Bloomberg, Mayor of Wall Street
Why is Bloomberg, the 8th
richest man in the U.S., spending $100 million to buy this election? Yes
he’s arrogant and enjoys controlling the lives of 9 million people in
NYC. There are bigger reasons though. The budget of NYC is $59 billion a year.
20% of that goes to debt service, or $12 billion a year, tax-free. This
windfall, every year, goes to the banks and investment companies.
The same banks that got trillions of
dollars in the federal bailout.
Then there’s
“Authorities” like the MTA. These unelected big business
representatives have their own budgets and there are hundreds of them in the
state. The Authorities also give billions in tax free debt service payments to
banks. The NYC Budget is also a cash cow for companies of all kinds who profit
from contracts with the City. He wants to privatize more public services so his
buddies can profit.
Bloomberg, represents Wall Street, not
the working class and youth, and wants to make sure these billions keep flowing
into the bank vaults. Meanwhile every necessary service is starved and
cut-back.
Racism, Union Busting, War on
Working Class communities
Bloomberg has been campaigning with
the racist, anti-union, anti-youth, anti-immigrant Giuliani, spreading fear and
hate in his desperation to keep his grip on NYC. He lies about jobs while
unemployment soars. Bloomberg did nothing to stop the Stella D’oro plant
from moving, despite NYC tax money the company received. He called transit
workers thugs and is against their raise. He’s attacking city workers,
wanting to force them into poverty. He’s for 100 projects for the giant
real estate developers, arranging for them to get billions in city and state
tax payer funds. The real thugs, the biggest criminals are Bloomberg and the
bankers.
We Need a United City-Wide
Movement and Struggle.
Every day in NYC there are
demonstrations by unions and community groups. Each of us fighting separately
one by one. Our enemy is united, and we must unite into a great people’s
fight back, that says People Before Profit. Even the biggest unions or groups
cannot take on Wall Street alone. We must put aside our differences or each day
we will all lost more ground.
No matter Who Wins the
Election We Still Have to Fight.
Time and again we celebrate the defeat
of a hated official like Bloomberg, only to be left with the same policies
continued. Why? Because the entire city government is run as a capitalist
profit making corporation. Debt service billions will still be paid and
politicians will cry about no money. We hope Bloomberg is defeated. But whether
he wins or Thompson wins, it is only the mass united struggle that can
challenge and win the needs of the people.
Volunteer to Join the Effort
for a United Movement.
Bail Out The People, Not the
Banks
212-633-6646,
bailoutthepeople.org
