Sunday, October 12, 2008

Eyes on the Future - Rochester NY - Oct. 10th 2008 - Gov. David Paterson

The NY governor delivered his speech at the Eyes on the Future summit, hosted by Greater Rochester Enterprise and the Small Business Council of Rochester, at St. John Fisher College in Pittsford. Paterson's messages essentially were: Don't expect a bailout from Albany (he's been saying for months) and New York has to "say no for a change."
Interesting was the remark related to the connection between the Wall Street mechanisms and the amount of money NY State makes through it (through the Wall Street physical presence in the State). This means that in this period of crisis NYS has been more affected then other States.
My questions: good intentions and great speech, but will he be able to deal with the nation wide financial crisis and how consistent is the incentive programme for small/middle size business in Upstate NY? I wait for your comments.

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