Quote:

But the welfare system in the US has done wonders for a lot of low income people! Healy just wants to rub some of that magic on the upper middle class!

WTF help this socio-economic group, These people at the waterfront are educated individuals with salaries to match. Let them find their own jobs - Their education and experience should be able to get them a job anywhere in the country.

What about HELPING the chronic, long term unemployed, the disabled etc find a job - they have families too, or do you prefer to have them partake in illegal activities to make ends meet !

Healy you're an idiot

They can do what is always recommended for those making $10 an hour lose their jobs...GET RETRAINING.

Heck, they can always become Jersey City cops and look into a hole all day long and collect two salaries.

Better yet, they can all run for MAYOR; that requires no skills!

Healy seeks state plan to help Lehman Bros. workers

by The Jersey Journal
Wednesday September 24


Jersey City Mayor Jerramiah Healy

Jersey City Mayor Jerramiah Healy is asking the state to step in and save the jobs of Lehman Brothers employees who may become casualties of the firm's bankruptcy.

Lehman employs 1,700 people at its offices on the Jersey City waterfront and, as with many other workers in the city's financial services industry, support other Downtown area businesses, the mayor told the City Council Monday night.

It is unclear what, if anything, Gov. Jon Corzine will do to keep the firm's workers employed.

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Healy: Help save waterfront jobs

Wednesday, September 24, 2008
By KEN THORBOURNE
JOURNAL STAFF WRITER

Jersey City Mayor Jerramiah T. Healy is asking Gov. Jon Corzine to help save finance jobs on the waterfront in the wake of Lehman Bros., one of the city's big employers, going bust.

In a rare and brief appearance at a council caucus Monday, Healy told council members he asked Corzine to speak to officials of Barclay's - the British bank that has purchased Lehman's U.S. division - to urge them to keep offices in Jersey City.

Lehman, with offices at 70 and 101 Hudson St., has 1,700 jobs in the city, Healy said. The once mighty brokerage house is hardly the only financial giant teetering on the waterfront.

Merrill Lynch, which is being bought by Bank of America, has 1,500 jobs in the city. And the insurance giant AIG - saved for now by a $85 billion government bailout - has about 200 jobs in the city, officials said.

"The last 10 days have been traumatic," Healy said. "Even though everyone is concerned, and actually scared, we stand poised to keep these jobs and actually expand them."

Corzine's office didn't comment yesterday on what the governor had actually done concerning Barclay's.

Healy said the city has 24,000 to 25,000 finance jobs. The average employee in the industry earns $160,000 a year and the total annual wage in the city for this sector is just under $4 billion, he said.

Only 15 percent of the workers live in Jersey City, but they support hundreds of "satellite businesses," including restaurants, hotels, diners, even cleaners, Healy said.