Celebrate—Or Commiserate—On Election Night At Custom House

Looking for a joint in central Brooklyn Heights to raise a celebratory champagne toast—or to drown your sorrows—on Election Night this Tuesday, November 6? Nowhere in the neighborhood stays open as late as Custom House at 139 Montague Street, which confirms it will be airing election results all night long—literally. Last call is at 3:45 a.m. The 80-seat pub offers 16 tap beers with three flat screens TVs, while the kitchen offers such pub grub as (well-reviewed) burgers and wings, as well as Irish staples like Shepherd’s pie. (CT)

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  • Mr. Crusty

    Some facts rather than Fox new rhetoric:

    The wealthy have never paid a smaller share of their income in federal income taxes then they do currently.

    The great boom years of Clinton or of Reagan or of ANY previous time, marginal tax rates were higher at a higher percentage.

    The theory that if you lower taxes on the wealthy that would spur job creation has been completely debunked by real worl evidence to the contrary.

    The number of government workers are lower now under Obama than during the previous administration.

    Lack of regulations in the financial sector brought our county to the brink of financial disaster. Regulations are necessary even if they hinder economic growth. Do you want to fly on airplanes if they weren’t regulated?

    Your assumption that if I were really wealthy I would be against raising the taxes on the rich. Not everyone votes for their own selfish interests, many vote for what they think is for the good of the country.

    Again, I don’t see how any of Romney’s policies would benefit the economy. You just want lowere tax rates for yourself, why don’t you just admit that and we can dispense with all this others nonsense.

  • Bob Sacamano

    References to Greece are not irrelevant. However Germany and France will likely bail them out. Who is gonna bail us out? No one. Comparison is only to highlight similar fiscal dire straits. Regarding exports we need to concerned about decelerating growth in emerging markets such as china.

  • Bob Sacamano

    Off course I want lower tax rates for myself. I work for my money why do I want to give it to the government?

  • Bob Sacamano

    The Bush administration wanted to stricter capital requirements on Freddie Mac and Fannie Mae but your boy Obama voted against it so it could continue make loans for lower income families. There is plenty of blame to go around on both sides of the table. Through all these posts I never said Romney was the greatest thing since slice bread. I like Paul Ryan and Scott Walker more.

  • Bob Sacamano

    FYI. I don’t watch Fox News and don’t really like Fox News or MSNBC for that matter. I have no TV just my beliefs for policy that I think is best for the future of this country.

  • Bob Scott

    I vote for Custom House!

    Finally, the Heights has a friendly pub that’s open late (late, late, late!). Still miss the Saloon. Can do without the stiff atmosphere at the early-close Heights Cafe.

  • Mr. Crusty

    “The Bush administration wanted to stricter capital requirements on Freddie Mac and Fannie Mae but your boy Obama voted against it”

    Oh, so regulations aren’t so bad after all? Interesting.

    That being said, Fanni MaemandmFreddie Mac had little todo,with the financial meltdown. They didn’t get into the sub-prime mortgage game until very late in the game.

    The following explains:

    During the bubble, loan originators backed by Wall Street capital began operating beyond the Fannie and Freddie system that had been working for decades by peddling large quantities of high-risk subprime mortgages with terms and features that drastically increased the chance of default. Many of those loans were predatory products such as hybrid adjustable-rate mortgages with balloon payments that required serial refinancing, or negative amortization, mortgages that increased the unpaid balance over time.

    Wall Street firms such as Lehman Brothers and Bear Stearns packaged these high-risk loans into securities, got the credit-rating agencies to bless them, and then passed them along to investors, who were often unaware or misinformed of the underlying risks. It was the poor performance of the loans in these “private-label” securities—those NOT owned or guaranteed by Fannie and Freddie—that led to the financial meltdown, according to the bipartisan Financial Crisis Inquiry Commission, among other independent researchers.

  • Bob Sacamano

    I put blame on the financial crisis/mortgage concerns on all parties but I put a lot of it on the consumer. People need to take responsibility for their actions and if they are investing in a financial products they don’t understand then they should not have taken out ARM mortgages or any other financial liability product without all the facts. People need to employ common sense and not take on a financial obligation by some slick salesman. If you took out a mortgage and didn’t fully understand the risks of the financial obligation and now you are suffering because of it then too bad for you and your house is in foreclosure you deserve to be living on the Street. So much of this about personal accountability and stop passing the blame on to others such as the government or mortgage broker.

    This blaming others for their own situations has got to stop. This is such a big problem these days. No personal accountability and always blame others for your problems. Generally, i don’t care if you are living in the Street because you took on a financial obligation and did not take the extra effort to fully understand the financial risk you would be undertaking. Again, plenty of blame to go around put to put the whole responsibility on the government of private enterprise is outright wrong.

    I fully understand that you need a certain level of regulation and that the government has certain obligations to mind for its citizens but to absolve all parties is totally wrong. I know not to get involved in a mortgage that is adjustable that will increase at 2% annually after 5 years or whatever. Those who don’t and were just suckered deserve all they got and I hope they enjoy the cold sidewalk or the front seat of their car to sleep.

    I am by no means completely sympathetic to consumers that have found themselves in a financial straits due to the financial crisis. If you are not smart enough to take some time to evaluate your current situation relative to the financial obligation you undertook then too bad for you.

    Bear Stearns and Lehman Brothers do not exist anymore and good for them. They took on too much leverage and that’s what you get. Freddie Mac and Fannie Mae were involved from the very beginning and have culpability just like all other parties.

    This issue of blaming others for people’s problems has got too stop and personal accountability needs to be in place.

    People continue to vote in Hugo Chavez in Venezuela because he keeps giving everything to the people. Last I checked that was not the American way.

  • Bob Sacamano

    I am done. Crusty and all other Obama supporters I hope you enjoy your cold beers at Custom House. Unfortunately, I believe Obama will win this election and we all can have a front row seat to the financial calamity as the USA continues to deteriorate from the great country that it was that encouraged entrepreneurialism and free enterprise to a state that relies on government services and hinders free enterprise. But that is the beauty of democracy and if the people have spoken and that is what they want then so be it. Not me.

  • Mr. Crusty

    United States is still a great country. Shame some don’t seem to think so anymore,

  • Knight

    I fully agree with your last statement, Mr. Crusty. We ARE still a great country, though we’ve lost some of the luster we once had; it’s a shame some Americans no longer appreciate our greatness — their loss!

    Considering the frequency of the posts and the research behind them, I also believe that both you & “Bob Sacamano” have way too much time on your hands … time that could have been better spent helping our neighbors in Red Hook this week rather than defending a political candidate in a state that has 0% chance of giving its electoral college votes to a Republican.

  • Knight

    @Sacamano: the blame is not really on the consumer. Just prior to the financial crisis, my 80-year-old late mother received daily (at least) phone calls from very slick mortgage brokers who were encouraging her to refinance her existing mortgage, which she could afford, to one she couldn’t — with the temptation of recieving an immediate cash benefit from her equity in the house. These brokers are the ones who really caused the financial crisis … and yet to this day they have not even been targets for regulation.

  • Mr. Crusty

    @knight said, “Considering the frequency of the posts and the research behind them, I also believe that both you & “Bob Sacamano” have way too much time on your hands … time that could have been better spent helping our neighbors in Red Hook.

    Congratulations Knight you are the winner of the “Most Sanctimonious” posting award.

  • Wiley E.

    I hope someone flushes Krustry’s head down the toilet.

  • Mr. Crusty

    I love you too Wiley.

  • http://www.youtube.com/watch?v=UlsiLOnWCoI Arch Stanton

    Me thinks it might not be a good idea after all.

  • Knight

    Mr. Crusty obviously needs a new dictionary.

  • Mr. Crusty

    Knight why are you wasting time posting and not helping the victims of Sandy? What’s wrong with you?