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Bloomberg Sticks His D*** In The Blender (NY Marathon)
market-ticker.org ^ | 11-2-12 | Karl Denninger

Posted on 11/02/2012 4:28:20 PM PDT by dynachrome

The financial consequences to people who were told it was on (after reasonably believing it would be canceled) and who now have almost-certainly lost any possibility of recovering deposits or getting refunds on travel they had intended to take are going to be severe.

Adding to this are severe insults by hotels, which frequently impose 48-hour cancellation penalties in NYC (which can be, for special events, the entire amount of the stay) and then you can add to it the insult imposed on your local population in that many hotels were kicking out locals who were staying in the hotels because their power was off at home to make room for the runners!

I don't know whether the original decision was good or bad, all things considered. Certainly the diversion of resources would do some harm, but all the money being spent in the city would be good -- particularly when you have a business district that's been trashed by the storm and needs the money.. But what I do know is that once the decision was made -- to run the race -- that was a commitment the city and mayor personally made to the runners and everyone else who supports them, and there was then an obligation to keep to that commitment.

As of right now (5:05 PM Central time) despite multiple wire reports this is what the web page shows:

(Excerpt) Read more at market-ticker.org ...


TOPICS: Business/Economy; Chit/Chat; Outdoors
KEYWORDS: bloomberg; denninger; doomberg; newyork; nyc; nymarathon; ticker
Some consequences of bloomie's indecision. Global warming must have deranged him/s

Site shows pic of online poster for the marathon still being on!

1 posted on 11/02/2012 4:28:20 PM PDT by dynachrome
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To: dynachrome

I think the race was postponed.


2 posted on 11/02/2012 4:30:59 PM PDT by madison10 (I love it when a plan comes together ~~God)
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To: dynachrome

They could institute a slight waiver and give those hurt a 20 oz soda at a discount, of course.


3 posted on 11/02/2012 4:33:00 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire.)
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To: dynachrome

Gloomberg has one? Given his diminutive stature and little emperor complex I would be surprised if he did.


4 posted on 11/02/2012 4:34:33 PM PDT by ConservativeInPA (I advocate indentured servitude for the 47% until the national debt is eliminated.)
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To: dynachrome

Even the runners agree with the decision to cancel. They want to do the right thing. New Yorkers are in no mood for parties.


5 posted on 11/02/2012 4:35:26 PM PDT by firebrand
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To: dynachrome

Bloomberg is a ridiculous cretin.


6 posted on 11/02/2012 4:35:43 PM PDT by FreeAtlanta (christian.bahits.com)
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To: madison10
I think the race was postponed.

No, it was canceled. The very first headline on FR (the usual "I heard it so I'm posting first with no story!!!) said postponed, but that was wrong.
7 posted on 11/02/2012 4:37:09 PM PDT by verum ago (Some people must truly be in love, for only love can be so blind.)
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To: dynachrome

Hehe... doing the cancellation sooo late just screams
“I FUC#ED UP!!”. ...Bloombrain is the gift that keeps on
giving.


8 posted on 11/02/2012 4:38:37 PM PDT by NeverForgetBataan (I am become Barry... destroyer of wealth)
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To: FreeAtlanta

It’s a pretty sure bet that the big-name sponsors of the Marathon called up city hall and just said they were pulling out. After the third call...the mayor probably realized the mess left for him to clean up. When you look for adult leadership....you expect people at the top to comprehend the gravity of problems and react the right way. In this case....Bloomberg was extremely lost on the right direction.


9 posted on 11/02/2012 4:39:59 PM PDT by pepsionice
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To: madison10

I should have made it clearer that this article is about the people who have already spent big $$ to go to the marathon (donate to the storm victims, etc.) and now are going to get stiffed.


10 posted on 11/02/2012 4:40:32 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: FreeAtlanta

It was a typical liberal knee jerk reaction to say it was still on in the first place. Thinking is not a liberals strong suit.


11 posted on 11/02/2012 4:41:34 PM PDT by uncitizen (Obama! Where's the help for Staten Island??)
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To: dynachrome

They REALLY need to stuff Bloomberg in jail. Or an asylum.


12 posted on 11/02/2012 4:41:37 PM PDT by Hardraade (http://junipersec.wordpress.com (I will fear no muslim))
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To: dynachrome

Good thing we don’t have a President Bloomberg with his finger on the nuclear button.


13 posted on 11/02/2012 4:48:49 PM PDT by AZLiberty (No tag today.)
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To: dynachrome
Adding to this are severe insults by hotels, which frequently impose 48-hour cancellation penalties in NYC

... except there are no hotel/motel rooms available at all now in NY, because they're all housing displaced hurricane victims. It's so bad that the Pittburgh Steelers are flying into NY this weekend on Game Day, and leaving right after playing, because even they can't get any accomodations.


14 posted on 11/02/2012 5:12:38 PM PDT by canuck_conservative
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To: dynachrome

The headline writer should be flogged, I doubt that is the type of thing JR wants associated with his website


15 posted on 11/02/2012 5:20:28 PM PDT by GeronL (http://asspos.blogspot.com)
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To: NeverForgetBataan; uncitizen

Hours after saying it was still on he cancels.

Should have cancelled it on Tuesday


16 posted on 11/02/2012 5:22:54 PM PDT by GeronL (http://asspos.blogspot.com)
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To: GeronL

Go ahead and hit abuse. I was ambivalent about posting it, but got a chuckle out of the image. LOL


17 posted on 11/02/2012 5:42:53 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: dynachrome

I almost never hit abuse but I am usually tempted on D*** Morris threads


18 posted on 11/02/2012 5:59:53 PM PDT by GeronL (http://asspos.blogspot.com)
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To: dynachrome
Even for the idiots who believed the hope and change line know it's too late to blame Bush and too early to blame Romney.

Comment from site too good to not post.

19 posted on 11/02/2012 6:28:46 PM PDT by Excellence (9/11 was an act of faith.)
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To: FreeAtlanta

You are all losing sight of what is important in this New York City tragedy. Thanks to Doomberg, no one is drinking a Big Slurpee. He single handedly saved the million of inhabitants. (What a Nanny State Nazi. At lest Hitler had the trains run on time.)


20 posted on 11/02/2012 6:38:59 PM PDT by Lawgvr1955 (You can never have too much cowbell !!)
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To: dynachrome

ah, finally the truth

the NYC Marathon is not about the race, it’s about the money


21 posted on 11/02/2012 7:11:10 PM PDT by Wuli
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To: NeverForgetBataan

New Yorkers keep voting him in maybe they finally learned he is a nit wit..


22 posted on 11/02/2012 8:53:44 PM PDT by goat granny (.)
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To: NeverForgetBataan

New Yorkers keep voting him in maybe they finally learned he is a nit wit..


23 posted on 11/02/2012 8:53:47 PM PDT by goat granny (.)
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To: Mark

Can anyone imagine what it would have been like if he had been the Mayor of New York City on 9/11/2001 instead of Rudy Giuliani?


24 posted on 11/02/2012 9:29:41 PM PDT by castlegreyskull
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