The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (

TheStreet

) -- New York City Mayor Michael Bloomberg last week made comments about the prospects for riots in New York City and elsewhere, saying that unemployment and poverty could spark civil unrest.

Furthermore, Mayor Bloomberg suggested that President Obama's soon-to-be-submitted jobs plan could open a debate on the national level about how to address unemployment. "At least he's got some ideas on the table, whether you like those or not," Mayor Bloomberg said.

So if Republicans don't roll over in the House of Representatives, it will somehow be their fault if crazies run up and down Fifth Avenue, smashing windows and torching cars?

Instead, Mayor Bloomberg should be crystal clear about what will happen if there is rioting.

Following is the kind of speech he should give immediately to help prevent a catastrophe in New York:

"Fellow New Yorkers, I am New York City Mayor Michael Bloomberg, and Iam speaking to you from City Hall. I recently made some comments about the potential for riots, but I need to clarify those comments.

"We simply cannot allow riots to happen, for any reason. So here is my position on how the city will deal with riots or threats of riots: "New Yorkers are allowed -- just as all Americans are allowed -- to engage in political speech. People can write letters to the editor, publish blogs, comment on social sites and rent sports stadiums where they can chant at the top of their lungs and wave anyflags they want. They can even burn those flags on their own property, or on property that they have rented. "However, political speech does not extend to disturbing the peace in our civil society. What do I mean by this? I mean that private property is sacred, and its protection is the only true legitimate function of government to pursue. Without defense of private property, no civil society can prosper or even survive. "As a result, I am hereby promulgating that I will adopt the same policy that San Francisco Mayor Eugene Schmitz proclaimed on April 18, 1906, in the aftermath of the great earthquake: "'The Federal Troops, the members of the Regular Police Force and all Special Police Officers have been authorized by me to KILL any and all personsfound engaged in Looting or in the Commission of Any Other Crime.' emphasis in the original "What does this mean in New York City now in 2011 and as long as I am mayor? It means that there is now a standing order for the police to crack down on any looting using any means necessary. "The police are now ordered to shoot all rioters and looters on sight if they are seen to be destroying private property in any material or organized way. This includes the willful destruction of buildings -- including shop windows and residential buildings -- and cars. Rioters and looters also will be shot on sight if they assault innocent nonparticipating civilians or law enforcement personnel. "To be perfectly clear: If you riot or loot in New York City, you may be shot on the spot by New York City police officers. You will get killed, unless you get lucky. You will not be providedany warning, other than this proclamation. The police may try to aim for your legs or disable you in some other manner, but don't count on it. If you are seen to loot or riot in New York City, any police officer who sees you has orders to shoot you with lethal bullets. "Some of you may ask whether my order will lead to the possibility of someone innocent being shot and killed. My answer is that it is indeed possible for this to happen. Any such collateral damage will be deeply regretted, but you also need to consider the effect on some innocent people if riots are allowed to happen. Innocent people can get killed then, too, and their property can be destroyed by the criminals. I believe that this new policy will minimize the damage suffered by innocent, law-abiding citizens. "In the 62 years following San Francisco Mayor Eugene Schmitz's 1906 order to shoot the looters on sight, San Francisco was an extremely peaceful town. The memories from law enforcement having shot an estimated 500 looters on the first day alone lived for threegenerations. The people of San Francisco supported it, and they were able to live in a peaceful city for the rest of their lives. "It is important to understand the damage to the New York City economy if riots are allowed to happen. Business investment will not happen where the defense of private property is anything else than the strongest possible. The unemployment we are seeking to avoid wouldworsen dramatically if riots were allowed to happen. For this reason, we will therefore do everything in our power to stop the riots with the harshest means possible, as soon as possible. "It has been suggested to me that there will be political opposition to my decision to order the police to shoot all rioters on sight. "In particular, President Obama was in his previous career a so-called 'community organizer.' Some people suggest that this job of his was nothing less than being a professional rioter, or at least someone whose job it was to stoke the flames of the kind of civil unrest thatI have now decided to crack down upon with all means necessary. "To this I respond: I don't care what you call yourself. We in the City of New York will not accept soft-soapy euphemisms such as 'community organizer' in defending or in any way legitimizing the concept of rioting. If you want to engage in peaceful politicalprotest, I suggest you rent a sports arena and wave your flags there. "But if you engage in rioting while labeling it 'community organizing' on the streets of New York City, you will be met immediately by lethal bullets from New York City's finest police officers. "Furthermore, rioting is a form of terrorism against private property. Is there any doubt that we would use bullets to defend ourselves against an al Qaeda operation in progress? "Property rights grievances should be resolved peacefully in the courts, and political grievances should be resolved peacefully at the ballot box. There is no room in a civil society, however, to resolve these or any other issues by smashing windows or torching cars. "With this order now having been fully and clearly proclaimed to the people of New York City, we will be posting it prominently in the subway, on bus stops and other suitable public settings, including the airports, tunnels leading into the city, on incoming Amtrak trains,and on displays on the bridges going into Manhattan. The full order is in effect immediately. "My fellow New Yorkers: You can now invest and engage in commerce withthe long term in mind, creating jobs without the risk of your property being destroyed or taken away from you. The business of America is business. God bless New York City and all of us who live here in peace. Thank you, and good night."