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Make Education In NYC A Priority

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The current bus strike hurts kids. Serious negotiations could have avoided this debacle. It is a tragedy to use kids as pawns in an adult battle which could have been settled at the negotiating table. Surely, the Mayor needs to balance the budget but not on the backs of defenseless kids.

All of the myriad cuts to education have cut kids out of daytime and after school programs in the past. And so this blatant disregard for student safety and health continues as bus transport of students with and without disabilities is not addressed fairly. And once again the education of children is again to disrupted. Yet  City negotiators seem unscathed as they move toward the negotiation table at a snails pace. Hence, the impetus for them to negotiate contracts in a timely manner or negotiate in good faith is absent. There seems to be no penalty for the City's negotiators.

There are numerous events planned in NYC each year. And before millions of visitors come to take part in these festivities, the plans are finalized by the City of New York. Negotiations which involve our public schools must be treated in the same way. They must be taken seriously. And that business must be handled professionally... more business-like. Certainly all the events which bring revenue into NYC are negotiated in a timely manner. Thus, Marathons, conventions, skyscrapers, and arenas are planned and executed in a timely manner. So one asks: When will the education of our children become a number one priority in NYC?

NEGOTIATE, NOW! And as indicated by Ruben Diaz, Bronx Borough President, "GET A DEAL DONE ALREADY because 150,00 kids need to get to school!"

 

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Peter Treadway, PhD

is an independent consultant and money manager and Adjunct Professor in Asia. He is currently is principal of Historical Analytics, LLC. Historical Analytics is a consulting/investment management firm dedicated to global portfolio management. Its investment approach is based on Dr. Treadway’s combined top-down and bottom-up Wall Street experience as economist, strategist and securities analyst. A monthly letter entitled The Dismal Optimist is produced for clients. Dr. Treadway also serves in a part time capacity as Chief Economist, C T RISKS, a new Hong Kong company that will assist Asian financial institutions with their risk management problems. On the educational front, Dr. Treadway has developed a special Masters level course focusing on securities analysis and discounted cash flow and incorporating elements of standard equilibrium pricing models, behavioral finance and historical trends. This course has been given as Adjunct Professor at the Shanghai University of Finance and Economics (SUFE) and the City University of Hong Kong. From 1965-2000 Dr. Treadway had a distinguished career on Wall Street and with major American financial institutions. For example, from 1978-1981 he served as Chief Economist at Fannie Mae. From 1985-1998 he served as institutional equity analyst and Managing Director at Smith Barney following savings and loans and government sponsored entities(GSEs). He was ranked as “all star” analyst eleven times by Institutional Investor Magazine. Dr. Treadway holds a PhD in economics from the University of North Carolina at Chapel Hill, an MBA from New York University and a BA in English from Fordham University in Bronx, New York.