News update for 6 February 2020: MSNBC panelist freaks out after Sanders surrogate calls Bloomberg an 'oligarch,' because it's a 'Russian' term
The International Zionist Conspiracy
Antisemitism Kickoff 2020!
Is Michael Bloomberg, Jewish Dem. candidate, good for Israel?
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Source: This Can't Be Happening
DECEMBER 1, 2019 | BY DAVE LINDORFF
Billionaire on the mayoral campaign trail in New York. (Mike Bloomberg is the turkey to the right of the chicken and eagle.)
Michael Bloomberg, according to Forbes Magazine the 9th richest man in the world with a net worth this year of $54.7 billion, isn't just the real billionaire candidate for President in 2020 (Donald Trump's net worth is almost certainly not counted in the billions, and could be negative for all we know, since he won't release his tax records) Bloomberg is also the billionaires' candidate for president. That is to say, he's not just rich, he's their man.
Bloomberg, who owns 88% of the giant media company Bloomberg LLC, where most of his wealth is in the form of that company's stock, has seen his wealth grow from $4.5 billion in 2001 when he first ran for public office seeking and winning election as mayor of New York City, to $36 billion by the time he left that office after a third term in 2013. It would seem a neat trick to increase one's wealth four-fold to such a staggering sum while receiving a Big Apple mayor's salary of just some $250,000 a year, but Bloomberg didn't take a salary, receiving instead at his request only $1 per year for his services during those three terms.
That might seem harmless enough, but let's remember that during those years, New York had to survive through the Fiscal Crisis — a crisis largely brought on by the criminal behavior and limitless greed of the denizens of Wall Street and the giant banks, most of which had their corporate headquarters only a few blocks south of City Hall and the Mayor's office. During that crisis, the Mayor hammered public employee pay, threatened to lay off teachers during bargaining with the city's teachers’ union, cut spending on school construction for a burgeoning student population, and pushed the state government to limit public employee unions' right to strike.
Oh, he also called for the state to shift control over city worker pensions from Albany to the City, the better to slash them, and suggested last year that paying taxes would be good for poor people, and would help them live longer (seriously!).
Did Mayor Bloomberg put any pressure on the Manhattan district attorney, Cyrus Vance Jr., to prosecute those giant global banks like Goldman Sachs, Morgan Stanley, JP Morgan Chase and Citicorp and their top executives for mortgage fraud? Nope! Not a word from him on that.
The one thing this wealthiest of men (in 2011 while he was having his police harass and ultimately crush and evict the Occupy Movement from Wall Street's Zuccotti Park his $19.5 billion in net assets made him America's 12th richest person) also never did during his tenure was offer to plunk some of his obscene wealth down to help the city's struggling working-class city employees weather the man-made storm that was battering the city's finances. Significantly, he did plunk down $1.8 billion as a donation to Johns Hopkins, a hardly struggling private university based in Baltimore, but nothing for New York City Schools, or even, if he were so enamored of higher ed, for the always struggling City University of New York.
As our tragically departed and sorely missed ThisCantBeHappening co-founder Charles M. Young (known for years to avid readers of Rolling Stone magazine as "The Reverend," Chuck died tragically of brain cancer in 2014) wrote in a hilarious recounting of a phone conversation he had with a "push-poll" caller working for Bloomberg, he could solve the city's budget problems if he wanted to. All of them. Here's part of that conversation:
Caller: Mayor Mike Bloomberg wants to avoid raising taxes…
Young: Why should I give a crap?
Caller: Sir, do you strongly approve, somewhat approve…
Young: Let me ask you a question…It's your turn to answer my question. Do you know how much Mayor Mike Bloomberg is worth?
Caller: No, I don't.
Young: I've seen different estimates, but it's probably about $18 billion. You can put on your survey that I strongly disapprove of that.
Caller: The statement is this, sir: Mayor Mike Bloomberg wants to avoid raising taxes on the middle class by taking control of the city union pension plans from the state legislature.
Young: Didn't I already answer that?
Caller: No, sir.
Young: Strongly disapprove. $18 billion. You know what Mayor Mike could do with that all that money in his wallet? Mayor Bloomberg could cover the entire budget gap all by himself, and still have $14 billion to live on. How bad could his life be with a mere $14 billion to spend? Would his daughter have to give up even one of her dressage ponies?
Please go to This Can't Be Happening to read the entire article.
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Related:
Michael Bloomberg Spends $300,000 on Ads in Oklahoma as Sanders Dominates Fundraising
If You Take Off His Brooks Brothers Suit He Will Be a Bolshevik In Britches
Bloomberg Is Candidate Of Choice For Trans-Atlantic Pedo-BDSM Plutocrats
Flashback: Bloomberg Says Raising Taxes on Poor People is a "Good Thing"
Will Michael Bloomberg's Jewishness help or hinder his White House run?
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