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Friday, February 20, 2009

Mayor Bloomberg Offers Gov't Money to Unemployed Wall Streeters

Shall I throw the class warfare flag? You tell me....

Mayor Michael Bloomberg is reaching out to help the unfortunate in New York City. He's offering $45 million in city money for job retraining as well as seed capital and office space for new business ventures.

The intended recipients of these handouts? New York's unemployed investment bankers, traders, and other Wall Street types whose greed, gambling, and incompetence got us into this economic mess.

Government retraining programs for MBAs who were pulling down six-figure salaries while they wrecked the economy—must be part of Bloomberg's effort to win the good graces of the Republican Party.

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