One of Billy Joel's earlier singles was entitled "Miami 2017 (Seen the Lights Go Out on Broadway)." I was reading something some fan wrote about the song online. He or she talked about how Gerald Ford refused granting funds to "save" the city, and talked about how despite Ford's cold-heartedness, NYC survived and thrived again after all. I only realized either this or last year that maybe it was partially because of his refusal to grant funds that NYC started prospering again.
That would probably be the better lesson to learn from the song. Now apply it to Detroit and California, and to fat-ass companies that need to go bankrupt so you can save the efficient parts and throw away the bad ones. But that's too controversial.
Sunday, September 20, 2009
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