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| Home Front: Politix |
| Mike Is A Mayor Run Amok |
| 2008-11-23 |
| When Mayor Bloomberg deployed his vast personal and political power to overturn the term limits law, he began to demystify the public relations image he had purchased at considerable expense. It was only then that New Yorkers began to recognize the danger of making Gotham's wealthiest man its chief executive. That recognition is the reason his approval rating slipped by nine points in the latest Marist poll. The public chose a mayor; they didn't expect an elected monarch. The latest furor over his unaccountable power is his unlawful refusal to send out property tax rebate checks that have been due since Oct. 1. "We have no money . . . this is not a legal issue, it's a fiscal issue," he says, an argument that boils down to "I know better." |
| Posted by:Fred |
| #1 Bloomberg is used to operating in boom times. His company was/is extremely successful riding two waves: the internet and credit derivatives (Bloomberg's first product was proprietary pricing and tracking of mortgage loan pools). Never in his career in business or mayor has he ever had to face falling revenues. Until now. |
| Posted by: DoDo 2008-11-23 15:28 |