The Cuomo Inheritance

[Wehrwolfen]

By Jack Kemp
March 13, 2013

In 2000 I saw a revival of a 1905 play by English playwright Harley Granville Barker called The Voysey Inheritance. The play was later revised and readapted by David Mamet into a shorter two-act version in 2005. What held my (and Mr. Mamet's) interest was a story about a family financial firm whose leadership was about to be turned over to a young son, a man of about thirty years of age. Casually, his father informed him that the firm is essentially a Ponzi scheme where old trusted clients are paid off with money from new clients, enabling the family to live a genteel life for multiple generations in a scheme worthy of Bernard Madoff -- and that none of Mr. Voysey's siblings or their mother, is aware of this juggling (the books) act which keeps them a respectable appearing English family, able to properly marry its children into polite society. After this revelation, the father dies and his son gathers family and their oldest client and tells them all, much to his shame, the true situation: the firm is broke.

After various statements of disbelief and heated arguments, the son now finds himself in a situation where he is sued. By the end of the play, he faces the very real possibility of going to prison as head of the firm being unable to return the initially invested money to its biggest clients. Forced to string people along once again, the son now attempts to borrow and scheme -- but in the service of righting the wrongs of his father and grandfather. He works to create some sound and profitable investments to mollify both his clients and the court. The resolution was, as I recall, not shown by the play's end. We just see the son's attempt to heroically redeem his company and his family's reputation. This task was his real "Voysey Inheritance."

Now we fast forward to a different type of financial enterprise taken over by a son, namely Governor Andrew Cuomo running the State of New York, just as his father did for many years before him.

In Monday's New York Post, E.J. McMahon wrote of "A Risky Budget Gimmick: Cuomo Raids Insurance Fund" in New York State.

Gov. Cuomo is cruising toward his third consecutive on-time state budget, which will no doubt be cited as further evidence that a new era of fiscal responsibility has dawned in Albany. Yet the governor hasn't turned his back on budget gimmickry.

Case in point: Cuomo's proposed withdrawal, over the next four years, of $1.75 billion from the reserves of the off-budget State Insurance Fund (SIF), which is the leading provider of workers'-comp insurance in New York.​

Read more:
Articles: The Cuomo Inheritance

 

[NYcarbineer]

By Jack Kemp
March 13, 2013

In 2000 I saw a revival of a 1905 play by English playwright Harley Granville Barker called The Voysey Inheritance. The play was later revised and readapted by David Mamet into a shorter two-act version in 2005. What held my (and Mr. Mamet's) interest was a story about a family financial firm whose leadership was about to be turned over to a young son, a man of about thirty years of age. Casually, his father informed him that the firm is essentially a Ponzi scheme where old trusted clients are paid off with money from new clients, enabling the family to live a genteel life for multiple generations in a scheme worthy of Bernard Madoff -- and that none of Mr. Voysey's siblings or their mother, is aware of this juggling (the books) act which keeps them a respectable appearing English family, able to properly marry its children into polite society. After this revelation, the father dies and his son gathers family and their oldest client and tells them all, much to his shame, the true situation: the firm is broke.

After various statements of disbelief and heated arguments, the son now finds himself in a situation where he is sued. By the end of the play, he faces the very real possibility of going to prison as head of the firm being unable to return the initially invested money to its biggest clients. Forced to string people along once again, the son now attempts to borrow and scheme -- but in the service of righting the wrongs of his father and grandfather. He works to create some sound and profitable investments to mollify both his clients and the court. The resolution was, as I recall, not shown by the play's end. We just see the son's attempt to heroically redeem his company and his family's reputation. This task was his real "Voysey Inheritance."

Now we fast forward to a different type of financial enterprise taken over by a son, namely Governor Andrew Cuomo running the State of New York, just as his father did for many years before him.

In Monday's New York Post, E.J. McMahon wrote of "A Risky Budget Gimmick: Cuomo Raids Insurance Fund" in New York State.

Gov. Cuomo is cruising toward his third consecutive on-time state budget, which will no doubt be cited as further evidence that a new era of fiscal responsibility has dawned in Albany. Yet the governor hasn't turned his back on budget gimmickry.

Case in point: Cuomo's proposed withdrawal, over the next four years, of $1.75 billion from the reserves of the off-budget State Insurance Fund (SIF), which is the leading provider of workers'-comp insurance in New York.​

Read more:
Articles: The Cuomo Inheritance

Jack Kemp is dead.

 

[Mr. H.]

By Jack Kemp
March 13, 2013

In 2000 I saw a revival of a 1905 play by English playwright Harley Granville Barker called The Voysey Inheritance. The play was later revised and readapted by David Mamet into a shorter two-act version in 2005. What held my (and Mr. Mamet's) interest was a story about a family financial firm whose leadership was about to be turned over to a young son, a man of about thirty years of age. Casually, his father informed him that the firm is essentially a Ponzi scheme where old trusted clients are paid off with money from new clients, enabling the family to live a genteel life for multiple generations in a scheme worthy of Bernard Madoff -- and that none of Mr. Voysey's siblings or their mother, is aware of this juggling (the books) act which keeps them a respectable appearing English family, able to properly marry its children into polite society. After this revelation, the father dies and his son gathers family and their oldest client and tells them all, much to his shame, the true situation: the firm is broke.

After various statements of disbelief and heated arguments, the son now finds himself in a situation where he is sued. By the end of the play, he faces the very real possibility of going to prison as head of the firm being unable to return the initially invested money to its biggest clients. Forced to string people along once again, the son now attempts to borrow and scheme -- but in the service of righting the wrongs of his father and grandfather. He works to create some sound and profitable investments to mollify both his clients and the court. The resolution was, as I recall, not shown by the play's end. We just see the son's attempt to heroically redeem his company and his family's reputation. This task was his real "Voysey Inheritance."

Now we fast forward to a different type of financial enterprise taken over by a son, namely Governor Andrew Cuomo running the State of New York, just as his father did for many years before him.

In Monday's New York Post, E.J. McMahon wrote of "A Risky Budget Gimmick: Cuomo Raids Insurance Fund" in New York State.

Gov. Cuomo is cruising toward his third consecutive on-time state budget, which will no doubt be cited as further evidence that a new era of fiscal responsibility has dawned in Albany. Yet the governor hasn't turned his back on budget gimmickry.

Case in point: Cuomo's proposed withdrawal, over the next four years, of $1.75 billion from the reserves of the off-budget State Insurance Fund (SIF), which is the leading provider of workers'-comp insurance in New York.​

Read more:
Articles: The Cuomo Inheritance

Jack Kemp is dead.

Some postulate that Washington is dead.

But you should see it on a Saturday night!

 

[Black_Label]

By Jack Kemp
March 13, 2013

In 2000 I saw a revival of a 1905 play by English playwright Harley Granville Barker called The Voysey Inheritance. The play was later revised and readapted by David Mamet into a shorter two-act version in 2005. What held my (and Mr. Mamet's) interest was a story about a family financial firm whose leadership was about to be turned over to a young son, a man of about thirty years of age. Casually, his father informed him that the firm is essentially a Ponzi scheme where old trusted clients are paid off with money from new clients, enabling the family to live a genteel life for multiple generations in a scheme worthy of Bernard Madoff -- and that none of Mr. Voysey's siblings or their mother, is aware of this juggling (the books) act which keeps them a respectable appearing English family, able to properly marry its children into polite society. After this revelation, the father dies and his son gathers family and their oldest client and tells them all, much to his shame, the true situation: the firm is broke.

After various statements of disbelief and heated arguments, the son now finds himself in a situation where he is sued. By the end of the play, he faces the very real possibility of going to prison as head of the firm being unable to return the initially invested money to its biggest clients. Forced to string people along once again, the son now attempts to borrow and scheme -- but in the service of righting the wrongs of his father and grandfather. He works to create some sound and profitable investments to mollify both his clients and the court. The resolution was, as I recall, not shown by the play's end. We just see the son's attempt to heroically redeem his company and his family's reputation. This task was his real "Voysey Inheritance."

Now we fast forward to a different type of financial enterprise taken over by a son, namely Governor Andrew Cuomo running the State of New York, just as his father did for many years before him.

In Monday's New York Post, E.J. McMahon wrote of "A Risky Budget Gimmick: Cuomo Raids Insurance Fund" in New York State.

Gov. Cuomo is cruising toward his third consecutive on-time state budget, which will no doubt be cited as further evidence that a new era of fiscal responsibility has dawned in Albany. Yet the governor hasn't turned his back on budget gimmickry.

Case in point: Cuomo's proposed withdrawal, over the next four years, of $1.75 billion from the reserves of the off-budget State Insurance Fund (SIF), which is the leading provider of workers'-comp insurance in New York.​

Read more:
Articles: The Cuomo Inheritance

Jack Kemp is dead.

It doesn't matter to Wehrwolfen, he makes non-stop "dump and run" ultra right wing troll threads daily.