I am extremely disturbed by what I witnessed in Lower Manhattan last night.
I lived on Wall Street for years - directly across from The NYSE.
Last night - I went to grab a few items at Rite Aid - only to find out that almost everything was behind a lock.
I asked an employee how often things are stolen from the store.
He said - every day. Numerous times a day.
I was shocked.
Next - the employee told me that even when they catch a criminal - they can’t do anything - unless the criminal is a repeat offender at the location.
When they do take action - the offender is let out almost instantly - only to start stealing from the store all over again.
I have no words for what I see happening to this city that I no longer recognize.
Before I left the store - he said this:
“They give the criminals more power than the workers.”
New York City is completely out of control.
Why are we empowering criminals?
on this day in 1970, Cheryl & i went on our first date. We were Jrs at Burroughs HS #Burbank This pic’s a month or so later. Me showing off my Super8! What a journey. Today we’re blessed w/4 amazing kids & 6 incredible grandkids & still goin’ on some pretty great dates, too
@JoeBiden The job of the President of the United States is to protect the American people. Not to get us into a war with Russia where we may have a nuclear problem. Wake up, sleepy Joe, your job is to protect us not the Ukrainians.
@MichaelDell@DellTech I should say that I have been buying Dell computers since they were black and white. I have five of your computers in my house right now and your customer service has gone way downhill take a private again.
@MichaelDell@DellTech Michael, I think you should take your company private again. Your customer service was wonderful while you were private and now they are falling down. It has been a nightmare working with them Dr. Shepard .
@Dell I think that the best thing that ever happened to Dell computers was when Michael Dell in a private equity firm took them private. Customer service improved. Now they are public again in customer service is falling down. An example I've been trying to get something straightened
Train in Jackson Heights: White guy's bike knocked into the black guy, black guy told him to apologize, he didn't, fight started. So the story is told.
I have not and will not demand anything from Spotify or Joe Rogan …I just don’t want my music on there if he’s on there so I’m taking mine off …that is not censorship
The truth is that Wall Street and the investment crowd are always looking in the rear view mirror.
While I agree that inflation is here to stay, that’s not the biggest tail-risk for 2022.
It’s this frothy equity market as Fed takes the liquidity punch bowl away.