America Is On Fire And Only Mike Bloomberg Has The Hose To Put It Out: Bill Ackman
Over at the FT today you will find an op-ed by Pershing Square founder Bill Ackman entitled "America is burning but Michael Bloomberg can put out the fire," in which he sends out an SOS to Hizzoner emeritus to throw on his gear, grab his hat, jump on the truck, get the sirens going, barrel down the street, and SAVE THIS COUNTRY.
Our government is wasteful and dysfunctional. Our national debt exceeds our gross domestic product. Our bridges, roads, airports and tunnels are crumbling. Our school system fails to educate our children. Our middle class is shrinking. Our tax code drives our most profitable businesses to relocate to foreign jurisdictions. Our immigration laws force talented young scientists and entrepreneurs to competitor nations. Our incomprehensible regulations fail to protect us from fraud, crime, pollution and abuse of power, while stunting growth and impairing our global competitiveness. Our international standing has deteriorated. Our enemies no longer take our pronouncements seriously and our military supremacy is threatened. The American dream is fading. Yet there is hope. The key is finding the right leader. And that leader is Mr Bloomberg, who told the Financial Times this week that he is considering joining the race for the White House. His character is unimpeachable and he is an extraordinary entrepreneur and philanthropist. He has great judgment and is beholden to no one. He has a proven business record, having created $40bn of value building one of the most successful media and information technology companies in the world.
America is burning but Michael Bloomberg can put out the fire [FT]
