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China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.

Michael Bloomberg

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Michael Bloomberg
Age: 82
Born: 1942
Born: February 14
Actor
Aircraft Pilot
Bank Manager
Businessperson
Former Mayor Of New York City
Politician
Trader
Writer
Boston
Massachusetts
Michael Rubens Bloomberg
Michael R. Bloomberg
Mike Bloomberg
Labor
Eastern
Europe
Factories
Markets
Cost
Costs
Lower
Closer
Investing
China

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We're [New York] the world's second home, the place where every religion is practiced and every culture is celebrated.
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[Hillary Clinton] is going to decide war, peace, and health, education, livelihood for my kids. I want the best person.
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In business, when you fail at something, when something doesn't work, you say okay, we've learned that that's not a path to go down.
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I've got the greatest job in the world. There's no other job in government where cause and effect is so tightly coupled where you can make a difference every day in so many different ways and in so many different people's lives. It's a great challenge.
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Today, you're a piranha if you are seen having coffee with somebody from the other party in many cases.
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After hard work, the biggest determinant is being in the right place at the right time.
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You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
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I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.
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Being an entrepreneur isn't really about starting a business. It's a way of looking at the world: seeing opportunity where others see obstacles, taking risks when others take refuge.
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Working collectively and collaboratively is the difference between mediocrity by yourself or success as a team. You have to share the pain and the responsibility and if you do then you will also share in the rewards.
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I never lie, so if somebody asked me a question, I told them.
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I'd love to have a president who really was out there leading and traveling around the world campaigning for joint climate change action. Even the Chinese government is trying to get people to stop polluting. And I think the federal government level in China is acting more responsibly than the American government.
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You're entitled to your own opinions, but not your own facts.
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In New York City, a lot of people think the great outdoors is the area between your front door and a taxi cab.
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Whatever you may think of the proposed mosque and community center, lost in the heat of the debate has been a basic question: Should government attempt to deny private citizens the right to build a house of worship on private property based on their particular religion?
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Organizing around a common interest is a fundamental part of democracy. We should no more try to take away the right of individuals to collectively bargain than we should try to take away the right to a secret ballot.
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I've always respected those who tried to change the world for the better, rather than just complain about it.
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I am heading straight in. I have earned my place in heaven. It’s not even close.
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You can't sit there and worry about everything.
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We need to have more taxes, not less, and we need the taxes we have, certainly, to provide services - for defense and education and health care. We should not cut money here in order to cut taxes.
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