Gauging Michael Bloomberg's Chances

 

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Thursday, June 21, 2007 - 7:30pm

Gauging Michael Bloomberg's Chances

If ever there was a time for an independent bid for the president, it is now.  Both the Democrats and Republicans have screwed up this country so badly that we are collectively begging for an alternative.  In step billionaire Michael Bloomberg.  Unlike the train wreck candidacies of Ross Perot and Steve Forbes, this candidate has a legitimate chance to win the presidency.

 

Michael Bloomberg's current position is the Mayor of New York City, but he is more widely known for creating the financial software company that bears his name.  He founded Bloomberg L.P., the largest financial news and data company in the world.  His famous Bloomberg Terminals can be found in thousands of investment firms around the world.  The company now has 9,400 employees and reported $4.7 billion in revenue in 2006.  His success has allowed him to donate hundreds of millions of dollars every year to many different organizations.

 

The other candidates in this race are very accomplished, but none of them hold a candle to what Michael Bloomberg has done in his career.  Bloomberg has carried his success over to his job as mayor of New York. He has reduced crime, stabilized the city's finances, and pushed for gun control.

 

Aside from Bloomberg's accomplishments, his biggest appeal is that he is not a Democrat or Republican.  As an Independent candidate spending his own money, he will not be influenced by interest groups who funnel cash to politicians.  That is a huge deal.  All the other candidates are bought and paid for by the unions, the NRA, environmental groups, and others.

 

In 1992, Ross Perot received an astounding 19% of the vote, despite having no political experience and being an all-around crazy, nut job.  Four years later, an equally inexperienced man with no personality, Steve Forbes, did nearly as well.  Michael Bloomberg is more successful than both of those men combined, has two terms as mayor, and is infinitely better in front of a camera.  If Bloomberg decides to run, I would consider him the favorite.

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