Friday, September 30, 2011
Mayor Moneybags and his "missing" money
From the NY Post:
There always has been something very strange about the Manhattan trial involving $1.2 million of Mayor Moneybags’ fortune, but it is entirely consistent with his weird third term. If Bloomberg ever wants to spot the day it all started to go downhill, he should revisit Oct. 23, 2008.
That’s the day he invited a black cloud to dog him by getting 29 dimwits on the City Council to change the term-limits law. He was all for a limit of two terms -- until he realized there wasn’t a chance in hell he wasn’t going to be elected president that year. Suddenly, he liked the job he had so much, he decided to keep it.
First, he would have to renege on a promise never to fight the law, then round up enough council quislings so he could seek a third term. It’s amazing what money can buy.
He got what he wanted, but his victory increasingly looks like a curse. Blame the cloud.
Rocked by scandals, snowstorms and a diminished legacy, Bloomberg now faces the indignity of having to explain publicly, and under oath, something he tried to keep secret. He and his campaign team are spinning like tops as they try to make the $1.2 million payment to the Independence Party seem honest.
It wasn’t. It was designed to be hidden from the public and the campaign-disclosure rules.
It also had an unsavory intent. Defense lawyers convincingly argued on the first day of the trial that Bloomberg made the payment secretly because he was embarrassed about its purpose.
Part of the reason he's not ranking so high these days.