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October 23, 2008

Are the Atlantic Yards Land Grab and City Official Fraud Being Used to Finance Bloomberg’s Bid for Billionaire Term Limit Exceptionalism?

Noticing New York

We must ask:

Is the Atlantic Yards land grab paying for Mayor Bloomberg’s effort to specially exempt himself from term limits and achieve a third term? For that matter, is the Mayor’s bid for billionaire exceptionalism fueled by city official’s fraud?

It seems pretty simple. In an apparent quid-pro-quo for city approvals for Atlantic Yards, developer/subsidy-collector Forest City Ratner gives hundreds of thousands of dollars to the Mayor’s charities; the Mayor then uses his charities as an instrument of pressure to generate coerced testimony in favor of his remaining in office.

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Posted by lumi at October 23, 2008 5:58 AM