Thursday, June 16, 2011

I'd Rather They Were Stiffing Lawyers...

So I randomly played golf with a Long Island accountant a couple of weeks ago...

He bemoaned that 47% of his customers' bills this year were unpaid.

CaptiousNut - So who's not paying you? Small businesses or individuals?

Accountant - It's small businesses, individuals, celebrities, AND local governments.

Local governments? He said that he had a few *school districts* who were problematic.

As I already told y'all - the New York economy is about to fall off a cliff.

It could actualize fast too, say in a 1,500 point stock market drubbing.

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