Bloomberg lambasts economic stimulus package

Bloomberg again showed why he would be a powerful force as President by harshly criticizing the economic stimulus plan recently passed by congress and signed by the President. He notes that these type of politically popular short term fixes are impotent in the long run to stave off recession.



However, as perhaps further indication that he is probably not going to be a candidate for President in this election cycle, Bloomberg applauded Barack Obama for recently announcing a plan to invest in the nation's infrastructure, which Bloomberg called for just a few weeks ago.



Interesting that the most common sense policy that has been proposed by a candidate to date is a complete rip-off of something Bloomberg proposes. If he cannot be President, perhaps a prominent cabinet position would be in order for Mr. Bloomberg?

Bloomberg candidacy unlikely

John McCain seems to be well on his way to capturing the republican nominee after his string of victory's and especially his latest in Floriday. Rudy Giuliani has dropped out of the campaign and thrown his support behind McCain and a litany of other endorsements are streaming in for the senior Senator from Arizona. Most interesting among these endorsements, as this blog is concerned, is that of California Governor Arnold Schwarzeneggar, who is very close with Michael Bloomberg. This endorsement seems to signal that the likelihood of Bloomberg entering the race is now very small.

A couple of factors have come into play. First, the electorate across the nation seems quite satisfied with the slate of candidates that the two parties have put up for nomination. There simply has not been the clamoring for a third party run that may have been expected given the dismal approval ratings of the Republican White House and the Democratic Congress. Second, McCain is a legitimate centrist candidate that will appeal to much of the same constituency that would have supported a legitimate independent candidate such as Bloomberg. The Republicans generally rally around a strong conservative but this time it looks like the nomination will go to a candidate who the Republican establishment is a little bit afraid of.

On the Democratic side, Barack Obama could still capture the nomination which would take out the major polarizing figure left, Hillary Clinton, out of the picture entirely. Obama-Mccain matchup would not be one that Michael Bloomberg could emerge from.

Bloomberg meets with Obama

Interesting meeting between Barack Obama and Michael Bloomberg in New York yesterday.

The two met for breakfast in New York. No word on what was discussed...

http://wcbstv.com/topstories/barack.obama.michael.2.599317.html

Could there be an Obama-Bloomberg ticket? Michael Bloomberg as Vice-President?