Bloomberg's Advice to Obama: Play More Golf

This is one bit of advice I'm sure Obama will go for.

New York Michael Bloomberg, who loves a good party, thinks President Barack Obama needs to loosen up.

Bloomberg, on on-again, off-again admirer of Obama rumored to have called Obama the most arrogant man on the planet, says Obama needs to schmooze his Republican counterparts to govern effectively.

"The president has got to start inviting people over for dinner, he's got to play golf with them," Bloomberg told Fox News host Wallace. "He's got to pick up the phone and say, 'I know we disagree on this, but I just want to say I heard it's your wife's birthday or your kid just got into college. He has to go build friendships, that's what an executive's job is. And the president is a people person...nobody's suggestion he couldn't do a better job."

He can't possibly call someone and ask how they're doing. It's all about The O. Unless someone's calling to suck up to him it's not likely he wants to talk to anyone.

Bloomberg does make some sense with these remarks.

Appearing on "Fox News Sunday," Bloomberg praised Rep. Paul Ryan's moxie for proposing a comprehensive budget plan but wouldn't say which plan -- Ryan's or Obama's -- he backed.

"I don't know that we are in big trouble, but we certainly could be very easily - this is a warning," he said when host host Chris Wallace asked him about S&P's outlook on downgrading on U.S. treasury bonds.

A Democrat turned Republican turned independent, Bloomberg said he favors an all-of-the-above approach to deficit reduction but thinks hiking taxes on the rich at the moment would kick the U.S. economy into a tailspin.