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President Mike? (Bloomberg to Declare Candidacy for Presdient Feb. 5)
Forbes Magazine ^ | 12/15/07 | David A. Andelman

Posted on 12/19/2007 8:32:40 AM PST by Reaganesque

Look out, Hillary and Barack, here comes Mike. No, not Mike Huckabee (though he'd better watch out, too). Mike Bloomberg--Mayor Mike as millions of New Yorkers more or less affectionately call him.

And this time it is for real. Folks close to New York City's twice-elected mayor suggest that he's made up his mind to end one of the city's long-running rumors and become an Independent candidate for president.

The date of his announcement? Pencilled in for right after Super Tuesday--Feb. 5. By then Bloomberg would have a pretty good idea of just who would be lining up against his third-party, self-financed billion-dollar campaign.

So far Bloomberg's pseudo-candidacy has consisted of just a lot of dodging and faking. He told Dan Rather, quite definitively it sounded, a couple of months ago, that there was no way he'd toss his Yankees' (or Red Sox) cap in the ring. And he's been nothing but coy since--rather as he was before he announced he was running for mayor.

But now, having been traveling around America raising his national profile for some months, he's off on a world tour, doing the same for his international one. He's been in China, lecturing his hosts and anyone who will listen on the value of removing barriers to information flow and curbing piracy, and in Bali for the U.N. climate change conference.

One big Bloomberg supporter I met at a recent breakfast makes a credible case for a Bloomberg run at the presidency. First, the media-mogul-turned-mayor is prepared to spend up to 20% of his wealth financing an Independent campaign. He is ranked No. 25 on Forbes latest list of richest Americans, with a fortune estimated at $11.5 billion.

Second, as host of other Bloomberg supporters I've talked to agree, his money and his mind make a formidable combination--and a formidable candidate, especially if the two main parties pick candidates that are unappealing to centrist voters or seen to be heavily dependent on particular party constituencies.

Full disclosure. I worked for Bloomberg for nearly five years at Bloomberg News. He was a tough, no-compromise, unbending, inflexible individual. He built Bloomberg L.P. from five people in a room with an idea into a worldwide media enterprise by pure force of will and seed capital from his Wall Street severance, plus a venture capital cash infusion from Merrill Lynch. You don't do that by being a wimp.

A guy who'd spent his whole life dictating to others how they should operate, banning unions, refusing to negotiate, compromise or give way once his mind was made up should have made a catastrophic mayor of America's most diverse and union-driven city. But Mayor Mike has learned the delicate art of compromise. He's learned to deal with unions. He understands the needs and wants and desires of the little people who voted him into office.

In short, from an entrepreneur, he's become a politician. What's different is that he became one without all the baggage that usually accompanies such a transformation.

Some of it has to do with his wealth. Bloomberg won't have to kowtow to special interests--no lobbyists bearing fat PAC contributions, no sponsors of political fund-raisers, no corporate interests.

In fact, he's always been that way pretty much. I recall a story from his days at Bloomberg L.P. when his assistant came in and said that Bill Gates (yes, that Bill Gates) was going to be in New York in a couple of days and wanted to come see him. Not possible, said Mike. His daughter was going to be in a horse show at Madison Square Garden. Bill Gates would have to reschedule.

Whether this is all enough to take Bloomberg to the White House is very much open to question. There are a host of downsides to an Independent candidate--and potentially even more to an Independent president. He might be able to pick a meritocratic bipartisan cabinet, but equally he would have no base of support--especially when dealing with Congress. A new coalition would have to be assembled for every initiative, every Supreme Court nominee, every ambassador.

These are uncharted waters. America never had a successful Independent candidate for president--and except for Teddy Roosevelt's quixotic bid back in 1912, not even one who came close. These issues have never been seriously explored. With Americans showing ever more disenchantment with two-party hegemony, they should be. The outcome of next fall's presidential race may depend on them.

A Bloomberg presidency still remains a long shot. He is rich and astute enough to shorten the odds and hard-nosed enough to try to beat them. But will it be President Mike or Hamlet on the Hudson?


TOPICS: Politics/Elections
KEYWORDS: 2008; bloomberg; candidate; declare; president; thirdparty
The plot thickens. Well, a little anyway. I doubt anyone would get terribly excited about Mike Bloomberg but, he could siphon off votes from either party's candidate. The question is, which party would it hurt the most? I'm thinking the Dems but, you never know.
1 posted on 12/19/2007 8:32:43 AM PST by Reaganesque
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To: Reaganesque

Run Mike Run!


2 posted on 12/19/2007 8:33:57 AM PST by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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To: Reaganesque
It's about time the Demagogues met their own Ross Perot.
3 posted on 12/19/2007 8:34:11 AM PST by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: Reaganesque

Bloomberg should not even be allowed to run for dog catcher. He is one of the most disgusting statists currently holding office in the US.


4 posted on 12/19/2007 8:34:41 AM PST by mysterio
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To: Reaganesque
I was waiting to pick a candidate based on one of two events.

1) Who does Madonna endorse
2) Will a Mike Bloomberg run for President.

< /mega thick sarcasm >

5 posted on 12/19/2007 8:35:01 AM PST by lormand (Ron Paul 08' - Koalition of Kooks)
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To: Reaganesque

No one’s going for this jerk. He’s an egomaniac who burned his bridges to both parties. I hope he does run, just to seem him waste a ton of money then be humiliated. Bring on the popcorn, cause this is going to be like watching a train wreck.


6 posted on 12/19/2007 8:35:15 AM PST by RKV (He who has the guns makes the rules)
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To: Reaganesque
Some informative links on this thread....

Fmr. Bloomberg Adviser: '08 Run '80% Probable' if Parties Nominate Extremists (Romney an extremist?)

Run, Bloomie, run!!

Bwah hah hah hah hah....

7 posted on 12/19/2007 8:35:20 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: Reaganesque

I say good. Let Bloomberg, Nadar and Ron Paul run as independents. If we don’t put up a RINO then we should win.


8 posted on 12/19/2007 8:35:53 AM PST by Greg F (Duncan Hunter is a good man.)
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To: Reaganesque

This could turn New York into a Red state if he splits the vote with the Democrat nominee - Weee!


9 posted on 12/19/2007 8:36:08 AM PST by Squidpup ("Fight the Good Fight")
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To: RKV
Well, the 'Rats and Bloomie can split the open borders vote.

As long as the GOP doesn't run a RINO...

10 posted on 12/19/2007 8:36:14 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: Reaganesque
The question is, which party would it hurt the most? I'm thinking the Dems but, you never know.

He will almost certainly pull more country club repub votes than he will dem votes.
11 posted on 12/19/2007 8:36:28 AM PST by mysterio
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To: Reaganesque
Wealthy, egotistical screwball.


Welcome aboard ... lol

12 posted on 12/19/2007 8:37:31 AM PST by G.Mason (And what is intelligence if not the craft of out-thinking our adversaries?)
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To: Incorrigible

Yeah, run to another country.


13 posted on 12/19/2007 8:37:52 AM PST by wastedyears ("I prefer dangerous freedom over peaceful slavery." - Thomas Jefferson)
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To: Reaganesque

Bloomberg? I’d vote for a Democrat first.

Yes, if all the GOP candidates died in a plane crash, I’d take the Dem candidate over Nurse Bloomberg.


14 posted on 12/19/2007 8:39:19 AM PST by NeoCaveman ("The most expensive thing we pay for is ignorance" - El Rushbo)
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To: lormand

1) Who does Madonna endorse
2) Will a Mike Bloomberg run for President.

< /mega thick sarcasm >

Actually, Madonna endorses Hillary. I wonder if Madonna will mail in an absentee ballot for her? (Barf and double barf)


15 posted on 12/19/2007 8:40:15 AM PST by LottieDah (Democrats and liberals, they never fail to disappoint.)
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To: Reaganesque

He will siphon from both parties. The GOP just needs him to take slightly more from the Dems.


16 posted on 12/19/2007 8:41:20 AM PST by 1Old Pro
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To: Reaganesque
This is the only way a Clinton can ever win an election....siphoning off potential Republican voters....and there's enough Christophobic liberal Republicans that would be terrified of a Mike Huckabee Presidency that they'd give several swing States to Clinton.

No, I'm not a Huckabee supporter. Just stating what'll probably happen.

17 posted on 12/19/2007 8:41:36 AM PST by MuttTheHoople
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To: lormand
Maybe we should ask Spider Pig who he thinks we should vote for...


18 posted on 12/19/2007 8:41:49 AM PST by Reaganesque (Charter Member of the Romney FR Resistance)
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To: Reaganesque
I thought there was some polling that Bloomberg would siphon votes away from Hillary by pulling off those (rare) blue-state Dems who are not Bolsheviks. Not to mention a lot of Wall Street money. The idea was Bloomberg actually puts New Jersey into play. Romney as the (R) plus Bloomberg as an (I) could be interesting. It would be nice to see the Dems with their own Perot!

I doubt Bloomberg will make any difference in Ohio.

19 posted on 12/19/2007 8:42:53 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Reaganesque

that’s it. for everyone who said that hunter can’t beat the dem nominee, now for sure he can. we definately need a strong conservative to counter these two socialists.


20 posted on 12/19/2007 8:43:45 AM PST by absolootezer0 (white male christian hetero married gun toting SUV driving motorcycle riding conservative smoker)
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To: Reaganesque
Let's see. The liberal anti-gun, pro-abortion, pro-gay marriage mayor of New York wants to be President and you want to know from whom he will siphon votes? I don't really know for sure but I don't think many of my Georgia neighbors will be rushing to jump on his bandwagon.
21 posted on 12/19/2007 8:44:15 AM PST by mort56
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To: Reaganesque
Bloomberg whole message is ‘anti-war’ (fill in appropriate explicative).

With Iraq is going better, Bloomberg platform is crumbling faster then the main stream media can stop talking about Iraq.

Bloomberg will be a cross between Ron Paul (nut case), and Romney (numbers are distorted by $$).

22 posted on 12/19/2007 8:45:04 AM PST by FreedomProtector
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To: MuttTheHoople
This is the only way a Clinton can ever win an election....siphoning off potential Republican voters...

You do realize that Bloomberg was a life-long far-Left Democrat who only became a RINO to run for mayor of NYC because the line was shorter?

23 posted on 12/19/2007 8:45:54 AM PST by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: Reaganesque

If this is true,look for the Clinton Machine to throw some mud Bloomberg’s way.Her Highness cannot afford to lose votes to anyone


24 posted on 12/19/2007 8:47:44 AM PST by GQuagmire (Giggety,Giggety,Giggety)
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To: mysterio

Except that he doesn’t hold a single position that could conceivably appeal to even the squishiest country club RINO. The guy makes Rudy Giuliani look like Duncan Hunter.

The little Muppet could spend a billion dollars and have no impact on a national race either way. Republicans won’t go anywhere near him. And Democrats only vote for Democrats.


25 posted on 12/19/2007 8:47:54 AM PST by WhistlingPastTheGraveyard ("and alllll the children are insane")
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To: Reaganesque

The latest Guns magazine points out that Baltimore’s mayor met with Bloomberg (an a$$hat with arms) recently to discuss her own suits against gun manufacturers.
He doesn’t have enough sense to pound sand in a rat-hole.


26 posted on 12/19/2007 8:48:45 AM PST by tumblindice (New York City Republican=DemocRat)
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To: Reaganesque

You’d think that there was enough northeast liberals in this election cycles already


27 posted on 12/19/2007 8:49:01 AM PST by FreedomProtector
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To: Reaganesque

Not good news at all.


28 posted on 12/19/2007 8:49:27 AM PST by commonguymd (Move it to the right -Vote for Fred!)
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To: Greg F

Nader, too, you think? Ain’t he too tired?


29 posted on 12/19/2007 8:50:52 AM PST by flowerplough (Ron Paul on War: "War is bad, mmm-kay. If you do war, you're bad. Mmm-kay?")
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To: WhistlingPastTheGraveyard

The dems want to win badly, and are motivated. No way many of them split off from the main candidate, who will be extreme enough to satisfy most of the Dem socialists. That leaves independents and country clubbers to make up Bloomberg’s constituency. So while I don’t think the statist authoritarian Bloomberg will pull more than 2 or 3 percent, that 2 or 3 percent will come from the right.


30 posted on 12/19/2007 8:50:54 AM PST by mysterio
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To: Reaganesque

Obama/Bloomberg ‘08


31 posted on 12/19/2007 8:51:08 AM PST by LetsRok
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To: Reaganesque
If this guy runs, then thank goodness I have Tivo to zip past the gazillion commercials he’ll probably run. I hope he goes bankrupt...
32 posted on 12/19/2007 8:51:20 AM PST by LRS (It's time to put Hillary on the 3:10 to Yuma...)
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To: Reaganesque

Besides his mom, who would vote for Bloomberg?

There’s plenty of commies in the race already.


33 posted on 12/19/2007 8:52:31 AM PST by the gillman@blacklagoon.com (And close the damned borders!)
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To: mewzilla
Bloomberg: Illegal immigrants help golfers

Snort.

34 posted on 12/19/2007 8:52:55 AM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: Reaganesque

The NY sun has an interesting article today on Bloomberg:

http://www.nysun.com/article/68363


35 posted on 12/19/2007 8:52:56 AM PST by khnyny (Although prepared for martyrdom, I preferred that it be postponed. Winston Churchill)
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To: Reaganesque

If he’s so smart, why’s he making this mistake (running and an independent)? Why not declare as a Dem and knock-off the dwarfs?


36 posted on 12/19/2007 8:53:11 AM PST by budwiesest (Join a milita, screw all their plans.)
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To: absolootezer0

You are right about Hunter. With a RINO in Bloomberg and a Socialist pretending to be a moderate Dem in Hillary, a strong conservative should win.


37 posted on 12/19/2007 8:55:07 AM PST by Greg F (Duncan Hunter is a good man.)
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To: Reaganesque

38 posted on 12/19/2007 8:57:02 AM PST by The Mayor ( A man's heart plans his way, but the Lord directs his steps.—Proverbs 16:9)
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To: Reaganesque

His ego is larger than his net worth.


39 posted on 12/19/2007 9:18:03 AM PST by Sig Sauer P220
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To: mysterio
He will almost certainly pull more country club repub votes than he will dem votes.

For some reason, FReepers refuse to face this reality. Ras has polled on it several times. Each time, Bloomie took primarily from the GOP and gave the election to Hillary.

It's 1992 all over again. Bloomie is Clinton's Perot. People here are deluding themselves, just like they did last fall when they insisted the polls were all BS.

40 posted on 12/19/2007 9:32:58 AM PST by freespirited (Still a proud member of the Stupid Party. It beats the Evil Party any day of the week.)
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To: freespirited

Well said. I’ve thought the same thing ever since hearing the first rumblings of this. He won’t run a national campaign. All of his money and time will be focused on those key states where he can pull those couple of percentage points away from the (R) to insure the Democrat (Hillary) wins the state.


41 posted on 12/19/2007 9:46:52 AM PST by Chipper
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To: Incorrigible

The question is, would Bloomberg draw off more potential Dem voters or GOP voters? I personally think he would get more potential Democrat voters.


42 posted on 12/19/2007 9:55:34 AM PST by Bobkk47
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To: Bobkk47

I think the answer is, WE REALLY DON’T KNOW YET BECAUSE IT DEPENDS ON WHO THE G.O.P. AND DEM NOMINEES WILL BE.

There are a number of scenarios where a Bloomberg candidacy could help - or hurt - the GOP candidate depending on who is nominated. He is a social liberal and fiscal conservative (relatively speaking for New York) - much like Rudy - and draw his support from country-club, Rockefeller Republicans, soccer moms who like the Nanny State, and more moderate, fiscally responsible Democrats (the few that are left)

As to who that helps or hurts, it is very much in question..I am sure someone here with more time can do a quick early analysis of who he might help or hurt based upon the prospective major party Presidential nominees...


43 posted on 12/19/2007 10:15:53 AM PST by larlaw
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To: Reaganesque

The JUSTICE DEPT NEEDS TO CHARGE HIM WITH HIS CRIMES involving his undercover illegal sting on gunstores. DO IT NOW.


44 posted on 12/19/2007 5:39:07 PM PST by therut
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To: Reaganesque
I doubt anyone would get terribly excited about Mike Bloomberg

What about all these people telling us we should vote for Mitt because he is such a great businessman? Given that Bloomberg could buy out Romney lock, stock, and barrel with about 4 months of his annual earnings, maybe they will switch their votes. Clearly, he is a much better businessman than Romney.

45 posted on 12/19/2007 5:53:59 PM PST by CommerceComet
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To: mysterio

I fear this too. Sickening bastard just might do it, too.


46 posted on 12/19/2007 5:55:56 PM PST by RockinRight (Fred Thompson spells gravitas B-A-L-L-S-O-F-S-T-E-E-L.)
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To: Reaganesque

I would think the dems. I know he is supposedly republican,but I see him taking votes away from liberals. In my wildest dreams I can’t see Bloomberg doing a thing in the south, except for liberals.


47 posted on 12/19/2007 6:03:51 PM PST by libbylu (I am voting for the prettiest.)
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To: mysterio

Maybe in NY, but not in the South, between guns and taxes.


48 posted on 12/19/2007 6:09:08 PM PST by libbylu (I am voting for the prettiest.)
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To: Reaganesque

Yeah, this race wasn’t already complex and unpredictable enough...

/s


49 posted on 12/19/2007 8:56:25 PM PST by ellery (I don't remember a constitutional amendment that gives you the right not to be identified-R.Giuliani)
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To: mysterio
naw. he has exactly zero appeal outside of the 5 boroughs. and the people who like him here don't vote or would already vote democrat.

the pubbies will never win NYS so who cares what this idiot does? let him run.

50 posted on 12/19/2007 8:59:44 PM PST by thefactor
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