Bloomberg, Murdoch and Rhee Lose Big in Los Angeles

Bloomberg, Murdoch and Rhee Lose Big in Los Angeles
"Dropping all of that outside money into this election woke people up. I wish it had awakened even more, because there is another lesson to take away from this election: Real-time disclosure makes a difference."

Billionaire Mayor Bloomberg Wants to Build Luxury Apartments Atop Poor Children's Playgrounds | Alternet

Billionaire Mayor Bloomberg Wants to Build Luxury Apartments Atop Poor Children's Playgrounds | Alternet
"The New York City Housing Authority (NYCHA) has plans to lease land on public housing property for luxury developments. The New York Daily News revealed last week that the housing authority plans to lease land to private developers, who will then build 3 million square feet of high-end apartments in the middle of public housing projects.

And the developers “will get a sweet deal: a 99-year lease with the lease payments to the authority frozen for the first 35 years,” the Daily News reported. While 20% of the units will be “affordable”--which means the developers get tax breaks--the rest of the units will be market-rate and out of reach financially for many New York residents."

Journalist Naomi Klein on Capitalism and Climate Change (VIDEO)

Journalist Naomi Klein on Capitalism and Climate Change
"But first, if you've been curious about why New York Mayor Mike Bloomberg endorsed Barack Obama for re-election, just take another look at the widespread havoc caused by the Frankenstorm benignly named Sandy. Having surveyed all this damage Bloomberg Business Week concluded: "It's Global Warming, Stupid: If Hurricane Sandy doesn't persuade Americans to get serious about climate change, nothing will"."