NY’s Billionaire Mayor Bloomberg Says Occupy Wall Street Is Trying To Destroy Jobs
Yes you read the title right. On his weekly radio show, Bloomberg said the Occupy Wall Street protests “aren’t productive” and not good for tourism.
Wall Street is the pillar of the New York state economy, making up 13 percent of tax contributions.
“The protests that are trying to destroy the jobs of working people in this city aren’t productive,” Bloomberg said.
Michael Bloomberg is apparently clueless or just wants to ignore reality. The protesters are rallying against corruption in those jobs. What I’d like to ask the Mayor is how good is the greed and corruption in those industries for the people who make up New York state, the United States of America and, due to the interconnectedness of the global economy, the world? How are you going to ignore the greater sin and focus on those fed up? Good thing Mikey’s not a magician because he sucks at misdirection.
The protests are attempting to address and correct the inequalities and exploitation for personal gain by those in power. They are reacting to those who don’t play fair, by the rules or change them when they see fit. Sort of like how in 2009 Bloomberg changed the election laws in NY so that he could get a third term even though the people were against it. Bloomberg’s immense wealth, estimated at roughly $18 billion, allowed him to spend 10 times as much
as his opponent on that campaign giving him a very narrow victory.
Bloomberg said his Wall Street experience would be invaluable at a time when the credit crisis is threatening the U.S. and global economy.
Correct me if I’m wrong but wasn’t it the people with immense Wall Street experience that got the country into this mess.
Bloomberg said that he could identify with some of the demonstrators gripes but while making such an inaccurate statement I’m not so sure. The protests aren’t too far from his “riots in the streets” prediction made a few days before the protests started. Things like lack of livable job opportunities, financial inequality between the top 1-2% and the rest of Americans and no accountability for criminal activity that is helping to destroy the country will tend to arouse the natives at some point. Where are the arrests in the Wall Street and Banking scandals that have threatened economies across the globe. If average Joe takes a few dollars out of the cash register he’s face to face with the business end of a taser.
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Banks, Wall Street, Oil Companies and the rich are all raking in record profits while unemployment is high nationwide and the people are being more and more oppressed by the economy. Ideas like “Too Big To Fail” and giving bailouts to misbehaving industries that continue to reward themselves with bonuses after they’ve received a handout even though we’re being told that it’s the small business that makes up the fabric of the country isn’t going to sit well for very long. It’s corporate greed, tax breaks for the rich, revolving door hiring, misguided subsidies, deregulation and outright blatant criminal activity that’s put us in this predicament. Business as usual with no recourse or repercussions is keeping us there.
“If the jobs they are trying to get rid of in this city — the people that work in finance, which is a big part of our economy — go away, we’re not going to have any money to pay our municipal employees or clean our parks or anything else.”
First and again, those jobs need cleaning up. Secondly, they are only 13% of the economy in NY. If the other 77% goes under you’ve got even less to work with and more cause for the riots you predicted.
I see you B. Your slip is showing.
Additional:
http://news.yahoo.com/yorks-bloomberg-says-protesters-trying-destroy-jobs-005956703.html
http://www.reuters.com/article/2008/10/02/newyork-bloomberg-idUSN0228265920081002
http://occupywallst.org/
http://www.adbusters.org/campaigns/occupywallstreet
Jaylon Carter is a blogger, social media marketing consultant, former Congressional Campaign Media & Communications Director, national labor union vice block leader, and a Hip Hop artist who performs under the stage name Timid (@timidmc).
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