-----Original Message----- From: Doug Henwood <dhenwood at panix.com> To: lbo-talk at lists.panix.com <lbo-talk at lists.panix.com>
>Rudy would never go through with the threat in the long-term
-This is classic liberal thinking. Of course he would. Not guaranteed, but -he would.
My point was that I doubt he would go up against capital on the issue. You are talking about 20,000 cabs I believe at $250,000 a shot for a medallion. That's $5 billion in total capital value. Is Rudy really prepared to liquidate that much capital value, propel the city into a $5 billion lawsuit, all over controlling cabbie rudeness?
The guy's a schmuck but I doubt he's that much of one.
--Nathan