New York City's Progress Towards Bankruptcy

New York City's Progress Towards Bankruptcy PDF Author: Edgar J. Levey
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 42

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Book Description

New York City's Progress Towards Bankruptcy

New York City's Progress Towards Bankruptcy PDF Author: Edgar J. Levey
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 42

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Book Description


New York City's Progress Towards Bankruptcy

New York City's Progress Towards Bankruptcy PDF Author: Edgar J Levey
Publisher: Legare Street Press
ISBN: 9781020128585
Category :
Languages : en
Pages : 0

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Book Description
Levey's exposé of the financial mismanagement and corruption plaguing New York City at the turn of the 20th century provides a sobering warning of the dangers of unchecked political power and greed. This book remains relevant today as a cautionary tale of the dangers of fiscal irresponsibility. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

New York City's Progress Towards Bankruptcy: A Communication Addressed To Hon. Martin Saxe, Member Of The Joint Legislative Committee, Appointed To Ex

New York City's Progress Towards Bankruptcy: A Communication Addressed To Hon. Martin Saxe, Member Of The Joint Legislative Committee, Appointed To Ex PDF Author: Edgar J. Levey
Publisher:
ISBN: 9781021820822
Category : Business & Economics
Languages : en
Pages : 0

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New York City's Fiscal and Financial Situtation

New York City's Fiscal and Financial Situtation PDF Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 356

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Book Description


New York City's Fiscal and Financial Situation

New York City's Fiscal and Financial Situation PDF Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 1820

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Book Description


New York City's Fiscal and Financial Situtation

New York City's Fiscal and Financial Situtation PDF Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 1100

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Book Description


The Long-term Fiscal Outlook for New York City

The Long-term Fiscal Outlook for New York City PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 184

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Book Description


Four Years Behind the Bars of "Bloomingdale;"

Four Years Behind the Bars of Author: John Armstrong Chaloner
Publisher:
ISBN:
Category : Insanity (Law)
Languages : en
Pages : 516

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Book Description


Fear City

Fear City PDF Author: Kim Phillips-Fein
Publisher: Macmillan + ORM
ISBN: 0805095268
Category : History
Languages : en
Pages : 302

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Book Description
PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.

Bankrupting a Great City

Bankrupting a Great City PDF Author: Henry H Klein
Publisher: Independently Published
ISBN: 9781097861101
Category :
Languages : en
Pages : 190

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Book Description
The first ten chapters of this story were written in 1911, the succeeding twelve in 1913, and the last four in 1915. It required no gift of prophecy to foretell the result of accumulated waste and mismanagement such as described in the following pages. The purpose of the story which is based solely on facts, is to awaken the people in all large cities to the danger which confronts them. Unless the cities acquire additional revenues or curtail the cost of government, bankruptcy is certain. Taxes will become uncollectible. The cities must own their own public utilities or derive most of the profits therefrom, to provide for public need. Up to the present time, the bulk of profits of public service corporations has gone to increase the already swollen fortunes of only a few men and families. The cities can acquire most of the income from these properties without cost and in a simple manner. If the nation limits private fortunes to a reasonable sum, say ten million dollars, all wealth in excess of that sum goes back to the nation. The nation thus becomes the possessor of securities in all large corporations and of national, state and city bonds. These bonds can be cancelled to relieve the burden of public debt. The bulk of profits on public utilities would go to the cities and states in which they are located, while the nation would draw its income from national railroads and industrial corporations. Nation, states and cities would be provided with new revenues and taxation might in time disappear. The cost of living would be lowered and the menace of large private fortunes removed. This is the remedy not only for burdensome taxation, but for economic hardship in the United States. Greed for gain has produced gross social inequality and extravagant and corrupt government. The cause must be removed. It is the hope of the author that this result will be accomplished.