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New York, NY - Mayor Bloomberg To Spend $1 Billion To Run For President.

Published on: May 14, 2007 11:59 PM
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New York, NY - New York City Mayor Michael Bloomberg is prepared to spend an unprecedented $1 billion of his own $5.8 billion personal fortune for a third-party presidential campaign, Ralph Z. Hallow will report Tuesday in The Washington Times.

“He has set aside $1 billion to go for it,” a long-time business adviser to Mr. Bloomberg tells The Times. “The thinking about where it will come from and do we have it is over, and the answer is yes, we can do it.”

The $1 billion would represent about one-fifth of Mr. Bloomberg’s personal fortune.
“Mike has been meeting with Ross Perot’s most senior people about how they did an independent run in 1992,” the Bloomberg business adviser said.

Republicans tell The Times that they are taking the Bloomberg threat seriously, while the mayor’s associates say they are fielding calls from staffers for Republican Sen. John McCain’s 2008 presidential campaign, which the Bloomberg adviser compared to “a biplane on fire and spiraling down.” [Washingtontimes]

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Read Comments (3)  —  Post Yours »


 May 15, 2007 at 02:18 AM Anonymous Says:

1 billion!!! he wont win and all the money down the drain!!!! let him give to tzedakah, he can do more good. imagine if he c"v wins he will make congestion prices in the whole america and raise ticets in the whole america. he will not get my vote!! go rudy go!!! a jew will never win president


 May 15, 2007 at 01:40 AM Mark Levin is The Great One Says:

wonderful another lib dressed in royal clothing.


 May 14, 2007 at 10:48 PM Anonymous Says:

the Washington times isowned by the Moonies and is not allways reliable


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