Wednesday, June 20, 2007

Bloomberg

FOR IMMEDIATE RELEASE
June 19, 2007
No. 205
www.nyc.gov

STATEMENT BY MAYOR BLOOMBERG ON PARTY AFFILIATION

“I have filed papers with the New York City Board of Elections to change my status as a voter and register as unaffiliated with any political party. Although my plans for the future haven’t changed, I believe this brings my affiliation into alignment with how I have led and will continue to lead our City.

“A nonpartisan approach has worked wonders in New York: we’ve balanced budgets, grown our economy, improved public health, reformed the school system and made the nation’s safest city even safer.

“We have achieved real progress by overcoming the partisanship that too often puts narrow interests above the common good. As a political independent, I will continue to work with those in all political parties to find common ground, to put partisanship aside and to achieve real solutions to the challenges we face.

“Any successful elected executive knows that real results are more important than partisan battles and that good ideas should take precedence over rigid adherence to any particular political ideology. Working together, there’s no limit to what we can do.”

-30-

Contact: Stu Loeser (212) 788-XXXX

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I really like Bloomberg and how he managed New York. If he runs for presidency, I would have voted for him (if im an American). I first knew him through using a Bloomberg terminal (of course), the financial terminal with the biggest market share, then later found out more about his company and read his book, Bloomberg by Bloomberg. He came from the golden era of Soloman Brothers (read: Liar's Poker by Micheal Lewis). Business times has a very good writeup on him last week.

There is no better way to manage a city/country like a business entity really. Look at Singapore, able to establish itself in different economic frontiers by establishing an edge, competitive advantage. The GIC and Temasek are now the de facto of managing foreign exchange reserves and country assets, with China, with the world's largest reserves, wanting to model after Singapore.

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