I’m not a fan of New York Mayor Bloomberg, but every now and then even a blind squirrel finds a nut:

President Barack Obama’s demand Thursday that Congress clamp down on the size of banks and their investments got major blowback from New York City Mayor Michael Bloomberg, who said it could cause layoffs and hurt the city.

It’s a clash between the president and the mayor. President Obama wants to whittle away at the size of the financial services industry.
The mayor was so upset about the move — and a suggestion that Wall Street bonuses be put in escrow, which means the money wouldn’t be spent here, wouldn’t help the city economy — he responded with a proposal of his own for members of Congress.

“Maybe we should hold back their salaries for a decade or so and see whether the laws they pass work out,” Bloomberg said.

I like it! If this GOP would propose this as part of their platform, it would salt away some big victories in November. What? Oh, I said “salt.” Sorry, Mr. Mayor.


4 Responses to “Michael Bloomberg Actually Has a Good Idea”

  1. Tweets that mention Michael Bloomberg Actually Has a Good Idea : The Powers That Be -- Topsy.com on January 22nd, 2010 5:02 pm

    [...] This post was mentioned on Twitter by Doug Powers, Rick & Dee Foster. Rick & Dee Foster said: RT @ThePowersThatBe: Michael Bloomberg actually has a good idea here: http://tinyurl.com/ygo4cpc [...]

  2. Rick on January 22nd, 2010 5:32 pm

    defer salaries.Great idea!Dream on!

    The solution for Obama is to include control of what the Wallers and Bankers eat,drink and smoke.Bloomburger will then hop aboard the bus and mow them down.

    Anyone really believe a bank is a bank,anymore?…better odds in Las Vegas.

  3. Obama’s Act II, Same Script, Same Scapegoat? « Kyniko's Moonbat Patrol on January 22nd, 2010 6:40 pm

    [...] CALLER  Obama: I ran into a “buzzsaw” in Massachusetts over health care DOUG POWERS  Michael Bloomberg Actually Has a Good Idea GATEWAY PUNDIT  Scott Brown, a Protestant, holds special relationship with local Cistercian Nuns [...]

  4. imoforpcs on May 2nd, 2017 4:31 pm

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