The answer to that headline is not much if the billionaire in question is New York Mayor Michael Bloomberg.
At a press conference held in conjunction with the Conde Nast Celebrates Editorial Excellence: Toast To Editors, Writers And Contributors event, Bloomberg said that our interpretation of the Constitution must change "to allow for greater security" to stave off events like the Boston Marathon bombing.
From the Observer.com's Politicker column:
“The people who are worried about privacy have a legitimate worry,” Mr. Bloomberg said during a press conference in Midtown. “But we live in a complex word where you’re going to have to have a level of security greater than you did back in the olden days, if you will. And our laws and our interpretation of the Constitution, I think, have to change.”I, for one, prefer the "olden days" before we had America's scold and nanny as mayor of New York City.
Never one to miss a chance to push gun control and show his disdain for the Second Amendment, he had to add comments about guns.
The mayor pointed to the gun debate and noted the courts have allowed for increasingly stringent regulations in response to ever-more powerful weapons.I know some of the wealthy are somewhat arrogant just like many politicians are arrogant. However, when you cross extremely wealthy with politician you get a special kind of arrogance and Mike Bloomberg is the epitome of it.
“Clearly the Supreme Court has recognized that you have to have different interpretations of the Second Amendment and what it applies to and reasonable gun laws … Here we’re going to to have to live with reasonable levels of security,” he said, pointing to the use of magnetometers to catch weapons in city schools.
“It really says something bad about us that we have to do it. But our obligation first and foremost is to keep our kids safe in the schools; first and foremost, to keep you safe if you go to a sporting event; first and foremost is to keep you safe if you walk down the streets or go into our parks,” he said. “We cannot let the terrorists put us in a situation where we can’t do those things. And the ways to do that is to provide what we think is an appropriate level of protection.”