Mayor Bloomberg: “Poor people and Congress caused economic crisis!”
2011 November 6
Silly hippies! Occupy Wall Street has got it all wrong, sez our billionaire mayor — it wasn’t the too-big-to-fail banks that caused the worst economic downturn since the Great Depression, it was liberal do-gooders in Congress forcing banks to give mortgages to lazy poor people! Watch Mayor Mike run this story by businesspeople at a November 1 Association for a Better New York breakfast:
Intrepid anti-Wall Street crime reporter Matt Taibbi of Rolling Stone gives his rebuttal to Bloomberg’s wild lies and misrepresentations here.