Michael Barbaro and Kitty Bennett:

An analysis by The New York Times shows that Mr. Bloomberg has doled out at least $650 million on a wide variety of perks and bonuses, political campaigns and advocacy work, charitable giving and social causes, not to mention travel and lodging, connected to his time and role as mayor. (His estimated tab for a multiday trip to China, with aides and security in tow: $500,000.)

In the process, he has entirely upended the financial dynamics surrounding New York’s top job.

In the past, the city paid its mayor; Mr. Bloomberg paid to be the city’s mayor.

This angle isn’t new, but it puts an actual number on what Bloomberg has done — which is pretty spectacular. As weird as it sounds, it’s more like a king spending to improve his kingdom than any modern political story we’re used to.

In many ways, it’s too bad that yesterday was his last day in office. It seems unlikely we’re going to see another politician like that in a long time simply because very few people on this planet have both the desire and the resources of Bloomberg. And fewer still would put them to good use.

  1. thelanguorofyouth reblogged this from fuelledwithtea
  2. bookofdoomed reblogged this from parislemon and added:
    Would love what “good use”. Seriously.
  3. motech reblogged this from parislemon and added:
    Crazy.
  4. beardedninjas reblogged this from parislemon
  5. zabotage reblogged this from parislemon
  6. zelig5000 reblogged this from parislemon and added:
    Benevolent post modern democratic dictator. First of his kind
  7. sunchigiggles reblogged this from parislemon
  8. thegeorgecondition reblogged this from parislemon
  9. justtoast reblogged this from parislemon
  10. fuelledwithtea reblogged this from parislemon
  11. tgritty98 reblogged this from parislemon
  12. areyouthatguy reblogged this from parislemon and added:
    "And fewer still would put them to good use." That’s the key line here.
  13. matt-eats reblogged this from parislemon
  14. inthetestchamber reblogged this from parislemon