Bloomberg’s Billionaires- What a sham is transpiring here in NYC to keep Michael Bloomberg as mayor for a third term. Why should we have an election? Let’s just anoint him as all his rich friends in Manhattan have advocated. Term limits are such a inconvenient issue, that billionaire Ron Lauder had to step up and make the moral decision to support suspending the term limits in Bloomberg’s case. Bloomberg being the magnanimous citizen was quoted yesterday as saying “he is doing this for us citizens”. What utter bullshit and Bloomberg’s own self love is beyond shameless. It finally is reaching climax, where the rich in NYC will do whatever pleases them in their little kingdom. New York City has self fulfilled the prophecy of becoming a city for and by the rich. Never trust a Red Sox fan in New York.
Like Father, Like Son- Seems the apple does not fall too far from the tree. As Henry Paulson prints, borrows and steals money to pay for the mistakes of his Wall Street buddies, his son Merritt Paulson is seeking a taxpayer bailout of his own. According to The Oregonian, Paulson Jr is hoping Portland, Oregon taxpayers ante up $85 million for building a stadium to host his toy baseball team and hopeful soccer team. Junior, 35, is investing $40 million of his “own money” to purchase the soccer franchise, but is attempting to tap into state income taxes and city urban-renewal money meant to fight neighborhood blight. Paulson Jr owns 80% of both minor league teams, the Portland Beavers baseball team and the Portland Timbers soccer team. Guess who owns the other 20%?-- our faithful Treasury Secretary Hank Paulson. Junior is very busy spreading the family money around to lobbyists and those seeking local office.
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