Bloomberg may be serious about mounting a third-party bid for the Presidency.
New 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.
A few days ago, I posted on Chuck Hagel wondering aloud about a third-party run for the Presidency. Although Bloomberg seemed to tamp down speculation of a Hagel/Bloomberg ticket it seems the two may be doing something of a mating dance.
The interesting question is whether an anti-war Hagel/Bloomberg ticket might hurt the Democrats more than the Republicans. While Hagel and Bloomberg are both Republicans they may siphon off more support from the anti-war Democratic nominee (and they are all anti-war) if the election is all about Iraq which seems likely at this point.
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