Then there was No Evidence Past Wage Hikes Changed Economy: Ratner, in which Ratner defended an increase in the minimum wage--"why should I subsidize Wal-Mart workers?" with federal support--and backed New York City Mayor Bill de Blasio's effort to increase taxes on the rich to pay for pre-K, noting that Mayors Rudy Giuliani and David Dinkins raised taxes more for new cops.
But the really choice excerpt was Wasn’t Easy, But Bernanke Saved the Economy: Ratner, in which the developer discussed national policy and declared interest rates "the most critical aspect of real estate."
"We look at it very carefully and when we think it is very low, we will very often refinance something and lock it in. It's critical," Ratner declared.