Nicole Gelinas has written about urban economics, infrastructure, finance, and governance for nearly a decade. She is a contributing editor to the Manhattan Institute's City Journal magazine and a Chartered Financial Analyst (CFA) charterholder. Her book, [italics]After the Fall: How to Save the Economy from Wall Street -- and Washington[end-ital], will be out this fall.
Greek Prime Minister George Papandreou came to Washington yesterday to ask President Obama to help save his nation from speculators. In other words, he wants America to help him shoot the messenger. Sorry, Greece...
March 10, 2010 12:00 AM
New York may be on the road to reining in its longtime abuse of emi nent domain. Could our politicians actually abandon their long-held belief that it's their responsibility to replace people and businesses in managing...
February 20, 2010 12:00 AM
In announcing his proposed $66.5 billion spending plan for the fiscal year that starts in July, Mayor Bloomberg yesterday got the destination right -- but he's charting a long and dangerous path to get there. The...
January 29, 2010 12:00 AM
In the wake of last week's Democratic loss in Massachu setts, President Obama launched an all-out war on finance. The assault isn't targeted at the sources of the 2008 crisis -- and the campaign gravely threatens New...
January 25, 2010 12:00 AM
Last Friday, 100 days after coming in to head the MTA, Jay Walder issued a glossy report with his plan for the future, full of "making every dollar count" ideas. It would've sounded terrific -- if we hadn't heard it...
January 19, 2010 12:00 AMToday, President Obama will announce plans to levy a big fee on "too big to fail" financial firms. The fees, as much as $120 billion, seem designed to attract a crucial support base: New York's delegation in Congress....
January 14, 2010 12:00 AMNew York can't afford an other debt-fueled decade. For the last 10 years, New York state and city did what regular Americans did: borrowed without results. Mayor Bloomberg, Gov. Paterson and the Legislature should...
December 30, 2009 12:00 AMThe state-run Metropolitan Transportation Authority is threatening big service cuts next year, and even to make schoolkids pay a fare. But the "solution" from self-styled transit "advocates" and politicians is worse --...
December 16, 2009 12:00 AMSeven months after Albany "saved" the Metropolitan Transportation Authority's riders from doomsday service cuts, the MTA needs a bailout from its bailout. New Yorkers have just started to pay for state pols' failures...
December 11, 2009 12:00 AMThere's a vital lesson for New York in the travails of Dubai, the little Persian Gulf emirate with big buildings and bigger debts -- if only our politicians and taxpayers would understand. Last week, Dubai's state...
December 01, 2009 12:00 AMFixing the financial sys tem so that it doesn't blow up the economy again isn't hard. But complex solutions help Washington and the "too-big-to-fail" financial firms maintain the status quo -- and make future problems...
November 13, 2009 12:00 AMNew MTA chief Jay Walder wants to improve the state-run authority's non existent credibility. The way to start should be to launch a full-on, public investigation of the MTA's strange relations with the Transport...
November 11, 2009 12:00 AMMayor Bloomberg appears to have won a third term -- albeit by a close margin. His mission now must be to take on the public sector and prevent New York's insatiable special interests from suffocating our chance at a...
November 04, 2009 12:00 AMLeading up to next week's election, City Comptroller Bill Thompson, the Demo cratic challenger, has done New Yorkers a disservice in not running a serious race on fiscal and economic issues. The city's future depends...
October 27, 2009 12:00 AMNEW Metropolitan Trans portation Authority chief Jay Walder wants to focus the MTA's infrastructure-investment program on getting some stuff done that people can see -- and soon. Good. But Walder must make sure...
October 21, 2009 12:00 AMOver the weekend, new Metropolitan Transporta tion Authority chief Jay Walder spoke of investments in "smart card" technology so that New Yorkers can someday use their bank cards and cellphones to board trains and...
October 13, 2009 12:00 AMTHE Transport Workers Union, which represents subway and bus workers, is going all-out to elect Bill Thompson and oust Mayor Bloomberg. Voters should worry that, if the TWU helps the comptroller move up, New York's...
October 06, 2009 12:00 AMIT'S never easy to sustain interest in the race for comptroller -- the official who watches over the city's $60 billion budget and helps oversee $83 billion in public-employee pension funds. But this year, voters need...
September 25, 2009 12:00 AMYESTERDAY, President Obama came to New York's Federal Hall to tell Wall Street and the nation how he'd fix the financial markets. The goals he outlined were unassailable -- but his solutions fall far short. Indeed,...
September 15, 2009 12:00 AMTHE MTA is cracking under the weight of its labor costs. Yet Gov. Paterson's pick to head the state-run authority, Jay Walder, has so far fudged on this most important aspect of the MTA's future. Not that the state...
September 09, 2009 12:00 AMGov. Paterson and City Council Speaker Christine Quinn want to spend tens of millions of dollars in taxpayer money to turn market-rate homes into subsidized "affordable" homes. It's a stupendously bad idea. Quinn...
September 07, 2009 12:00 AMTHE MTA this week moved to appeal arbitrators' re cent giveaway to its union ized workers, including 11.3 percent raises over three years and a health-care present. The authority has a great case -- but it probably...
August 28, 2009 2:59 AMBY state law, public-sector labor negotiations happen in secret. To see why the reverse should be true, look at what we know (and suspect) about the twisty path to the outrageous new MTA/TWU contract -- in which it...
August 17, 2009 12:22 AMLast week, the Federal Reserve and many private-sector economists said they believe the worst of the downturn is over, or nearly so. But the emergency measures that Presidents Bush and Obama enacted to ensure the...
August 16, 2009 4:48 AMTHE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Albany and City Hall. This, in the midst of the worst fiscal crisis in decades....
August 12, 2009 2:03 AMMAYOR Bloomberg's campaign volunteers are hit ting subway platforms to tell voters about his "plan to reform mass transit." In unveiling the plan Monday, candidate Mike said of the state-run Metropolitan...
August 06, 2009 2:36 AMOVER the last two years, it has looked like New York would have to adjust to living without so many golden eggs from the Wall Street goose. But now Wall Street profits are booming again -- so we can relax, right?...
July 29, 2009 12:43 AMJAY Walder, named yester day by Gov. Paterson to be the next MTA chief, seems smart and competent -- but it may not be good enough. Taxpayers and transit riders alike should hope Walder sets some conditions for...
July 15, 2009 2:12 AMMASS transit is second only to crime in determining New Yorkers' qual ity of life -- and whether people come or stay. Yet the Metropolitan Transportation Authority, which runs the city's subways and buses, is on a...
July 08, 2009 2:32 AMIT looks like the Metropolitan Transportation Authority is moving in a "new direction" -- just as Gov. Paterson demanded last month. At a meeting yesterday, the new MTA management sacrificed the interests of...
June 23, 2009 3:04 AM
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