Bloomberg's Riff on Obama Stirs Presidential Speculation

Wednesday, 23 Nov 2011 12:47 PM

By Newsmax Wires

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New York City Mayor Michael Bloomberg’s stinging rebuke of President Barack Obama in the wake of the supercommittee’s failure on budget deficit reduction prompted The London Telegraph to speculate about a potential Bloomberg bid for the presidency.

Actually, the newspaper didn’t itself speculate that Bloomberg will run. It speculated that others might speculate that Bloomberg will run. Sounds like a bit of a stretch, no?

“Mr. Bloomberg's words could fuel speculation about whether he could mount a third-party bid for the White House,” according to the Telegraph. “The New York mayor has made no preliminary moves indicating he might take such a step and has repeatedly said that a ‘short, divorced, Jewish billionaire’ would have no chance.”

Although Bloomberg is unlikely to run for president himself, he had no trouble ripping the current one after the supercommittee’s collapse. "It's the chief executive's job to bring people together and to provide leadership. I don't see that happening," said the mayor, who is an independent.

"The executive branch must do more than submit a plan to a committee and then step aside and hope the committee members take action. That's not how any CEO would run a business,” said Bloomberg, who knows a little about being a CEO, having made himself a billionaire through the founding of the financial information company named after him.

Bloomberg didn’t exactly do jumping jacks over Congress’s performance either, accusing it of "political cowardice" in helping to create a "disaster for the country."



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