Bloomberg & New York Times – GFY

Shutting down the city’s more than 60 OTB offices appeals to Mr. Bloomberg on both financial and moral grounds. Put simply, he believes that the city should not be asked to sustain a system that encourages people to squander the rent money or, worse, their lives.

NY Times Editorial

I won’t argue that there are issues, however, there’s no need to be so damn judgmental about it, particularly when:

A) the old Grey Lady has become a star struck joke too afraid to really report on what goes on in this country and

B) Mr. Bloomberg’s beloved stock market encourages charlatans to squander people’s rent money, or worse, their lives.

And let’s not forget our highly respected predatory lenders!