Sunday, August 15, 2010

Bloombeg in 2012?

Michael R. Bloomberg paid $45 million for a crisp, elegant town house at Madison Avenue and 78th Street to be the headquarters for the newly created Bloomberg Family Foundation. Mr. Bloomberg has purchased a second building for $41 million adjacent to the $45 million building on the Upper East Side to house the new foundation. His office says the buildings will undergo renovations and be connected internally.

There has been a lot of recent talk about New York Mayor Mike Bloomberg thinking about a run for President in 2012, if the conditions are right.

Mr. Bloomberg created a foundation in 2006, vowing to give away most, if not all, of his wealth — estimated at $16 billion at the time. There is a heavy political cast to the foundation board Mr. Bloomberg announced. Among those appointed are Henry M. Paulson Jr., former Treasury secretary; Jeb Bush, former governor of Florida; Manny Diaz, former mayor of Miami; Cory A. Booker, mayor of Newark; and Sam Nunn, former senator from Georgia.

Since 2006, many political operatives have taken up offices at the foundation. A top NY political consultant on Team Bloomberg has said “Bloomberg wants to run.” Of course under normal circumstances an independent candidacy wouldn’t have much of a chance at all, but these are not normal times, and you already know the rest of the sentence, Bloomberg is not a normal politician.

I always thought it would be difficult for an independent candidate to get into the White House directly. We would need more independents in Congress first to make this happen.

What do you think?

Michael H. Drucker
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