Who Loves Capitalism?

It's that time again, folks.

Moms and Dads all over Hoboken are getting their little ones (and not-so-little ones) ready for the Big Day tomorrow.

For the smallest, this means tending to fears about being handed off to an institution in place of  parental warmth.  For older ones who know the drill, this means a wardrobe change and brand new accessories.

That's been my week; keeping up with a 9 year-old's blossoming sophistication and taste, blissfully out-of-touch with our political cesspool.

So, GA had no idea what this reader was talking about:

can you believe what that idiot said to the new york times?
http://www.nytimes.com/2012/09/03/nyregion/car-sharing-gamble-in-hoboken-has-mixed-reactions.html

Which idiot?

The article discussed Hoboken's Corner Car program- very illuminating, but GA was focused on finding the idiot.

Found him! 
Councilman Tim Occhipinti said he was concerned about residents who “lost on-street parking because of this for-profit company’s program.
Wow.  

Timmy works the help desk at a "for profit" company, Alliance Bernstein, which employs over 4,200 (plus Timmy) and generates over $2 Billion revenue annually (minus Timmy' salary plus the clip-on ties from the office supply closet)

Is Timmy saying that companies that employ thousands of people and generate billions in profit are intrinsically BAD?

Hertz, the sponsor of  Hoboken's Corner Car program, employs over 23,900  and generates over $7 billion year.   GA Googled 'Hertz Jobs Hoboken' and got 34 results in a 10 mile radius - 120 results in a 25 mile radius.

Jobs, jobs, jobs.

And Hertz at 1404 Willow Avenue is a Hoboken employer.

Our Timmy, who lives off the profits of his 'for profit' employer then sips from the taxpayers' teats with his 'for profit' City Council seat implies something sinister about a 'for-profit' company running Hoboken's car-sharing program.

Who knew Timmy was opposed to capitalism?

We hate capitalism!

Perhaps he should give taxpayers his for-profit City Council revenue stream back to The People.

More:
“People need to feel that parking has become easier in Hoboken,” Mr. Occhipinti said, adding that he has used the program.
Oh.  So he's a user of the for-profit company's program- an anti-capitalist capitalist.

Confused?

This is the Occhipinti that championed a Southwest park then voted against the acquisition of Southwest Park land.   

He was for the public good it before he was against it.

As a patron of the Corner Cars program, Occhipinti can say that parking in Hoboken has become easier for him- along with the other 2,999 registered with the for-profit company's program. In fact, the article details the stunning success of the Corner Cars program:
At the beginning of the program, 42 of the city’s roughly 9,000 on-street spaces were sacrificed to a city car-sharing program, known as Corner Cars, leading many residents to decry the arrival of new vehicles on their blocks, where claims to curbside space have long been regarded as sacrosanct. 

 As of July 2012, nearly a quarter of the program’s roughly 3,000 members said they had given up their cars or decided against buying one because of the car share. Since 2009, the number of people with residential parking permits has decreased by about 1,000, to 16,000 total parking permits.
In short, 0.46% of the city's available 9,000 spots were given to the Corner Cars program.

In return, 4.7% of the 16,000 people with residential permits surrendered their cars or opted not to buy one.

That sounds to me like the 'for-profit' company's program is not only relieving the demand on a very, very limited resource (parking) but is impacting the economics (and lifestyle) of 3,000 participating  households in a positive way. 

Not bad.  Unless you're an anti-capitalist capitalist.

Comments

  1. The program is a big success, no thanks to the council minority members who tried to scuttle this deal - just like the hospital sale.

    Only 42 people had to give up or not apply for a resident parking decal to have an equal yield of spots used by Hertz vs. citizens and the program far surpassed that number to the tune of 750 people giving up their decals.

    A constant refrain from the Council of No and their supporters was "I'd like a parking spot in front of my house for a hundred bucks a month", which would be reasonable IF:

    1. Your neighbors may use your car whenever they wish.

    2. You pay for insurance.

    3. You provide a gasoline credit card.

    4. You provide a GPS device.

    5. You provide an EZ Pass transponder.

    6. You provide 24/7 roadside assistance.

    7. You provide 24/7 live support.

    8. You maintain the vehicle.

    9. You remove the snow after a storm.

    Can you do all that for $100 per month? Didn't think so.

    The author of the article didn't go far enough in quoting the positive attributes of the program and the beneficial change this has had on our city's lack of parking. Instead, they quote Tim-Wit and a clerk from North Bergen who is, like many who work in our business district, no doubt one of the people who won't walk one block to the municipal garages but instead continuously feeds the meters and then complains there are no spots available for their customers.

    ReplyDelete

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