NJ GOP is not stronger than Superstorm Christie
For those readers old enough to remember, this image is a parody of the fierce reaction to President Gerald Ford's infamous but false response to NY City's 1970's financial crisis. Even though he never said those words, he might as well have because his reaction to the city's request for financial help was part of his political undoing.
My point is not to rehash what happened 40 years ago so, gentle readers, please limit your comments to current events. If you want the back story, read thisNY Times piece. In a nutshell it was a classic case of liberal vs. conservative values locked in a game of Chicken. The only difference is that unlike many of today's elected officials, both sides blinked: they came together and worked it out.
My point is not to rehash what happened 40 years ago so, gentle readers, please limit your comments to current events. If you want the back story, read thisNY Times piece. In a nutshell it was a classic case of liberal vs. conservative values locked in a game of Chicken. The only difference is that unlike many of today's elected officials, both sides blinked: they came together and worked it out.
With 30 years’ hindsight, some of the players say that if Mr. Ford had acquiesced to the city’s appeals months or even weeks earlier, New York might never have recovered.
“Ford was good for New York, because he made us clean up our act,” said Henry J. Stern, a former parks commissioner and city councilman.
On balance, investment banker Felix G. Rohatyn said, “I think he was a plus. Ford did change his mind, and you can’t say that about every president.”
Edward I. Koch, who succeeded Mr. Beame, said of Mr. Ford: “Obviously he was persuaded his original position was wrong, and that shows a great man open to change. I hold nothing against him. And there are very few people, even when they’re dead, that I hold nothing against.”