In recent economic times, there is a simple rule of thumb. Don't fly on private jets, give extravagant bonuses, or plan "lavish parties" while begging for money from the government. This is a lesson learned the hard way by automakers and financial whizzes alike. The auto executives learned to carpool. However, North Shore Constructors are a little slow on the uptake. Luckily(*), we have an executive-leaning Onorato to slap them around. Angry Onorato canceled their upcoming shindig to celebrate completion of the tunnels.
Port Authority's take? The party had nothing to do with them. They weren't even invited (which is pretty mean, don't you think?) In truth, Port Authority also doesn't have the clout to make a phone call to stop the party. However, the American public won't care about little details like that when judging us on the front page of USA Today. They'll care that this is just one more instance of wasteful spending during a recession when companies should be saving for the next rainy day instead of holding their hands out for yet another bailout. Thankfully, Dan Onorato decided to take up the mantle of leadership and rain on their party.
No party until AFTER we get the money. Cool? Thanks! In the meantime, how about a potluck?
(*) Yes, I never thought I'd say much positive about Onorato either. I'm glad he's proved me wrong.
Why Top Talent Must Flee Silicon Valley
7 hours ago