Go walk the streets of Beijing. It's pretty hard to argue it isn't a modern city. Now, if you go outside [of Beijing], in the rural areas, that's true. But rural America, you can say the same thing, in Appalachia there's an awful lot of poverty and lack of education.
Michael BloombergI think if you look at people, whether in business or government, who haven't had any moral compass, who've just changed to say whatever they thought the popular thing was, in the end they're losers.
Michael BloombergWell, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
Michael Bloomberg