Michael Bloomberg

The public is upset. If they haven't lost their job, they know somebody that has. If they haven't lost their house, they know somebody that has. What do you do? When something's wrong, it's government's job to fix it, it must be government that's responsible for causing it.

And if I were the president, I'd go out there and I'd emphasize the things I have done, and I'd say, 'Some things haven't worked, and I'm sorry about that, but I keep trying.' And I'm - and I think the president is a very viable candidate, and you're going to have a real horse race here no matter who the Republican nominee is.

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true.