August 11, 2013
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Bloomberg’s Detroit legacy…
Michael Bloomberg, whose rise to fame and fortune began when he was fired by Salomon Brothers in the recession year of 1981. As we all know by now, Bloomberg parlayed his $10 million severance check and the abundance of computer savvy he picked up on the job into the omnipresent financial-information company known as Bloomberg.
As City Time and the glitch-plague 911 system clearly demonstrates, Mike Bloomberg’s abundance of computer savvy is as realistic as the wizard of Oz’s power, yet the myth of Bloomberg as tech/financial genius persists
Wanna be sweatshop worker John Liu rightfully points out: The heat must be getting to Mayor Bloomberg, who conveniently forgets that his gross mismanagement led to consultants ripping off taxpayers to the tune of a half-billion dollars just from CityTime, and millions more from other consultants…as our unbeloved Mayor-for-Life gives new meaning to the phrase 911 is a JOKE.
Now while those are some of the reasons that has New York City on the road to Detroit-like insolvency, we forget to mention that Education Emperor Mike’s efficiency was just stripped as the Common Core tests displayed he’s wearing no clothes
Yet the New York Post had Sally Goldenberg reporting on Bloomberg’s Detroit alarm…completely forgetting to mention that in his illegal third term–with an assist from pharaoh’s pet Christine Quinn–Herr Bloomberg has set up the perfect financial storm that will make Hurricane Sandy look like an April shower.
Whilst the New York Post mentions the impending tsunami that will eradicate 15% of Wall Street jobs in the upcoming 18 months, Bloomberg was preternaturally silent about that, and the electorate is too focused on Anthony’s wiener and whether or not Spitzer’s got a slut on the side.
What people should be focused on is the disturbing A Tale of Three Cities chart that accompanied Sally Goldenberg’s article…unfortunately the Post doesn’t have a link to it
As synchronicity would have it, more than 2/3 of our kids failed the new Common Core tests.
Never mind Detroit, lets just Dickens it and go a tale of TWO cities:
- POPULATION: NYC 8.2 million Chicago 2.7 million
- Annual Budget: NYC $70 billion CHICAGO $1.25 billion
- Annual PENSION COSTS: NYC $8.3 billion Chicago $467 million
- Annual Health-care bill: NYC: 6.6 billion Chicago $466 million
Now i admit i’m not too bright because i graduated high school before educational czar came into office…so since i was deprived of the Golden Age of education under his Mikeness, i was miseducated to think the following since the population of Chicago is almost a third that of NYC:
- NYC’s annual budget should be around $3.75 billion
- NYC’s pensions SHOULD be around $1.4 billion…and
- the health-care bill is totally absurdist…it’s SIX TIMES Chicago’s entire budget
Now being a pre-Bloomberg graduate, i’m too stupid to fathom why New York City’s budget is $83 billion MORE than a city that has a third of our population…..
