18/7

Steam power is the basis of the industrial revolution and the birth of Capitalism in America. Some of the steam lines in New York City date back to then. And steam is inherently explosive.

Huge Steam Pipe Blast Kills One in NYC

Emergency personnel look over a truck that lies in a hole in the street after a steam explosion in midtown Manhattan, New York, Wednesday, July 18, 2007. (AP Photo/Seth Wenig)

A transformer exploded in midtown Manhattan on Wednesday, creating a roar and a huge plume of smoke and sending pedestrians fleeing from the area in scenes reminiscent of the September 11 attacks.

Police at the scene said 15 to 20 people had been taken to the hospital. CNN said three of the injured had been admitted to the New York Presbyterian Hospital emergency room.

In Washington, a U.S. Department of Homeland Security official said there was no apparent link to terrorism.

"Right now it is a localized incident," said the official, speaking on condition of anonymity. "At this point, we see no nexus to terrorism."

Officials said a ruptured steam pipe appeared to have caused the transformer to blow.

The explosion erupted during the evening rush hour in one of the busiest sections of New York City, near the transportation hub of Grand Central station.

A loud constant roar rang out through the streets.

Photograph by J.D. Griggs on February 3, 1988

Steam explosions (also called littoral explosions, because they occur at the shoreline, or littoral zone) result when lava meets the sea. In the photograph above, the explosion sprays fragments of lava into the air. The smaller pieces are carried by currents and deposited in bays to form black sand beaches.

SEE:

Nuclear NIMBY

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New York City, steamBig Apple, explosion, Manhattan,

And New York Has Rent Controls

Unlike Alberta, but once again what is good for the big Apple appears to be good for Alberta. This is what globalization looks like, the neo-con agenda writ across the globe. The current housing crisis in Alberta mirrors that of New York City.

Developmentalism in the Big Apple

Cost of living has skyrocketed in New York, but under fatcats Giuliani and Bloomberg, the working man’s wage has not

By Steven Wishnia

Rent in New York City costs 10 times more today than it did 30 years ago. Working-class wages haven't followed suit.

From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present
By Kim Moody
New Press · $26.95

Noxious New York: The Racial Politics of Urban Health and Environmental Justice (Urban and Industrial Environments)
By Julie Sze
The MIT Press · $24.00

Thirty years ago, you could easily find a one-bedroom apartment in a middle-class neighborhood in New York City for $150 a month. Today, it would cost more than $1,500—more than what Yankees slugger Reggie Jackson, then baseball’s highest-paid player, paid in 1977. His Fifth Avenue apartment with a balcony overlooking Central Park cost $1,466 a month. And the minimum wage hasn’t gone up to $27.82 an hour.

How we got to this point is the subject of Kim Moody’s From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present (The New Press). Moody analyzes how New York’s business elite exploited the ’70s fiscal crisis to destroy the city’s “social-democratic polity” and impose the neoliberal agenda that has dictated “restraint on social spending, privatization, deregulation, and most importantly, the reassertion of class power by the nation’s capitalist class.”

New York City Housing Bubble - 'The BIG Picture'

See;

Housing

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Alberta, Calgary, Edmonton, New York City, housing, rental, condominium, apartment, rent controls, Big Apple, rent controls, homelessness,