

Bram Reichbaum said...

TT's a solid veteran commenter. She (always imagined a SHE) makes the mistake that "avoiding creme-skimming" alone will meet Pittsburgh's challenges.

We need several lump monetary sums for our creditors, quickly would be better AND we need significant investment in our infrastructure and human capital.

If that is off the table, we need a radical realignment of society, reaching Wall Street and every union hall, based on a series of consensually agreed precepts.

So no, I think Pittsburgh is going to have to work really hard to live happily ever after.

Now if you'll excuse me, I'm off to read Chris Briem's post, which I've put off...