New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue.
I can't help but snicker. Hey Handout Peggy, still feeling good about The One being able to deliver on his promises?
Remember at one time this guys name had been floated as a possible Vice Presidential pick and the New York city Council just recently suspended the rule on term limits to allow him to run again.
It is these failed Democrat economic policies that have put so many states and local governments in jeopardy, that they now want to implement on a national level.
Happy Days are here again.....
The mayor also said he is planning to make up for pension fund losses by taking $1.1 billion from a trust he created to pay for retired workers' health care.
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