Now, you might say – “But why should we pay people for doing what they’re supposed to do?” It’s a fair question – but think of it this way: Every other anti-poverty program that’s been tried has failed to get the national poverty rate below 11 percent... Why shouldn’t we experiment with a program built around the one strategy that has proven time and again to work wonders – capitalism?
Michael BloombergI think one of the great dangers here is going and categorizing anybody from one religion as a terrorist. That's not true... That would let the terrorists win. That's what they want us to do.
Michael BloombergPartisanship may be King in Washington - but the rest of us don't have to pay tribute.
Michael BloombergPeople vote against their own interests that all the time. But when you do the polling in the U.S., it has gone from less than 50 percent who thought climate change was real to 70-odd percent. And if you listen to the Republicans in Congress, they used to say, "Oh, climate change doesn't exist." Then they switched to "Well, it exists, but it's not man-made," to "Well, I'm going to address the issue." Why? Because when they go home, the local constituent says, "Wait a second. What are you talking about? We just had a flood. We haven't had rain in a long time." They can't get away from it.
Michael BloombergMy personal view is, why don't you get out there and try to do something about the things that you don't like, create the jobs that we are lacking, rather than just yell and scream. But if you want to yell and scream, we'll make sure you can do it.
Michael BloombergThe system [in U.S.] is designed for a two-party system. And those two parties have an interest in keeping third parties out. There's too much of the structure that works in the two-party way. They will keep the third party out.
Michael BloombergThe problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.
Michael Bloomberg