Bloomberg Poised for Third Party Campaign
Written by Sam on May 15th, 2007New York Mayor Michael R. Bloomberg is prepared to spend an unprecedented $1 billion of his own $5.5 billion personal fortune for a third-party presidential campaign, personal friends of the mayor tell The Washington Times.
“He has set aside $1 billion to go for it,” confided a long-time business adviser to the Republican mayor. “The thinking about where it will come from and do we have it is over, and the answer is yes, we can do it.”
Another personal friend and fellow Republican said in recent days that Mr. Bloomberg, who is a social liberal and fiscal conservative, has “lowered the bar” and upped the ante for a final decision on making a run.
Any thoughts on how a Bloomberg candidacy would effect the Presidential race? He was a life long Democrat until five years ago when he ran for mayor, switching parties to avoid a crowded Democratic primary. Would he hurt the Dems more or the GOP more in the general election?
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Bloomberg causes problems for both. Too many people are sick with the two party system and Bloomberg bridges the divide somewhat nicely with a lot of money.
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I think this would be $1 billion down the hole, he has zero chance of winning. Some very greedy political consultants have his ear right now, we’ll see if he snaps out of it.