Shocking that Bloomberg could state that he is for term limits, while announcing he is intending to run for a third term anyway!
The financial crisis is the rationale that he gave for changing the term limits, and that it was too close to November to be put on the ballot for a third referendum to reject it again. Why would the the single instance of the credit crunch and Wall St implosion change the term limits law for time and memoriam? If there was desire for a third term, and a rationale for third terms it wouldn't change because of the last couple of weeks financial downturn.
Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts
Sep 29, 2008
Congressional Bail Out -- RIP
Nays = 227
Yeas = 206
My solution is to make available the $700 billion loan directly to the CEOs, members of the corporate boards personally. The repayment would have 30% annual interest and a balloon payment after 5 years. If they don't make the payment (which they inevitably couldn't at such a high interest rate) the government would then take every asset from these individuals forcing them into destitution, thus wealth re-distribution on such a grand scale that would give Mao Zedong a hard-on.
Billionaires no more!
Yeas = 206
My solution is to make available the $700 billion loan directly to the CEOs, members of the corporate boards personally. The repayment would have 30% annual interest and a balloon payment after 5 years. If they don't make the payment (which they inevitably couldn't at such a high interest rate) the government would then take every asset from these individuals forcing them into destitution, thus wealth re-distribution on such a grand scale that would give Mao Zedong a hard-on.
Billionaires no more!
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