With its latest list of the 400 richest Americans, Forbes finds that Mayor Bloomberg is holding steady at as NYC's richest rich person. He's number 8 on the list between a Walton (of Wal-Mart) and Charles Koch.
With its latest list of the 400 richest Americans, Forbes finds that Mayor Bloomberg is holding steady at as NYC's richest rich person. He's number 8 on the list between a Walton (of Wal-Mart) and Charles Koch.
The latest Quinnipiac poll put Bloomy's approval ratings at 69%, and holding a strong 52-36 lead over the Democrat William Thompson. In an interview with Gothamist, asked what it would take to unseat the billionaire, former DNC chair Howard Dean replied, "Term limits."
In this week's issue of the New Yorker, reporter Ben McGrath looks at Mayor Bloomberg—headline, "THE UNTOUCHABLE," subhead, "Can a good mayor amass too much power?" While the article offers an image of Bloomberg with a crown hovering over his head, the caption says this, "Ambitious younger mayors around the country call him Papa Smurf." Indeed, further into the piece, McGrath writes, "[Newark mayor Cory] Booker and other ambitious younger mayors around the country, like Adrian Fenty, in Washington, D.C., call him Papa Smurf."
The City Council endorsed today Mayor Bloomberg's plan to raise the city's sales tax to 8.875 percent. The measure, which passed 37 to 10, now goes to Albany for approval by the State Legislature. While those who voted against the increase argue the tax is regressive and unfair, City Council Speaker Christine Quinn says the measure will save 1,200 to 1,500 retail jobs. But, not all councilmembers who approved the tax say they did so willingly. Said Councilman Lewis Fidler to the Gotham Gazette: "If we don’t authorize the sales tax, as distasteful as it is, there will be layoffs...I prefer we find it somewhere else, but that is not the choice we have." The increase is expected to bring more than $500 million in new revenue to the city.
Forbes released its new list of the World's Richest People and our mayor is the richest person in the Big Apple (heck, his net worth even rose this past year!). Michael R. Bloomberg, who is also known as Hizzoner, is at #17 on the list, with his self-made fortune estimated at $16 billion, thanks to "a transaction [that] put a solid valuation on Bloomberg LP: he borrowed to buy a 20% stake in his company from Merrill Lynch in July for $4.5 billion." Is this why he's advising against taxing the rich? Former richest man in NYC, David Koch, is now the 2nd richest (#20 on the list, with a net worth of $14 billion). Also interesting: One of the many billionaires tied for #701 on the Forbes list is a Mexican drug lord.
Dissension within the McCain campaign has begun spilling over into the public with campaign aides speaking out about Sarah Palin taking her cues less and less from within their camp and instead deciding to "go rogue." The rift appears to be pretty sizable with one aide telling CNN, "She is a diva. She takes no advice from anyone...Remember: Divas trust only unto themselves, as they see themselves as the beginning and end of all wisdom."
A last-minute deal was worked out between Governor David Paterson and Mayor Michael Bloomberg to save Off-track Betting, but the road to the agreement was rocky.
Since it's been about two months since Mayor Bloomberg said, "I’m not seeking a third term," it's time for third term rumors to pop up again. Today, the NY Times reports the billionaire mayor is considering another run as Mayor or maybe doing something in Albany.
Presidential hopeful Barack Obama will be speaking in NYC today, as part of Cooper Union Dialogue Series. And Mayor Bloomberg's office "took the highly unusual step" of issuing a release letting the media know Bloomberg would be introducing Obama. Aw, that's what any billionaire mayor would do for his breakfast buddy!
Yesterday Forbes magazine, in their annual ranking of the rich, declared New York City is no longer the billionaire capital of the world. Where have all the dollar signs gone? To Moscow, of course, who beat us out by 3 billionaires (they have 74 to our 71).
Deputy Mayor Kevin Sheekey, who has spent many months (if not years) hinting about his boss's presidential ambitions, is still stirring the pot of rumors. Last night on NY1's Inside City Hall, Sheekey, "promoted the idea of an Obama-Bloomberg presidential ticket."
Ending months of speculation, Mayor Michael Bloomberg confirmed he will not run for president in the 2008 election. And he did it with an op-ed in the NY Times, titled, "I'm Not Running for President, but..."
The Politicker has this hilarious photograph outside the East 60th Street location of strip club Scores touting a Hillary Clinton-Barack Obama ticket, as well as John McCain-Michael Bloomberg one. Nice to know that even though manager Harvey Osher and owner Richard Goldring failed to pay $3.1 million in taxes, they still believe in the democratic process. (Osher is serving weekend stints in prison; Goldring is getting probation.)
Mayor Bloomberg's continued insistence that he is not currently running for President is bordering on the absurd, as even attempts to ascertain where his aide Kevin Sheekey is spending his vacation time turns up blacked out in official requests. Sheekey is Bloomberg's chief political deputy, and the man most closely identified with pushing the Mayor forward in a Presidential bid. The New York Times filed a Freedom of Information request with the Mayor's office to see what Sheekey had been up to around the time that Bloomberg excused himself from the Republican party. The results were less than revealing.
All over the city, events were held to remember Dr. Martin Luther King Jr.'s legacy. One of the biggest events was the Reverend Al Sharpton's annual forum at his National Action Network in Harlem, which attracted Governor Spitzer, Senator Schumer, former Mayor Dinkins and Mayor Bloomberg.
It's Mike and Arnie, together again! The Time magazine co-cover pols, Mayor Michael Bloomberg and California Governor Arnold Schwarzenegger, made a Los Angeles appearance with Pennsylvania Governor Ed Rendell to announce the creation of a "nonpartisan organization that will advocate for more, and smarter, federal spending on infrastructure." The Mayor and maybe presidential candidate slammed the government, referenced the New Deal and more. Some of his statements:
In politics, winning elections and protecting a party majority is more important than solving problems and so short-term pork invariably wins over long-term investing and special interests win over the rest of us...Continue reading "Infrastructure is Sexy to Mayor Bloomberg"
Mayor Michael Bloomberg spent yesterday in Oklahoma, discussing the state of politics today at a bipartisan political forum at the University of Oklahoma. Bloomberg lamented the way things are going these days:
Government is dysfunctional. There is no collaboration and congeniality. There is no working together. No 'let's do what's right for this country.' I think there is no accountability today. Nobody is holding themselves accountable and to the standards of what they promised when they ran for office. And I think lastly, there is no willingness to focus on big ideas."Big ideas like a wide-ranging plan for the sustainability of New York City? However, Barack Obama's big Iowa win and encouraging New Hampshire numbers seem to "steal energy" from the event, according to the NY Times. One person organizing the DC effort to draft Bloomberg for President told the Times, "Obama is trying to reach out to independent voters, and that clearly would be the constituency that Mike Bloomberg would go after. An Obama victory does not make it impossible, but it certainly makes it more difficult.”
The most famous undeclared presidential candidate, our very own Mayor Michael Bloomberg, has weighed in about the Iowa caucus results. Okay, so Mayor Bloomberg claims he's not running for president, but when you swipe at the actual candidates, have a staff that's investigating the possibility of running a campaign, and have a billion dollars to spare...
Mayor Michael Bloomberg hasn't totally eschewed the Republican party. According to the NY Sun, the Democrat-turned- Republican-turned- independent will be "entertaining" Nancy Reagan "as well as hosting a fund-raiser for the Ronald Reagan Presidential Library." Like the former First Lady, Bloomberg has progressive views on health and science issues (like stem cells). And Bloomberg has been known to host many fund-raisers for various people and causes. But some suspect that Bloomberg might be looking for...
It's finally come to this. The lights of the Great White Way have gone dark in a dispute between the theater stagehands of Local One and producers and theater owners. The labor dispute which has been simmering for months and left the stagehands without a contract for an equal time, resulted in a shutdown of Broadway shows on the verge of the theater district's most profitable season. The stalemate came to to a head after...
Even though speculation is running high/wistful on a Michael Bloomberg presidential candidacy (maybe because all the other confirmed candidates are boring - or reporters are bored of covering the other candidates), the Post resurrects a rumor from earlier this year: Bloomberg wanting to run for governor against Spitzer in 2010. Back in May, the Post claimed the Mayor had discussed running for governor on two occasions, but the Mayor said the reports were completely made...
Mayor Michael Bloomberg was in Seattle yesterday to give a keynote at the United States Conference of Mayors. The Mayor, aka Mr. "I'm not running for president in 2008" Bloomberg, discussed NYC's efforts to be more sustainable and how governments need to invest and innovate to encourage energy efficiency. And one of the innovations would be to introduce pollution pricing. He said:
we have to stop ignoring the laws of economics. As long as greenhouse gas pollution is free, it will be abundant. If we want to reduce it, there has to be a cost for producing it. The voluntary targets suggested by President Bush would be like voluntary speed limits - doomed to fail. If we're serious about climate change, the question is not whether we should put a value on greenhouse gas pollution, but how we should do it.The Mayor said that by implementing a greenhouse gas tax, coal-fired plants would be incentivized to change to natural gas. He also suggested the cap-and-trade style fees that most politicians support would end up costing consumers more in the end, saying, "The certainty of a pollution fee - coupled with a tax cut for all Americans - is a much better deal. It would be better for the economy, better for taxpayers, and ... better for the environment."
Fridays are bustling on 34th Street, but yesterday was a little different. Billionaire Mayor Michael Bloomberg was spotted with billionaire developer Donald J. Trump and his three adult children, Donald Jr., Ivanka, and Eric. What were they doing? Walking, talking, and eating hot dogs. Or at least Mayor Bloomberg was eating a hot dog - he loves hot dogs and they love him!
Mayor Bloomberg was named in a bias lawsuit filed by three former Bloomberg LP employees. This now accompanies a lawsuit, which charges that female employees were discriminated against, that the Equal Employment Opportunity Commission filed against the billionaire's media company earlier this week. The lawsuit says, "Upon information and belief, Michael Bloomberg is responsible for the creation of the systemic, top-down culture of discrimination which exists within Bloomberg."
Mayor Michael Bloomberg's civilian life got a jolt: His company, Bloomberg L.P., was sued by the Equal Opportunity Employment Commission for "a pattern or practice of demoting and reducing the pay of female employees after they announced their pregnancies and after they took maternity leave."
Mayor Bloomberg is back from London, just in time to deliver an address at Cooper Union while the world's media is milling about NYC for the U.N.'s General Assembly. Bloomberg will be appearing as part of a panel near Astor Place to discuss national policy matters. According to The New York Sun, an online site is attracting a growing number of supporters to draft Mayor Bloomberg as a third party candidate in the 2008 Presidential election. Bloomberg resigned from the Republican Party in June, ending a five-year affiliation that allowed him to win consecutive elections for mayoral office without slogging through a Democratic primary race.
Dan Rather may have retired from the CBS Evening News, but he's still breaking stories while at HDNet. On his upcoming Thursday night Dan Rather Reports, he will air an "rare sit-down interview" with Mayor Michael Bloomberg, where Bloomberg makes it "categorically clear that he will not run for President of the United States, nor will he seek a Vice Presidential bid nor any cabinet position for that matter, something he's never done before." Wow, we think we just heard candidates from both the Democratic and Republican parties sigh with relief!
Possibly on a Brooklyn-bound F train: Mayor Michael Bloomberg. The Mayor's "bullpen-style" offices need some new paint, a new carpet and a few other fixes, so Bloomberg and his staffers are temporarily relocating to work out of the Office of Emergency Management headquarters in Brooklyn on Cadman Plaza East. The Mayor explained, “Somebody’s going to kill themselves with all of the rips in the carpet." Nice to know that he's concerned with personal injury lawsuits against the city from its employees!
We've had half a day to absorb the news, but it's still kind of crazy that Mayor Michael Bloomberg decided to drop his 6-years-old Republican coat for an unaffiliated one. Here's his official statement:
“I have filed papers with the New York City Board of Elections to change my status as a voter and register as unaffiliated with any political party. Although my plans for the future haven’t changed, I believe this brings my affiliation into alignment with how I have led and will continue to lead our City.Continue reading "Michael Bloomberg, the Ulitmate Party Hopper"
Our lovable, pragmatic mayor is now officially an independent-- many feel that this is a first step to a third-party run for president. CBS reports: