Results tagged “privatization”

After word that the MTA will raise fares in 2009 and 2011 due to huge financial shortfalls, many people called for the MTA to be privatized. And with Governor Paterson suggesting that maybe some public properties should be sold because of NY State's budget crisis, perhaps that idea is not too far off. However, Mayor Bloomberg weighed in against the idea of selling the MTA, saying, "It will not save you, necessarily, a lot of money...You could get somebody to do it, but they wouldn't save you very much money because the potential for making a lot of money isn't there." In other words, he's not interested!

Reverend Billy climbed to the roof of the Pavilion building in Union Square last night around 6:30 p.m. to hang a banner reading: Not For Sale. While he was up there, he gave the passersby a lesson on why the historic free speech structure cannot be turned into a private, upscale restaurant; reminding people that the first Labor Day in 1882 took place there, and that one "shouldn’t have to buy a $15 appetizer to have access to this building.”