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New York Mayor Bloomberg Sets Dubious Record of the Most Any Individual Has Spent on Himself for Public Office

225px-Michael_Bloomberg_2008_crop-altNew York City Mayor Michael R. Bloomberg has achieved a national record and perhaps a world record. Unfortunately, it is not for track or field, but the most any individual has spent of his own money in the pursuit of public office. He has already spent $85 million on his own reelection and will likely reach $140 million by November 3rd. That will bring his own spending to $250 million — that’s right a quarter of billion dollars. Do you love me now?

New Jersey Gov. Jon S. Corzine is not skimpy on spending his own dough: putting out $130 million in two races for governor and one for United States Senate. Steve Forbes spent $114 million into his two bids for president. By this measure, Ross Perot is a miser. He spent $65 million in his quest for the White House in 1992 and $10 million in his bid four years later.

Bloomberg has outspent his opponent, William C. Thompson Jr., 14 to 1. Thompson has only $6 million.

This may also make Bloomberg the single growth industry in the city.

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8 thoughts on “New York Mayor Bloomberg Sets Dubious Record of the Most Any Individual Has Spent on Himself for Public Office”

  1. “It seems to me you have to understand the cost of running the rackets by buying off people outside of office is SO expensive. It’s much cheaper to get in there and run it for yourself directly.”

    Pete,
    So cynical, but unfortunately so damn true.

  2. It seems to me you have to understand the cost of running the rackets by buying off people outside of office is SO expensive. It’s much cheaper to get in there and run it for yourself directly.

    George Carlin would have a field day with this stuff, but I expect he was exasperated with Purchased Politics already.

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  6. Well Mike, he may realize that he just can’t take it all with him, when he goes. However, unless W he has been successful in business.

  8. The best one can say about Bloomberg as Mayor of NYC, is that he is not Rudy Giuliani. Rudy was probably the most racist and corrupt NYC Mayor in the last 100 years. Mike B is unfortunately a Mayor who puts the interests of NYC’s elite financial leaders above those of the people. He has also worked hard to continue the program of homogenizing and Disneying the City and maintaining its’ Manhattan Centric predilections. That a billionaire would spend so much to remain in what is essentially a “dead end” job, speaks to the massive ego driving him. Unfortunately, in NYC, when the establishment likes you the media covers up for your multitude of sins.

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