New York Mayor Bloomberg is now Mayor Snowman

Didn't GQ Magazine name this moron billionaire mayor their Leader of the Year or Man of the Year for his unwillingness to shut-the-hell-up????? Or, are we mistaken New York? New York???

"Start spreading the news"....salt....New York, New York......

From the NY Times comments:
http://cityroom.blogs.nytimes.com/2010/12/30/bloomberg-says-plows-have-hit-every-street/?hp#comment-839459

Among the things I witnessed that make me feel this way:

* Sanitation trucks running back and forth along already-plowed main streets — plows up — for hours, while secondary streets remained unplowed.
* Bus routes plowed along main streets, but the streets that they need to use to turn around remaining unplowed, resulting in four buses stuck in the snow for three days, a few blocks away from my home.
* A fully loaded salt spreader tooling back and forth along the main drag in my neighborhood for at least four hours — with the spreader turned off.

Mayor Bloomberg says he will investigate blizzard sabotage...

VIDEO: NY's Dumbest; NYC sanitation workers destroy a Ford Expediton

Mark Cuban's Stupid College Football Playoff Idea

As you already know, the billionaire owner of the Dallas Mavericks (Mark Cuban), is always talking and thinking. Typically at the same time.

This week, our favorite sports owner told ESPNDallas.com that he was “actively interested but in the exploratory stage” of trying to bankroll a 12 or 16 team playoff to replace the controversial BCS (Bowl Championship Series).

What a humanitarian. Just when we need it the most.

BCS executive director Bill Hancock commented today, as expected:

“Given how much support our current system has among university presidents, athletics directors, coaches and athletes, I don’t think any amount of financial inducement will make people abandon” the BCS.

TIME Person of the Year --- Mark Zuckerberg

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Allen Stanford: The Other Ponzi Schemer

Yes, the other Ponzi scammer, Allen Stanford (see: The $8-billion Caribbean confidence game of Allen Stanford), is back in the news because now the authorities are going after others associated with the former Texas billionaire and former sponsor of the PGA Tour.


We here at Think Billion$ smell the irony of Allen "Stanford" in a different direction.


Here we have scammer Allen Stanford, who claims lineage to the Stanford family of Stanford University; who was a former sponsor of the PGA Tour which produced former billionaire Tiger Woods, a former Stanford golfer (but, not a graduate of Stanford University); who scammed Elin Nordegren who now has a new boyfriend.


This makes us think back to some of the lessons from The Lion King (1994):

Zazu: What's going on?
Mufasa: A pouncing lesson.
Zazu: Oh, very good. Pouncing. *Pouncing*? Oh, no, Sire, you can't be serious...
[Mufasa signs for "turn around"]
Zazu: This is so humiliating.

Article: Stanford Probe Widens

Why Warren Buffett LOVES higher taxes

Mark Zuckerberg says he'll give it all away. Eventually.

Facebook's founder, Mark Zuckerberg, is among the latest to join the Giving Pledge, an effort by Bill Gates and Warren Buffett to commit the country's wealthiest people to increase their charitable donations (or, be publicly humiliated for not doing so???)


Giving Pledge has now signed up over 50 people and their families.


Giving Pledge is not a formal contract. The goals is to give away at least half of their wealth to philanthropic causes either before or after they die.


Both Gates and Buffett are both on record agreeing that it is not wise to give more than a modest sum to their children and families.

Mark Cuban to LeBron James: I told you, and you didn't listen

Mark Cuban, billionaire owner of the Dallas Mavericks, regarding LeBron James:

“When he was making his decision, what I told him, and I told Maverick, was that no team had ever blown up a team of all their core, then added a couple of free agents and won,” Cuban said. “It’s always taken someone to come into a good team to make it better and put them over the top. That’s what I told him.”

Saturday Nov. 27, 2010:


Miami 95
Dallas 106

Jim Rogers to Ireland: Just Go Bankrupt

Jim Rogers: "It would teach everybody a good lesson, and in the end Europe would be stronger for it, and the EUR would be stronger... You can not spend staggering amounts of money that you don't have of other people's money that you don't have because somebody has to pay the piper. This is ludicrous. This will cripple the Irish economy for years to come. In the future Ireland will be crippled because everything they earn will go to pay off old debt. There is no reason why taxpayers around Europe or in Ireland should pay for other people's mistakes. The bondholders and the stockholders of banks should lose money"

Warren Buffett Just Loves Government Bailouts

Warren Buffett, newfound Oracle of Big Government, just loves U.S. government macroeconomic policy, circa 2008. This enabled him, among other things, to invest in and make 10% off of Goldman Sach preferred stock. Good for ya Warren! (less good for taxpayers)


Listen to Uncle Warren yuck it up:

In an op-ed in Wednesday's New York Times, Warren Buffett offers a belated thank-you to the U.S. government for averting a financial collapse back in 2008. "In this extraordinary emergency, you came through," writes the Oracle of Omaha. "And the world would look far different now if you had not." Buffett praises Fed Chairman Ben Bernanke, current and former Treasury Secretaries Henry Paulson and Tim Geithner, and FDIC Chairwoman Sheila Bair for acting with "courage and dispatch."

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Bill Gates: feeling less capitalistic these days

Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address

(CNSNews.com) - The CEO and Chairman of Microsoft Bill Gates said that capitalism’s “systemic" problems are not doing enough for research and “the needs of the poorest.”

“In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it and so you know, capitalism does amazing things but it has one systemic problem in terms of research that it won’t do enough,” Gates said at the mHealth summit in Washington on Tuesday.

Mortimer B. Zuckerman on President Obama

Mort Zuckerman, magazine editor and Canadian born real estate billionaire on the state of presidential politics in the country:

It was the worst of times for the Democrats and the best of times for the Republicans—almost. The GOP did not succeed in capturing the Senate, or dethroning the Democratic leader, but with an energy boost from the Tea Party movement it certainly reflected the anger and dismay of voters who see their country foundering at home and abroad.

read::: politics.usnews.com

Donald Trump for President?

A stock market buy recommendation or a market disguised as a sucker's bet?

Billionaire Ken Fisher Sees 16% S&P 500 Rally After Elections

Bloomberg.com article

11/03/2010 Market Closes:

Dow Jones
11,215.13 +26.41 (0.24%)


S&P 500
1,197.96 +4.39 (0.37%)


Nasdaq
2,540.27 +6.75 (0.27%)

Paul Allen is bullish on biotechnology

Seattle's hometown billionaire and biotech entrepreneur Paul Allen is chipping $20 million into a new infusion of cash for Omeros, which also hauled in $5 million from the state's life sciences fund. The money will be used to finance Omeros' quest for new drugs that can hit some 100 potential GPCR targets--a field that backers expect will deliver new therapies for currently "undruggable" targets.

Read more: Billionaire Allen helps inject $25M into Seattle's Omeros - FierceBiotech