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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
China
Labor
Eastern
Europe
Factories
Cost
Markets
Costs
Lower
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More quotes by Michael Bloomberg

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My father, a bookkeeper who never earned more than $11,000 a year in his life, sat there, writing out a $25 check to the NAACP. When I asked him why, he said discrimination against anyone is discrimination against us all. And I never forgot that. Indeed, his philanthropy was a gift, not just to that organization, but to me.
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We're paying more for the privilege of getting sick and dying early. Once again, it makes no sense. And once again, no one in Washington is talking about how to fix it.
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You are safer here tonight than you would be on the streets of any other city in the world.
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I thought Jeb Bush would have made a good president. He was on the board of my foundation. He's very conservative, much too conservative for me.
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You can buy almost anything anyplace in the world. You can get it delivered in 24 hours. You can pay for it on credit or just by swiping something. So, I don't know that the world is worse off, in that context, than before.
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I believe in Judaism, I was raised a Jew, I'm happy to be one - or proud to be one.
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If you think of all the publicity about the terrible tragedy of Virginia Tech, we have a Virginia Tech in this country every day. It's just spread across 50 states.
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We all must recognize that homeland security funds should be allocated by threat and no other reason.
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Progress is not inevitable. It's up to us to create it.
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There is no business in America that would be prevented from taking results into account when making personnel decisions.
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The press really is not doing its job of holding their [the candidates'] feet to the fire. ... The tough questions are not what are you in favor of, but how are you going to get it through Congress?
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We will rebuild, renew and remain the capital of the free world.
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It's no fun to protest on an empty stomach.
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I do not think that anybody should get paid for lousy performance. I've said that for a long time. If you work hard and you do good, you get paid well.
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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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We have an energy policy - we're transferring our wealth to overseas to a bunch of countries that don't have the same values as us. In some cases, they're using our money to finance terrorism against us.
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We have reduced poverty in the world by 50% since the year 1970 - the number of people who go to bed hungry, the number of people that have to sleep without a roof over their heads, the number of people that are illiterate.The world is better.
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We've shown the world that New York can never be defeated, because of its dynamic and diverse population and because it embodies the spirit of enterprise and the love of liberty. And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you.
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Leading from the front: It's what built America. But these days, the federal government isn't at the front - it's cowering in the back corner of the room, ducking responsibility and hoping no one notices.
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If you can't prove it's not true then a certain number of people will glom on and say it is true.
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