In these trying financial times, the Post has launched a ridiculous daily feature dubbed "Dire Straits," a collection of anecdotes about New Yorkers braving the economy. Here's an item from today's paper:
Folks can't afford a meal? Let 'em eat cake!
In the midst of the meltdown, the Magnolia Bakery opened up a new location at Sixth Avenue and 49th Street this week.
"When the market dropped 700 points last week, business was great," said owner Bobbie Lloyd. "Maybe people needed a pick-me-up. It's an affordable luxury, a small investment for a lot of happiness."
Many of the customers who were scarfing down cupcakes at $2.50 or more a pop said they were seeking a respite from the bleak fiscal news.