Time for another in the continuing saga of Michael Bloomberg, billionaire mayor of New York City, and his interesting feints at running for president this year.
At the bottom of this post, we’ll provide our ever lengthening link list, as this story has intrigued this nanocorner of the ‘Sphere© for many months now.
Yesterday, 13-February, President Bush signed the tax rebate legislation that he, George III, promises will lift this nation out of its recessionary funk.
The mayor, who knows a thing or two about matters financial (made his not inconsiderable fortune reporting financial news to professionals by harnessing novel technology to do so), spoke quite colorfully today.
He characterized the rebate as “like giving a drink to an alcoholic,” and said the nation “has a balance sheet that’s starting to look more and more like a third-world country.”
Not sure, but Burkina Faso might have just been insulted.
Bloomberg Ridicules Washington On Economy
‘Cash Rebates Like Booze For Alcoholics’
U.S.Resembling A ‘Third-World Country’
NEW YORK (CBS/AP) ― Mayor Michael Bloomberg has unleashed another flurry of jabs on Washington, ridiculing the federal government’s rebate checks as being “like giving a drink to an alcoholic” on Thursday, and said the presidential candidates are looking for easy solutions to complex economic problems.
The billionaire and potential independent presidential candidate also said the nation “has a balance sheet that’s starting to look more and more like a third-world country.”
President Bush signed legislation Wednesday that will result in cash rebates ranging from $300 to $1,200 for more than 130 million people.
As is his wont, Mayor Bloomberg denied that he is a candidate for the presidency, but did say that he feels increasingly compelled to speak out, in an effort to influence the national discussion.
He even had a kind word for Barack Obama.
You know what this space thinks: Bloomberg for President, a non-starter. On a ticket with Obama? Hmmm.
[Please click the link below for the complete article — but then please come on back!]
Meanwhile, distressing news and analysis keeps piling up.
If yr (justifiably) humble svt has the stomach for it, we’ll examine some of the more distinguished opinions next time.
Meanwhile, if you’d like to catch up with this space’s coverage of the ongoing progress of Michael Bloomberg’s flirtation with national office, here’s that listing.
Gotta love a good story.
Even in installments (I’ve heard Charles Dickens started that way).
It’s it for now. Thanks,
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