I posted this last summer: How can we get out of the "Great Recession" when we've 'downsized' and outsourced much of our industrial infrastructure? Consumer spending propels our economy, but with stagnating wages or low paying temp jobs, economic recovery is years away.

Domino Theory

VAMPIRE NATION?

This national preoccupation with vampire lore (movies, TV, books) is a but a reflection of an economic system which, like a vampire, sucks the life blood of the masses of people upward toward the super-rich. (capitalism)

Stewart Acuff-"Getting America Back to Work"

Mayor Mike's narrow win

Mayor Mike's narrow win reflects seething unrest among working-class New Yorkers to his neglect of their interests over his eight year tenure. This so-called Wall Street business wiz-kid hasn't attracted enough blue-collar jobs nor enough affordable housing. Hell! Mike couldn't even keep a cookie company(Stella Dora) from vacating the Bronx. Out went over eighty good paying union jobs. Stella Dora, after a hard fought battle by the workers, paid the kind of wages workers need to pay the escalating rents that's enveloped Bloomberg's Gotham. But, we all know who Mike caters to. It's not the same folks who almost voted him out two weeks ago. It's the real estate fat cats and the folks that make six-figured salaries. And another thing Mayor Mike. Take off the Yankee jacket. We all know you don"t follow baseball and besides.... you're from....Boston.

What's going on here? Big luxury condos are being turned into rentals because the owners can't find any buyers. Commercial real estate is in gotham is in the pits. Store closings are up all over. Yet, the happy news from our corporate media is crowing that the "Great Recession" is over and happy days are here again? Below are some pix of recent store closings in the city.