7 thoughts on “Bloomberg’s Billion-Dollar Bash – Tikun Olam תיקון עולם إصلاح العالم
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  1. I could not agree with you more. Bloomberg is there as a spoiler and a defender of the .1%. Warren Bernie, and Pete have this privileged crowd running scared.

    Bill Hoover

  2. Technically, Bloomberg isn’t a Boomer. Neither is Biden. If one defines “Boomer” by birthday, the first day of Boomerdom is 9 months following the surrender of the Japanese at the end of WWII. In other words, June 3, 1946.
    By all other means, notably by attitude and psychology, Boomerdom dates from December 8th, 1941, meaning all the candidates except Bernie are bonafide Boomers. Moreover, being a billionaire is hardly a qualification. There are billionaires, such as Zuckerberg, who are millennials.

    Nor is there anything intrinsically wrong with being a billionaire. Bloomberg accomplished a great deal with his billions by making investment information far easier to acquire than before he built his financial empire. In effect, he democratized the process. What I have a huge problem with is those billionaires — and many others — who vitiated unionization in this country, both for industrial and service workers, including those in the tech industries. Unionization is the key factor behind the growth and success of the middle class. Confiscatory tax rates will merely destroy the financial markets for non-billionaires such as myself (OK, I’m a millionaire, even a multi-millionaire, with not too many “multis”) but I hardly consider myself and my family “rich”). Think about it: If Bloomberg had to sell off 4% of his company (which is privately held) it would destroy our 401(k)’s and be a huge disincentive towards investment. That’s what Warren and Bernie want to do. As JFK said, “A rising tide lifts all boats.” Lopping off the top of waves will not. Besides, it ‘ll never happen, and may indeed steer many voters towards Trump, who is an Adolf Hitler wannabe.

    I know Mike Bloomberg personally. He’s not my favorite person, but he certainly is extremely competent. Trump’s total incompetence prevents him from being an actual Hitler. (Come to think of it, Hitler was quite incompetent himself, but he had a few good advisers and generals, at least before he became a total raving maniac.) Bloomberg was an outstanding mayor, although I totally disagreed with his “stop and frisk” nonsense and his failed soda tax. Nor is Bloomberg a slave to Bibi and Likud. He is not Michael Steinhardt.

    Job No. 1 is to restore America’s greatness. The massive social changes can come later, if at all.

  3. I don’t want to fight with bourgeois liberals. I want a united front against fascism. Here’s what we’ll be publishing in next week’s Southside Pride:
    Welcome, Michael Bloomberg, let’s talk
    First, let me say how grateful we are that you have decided to sit at the table. We want you here. You are without any doubt the best representative of the bourgeois liberal faction of the Democratic Party. You are very rich, very experienced with the operation of how government works, and your news service is the living bible for capital investors. We need you. You are welcome to sit down with us and tell us your solutions to our common problems.
    We believe healthcare is a right, and to guarantee healthcare to everyone in America we need your help. Help us figure it out. How do we pay for it?
    We need a large capital investment in renewable energy. Immediately! How do we pay for it?
    We know the top tax rate in 1960 was 91% on income over $200,000 or $400,000 for married filers—the equivalent of $1.5 and $3 million today. Today the top tax rate is 37%. That’s a difference of 54% from our pockets to yours. The Trump tax cuts are choking the government. The military/industrial complex is bankrupting the treasury in the same way their forefathers did when they caused the collapse of Greece and Rome.
    So, welcome aboard, Michael Bloomberg.
    Buckle up.
    We’re facing some violent headwinds.
    We’re going to need to stick together through this.

  4. I think that’s Diane Von Furstenburg with the guys in that photo.

    I’m with you Richard, though you are tougher than I am with language. Buttigieg is really just getting his feet wet. I don’t mind him at all in this race and his popularity says something about an electorate that we are trying to understand, hopelessly. For that matter so is Warren and Sanders popularity, “progressive” as they are, saying something. The latter two combined would beat Biden.
    We’re gonna vote Biden of course preferring Warren & Sanders.Many polled I think feel this way, Biden is a perception based on a perception, I think, even amongst those who say they support Biden. They just don’t believe the “socialists” can win against Trump.
    About Bloomberg..he’s really irksome. I think he thinks with his money he can do a Rosie Ruiz ( who was found out anyway).It’s his money, the hubris of it, that gives him the chutzpah. So let him spend it. Maybe he will go anti Trump in a way that so far the Democratic candidates have not,amazingly,what with all the material Trump provides. The electorate that rightly wants to see us focus on other things—climate, healthcare, education,guns,infrastructure, a humane immigration policy, repairing foreign relations ( economic and geopolitical), a balanced judiciary, etc etc.- does not seem to realize that until we get rid of Trump, none of this gets going, some very urgent matters. The electorate must focus, or be focused on getting Trump and his mafia out of the WH.Then repair or replace the GOP.
    So all hands on deck for that we’ll see if Bloomberg helps or hinders or simply flops.

  5. Mr. Silagi, I take your points, but we are a country that is out of balance very much on the capitalist side(corporate and money interests). I has left out a large section of the population, people who are angry fearful uneducated. They are voters that moved to Trump enthralled in by his promises of everything great coming and winning while screwing the rest of us he calls elites (a nebulous term as is his “fake”).He tells his followers how he cares about them,has their back. He has convinced his voters that the rest of us are after HIM now (impeachment) because they don’t like THEM and that this is WAR.
    Elizabeth Warren is making progress with potential voters because she is out there showing her energy and caring in a more believable sincere way, telling people how she will work toimprove our lives on all fronts.The media and others got after her about to telling us how she plans to pay for her healthcare plan,trying to corner her. Then she did lay it out. Now the economists are arguing pro and con of her plan (there are some formidable pros) while the propagandists have a field day. But she goes on talking to people. As does Bernie Sanders.
    Destroying 401K’s and disincentives to investment, if so, means nothing to most people who live from paycheck to paycheck and can’t begin to think about retiring ever. If inequality is not addressed there will be no making America great. There are too many Job no.1’s but electing a decent person who will head a competent administration that works for us, but also by inference, the world takes priority.
    Greatness? Trump has killed that notion, thankfully.

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