Killing Golden Geese

The late and great Margaret Thatcher had it right (as usual) when she said of Communists that sooner or later, they run out of other people’s money.  What’s happening in many of the neo-socialist hellholes like New York lately is that the “other” (i.e. wealthy) people aren’t necessarily running out of money, they’re running out of patience with the filthy nest their government has created, and are running away.

It’s snapshot simple. The wealthy and the companies they work for pay most of the taxes. The poor consume most of the taxes through social programs. COVID is driving the wealthy and their offices out of the city. No one will be left to pay for the poor, who are stuck here, and the city will collapse in the transition.

Of course, that would be bad enough, because even if the wealthy folks came back to their Upper East- or West Side domiciles once the Chinkvirus had subsided, NYFC could continue to fleece them in the manner to which everyone has become accustomed.  But if their toney little brownstone houses and chi-chi apartment buildings are surrounded by homeless, aggressive beggars and rioting assholes of the BLM / Pantifa persuasion, the millionaires and billionaires will say (and are saying) “The hell with this shit” and leave for more hospitable climes — and their companies will go along with them.

I have another post bubbling under about the death of the traditional office-work model, but that can wait for another time.

What’s really interesting, from a socio-political perspective, is how quickly this has happened.  It might have happened at some point or another anyway, as the Blue Model metropolises collapsed under the weight of their underfunded pension plans and failing social services and infrastructure — but the Chinkvirus has been the Catalyst Supreme for our little domestic Lenins and Maos.  What’s even more interesting is that, being economic illiterates, our socialist pols have looked to Europe, their favorite model, and said, “But France isn’t collapsing!”

Oh yes, it is.  The difference is that rich Frogs can’t exactly load up U-Hauls and move to — where?  Germany?  Belgium?  Britain?  It’s the same situation in those countries.  There are no prosperous and successful business-friendly, low tax states in Europe like Texas, Florida or Utah — they’re all soft socialist states;  and the Chinkvirus is having the same effect on their economies and traditional business models as it is in New York, Chicago and Los Angeles.

So even in the best of times (booming Trump economy, no virus, no BLM / Pantifa riots), Illinois, California and New York — to name but three — would be sucking wind soon enough, and the writing has been on their walls for some time.  But in the current environment?  They’re screwed.

My only concern, as I’ve often said before, is that these fleeing rats don’t come to our happy little ships and infest them with their shitty ideas and political morality.

Overvalued

Back in the fall of 1982, I and Wife #1 came to the U.S. for the first time in my life — in fact, the first time I’d ever left the African sub-continent at all — and because I didn’t know diddly about New York City (our first stop), I booked us a room at the Hotel Edison just off 47st and Broadway because it was cheap.  I didn’t know, at the time, that the area was known as Hell’s Kitchen for a very good reason, but in those days I was tough and didn’t really give a damn — I was coming from fucking Johannesburg, how bad could New York be?  (Not bad at all by comparison, actually.)

Anyway, from memory, the room cost about $47+tax a night, and while it was awful, I’d stayed in much worse (errr South Africa, remember) and while we we assailed by Volkswagen-sized cockroaches a couple times, the hotel was close to most of what we wanted to see around Times Square, and was easy walking distance to Greenwich Village to the south and Central Park to the north.  Also, the delis on 8th Ave were fantastic — my first experience with a gut-busting NY-style pastrami sandwich was an eye-opener — and so we spent our days walking around the place, seeing the sights, eating deli food and holding our noses to block out the smells (garbage strike).

Anyway, years later (after the Great Wetback Episode of 1985) I had occasion to go from Chicago back to New York, this time on business, and as the Manhattan branch office was quite nearby, I booked into the Edison again, for nostalgia’s sake.

It was the same crappy hotel, same foul rooms, only this time the room cost $285+tax.  When I first saw the rate when I was booking the trip, I thought the hotel had to have undergone a huge refurbishment to justify that kind of price increase;  but of course it hadn’t:  it was just New York Fucking City.

Still later, I checked out the hotel again, just out of curiosity, and the rate was $385.  And from what I could gather, still no refurb of the place.

I should remind everyone that I have never shrunk from paying top dollar for a quality product, whether it was The Mayfair Hotel in London, the Madison in Paris, Imperial in Tokyo or wherever.  Five-star is five-star, and there ya go.  Paying five-star prices for total shit, however… nu-uh.  And from my experience, most Manhattan hotels were shit.  Even the “highbrow” ones like the Waldorf-Astoria or the Algonquin were overpriced flophouses, and their astronomical prices were justified either by the “cachet” attached to being in New York, NY [eyecross]  or else the high (overpriced) cost of the real estate.

So you can imagine my response when I saw this article via Insty:

During the second quarter ended June 30, average asking rents along 16 major retail corridors in Manhattan declined for the eleventh consecutive quarter, falling to $688 per square foot, according to a report from the commercial real estate services firm CBRE. The drop marked the first time since 2011 that prices dropped below $700, the firm said, representing an 11.3% decline from a year ago.

A number of retailers have outright stopped paying rent to their landlords during the pandemic, which in some instances is resulting in litigation.

Boo fucking hoo.  Couldn’t happen to a nicer bunch of supercilious chiselers and snooty price gougers.  And then there’s this, at the end of the article:

“I think there is a short-term and a long-term look at this,” NKF’s Roseman said. “Short-term, we are in survival mode right now. But when things do sort of turn back around, it will still be the same. There is only one Fifth Avenue in the world.”

If you look up “Wishful Thinking” in your dictionary, this sentiment will be under the heading.  (It probably links to “Dinosaur Perspectives” too, speaking as it does about L.A.’s Rodeo Drive and Chicago’s Michigan Avenue as being Places To See And Be Seen.  Dream on, Bubba:  we’re facing a new world.)

Anyway, I see that the Edison is “temporarily” closed because of the Chinkvirus — and from the looks of it, has had a refurb since I last checked — but one of the “business-class” hotels on Broadway, where I paid over $500 a night in 2007, is now asking $121.

No wonder they’re not paying the rent.

Portent

As the Left ramps up its little reindeer games, expect more of this kind of thing:

“As we’re walking down passing Fourth Street, a blue car just come swerving out into the middle of the street almost runs over a bunch of protesters and everybody around starts like smacking the car trying to get him to slow down,” the witness said.  “He pulls down his window and he fires three shots into the guy.  From point-blank.  No words no nothing.  And then rolls up his window and zooms off.”

I’m not saying this is a good thing — despite my Yosemite Sam online persona, I dread having to shoot someone again — but at some point, the “kill everybody” switch is going to be thrown by ordinary people, especially when these rioting thugs start blocking roads, stopping cars and trying to assault the drivers and passengers.

Used to be that peaceful protests were confined (by the police) to sidewalks, with lots of chanting, signs and so on.  Peaceful stuff.  But that police action seems to have gone by the board — whether by negligence or design I can’t say — and inevitably, as police presence diminishes, the thugs will become bolder and more violent as they get the impression that “We own the streets!”

So I blame city management for this — muzzling police has long been a hallmark of Leftist government — and if the winds have been sown, both rioters and their government backers can expect whirlwinds;  which will invite rioters to start carrying guns to these “peaceful protests”, and off we go on the hurricane of violence.

Which, by the way, is exactly what the Leftist nomenklatura wants to happen.

Can’t Argue Much

The Street Pharmacist (excellent nick) thinks that the cops have brought a lot of the current shit on themselves:

The police have had a real image problem for years.  It is no surprise that when the crap hits the fan, many people are willing to watch them fry.  What is happening right now is a direct result of the mindset that police have had- the US-versus-THEM, “thin blue line” horseshit that they have been following.  Now they are paying for it, and the law abiding citizens will, too.  You have lost the support of much of the public, and you have no one to blame but yourselves.

Read it all, because the details are quite shocking.

I’m kinda with him, although my real ire is directed at the badge-carrying assholes who shoot innocent people at 4am when executing [sic]  a no-knock warrant at the wrong address.  And I’m doubly pissed when the prosecutor or whoever shrugs and says in effect, “Boys will be boys” and in the end the only bad thing that happens is to the victim and his family.

Compared to that, glad-handing a speeding ticket or two is small potatoes — although the consequences of refusing to glad-hand can be horrible.

I have many friends in law enforcement, and I know that a goodly number of my Readers are either serving- or retired LEOs.  Since arriving in the country in the mid-1980s, I’ve had nothing but good experiences with cops, even when I was busted (twice, in 35 years) for speeding or for some admin screwup (e.g. expired license) on my part.  So 90% of the time, I’m going to be on the side of the blue because I respect what they do.

But the converse of that is when they fuck up, they need to ‘fess up, take the lumps, and to hell with the blue wall of silence.  If that doesn’t happen, my attitude will do a 180 faster than thought.

I’ve written about the militarization of the police for years now, and the way the public is referred to as “civilians” (hint:  don’t do it).  That “us vs. them” attitude is understandable — the definition of police work is coming into daily contact with scumbags and scrotes — but it’s still wrong.

Once again, it’s also understandable that the aforesaid criminals will hate cops.  Where the cops have screwed up is turning the law-abiding citizens’ opinions of them away from respect to dislike.  (In Britain, even the law-abiding refer to the cops as “rozzers” or “The Filth”, and we’re starting to turn in the same direction.)

Speedbump #279

From Townhall we get Kurt Schlicter, who is a reasonably good polemicist, as polemicists go.  All goes well with his latest piece, until this point:

Things are a mess, and the Democrats are doing everything they can to make them messier. They are holding onto their precious pangolin pandemic panic like Brian Stelter grips a pie, ferociously fighting to keep hope dying by denying our kids school and millions of us a livelihood, all to eek out a win in November.

What, are we five years old, and using phonetic spelling?

THE WORD IS “EKE“, NOT “EEK”.   FFS, IT’S A WORD CONTAINING ONLY THREE LETTERS. HOW DIFFICULT CAN IT BE TO GET THEM IN THE RIGHT ORDER?

Do they even have editors at Townhall ?