NYP and Daily News Disconnects OWS Protesters Mission
NYP's Podhoretz Blames the Victims
Yesterday we learned that 21,000 of the 99% lost their jobs last month as City's Jobless Rate Climbs to 8.8%. The Protesters who are marching because they have been cut out of the American Dream of a better life that has been the right of every American until now are called "hooligans" by the NYP. Their columnist Podhoretz a proud conservative which is easy to be when your born into a wealthy famous writing family. Podhoretz wrote today the marchers are suffer from 'collective narcissism'. Mr. Podhoretz should leave his Manhattan co-op one day and visit a City Harvest food Center where working family increasing count on to feed their children. You want to bet that Podhoretz's kids don't owe large student loans or are unemployed like the protesters. How else can a bum like Podhoretz call people fighting for their future narcissists. More NYC job loss:New Bloomberg Budget Proposal Slashes Jobs(NYDN)
The Times calls on Liu to cease fundraising for his campaign immediately and open up his campaign’s books to the public, in light of the federal probe into his operation * NYC ComptrollerJohn Liu called the arrest of his fundraiser an “unexpected challenge,” and told supporters he still wants to run for mayor in 2013. * NYC Comptroller John Liu, who was born in Taiwan, gets his own Taiwanese animation video that chronicles his fundraising scandal. (Related: Liu has lost the support of at least one Democratic club – the Central Brooklyn Indpendent Democrats – due as a result of this mess) * Analysis: The Watchdog Who FailedAfter an FBI probe resulted in the arrest of a prominent fundraiser, Liu's chances look bleak (Gabe Pressman, NBC)
John Liu’s Credibility (NYT Ed) The New York City comptroller needs to shut down his fund-raising operation and open up his books as required by city law. * New Scrutiny Clouds Role for Liu(WSJ) Allegations of impropriety in his campaign fund-raising operation may be particularly thorny for New York City Comptroller John Liu, whose role as the city's chief fiscal watchdog requires delving into agencies and sometimes scolding City Hall.
All hell breaks loose for Dems(NYP) State Dems are divided. Hot-button issues like fracking and the millionaires tax roiled yesterday’s state party committee meeting * The liberal wing of the state Democratic Partywas disappointed when Jacobs blocked resolutions favoring the millionaire’s tax and opposing hydrofracking – both of which would have been awkward for Cuomo.*The state party meetingdevolved briefly into a shouting match, offering a rare public display of anti-Cuomo sentiment among his fellow Democrats.
As a “condition” of accepting the WFP line in 2010, Cuomo insisted the labor-backed party not oppose his fiscally conservative platform. Now, however, all bets are off, and the party is gearing up for a millioniare’s tax war.
Bloomberg Changes His Mind On Who Caused Financial Crisis
Mayor Michael Bloomberg is not backing off his criticism of Congress for its role in the financial crisis, as he again blamed lawmakers for pushing bankers to offer mortgages to risky borrowers. “If you’re a banker, and people are talking about putting you in jail for making bad loans, which I argue Congress encouraged you to do, why would you go out and make another loan today?” Bloomberg asked pointedly at an immigration conference yesterday. That stance has evolved since 2008, when the mayor said banks were part of the problem. “Wall Street got into a position where they created so many sophisticated products, and my theory is most people couldn’t understand them – people who worked in the firms,” Bloomberg told an audience at Georgetown University in September 2008. “Wall Street got itself in a position where they owned a lot of things they didn’t understand, and they were much too highly leveraged.”
A Video Bloomberg Should Watch:Who repealed the Glass-Steagall Act?
The 15 residential towers at the Atlantic Yards project are officially set to be factory-built – outraging the Building Trades unions that say far fewer jobs will be created than the 17,000 initially promised developerForest City Ratner