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20 September 2010

Comments

Derrick from Philly

Very disappointing news. I'm a Democrat to the bone marrow, but sometimes our Democratic officials' sincerity is only skin deep.

Jim

“...the mayor didn’t have a problem finding $41 million for his proposed Governors Island beautification project. Priorities, priorities, ...”

In the 2001 election, Michael Bloomberg spent $73 million of his own personal cash just on his own campaign. Those are some priorities.

From March 2008 to March 2009, Michael Bloomberg’s wealth increased by $4.3 billion. (I’m sure he worked very hard for every penny, even though he was serving as mayor of New York at the time.)

Forbes estimates that Bloomberg’s wealth in March 2009 was $16 billion. If he simply invested that money at 5% interest, the full $20 million cost of this housing program would be 9.1 days of his interest income.

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