Politics

SKOUSEN: Judge Judy Endorses Mike Bloomberg for President

Until this week, popular TV host Judge Judy has “carefully stayed away from politics.” Now, she has come out in favor of former New York City Mayor Michael Bloomberg running against President Trump.

She says that Bloomberg is “an independent, tough-minded businessman, he represents our best chance to bring America together again and begin the long national process of healing.”

According to Judge Judy, he is also “a pragmatist, a man who has shown time and again that he knows how to get things done and cares more about results than ideology. That’s a skill in short supply these days, on both sides.”

She rightly complains about the current group of Democrats running for president who are trying to outdo “each other with pie-in-the-sky proposals for free money and free education. Everybody gets a thousand dollars. Everybody gets free college tuition. Everybody gets, everybody gets, but where does all this getting come from?”

Howard Schultz, the former CEO of Starbucks, added, “How are we paying for all this and not bankrupting the country?”

Judge Judy chose the wrong man to endorse. Bloomberg was a terrible mayor of New York City. When he took office as a Republican, he pushed through the largest tax increase in New York City’s history. He was famous for his “Big Brother” orders to ban smoking, even in bars, and ban super-sized soda drinks. He is notorious for wanting to overturn the Second Amendment’s right to own guns. How is that unifying?

Under Mayor Bloomberg, New York held the record for having the highest number of homeless residents since the Great Depression. And did he do anything to improve the roads, bridges, airports and infrastructure during his 12-year tenure? In fact, traffic and potholes only got worse under his leadership. Not to mention the filthy and horribly maintained public toilets in the city.

He was famous for allowing the New York Police Department (NYPD) to impose the “stop and frisk” policy. This denied citizens, especially minorities, their basic rights and many young people were arrested for merely smoking marijuana.

A journalist who used to work for the mayor has called Bloomberg “imperious, arrogant, disregards criticism, and is out of touch with the lives of ordinary New Yorkers.”

How is this independent billionaire businessman supposed to be different from the current President?

Judge Judy should have kept her own counsel and stayed out of politics.

Mark Skousen

Mark Skousen, Ph. D., is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, Rollins College, and is a Presidential Fellow at Chapman University. He also has been a consultant to IBM, Hutchinson Technology, and other Fortune 500 companies. Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a popular award-winning investment newsletter. He also is editor of four trading services, Skousen TNT Trader, Skousen Five Star Trader, Skousen Home Run Trader, and Skousen Fast Money Alert. He is a former analyst for the Central Intelligence Agency, a columnist to Forbes magazine (1997-2001), and past president of the Foundation for Economic Education (FEE) in New York. He has written articles for The Wall Street Journal, Liberty, Reason, Human Events, the Daily Caller, Christian Science Monitor, and The Journal of Economic Perspectives. He has appeared on ABC News, CNBC Power Lunch, CNN, Fox News, and C-SPAN Book TV. In 2008-09, he was a regular contributor to Larry Kudlow & Co. on CNBC. His economic bestsellers include “Economics on Trial” (Irwin, 1991), “Puzzles and Paradoxes on Economics” (Edward Elgar, 1997), “The Making of Modern Economics” (M. E. Sharpe, 2001, 2009), “The Big Three in Economics” (M. E. Sharpe, 2007), “EconoPower” (Wiley, 2008), and “Economic Logic” (2000, 2010). In 2009, “The Making of Modern Economics” won the Choice Book Award for Outstanding Academic Title. His financial bestsellers include “The Complete Guide to Financial Privacy” (Simon & Schuster, 1983), “High Finance on a Low Budget” (Bantam, 1981), co-authored with his wife Jo Ann, “Scrooge Investing” (Little Brown, 1995; McGraw Hill, 1999), and “Investing in One Lesson” (Regnery, 2007). In honor of his work in economics, finance, and management, Grantham University renamed its business school “The Mark Skousen School of Business.” Dr. Skousen has lived in eight nations, and has traveled and lectured throughout the United States and 70 countries. He grew up in Portland, Ore. He and his wife, Jo Ann, and five children have lived in Washington, D.C.; Nassau, the Bahamas; London, England; Orlando, Fla.; and New York. For more information about Mark’s services, go to http://www.markskousen.com/