Mayor Bloomberg should stop penning op-eds, stop diverting resources from disaster recovery, and stop setting himself up to preen for the cameras at the finish line.
If you have a situation where the rich are fully satisfied with their portfolios, and these are insured against depreciation and disaster, then the rich will stop spending.
He will also win points this week for visiting the victims of the Queensland floods, after his stop in New Zealand to meet residents hit by the Pike River Mine disaster and the Christchurch earthquake.