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.

With Napster and the sharing of music, of course, there are going to be people who exploit it. Greed has no end. But there's a lot of good that could happen. We shouldn't let the economic concerns of the major labels infringe on our freedom to share music.