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Billionaire Boys Club: Bloomberg Produces $1 B. Out of Thin Air For City Infrastructure

Remember shovel ready projects? Thought they were so 2009? Well, you’d be wrong, at least here in New York, where Mayor Bloomberg, Council Speaker Christine Quinn and the ever financially creative City Comptroller John Liu have done some juggling with the city’s capital construction program to fast track $1 billion worth of infrastructure work. These projects will begin in the coming months, rather than in the coming years. Let’s hear it for putting people to work. Read More