Bloomberg to Occupy Wall Street: Bankers Are "Struggling To Make Ends Meet"
New York City mayor Michael Bloomberg is speaking out against the Occupy Wall Street protesters. The multi-billionaire believes that the protesters have picked the wrong target because bankers are "struggling to make ends meet." Here is what he said to local radio host John Gambling on his show:
The mayor and his PR team clearly have not actually visited the Occupy Wall Street website, because it explicitly positions the movement as the 99 percent who are tired of the richest 1 percent with most of the money and power in America. Someone who makes $50,000 per year is not even close to the top 1 percent and is therefore not a target of this movement. The top 1 percent control over 40 percent of the nation's wealth and is comprised of a very small group, including Bloomberg himself.
Hat tip to Think Progress for the Bloomberg quote.ShareThis