Sherman Yellen

Sherman Yellen

Posted May 11, 2009 | 01:36 PM (EST)

Michael Bloomberg: Republican, Democrat, or Plutocrat?

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Last October, Michael Bloomberg, New York City's Mayor, announced that he would seek to extend the city's term limits law and run for a third term in 2009, since he needed more than that silly old law limiting the Mayor to two terms, especially during the Wall Street financial crises. "Handling this financial crisis while strengthening essential services...is a challenge I want to take on." Although Bloomberg rejected former Mayor Giuliani's grab for a third term after 9/11, saying that no one is indispensible, he suddenly discovered that someone is -- himself. The public did not unanimously rejoice in his announcement, but according to Wikipedia, "many elite New Yorkers such as David Rockefeller, Henry Kissinger, and prominent businessmen including Jamie Dimon and press mogul Mortimer Zuckerman voiced support for such a proposal and published an open letter urging the City Council to extend the term limits." It is a safe bet that anything Henry Kissinger supports warrants very close inspection by a forensic team wearing latex gloves.

The City Council voted 29-22 in favor of extending the term limit to three consecutive four-year terms, thus allowing Bloomberg to run for office again. And he may run again in four more years if it suits his fancy, thus turning a great city into a banana republic controlled by the richest man in the city. One critic declared that "Bloomberg's tactics in seeking a third term, along with his failure to foresee the Wall Street crisis at the same time his policies were making the City more dependent on finance, real estate and tourism, are proof that Bloomberg is unfit for the job." I won't argue with that. The wreckage I see all around me is national in scope but here in New York City it has the special Bloomberg logo on it.

Sometimes I find hypocrisy entertaining. In literature it can be delightful -- we have Tartuffe and other great literary hypocrites to make us laugh and Iago to make us shudder -- and in life we have the giggles provided by a Rudy Giuliani offering his opinions on marriage, gay or straight, or by Sarah Palin's family on sexual abstinence. But in the case of this Mayor I find it disheartening. There's just no fun in his hypocrisy -- it's bland, joyless, and boringly self-serving. He has shown himself to be no Mayor LaGuardia who nursed New York City through the great depression with warmth, wisdom, and a rough charisma, and supported the arts in the process. My former High School of Music & Art, dedicated to giving city kids from struggling families an opportunity to become painters, writers, and musicians, was a depression-era LaGuardia project. He understood that the arts were a necessary part of a great city and vital to its life. What we have now is New York's richest citizen, flooding our TV stations with ads that drown out the voice of the opposition, and living in a tragic disconnect from the average citizen of the city. Here is a man with the warmth of a snapping turtle and the charm of an impatient bank teller waiting for his lunch break, offering to work for a dollar a year for the pleasure of holding on to power. And power is the ultimate pleasure for the man who has everything.

A frightened population, losing jobs, and seeing so many store windows shuttered, while prices rise as incomes fall, may turn to this Messiah to save them. I can see very little about this man of great wealth that understands the lives of ordinary citizens -- actually extraordinary citizens for having managed to live in New York during the past ten years of unrestricted growth. He may ride the subway from time to time, but it's a tourist ride, not a necessary way to get to a necessary job.

This Mayor, who let rampant residential building take place without providing the necessary schools for the children of new residents, who took over the failing school system with a hope of improving it, but who places an almost religious faith in standardized tests, which hardly reflect or develop those rare talents of a child, cannot be considered a success by me. How much better it might have been if the millions spent on his campaign were distributed among the poor and middle-class residents of New York to see them through this economical trial. I'm not kidding. I would respect him more if he had the decency to buy the Mayoralty from the voters openly -- send out checks to where it can make a difference in everyday lives rather than enriching the advertising coffers of the TV moguls, the campaign managers, and his fellow plutocrats. Plutocrat, an old word describing the rich who hold power by force of their wealth, is charged with the rhetoric of the defunct and strident 1930s left, but it has an honorable history going back to the Greeks and it is time to rehabilitate it in discussing this mayor.

Why am I so adamantly opposed to four more years of Bloomberg, a man whose social views are often close to my own -- pro choice, reasonable immigration policy, gay rights, civil rights -- and whom I admire for his enormous generosity in giving of his wealth to worthy causes? It is because I find that he lacks the moral imagination and the sense of proportion necessary to run a great city and keep its human scale alive. Having a genius for crunching numbers is but one part of leadership. An understanding of what it takes to keep a great city great is the primary asset a Mayor can have. From the point of view of ecology, I have seen the old, low rise neighborhoods demolished under Bloomberg to make way for behemoth buildings that turned Yorkville, for example, into a perpetual construction site like East Berlin. An ineffective and toothless landmark's commission appointed by Bloomberg -- but controlled by realtors -- allowed the destruction of what was old but necessary for a humane environment to be destroyed in the name of progress and a bigger tax base. What could have been recycled housing was bulldozed into history. A lot of lip service has been paid to ecology -- plans for tolling the bridges and restricting auto use -- but most of it ends as a scheme to increase the city coffers. Not an evil in itself, but ineffective in cleaning the air of the city which is its stated purpose.

Under Bloomberg NYU swallowed the West Village, and Columbia University made its predatory move on Harlem. Educational institutions, once notable for their sense of a just proportion, have now joined in the great land-money-grab. Bigger is always better -- until it isn't, as we have discovered in the Bank of America, which dominates the city with its branch offices and is now the biggest beggar around. I keep hoping that the Democrats will get behind a human scale candidate and put up a decent fight against this Mayor -- but I don't see one in sight. The Bloomberg landslide that seems likely to come is one that may well bury the greatest city we have. He brings the smarts of an accountant rather than the wisdom of a philosopher-king to his office -- and right now we need the philosopher-kings to get us through the hard times. But money not only talks, it shouts, and it can be shaped into a club to beat the opposition into submission. The silence in the Democratic field is deafening as the Bloomberg avalanche rolls on.

Last October, Michael Bloomberg, New York City's Mayor, announced that he would seek to extend the city's term limits law and run for a third term in 2009, since he needed more than that silly old law...
Last October, Michael Bloomberg, New York City's Mayor, announced that he would seek to extend the city's term limits law and run for a third term in 2009, since he needed more than that silly old law...
 
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- NYC07 I'm a Fan of NYC07 66 fans permalink

Bloomberg has destroyed the soul of NYC. Everywhere you look there are disgusting cheap, high-rises, totally lacking in any style. Ugly, and unaffordable to the average New Yorker. Bloomberg feels that he is a Demi-god controlling the destiny of this once great city and without him we would weep in the streets. BS ! The problem is that in the most Democratic city in the US cannot find ONE sniveling Dem to come out from under their beds to challenge this guy.

    Favorite    Flag as abusive Posted 01:04 PM on 05/12/2009
- Lenn I'm a Fan of Lenn permalink

You forgot to mention that the term limits that the Mayor had overturned by an almost compliant Council, dragged by its nose by its Speaker, was approved in public referenda TWICE. You forgot to mention as well that almost all of the Council members voting to overturn term limits overturned it for themselves as well and thereby self-servingly extended their term potential. And still it passed by only 29-22. Shame on them, the Mayor, the Kissngers and their like.

    Favorite    Flag as abusive Posted 10:36 AM on 05/12/2009
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Just take one good look at NYC under Bloomie: filthy, transit system in shambles, brownstones being leveled left and right to make way for luxury housing out of the financial reach of the average blue collar NY'er.

That will tell you all you need to know.

    Favorite    Flag as abusive Posted 09:29 AM on 05/12/2009
- Osmona I'm a Fan of Osmona 8 fans permalink

As a native New Yorker, I find this article chillingly truthful. I did NOT vote for Bloomberg the last 2 times he ran for office. This man is incapable of understanding the everyday, average cititzen of New York. I will not be quick to say he will WIN this election. I believe that New Yorkers have got to be smart enough to see through this fake. But if they do not, this man will continue to rule this City and run it into the ground. Then at that point, the people will finally get the message and vote his a$$ out of office.

But let's wait and see what happens. This will prove to be very interesting.

    Favorite    Flag as abusive Posted 08:25 AM on 05/12/2009
- Michael Henry Adams - Huffpost Blogger I'm a Fan of Michael Henry Adams 22 fans permalink
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Mr. Yellen sir, Forgive my impertinence, but may I commend you on behalf of all thinking New Yorkers who can only fear for our city under such inept, wrongheaded and arrogant leadership. Bravo, no one could have said what so needs to be said, so well.

    Favorite    Flag as abusive Posted 03:57 AM on 05/12/2009

if you want to visit NYC pre Mike the plutocrat's bad make over you will have to visit a recreation in Las Vegas or a museum. sorry, writing in little boxes and having to move after 20 years thanks to Mike has taken a toll on me.

    Favorite    Flag as abusive Posted 08:26 PM on 05/11/2009

my comment got cut off, if you want to visit New York City pre-Mike the plutotarch

    Favorite    Flag as abusive Posted 08:24 PM on 05/11/2009

Bloomberg is an oligarch & NYC has become oligarch central littered with mini-mike wannabes. NYU has mega dormed the Village to death. NYU is the evil empire of the E. Village & Mike Bloomberg & mega million side kick socialite city planner act like they work for NYU & not for NYC! They pushed thru a shady air sale over St. Ann's 120 E. 12th by the USPS to NYU but oops the USPS did not notify the State of New York as they were legally obligated to so the state could examine is this air sale over a historic site from 1847 in the best interest of the community, environmental concerns etc. Bloomberg & Burden pushed a tsunami of community crushing development way too rapid, reckless driven by greed. Watch my youtubes starting with "Mayor Bloomberg King of New York". Cooper Union is NYU jr. & Burden gave them the green light to tear down their yellow science building & supersize like they did across from the cube with that sky piercing hideous mirrored building that reflects a history destroyed & a community no longer welcome & Cooper U. land leases that property and will be a landlord for the new monument to greed by higher education & the art students couldn't be happier instead of standing by our community protesting they are as bad as NYU students. Smoke & mirrors, Bloomberg's soulless NYC & his ad campaign Orwellian & laughable. if you want to visit NYC pre-Mike, visit

    Favorite    Flag as abusive Posted 07:36 PM on 05/11/2009
- jhNY I'm a Fan of jhNY 59 fans permalink

In answer to the question posed in the headline: the last one--plutocrat, and one who made a great deal of money by leasing very, very expensive risk-calculating computers to brokerages and financial houses, from which the genius estimations of unending reward from unending avarice spewed forth that in turn, once employed, became arithmetical engines of wealth destruction by which we are now all poorer, directly or indirectly. And yet, here in NYC, where the most people have felt the direct effects of this terrible device, Bloomberg has received, apart from an article in the Village Voice, nearly no criticism for his miscalculator, so complete is the lapdog status of local news folk where the eternal mayor is concerned.

    Favorite    Flag as abusive Posted 02:29 PM on 05/11/2009
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The Bloomberg Terminals from the '80s provided live market news, analysis, trends and price quotes on a special machine. It is now a Windows application. That's interesting though. I've never heard anyone say that our financial problems are the result of financial professionals having access to too much financial information.

    Favorite    Flag as abusive Posted 03:08 PM on 05/11/2009
- eyedocoo7 I'm a Fan of eyedocoo7 8 fans permalink
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Without the Bloomberg terminal, things like collateralized debt obligations and credit default swaps would not have come into existence.

    Favorite    Flag as abusive Posted 03:48 PM on 05/11/2009
- research I'm a Fan of research 274 fans permalink

Plutocrat.

Duh.

    Favorite    Flag as abusive Posted 02:05 PM on 05/11/2009
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