We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city. – Michael Bloomberg
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretarys. In fact a very small percentage of people in this country pay a big chunk of the taxes. – Michael Bloomberg
What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then youre going to have enormous impact on America, thats a very big trading partner of ours, and people own securities around the world in this day and age. – Michael Bloomberg
Whatever you may think of the proposed mosque and community center, lost in the heat of the debate has been a basic question: Should government attempt to deny private citizens the right to build a house of worship on private property based on their particular religion? – Michael Bloomberg