NYC's Mayor Bloomberg giving another $350 million to alma mater Johns Hopkins

Frank Franklin Ii / AP

New York City Mayor Michael Bloomberg is giving $350 million to his alma mater Johns Hopkins University, making him the school's largest-ever philanthropic benefactor.

New York Mayor Michael Bloomberg is giving $350 million of his multibillion-dollar fortune to his alma mater, Johns Hopkins University, in a gift that will bring his total lifetime donations to the institution to over $1 billion, the school said on Saturday.

Bloomberg's giving to the university over the years makes him its largest-ever philanthropic benefactor, the school said in a statement.

Of the new gift, $250 million will go toward the university's work to tackle global challenges such as the preservation of water resources, while the other $100 million will provide financial aid to undergraduate students, according to the school.

When he was an undergraduate at the Baltimore university, Bloomberg paid for his tuition by taking loans and working as a parking lot attendant. His first Johns Hopkins gift was $5 in 1965, a year after he received his bachelor's degree in engineering.

"Johns Hopkins University has been an important part of my life since I first set foot on campus more than five decades ago," Bloomberg said in a statement. "Each dollar I have given has been well-spent improving the institution and, just as importantly, making its education available to students who might otherwise not be able to afford it."

Bloomberg, now 70, went on to found financial news and information company Bloomberg LP and amassed a fortune estimated by Forbes magazine at $25 billion.

Bloomberg, who was elected mayor of New York in 2001, has said he will give away his fortune before he dies and has set up Bloomberg Philanthropies to distribute gifts. Besides education, his donations have targeted public health initiatives, the environment and the arts.

Bloomberg, chairman of the university's board of trustees from 1996 to 2002, has given the school a total of $1.118 billion, it said.

Related: 

NYC Mayor Bloomberg launches campaign against gun violence

Bloomberg endorses Obama, citing Sandy and climate change

Copyright 2013 Thomson Reuters. Click for restrictions.

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Ain't he nice.

  • 9 votes
#1 - Sun Jan 27, 2013 7:39 AM EST

Yes, indeed, that's a nice tax write off!

  • 5 votes
#1.1 - Sun Jan 27, 2013 10:50 AM EST

I thought only Republican politicians were "rich"...who knew?

  • 12 votes
#1.2 - Sun Jan 27, 2013 10:55 AM EST

i see some of his donations plans are for the eviroment. no money can help our enviroment lol. it is already destoryed. what can help prevent more is take money out of corporations hands by passing laws. banning large soda drinks is a small start becuase most those companys play a part in destorying our enviroment. high fructose corn syrup. gentically modified corn by monsanto has killed america and our enviroment. small starts.

  • 2 votes
#1.3 - Sun Jan 27, 2013 11:02 AM EST

maybe this azz boil should have chucked some of that cash towards some of the residents of the cesspookl new York that STILL don't have relief from the storm...and your leftist drivle about Congress doesn't cut it , FEMA has said several times that it has had enough money , this cat is a clown , just like the rest of the New York leftist "press gang" (you look up what that is , my breakfast is ready)

  • 14 votes
#1.4 - Sun Jan 27, 2013 11:05 AM EST

rc - followed by numbers

"environment" , nice bit of pablum and drool there , if you martyr yourself then there will be one less carbon footprint , small starts

  • 4 votes
#1.5 - Sun Jan 27, 2013 11:08 AM EST

telegraph...Bloomberg...send money...to plain bob...hundreds of millions...he has a plan...

  • 2 votes
#1.6 - Sun Jan 27, 2013 11:33 AM EST

@ john antondoe. or we go big and u can try to do that to urself cuz i bet i take lot less carbon footprint then u. i dont waste food, i use my own bag when shopping (easy to carry too compare to plastic) and i dont waste paper towles napkins (resuable rags are also eaiser to use). plus im to poor to afford a car so i have to walk and use my bike or public transportation to work.

  • 1 vote
#1.7 - Sun Jan 27, 2013 11:42 AM EST

rc-followed by numbers

hahahah, a little strong on drivle and weak on substance there zippy, hahaha , "I'm poor" , haha , that's your fault , leftist union public school left you unprepared for life , or your parents did.. the fact that you live in squalor without a pot to pizz in doesn't concern me at all and I shouldn't have to live your life style in order to meet your "conditions" for existence , nice try though

  • 4 votes
#1.8 - Sun Jan 27, 2013 11:57 AM EST

Bloomberg is part of the problem and not part of the solution. Just another politican getting richer by being elected.

  • 8 votes
#1.9 - Sun Jan 27, 2013 12:08 PM EST

GEEZ. Cant anyone just say something nice? What have any one of you done lately for your fellow-man except offer up complaints?

Thank you, Mr. Bloomberg, for your generosity. A lot of people will benefit from your kindness.

  • 12 votes
#1.10 - Sun Jan 27, 2013 12:25 PM EST

Most here just can't get over there are good people in this world and they ain't REPUBLICANS, all they do is whine about others .....

  • 4 votes
#1.11 - Sun Jan 27, 2013 12:29 PM EST

@ john athondoe you see im not that poor. im still eating. i have to work hard for a few bucks a day, 5k a year but its no big deal. it helps me build muscles. sure id like things to be better but im fine. thank you. i feel sorry for you. your lifestyle isnt as great as you think. you think you have it good but u really dont. you dont live a better life then me.

  • 2 votes
#1.12 - Sun Jan 27, 2013 12:34 PM EST
Comment author avatarDebbie Birchardvia Facebook

I agree he should have used some of his money to help the people of his State and I not just talking about Sandy victims. People in Upstate New York are still in recovery from Tropical Storm Lee, still a year and a half later we have people that haven't gotten their money, houses are empty waiting to be torn down, schools are still not rebuilt children are going to different schools. People are still staying with other families. Even half of that would have gone so far to help so many. I know we are one of those that were devastated by it. So much attention gets put to the people of New York City well the people of our area are New Yorkers too!

  • 1 vote
#1.14 - Sun Jan 27, 2013 1:05 PM EST

FANTASTIC

Kudos.... an investment in Education is the best bet for America!

Applause!

  • 1 vote
#1.15 - Sun Jan 27, 2013 2:05 PM EST

most likely he wants a $700 million tax writeoff ,you all know how these scumbag politicians & billionaires do the math

  • 3 votes
#1.16 - Sun Jan 27, 2013 2:21 PM EST

I find this donation Disgraceful at best.

He'll offer money to an out of state college for it was his alumni while so many in his city and ssurrounding areas still have no home, power or job due to Sandy's destruction

Bloomberg has failed his own people with this donation as he fails NYErs who have been left homeless, powerless and jobless!

What a scumbag!

  • 5 votes
#1.17 - Sun Jan 27, 2013 2:26 PM EST

Wow....we have a fuking rich A$$HOLE giving more money to the rich.

  • 4 votes
#1.18 - Sun Jan 27, 2013 2:38 PM EST

Mayor Bloomberg, education is our future, well done Sir.

Another area in desperate need of funding is cancer research. Perhaps Mayor Bloomberg’s generosity will inspire others to share some of their excess millions and donate to this worthy cause.

    #1.19 - Sun Jan 27, 2013 5:38 PM EST

    The OWS is now planning their next sit in.

      #1.20 - Sun Jan 27, 2013 7:13 PM EST

      To those who think that mayor Bloomberg is a democrat, sorry to disappoint these zombified minds: he is a Republican...

        #1.21 - Sun Jan 27, 2013 11:42 PM EST

        Geraleve,

        Wrong, he is an independent.

        • 1 vote
        #1.22 - Mon Jan 28, 2013 6:22 AM EST

        He should of got a large soda for everyone in new york, or maybe just helped the poor or homeless

        • 1 vote
        #1.23 - Mon Jan 28, 2013 8:30 AM EST

        I wonder if anyone is going to care what his "effective tax rate" is going to be this year?

        Impeccable timing considering now is the time to get his tax rate down.

        While I can appreciate someone giving their fortunes to those of lesser fortune, Johns Hopkins University, is by far not exactly a charity! Particularly now that Bloomberg alone has given well over 1 Billion dollars to them.

        Certainly he could have found a more effective and useful way to help those that truly need help, and he need look no further than the are to which he governs. While there is nothing bad about his philanthropy, perhaps he could have made a wiser choice than he has.

        • 1 vote
        #1.24 - Mon Jan 28, 2013 10:01 AM EST

        "you dont live a better life then me."...now thats just plain ignant , you've been taught by your leftist handlers that "feeling good about yourself" is the answer , 5k a year? ,might as well not be "working" at all , that's where the "entitlements" come into play 'eh bro'?

        • 1 vote
        #1.25 - Mon Jan 28, 2013 10:55 AM EST
        Reply

        isn't new york, new jersey where thousands of people are living in tents after the hurricane? seems to me that he could have helped them out instead of johns hopkins which has already profited richly from his generosity. for that kind of money, he could have built all those poor people new homes and really been a hero.

        • 38 votes
        #2 - Sun Jan 27, 2013 8:00 AM EST

        But LTTLAL wasn't it his money to spend. How much money did you send to the people to help them get out of tents. I don't like the guy but it was his money.

        • 7 votes
        #2.1 - Sun Jan 27, 2013 8:40 AM EST

        Mary Joones nobody is saying is not his money, but it would have been better spent for a greater good in helping the victims of Sandy, by just giving 300 millions to the victims and 50 millions to John Hopkins, or something like that.

        • 10 votes
        #2.2 - Sun Jan 27, 2013 9:27 AM EST
        George NYDeleted

        The guy is trying to tell other people how they should live (by the laws he passes as NYC mayor) yet does as he pleases. I am so sick and tired of people thinking they know what's best for everyone else then do as they please. And yes, it is his money, but how did he make it? The same way all you liberals complain about, huh? Corporate greed? I think he should pay his fair share. I bet you don't hear about the tax write-off he'll get for donating to that school!!!!!!!

        • 16 votes
        #2.4 - Sun Jan 27, 2013 10:05 AM EST

        liberals think he should pay his fair share, joebob. how would you even think you know what ALL liberals think, when you have NOTHING up stairs to think with?

        • 3 votes
        #2.5 - Sun Jan 27, 2013 10:11 AM EST

        You're right usedup I shouldn't lump all libs into one category like they do to us conservatives. My bad for shrinking to a liberal level!!!

        • 10 votes
        #2.6 - Sun Jan 27, 2013 10:16 AM EST

        Are we sure all the money he gave away was his, and not taxpayer money? /shrugs

        • 5 votes
        #2.7 - Sun Jan 27, 2013 10:20 AM EST

        @romilio-- Just how much money did you send. Post the check. All i'am saying is it was his money do do with as he chooses. I think he could have given it to homeless vets, but that's not my call.

        • 5 votes
        #2.8 - Sun Jan 27, 2013 10:24 AM EST

        Idiot ALL or NOTHING joebob. ALL or NOTHING is NOT conservative, and NEVER was before joebob the radical idiot brought his hate along.

        • 3 votes
        #2.9 - Sun Jan 27, 2013 10:31 AM EST

        Don't get me wrong on this. Don't get beefy. But you say he should have given the money to the Sanday victims. Please post on here what you have given other then in your taxs to the Sandy victims. Mine is zero.

        • 2 votes
        #2.10 - Sun Jan 27, 2013 10:31 AM EST

        no tax write off on doing that has to be a non profit dont think the rich r giving thier money away they h ave their purpose TAX TAX TAX

        • 1 vote
        #2.11 - Sun Jan 27, 2013 10:44 AM EST

        Hey LITTLAL:

        Get real! I remember an old English proverb - Carrying coal to New Castle (New Castle is the biggest coalmine in the world!)- When I was was a kid in my grade school I learned its human nature to put oil on an oily head. If your head is too dry to begin with no one is going to put a drop of oil on your head.

        The billionaires are not always the humanitarians we perceive them to be. They donate their billions to where they will gain more fame and notoriety (as if they need more!). There is no pride in giving away your billions to the poor and the needy and building birds nests. The poor and the needy will not build monuments and or memorabilia in their honor, nor will they carve Bloomberg's name in the stone. So, there!

        • 7 votes
        #2.12 - Sun Jan 27, 2013 10:48 AM EST

        ooooh!!! Hit a nerve, huh, used? Once again, just proves my point, most name calling and derogatory remarks come from the left in this forum. And by the way, I am far from radical, I am just conservative, but I don't always agree with the right, and I sometimes agree with the left. The problem I have most is the Progressive left who think it is their way only and all should think the way they do.

        • 6 votes
        #2.13 - Sun Jan 27, 2013 11:00 AM EST

        you must not be from NY or NJ. bro im from NJ and the president and govornor of NJ came to my city but you want me to tell u a little secret? the hurricane was not that bad as they showed on TV. you dont have to feel sorry for us. this was more about the govornor trying to fraud the federal goverment for money and its lot of other fruads involving insurance. one thing is it hurts homeowners. christie saw the opertunity to fruad homeownrs and took atvantage of it. he also hurt many ppl like me when he shut down perfectly fine roads and transportation makeing me and many other miss work. we have bills to pay. but as for the hurricane it wasnt that bad. very few ppl lost thier house. hurricane sandy stories by the media is a insult to real victims of natural disasters such as hurricane katrina or tsuanami victims. were not victims and nothing that bad happended. im not going to sit here and ask for ppl's sympathy and say that it was bad when its not. im not one to sit and whine about a small hurricane with a little floods and wind.

        • 3 votes
        #2.14 - Sun Jan 27, 2013 11:05 AM EST

        Really rc? Cause I know a bunch of people who now own homes that are uninhabitable, people who still don't have power, etc...

        I have volunteered time to help people, brought food to shelters, donated firewood...I can see how some can make that statement about Bloomberg and his donation - Johns Hopkins most likely has a trust built into the billions by now while there are people who can't afford to fix or rebuild staying with friends and trying to figure out what the hell they are going to do even still. I do understand it's his money and he can do what he pleases with it, but when people have billions and are donating millions, you'd hope it would be something to help some who have been less fortunate rather than just making another organization even more wealthy than they already are.

        I don't know if it's the same for you on this page - but it's almost comical to see that one recommended story off this is that some Sandy "refugees" are 'scrambling for shelter on Saturday night'.

        • 3 votes
        #2.15 - Sun Jan 27, 2013 11:18 AM EST

        romilio,

        ...but it would have been better spent for a greater good in helping the victims of Sandy...

        How about people be responsible for themselves. If people had elected proper homeowner insurance coverage then they would not have to worry about damage caused from Sandy. People decided to save a few dollars a month by opting out of flood insurance. Too bad for them, they made a bad choice.

        • 2 votes
        #2.16 - Sun Jan 27, 2013 11:49 AM EST

        @RC

        I'm from N.J. and the only people committing fraud is the UNION members from N.Y. & Phila......... O'Bagger wants a disaster relief czar because of fear Republican Gov. Christi will not ponder to out of State Union Trolls & Demoblacks!!

        • 4 votes
        #2.17 - Sun Jan 27, 2013 12:16 PM EST

        @ lee i dont care tea bagger or democrat. i dont got time for this democrat vs republican thing yall play on here. i dont care about unions and obama. hes a joke and ur boys chrisitie and the republicans are even worse. maybe my post was poorly written. the feds are a fraud. what i meant is christie wants aid for his profits and also raise flood insurance and other insurances on homeowners of NJ because they pay him just like every poltican gts paid such as monsanto and iowa for example. obama gets paid too, hes no bettr.

        • 2 votes
        #2.18 - Sun Jan 27, 2013 12:44 PM EST

        you should see all the plundering NY gov Cuomo has been doing with FEMA and Sandy relief ,what a scam with debris removal and handling

        • 1 vote
        #2.19 - Sun Jan 27, 2013 2:26 PM EST

        MARY Joones,

        I can only hope that one day you develop a sense of compassion and empathy for as of right now your words and thoughts are quite cold!

        • 1 vote
        #2.20 - Sun Jan 27, 2013 2:29 PM EST

        I must make this reply to you, rc-4121998.

        You may THINK that because you live in NJ that you KNOW all about the damage Sandy did. Let me tell you you ARE and idiot! You must live in an area of our state which Sandy barely touched since you couldn't possibly make the statement you did otherwise.

        In my town we have people STILL unable to move back into their homes. We STILL have lots where a home once stood with only the foundation there now. We STILL have so many people depressed due to loss of home and all contents INCLUDING precious family pictures, pictures of sons and daughters who gave their lives for our country in war. THESE can never be replaced. You say was a bunch of lies for gain? Take a ride to Atlantic Highlands, Belford, Leonardo, Highlands, Union Beach, Keansburg, Keyport, Sea Bright, Long Branch, Seaside, Toms River, to name a few. You take that ride, roll up your sleeves, bring your friends and HELP!

        You are an idiot rc-4121998 and most likely have never in your life done a thing to help anyone in need. You wear blinders to all but your immediate surroundings and call people liars when they speak of the absolute devastation along all of the NJ Shore! Try leaving your little world and open your eyes and heart (IF you have one) to HELP those who are STILL struggling to get through each day.

          #2.21 - Sun Jan 27, 2013 2:43 PM EST

          FOR Mary Joones

          Being on a fixed income and elderly I HAVE given to the relief for Sandy victims in my area of NJ as much as I could afford. Gave up some personal "luxuries" for the next almost year to be able to donate $500.00. May not seem like much to you all, is is to me a great deal. I decided to make do with my 10 year old coat and boots. Decided I really don't need any beyond basic cable to enjoy my life. Took all but $75.00 of my savings to give to those who need it more in my town.

          What HAVE YOU GIVEN?

          • 1 vote
          #2.22 - Sun Jan 27, 2013 2:55 PM EST

          @Cofins-- Bless you. I really mean that. I haven't seen anybody else. I state at the end of my post what I gave was zero. But as I'am trying to get across is it was your money to do with as you saw fit. Bless you again.

            #2.23 - Sun Jan 27, 2013 7:53 PM EST
            Reply

            I don't know what the other zillionaires are doing with their fortunes. The government is addicted to dumping our taxes into wars, searching for drone victims, scanning our bodies and taking the lobby bribes to maintain a frozen congress.

            If only Bloomberg to start a trend.

            • 7 votes
            Reply#3 - Sun Jan 27, 2013 8:01 AM EST

            It is his money and I know he can do what he wants with it, but you have to think about all the people there in New York, who lost some or everything to Hurricane Sandy. You have people that lost their homes and are in shelters, or rundown hotels, or still do not have heat or power. You wonder what they are thinking.

            • 12 votes
            Reply#4 - Sun Jan 27, 2013 8:07 AM EST

            This way he can change the name or have signs put on the building. "Blumeturd Institution of the Liberal Arts" Kind of like Denny Sanford with his "gift". Only of course after legally making credit card slaves out of millions of willingly gullible American consumers.

            • 5 votes
            #4.1 - Sun Jan 27, 2013 8:26 AM EST

            This donation of Bloomies is just a tax write off for him, nothing more.

            He claims he cares, but his words are cheap and his actions pathetic---what a sad leader he has been and always will be if even to his own family!

            • 3 votes
            #4.3 - Sun Jan 27, 2013 2:31 PM EST
            Reply

            totally agree karen

            • 5 votes
            Reply#5 - Sun Jan 27, 2013 8:11 AM EST

            Right on Karen. Not a good time to be announcing that he is giving 350 million to his almamater is it?

            • 10 votes
            Reply#6 - Sun Jan 27, 2013 8:12 AM EST

            People will bitch if the millionnaires don't give anything and now if one does donating 350 million. This is Johns Hopkins which leads medical reseach and is the source of advancements for many cures for a number of diseases. This may be the place where a cure for cancer is found.

            I am not crazy about Bloomburg as he like to impose his personal will as Mayor such as small softdrinks in the city to curb obesity. But, I would thank him for the generosity and putting the money in a place where it will help much more people in the long run.......

            • 14 votes
            #6.1 - Sun Jan 27, 2013 8:31 AM EST

            Agreed @IXLR8

            Would also like to add that we don't have a clue if Bloomberg donated to anything related to victims of Sandy, so shouldn't assume that he didn't.

            • 10 votes
            #6.2 - Sun Jan 27, 2013 8:54 AM EST

            If he had made any donation to help Sandy victims we would have heard about it at one of his ego stroking news conferences.

            • 4 votes
            #6.3 - Sun Jan 27, 2013 10:31 AM EST

            But he DID, not only donate, but took up the whole RIGHTS VIOLATING legal costs of fighting Cigarette Companies over their packaging in another Country, for them. HIS NYC Initiative regarding Soft Drinks and Obesity is wrongly targeted (bu typical) at the Individual, instead of The Soft Drink Company. If he feels so strongly about it, he should be going after The Soft Drink Companies, NOT the Individual. (He cannot penalize and make the Individual responsible for the manufacture of a "Legal" product and "effectively" penalize the Individual for choosing to be a Consumer and partake of a "Legal" product). He's got the balls to take on a Company with HIS AGENDA only if it "affects" another Country, not his; but doesn't hesitate to penalize Individuals "FOR and INSTEAD OF" Companies here? IF HE CAN FIGURE THIS OUT FOR ANOTHER COUNTRY THEN HE CAN FIGURE THIS OUT FOR THIS COUNTRY. (but obviously WON"T). period PICK ON SOMEONE YOUR OWN SIZE! (every pun intended!)

            Instead of "Soft" Drinks, how about going after "Legalized" Hard-SUBSTANCE Synthetic Marijuana, that is CLEARLY labeled "not for Human consumption", but is exactly what it's knowingly, with intent, produced and USED for? What, if anything, does Johns Hopkins have to say about that?

            To me, Mayor Bloomberg is a perfect EPITOME EXAMPLE of how Republicans are CORRUPT and Democrats ARE COMTAMINATED!

            • 1 vote
            #6.4 - Sun Jan 27, 2013 10:46 AM EST

            IXLR8

            bubby , it says in the article that the money is going to be squandered on fake "environmental" BS , not medical research , Johns Hopkins is a leftist liberal indoctrination center just like most of the "higher" education system , you can polish them and Bloombooger as much as you want , they are both still tudrs in the punch bowl

            • 2 votes
            #6.5 - Sun Jan 27, 2013 11:16 AM EST

            Unites WE Stand

            what we DO know is , conservative republicans give more money from their OWN pockets to charity than secular Democrats do , so chances are that he is always trying to figure out what "entitlements" that our tax money should go to as only secular Democrtats are smart enough to know where "charity" should be destributed

            • 1 vote
            #6.6 - Sun Jan 27, 2013 11:20 AM EST

            IXLR8, I agree completely -- excellent post.

            • 2 votes
            #6.7 - Sun Jan 27, 2013 1:08 PM EST

            John, not one part says the money will be "squandered". Some research and financial aid to new college kids which is a great thing. I guess you were not part of "RIF" in school, Reading is Fundamental. Sweetie, go make up stories somewhere else.......

              #6.8 - Sun Jan 27, 2013 2:20 PM EST

              As if John Hopkins doesn't abuse and distribute the funds received to personal perks and biased research---EX. GMO's.

              Bloomies actions may have ben his to make; but they were wrong for he turned a blind eye to the victims toward the victims of Sandy'.

              • 1 vote
              #6.9 - Sun Jan 27, 2013 2:33 PM EST

              "I guess you were not part of "RIF" in school, Reading is Fundamental"...hahaha...good one

              but your right , I wasn't , I was in accelerated education classes , you know , "critical thinkng" type of stuff , it helps you read between all the Alinsky/Soros media BS

              nice try with the "retort" , but useless , like most leftist liberal ideology

              • 1 vote
              #6.10 - Mon Jan 28, 2013 11:09 AM EST
              Reply

              He cant pay what he's supposed to in taxes but he can give his old school 350 mill. Man, the rich really know how to play the system.

              • 8 votes
              Reply#8 - Sun Jan 27, 2013 8:30 AM EST

              I can't understand all the negativity this guy is getting from some posters here because he didn't donate for a cause they preferred! I can be careless about all of you who are only doing the talk, this guy actually did the walk and I am sure there would be tremendous benefits out of his contribution. By the way, did you ever think perhaps Sandy victims will get scholarship benefits? Sadly the very same complainers won't even realize they will reap of the some benefits his causes will realize. Investing in education and science pays off for everybody, not only nationally but globally and this guy is unselfishly doing it. Haters should take the blinders off.

              • 3 votes
              #8.1 - Sun Jan 27, 2013 10:15 AM EST

              Bloomturd controls much of what we hear as "news". Fact.

              • 2 votes
              #8.2 - Sun Jan 27, 2013 10:18 AM EST
              Reply

              Keep the money Bloomberg

              • 2 votes
              Reply#9 - Sun Jan 27, 2013 8:40 AM EST

              Agree that Johns Hopkins is a great institution but not better than NIH where the most cancer research is done. I think it shows the difference between talk the talk and walk the walk. If he truly cared about the New Yorkers who lost everything in the hurricane, he would have donated his money to helping them.

              • 5 votes
              Reply#10 - Sun Jan 27, 2013 8:47 AM EST

              CatTrax13, #10- I think that even though it almost "automatically" seems logical, it would be considered a "conflict of interest" to "personally" directly donate such a large amount to Sandy Victims. (It's a two-way street. A conflict of interest is a conflict of interest, no matter the direction) In the same way that "a conflict of interest" exists in HIS Soft Drink Initiative; along with HIS Arbitrary Health Board running the show over "elected" City Council, right? (Sorry, I read about and see and experience this Dynamic so much that I can't keep track of remembering specifically where and when it rears its ugly head)

              • 1 vote
              #10.1 - Sun Jan 27, 2013 11:32 AM EST
              Reply

              I don't like the guy and his politics but he has the right to give his money to whomever he chooses. I should give him my address and ask for a billion or two and I will name the new wing on my house in his honor.

              • 2 votes
              Reply#11 - Sun Jan 27, 2013 9:16 AM EST

              Nice gesture Mr. Bloomberg, but it sure seems like you're sticking it to NY. Fifty percent of the $350 million could've helped so many storm victims in Queens or Long Island.

              • 3 votes
              Reply#12 - Sun Jan 27, 2013 9:19 AM EST

              Nice tax deduction.

              • 3 votes
              Reply#13 - Sun Jan 27, 2013 9:30 AM EST

              Wonder how he managed to stockpile all that money. It is a proven fact that politicians do not work.

              • 3 votes
              Reply#14 - Sun Jan 27, 2013 9:35 AM EST

              He hasn't been a career politician like so many liberals. He amassed his fortune in the publishing business. Always helps when you have a clue before making comments.

              • 4 votes
              #14.1 - Sun Jan 27, 2013 10:23 AM EST

              googlemike You forgot to say the career conservative politicians also in your post. Dude not all career politicians are liberals. "Always helps when you have a clue before making comments."

              • 2 votes
              #14.2 - Sun Jan 27, 2013 11:03 AM EST

              @GoggleMike, thats right, get a clue, Rethugs have so many "Career politicians, also!!!!

                #14.3 - Sun Jan 27, 2013 11:14 AM EST
                Reply

                $350 million??? Who has this kind of money to GIVE AWAY?? Hey, Mayor Bloomberg..I'm struggling...Can you send me $10K?? That would be NOTHING to you and really help me? Thanks!!!

                • 3 votes
                Reply#15 - Sun Jan 27, 2013 9:39 AM EST

                The NRA can't be too happy about this. I'm sure that money will only further Bloomberg's gun-ban agenda. No self-respecting adherent of the US Constitution should accept Bloomberg's tainted dollars.

                • 3 votes
                Reply#16 - Sun Jan 27, 2013 9:42 AM EST

                Al, it's to early in the day to get into the liquor cabinet.Back off.

                • 8 votes
                #16.1 - Sun Jan 27, 2013 9:59 AM EST

                al kyda If Bloomberg offered you one of those 350 million he's giving away you would take it in a heartbeat. Its funny how cash can change ones mind. "Money talks and bull$hit walks."

                • 1 vote
                #16.2 - Sun Jan 27, 2013 11:08 AM EST
                Reply

                Why isn't he taxing himself and sending it to IRS to help pay down the debt. I thought that's what the rich fascists did to set an example for the minions. Guess not.

                • 2 votes
                Reply#17 - Sun Jan 27, 2013 9:48 AM EST

                The rich fascists would rather have a building named in their honor because its a lasting memory of their generosity.

                • 1 vote
                #17.1 - Sun Jan 27, 2013 11:12 AM EST
                Reply

                I guess love of his fellow man does not apply here! Why not just stuff that big soft drink in there eye,straw end first. Heartless bastard!

                • 1 vote
                Reply#18 - Sun Jan 27, 2013 9:52 AM EST

                Nanny Bloomberg can afford to give away hundreds of millions of dollars while people in his state are still living in shelters following a devastating hurricane. Do you think he'd give any of that money to the relief effort? Hell no! Do you think he'd give any of that money to help out of work New Yorkers find work? Hell no! Do you think he'd give any of that money to the Red Cross to help disaster victims anywhere else in the world? Hell no! He gave it to his old school with stipulations as to where it will be spent! It's strictly a tax write off, folks!!! Bloomberg likes to pat himself on the back so much, I hope he breaks his feckin arm!

                • 3 votes
                Reply#19 - Sun Jan 27, 2013 10:10 AM EST

                backtobasics.....you are so correct! Bloomberg doesn't return the money stolen {TAXES} from the now homeless tax payers. One can only hope, karma visits him!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

                  #19.1 - Sun Jan 27, 2013 6:38 PM EST
                  Reply

                  New York City. You pay the highest taxes in the nation. Transit fares for Trains and buses the highest in the nation. Tolls that are outrageous on bridges, tunnels and everything else that by original agreement should have been long gone decades ago. The middle and lower class pay for everything. The most outrageous taxes on gas and and cigarettes, liquor in the nation to name just a few items. This is only to name few. All from people electing a billionaire mayor who has NO conception of the struggle of what the middle class and poor have to go threw.

                  • 3 votes
                  Reply#20 - Sun Jan 27, 2013 10:12 AM EST

                  To all the pundits. Well you too could just run for mayor, set your own visionary ideals, donate your own earned money to a substantial cause and bear the brunt of any non substantial comments that are truly meaningless too. I didn't think so. Get out your own checkbook and you can direct the money to where ever you deem best. I didn't think so either. Shut up, you are well just irrelevant,

                  • 2 votes
                  Reply#21 - Sun Jan 27, 2013 10:14 AM EST

                  Well isn't that nice of him. Just don't have a super sized soda in your hand or he might send you to jail.

                  • 4 votes
                  Reply#22 - Sun Jan 27, 2013 10:15 AM EST

                  That is a lot of money. He could have helped the sandy victims more than he did, and still donate to John Hopkins. Sandy victims in the USA still trying to live without heat in their homes is a disgrace. For that matter, John Hopkins could use some of that donation to help the sandy victims. I recently read that many of the people, who lost their jobs because of sandy still don't have jobs. John Hopkins can hire them. Or maybe they can be hired as soda police.

                  • 2 votes
                  Reply#23 - Sun Jan 27, 2013 10:18 AM EST

                  What is someone like this doing in politics? He is an example of the epitome of the ultra-rich buying their collective way into office like so many others. They are in both political houses, and they do not represent the people, only their self-serving agendas. Yet one side claims that their party is for the poor and down trodden, while they say the other party is for the rich! Filthy rich demagogues, one and all. There is little if any grass roots representation in the political process we have in place here in America. The system needs a vast cleansing and thorough overhaul. Can anyone spell REVOLUTION? Better hurry before all our guns are melted down into plow shares!

                  • 2 votes
                  Reply#24 - Sun Jan 27, 2013 10:25 AM EST

                  "Bloomberg, who was elected mayor of New York in 2001, has said he will give away his fortune before he dies"...

                  You can't die too soon enough for me.. and keep your damn money!!

                  • 5 votes
                  Reply#25 - Sun Jan 27, 2013 10:26 AM EST

                  Another limousine liberal... Why not give it to the victims of Hurricane Sandy you hypocrite. You know.. the ones still on the street looking for shelter because FEMA %$#@ them over.

                  • 1 vote
                  Reply#26 - Sun Jan 27, 2013 10:31 AM EST
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