Thursday, March 25, 2010

Sign of the Times

My news tidbit today comes from the desk of the current major of New York - Mayor Bloomberg, who according to New York Times is "quietly ending" his funds towards a neighborhood charitable program. "His decision, which is not yet public, has set off alarm in the city’s arts and social services worlds, which depend heavily on his largesse and are grappling with deep budget cuts and a brutal fund-raising climate." Claims NYT's Michael Barbaro. "Mr. Bloomberg never demanded that Carnegie provide him with a detailed report on how the money was spent. He would simply send a single check for tens of millions of dollars every December."

This is just one thing that is showing the signs of the times & economic crisis. Clearly Bloomberg is a good man and was at one time capable of taking care of his area of jurisdiction, but there is no telling who will fall next. Funds are already falling in schools. Hopefully our country will prosper regardless.

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