|Mayor de Blasio Appoints Goldman Sachs to Run NYC Finances|
|by Tom McGregor||Sun, Dec 29, 2013, 08:43 PM|
New York Mayor Bill de Blasio, a Democrat, was elected into office as Communist-leaning politician, but he's showing signs of becoming a 'Lexus Liberal,' as he appointed a Goldman Sachs executive to take charge of the City's municipal finances.
The Daily Telegraph of London reports that, "In a sign of the national focus on the new mayor, it was announced on Saturday night that Mr de Blasio will be sworn in by Bill Clinton, the former president, accompanied by his wife Hillary, the early frontrunner for the party’s 2016 stakes."
Mayor De Blasio has pledged to raise taxes on the rich to 'Share the Wealth.'
According to the Telegraph, "In another appointment that has balanced pragmatism with populism, Mr de Blasio named a Goldman Sachs executive to a key position overseeing the financial services industry."
Nevertheless, some critics of Mayor De Blasio contend that putting Goldman Sachs in charge of the City's finances is just like putting a wolf in charge of the hen house.
To read the entire article from the Daily Telegraph of London, link here:
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