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Jessica Ramos: “Former Mayor Bloomberg decided that he was going to inflate…”

Featuring: Jessica Ramos, Democratic | New York State Senate, District 13

Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis

Published November 1, 2021 | Video Starts at 13:58

Okay, so, so Bloomberg, you have to understand, the city of New York can't levy taxes. So in order to generate revenue for the city, Former Mayor Bloomberg decided that he was going to inflate the price of the medallions, market them in the city as a better investment than the stock market. And I quote, by the way, that's what the ad said. And of course, a lot of our immigrant dads and uncles decided that this was a really smart investment. (13:58–14:10)

CLAIM

Asserts that former Mayor Bloomberg inflated medallion prices and marketed them as better investments than the stock market.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Jessica Ramos

“Before the pandemic, the statistic was that a New Yorker died on a construction site every five days.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 10:05-10:13
“Wage theft, of course, is something that also runs rampant in New York State to the tune of a billion dollars before the pandemic.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 10:47-10:57
“Nine people took their own lives because they just couldn't understand, you know, couldn't figure out how to provide for their families in…”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 15:20-15:33
“I represent District 13 in the New York State Senate.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 05:22-05:26
“We're just so proud to be the most diverse district in the entire country, perhaps the world.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 05:43-05:51
“We speak more than 200 languages here.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 05:50-05:54
“We tried to pass a Corona presumption bill that assumed that people contracted Covid on the job, and we weren't successful.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 11:40-11:49
“We were successful passing the HERO act to make sure that employers are providing PPE and, you know, appropriate protections.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 11:48-11:58
“Uber and Lyft enter the market completely unchecked, not regulated.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 14:31-14:38
“There wasn't a cap for how many Uber and Lyft drivers could be out there.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 14:37-14:42
“The yellow cab industry didn't really have the exclusive right to for street hails and didn't have the ability for ehails.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 14:42-14:52
“It was the fault of the city of New York.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 15:35-15:38
“I represent the largest number of TLC licensees in the city of New York.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 16:14-16:20
“We crafted a bill that says that New York City should act as a backstop guarantee to restructuring the loans for these taxi drivers.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 16:44-16:55
“The payments for their loans are like 2, 3, 4 grand.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 16:55-17:00
“We want to get those payments down to a manageable number underneath $1,000.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 17:18-17:24
“It takes Zoran and so many taxi drivers to be on hunger strike now, well over 10 days, and yet the mayor has not moved the muscle.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 18:52-19:05
“Have the mayor support a backstop. Support a backstop on restructuring the loans.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 20:41-20:50
“Ignoring those budget cuts to our health system is what led us to a very dangerous situation during the pandemic.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 22:14-22:26
“We need more hospital beds.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 22:31-22:34
“We need everyone to have access to guaranteed high quality health care.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 22:33-22:40
“We need to pass the New York Health Act.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 23:04-23:08
“A key part of all of this is mental health care going unaddressed.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 23:20-23:27
“Elmhurst Hospital is getting more funding over the next few years.”
Muslim Community Corner: Conversation with Senator Jessica Ramos on Labor Issues and Taxi Medallion Crisis | Uploaded November 1, 2021 | 24:25-24:29