Maybe There Is Another Food Additive That Needs To Be Banned?
Ronald Lauder, who bankrolled the 1993 and 1996 term limit referendum, tells us we should kill it, kill it:
My fellow New Yorkers agreed with this and voted overwhelmingly for term limits in both elections. And over 15 years, the concept has proved itself correct. Term limits gave us a more dynamic City Council. It also gave us Michael Bloomberg — a smart, competent and popular mayor. So having said all that, why do I suddenly have a change of heart on something about which I feel so strongly? Why do I believe term limits should be lifted temporarily to allow Mr. Bloomberg to run for a third term? The answer is simple.
I lived and worked here in New York during the fiscal crisis in the early 1970s. I remember how close this city came to going under. I also remember how that financial crisis trickled down and depressed life not just on Wall Street, but on every street in every borough. Housing prices plummeted, storefronts remained empty for years, business stagnated and opportunity dried up. A corresponding rise in crime led to nightmare murders that became the stuff of horror movies. Visitors stayed away, further eroding the city’s economy. Times Square in 1975 was not a place you wanted to bring your children.
I never want to see that happen again. During the last few weeks, we have seen an unprecedented rupture in our national economic system that rivals not 1975, but 1929. Ground zero for this financial meltdown is not Washington or California or small-town America, but New York. The sudden and shocking demise of major institutions like Lehman Brothers and Bear Stearns only reinforces the comparison to the earlier and even darker time.
Certainly, there are able candidates for mayor in both parties; I know and admire many of them. But I believe that for a city poised on the brink of economic disaster (and experience tells us that economic disasters eventually become social disasters), a prosperous future depends in large measure on a mayor with a deep understanding of finance, governance and politics.
There’s a strong vote of confidence about what the city’s economy will look like on January 1, 2010. I wonder what he knows . . . but as much as Lauder feels good about his own efforts to tame the sclerotic system of entrenched lawmakers, shouldn’t an idea be a good or bad idea regardless of who supports it financially?
So let’s tease this out — given that Bloomberg is especially suited to saving New York City from catastrophic economic woes 15 months from now, what exactly has the mayor done that is so impressive on this front? What will he do, create a computer terminal? What about his tenure in office — doing mayoral things that every mayor does, and acccomplishing mayoral goals that every mayor has — what about his work in office would bring someone to this conclusion? For starters, consult his astounding 96 percent success rate in fulfilling his 2005 campaign promises (as of 2007) (.pdf here). Obviously no one else in the whole world would have been able, for example, to “expand the Out-of-School Time (OST) system to increase the number of young people served” (page 4). That’s great and all — but that doesn’t exactly show how he would single-handedly stave off a worldwide recession.
I say look on the bright side, if Bloomberg is unable to lead and the city starts to look like Scorsese’s Taxi Driver, then we won’t have to worry about where to put those million new residents, will we?
Posted: October 2nd, 2008 | Filed under: Fear Mongering, Follow The Money, Grrr!, I Don't Get It!, Jerk Move, Please, Make It Stop, See, The Thing Is Was . . ., That's An Outrage!, Things That Make You Go "Oy", You're Kidding, Right?