The 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 BloombergAnd I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
Michael BloombergThe Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.
Michael BloombergI like what I see when I look in the mirror. If I get sentimental, I look and say, "Uh. It's a bad day. They beat up on me," this, that, and the other thing. But ya know? We've spent one billion trying to convince people to not smoke. It's been phenomenally successful. We've probably saved millions of lives. There aren't many people that have done that. So, you know, when I get to heaven, I'm not sure I'm gonna stand for an interview. I'm going right in.
Michael BloombergIf someone tells me they skied all day and never fell down, I tell them to find another mountain.
Michael Bloomberg