“I don't know if Bernie Madoff got his idea from there, but if there's ever a Ponzi scheme, people say Madoff was the biggest? Wrong. Social Security… - Michael Bloomberg

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“I don't know if Bernie Madoff got his idea from there, but if there's ever a Ponzi scheme, people say Madoff was the biggest? Wrong. Social Security is, far and away,"

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About Michael Bloomberg

Michael Bloomberg (born 14 February 1942) was elected Mayor of New York City in 2001. He ran for re-election in 2005 and won a second term. He was frequently mentioned as a possible independent candidate in the 2008 Presidential Election, but did not run.

Also Known As

Native Name: Michael Rubens Bloomberg
Alternative Names: Michael R. Bloomberg Mike Bloomberg Mike R. Bloomberg

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Despite the potential to lead us to new cures, the federal government has restricted funding for creating new cell lines – putting the burden of any future research squarely on the shoulders of the private sector. The consequences of this decision have not only driven thousands of scientists overseas in search of more money and greater opportunity – but also put the brakes on the march of medicine. I’ve always wondered how these legislators would act if their health – or their children’s health – was on the line and stem cell research might lead to a cure."

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