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Mayor Bloomberg delivers major policy address announcing launch of Young Men’s Initiative at breakfast co-hosted by Council of Urban Professionals and New America Alliance. August 4, 2011 (Photo Credit: Samantha Modell)

Billionaire Policy Club: Bloomberg and Soros Fund Latest NYC Initiative

Instead of having a “stupid” debate in Washington about the debt ceiling, Rep. Charlie Rangel said his colleagues in Congress should have been taking notes on what Mayor Bloomberg was rolling out.

“I think what the mayor has done is what the nation is gig to have to do,” Mr. Rangel said in a recent interview. Along with serving more than 40 years in congress, Mr. Rangel is a combat veteran and dropped out of high school.

And that’s the kid of person Mr. Bloomberg wants to help. Read More