Well I think it would be the TWU that would go bankrupt, not the MTA, right?
As far as the smoking ban, I don't know what to think about it. I used to smoke, but haven't since 1995. And while I absolutely hate leaving a bar reeking of smoke, I will totally defend smokers' rights to smoke in a bar. It's a BAR!!! But there will be loopholes, like the owner-operated bar thing. The no-smoking law in bars was passed in Salem, MA, just after I moved back to NY. I remember hearing that some of the bars said they would eat the cost if they got fines for people smoking because it was worth more having the smokers who would otherwise go elsewhere. I'm really interested to see how this all works out. I think it's March or April it goes into effect.