NEW YORK [CBS] — New York City Mayor Michael Bloomberg has broken his own spending record from four years ago, dropping $85.2 million so far on his campaign for a third term.
The billionaire spent $85 million on his re-election in 2005, and $74 million on his first bid for office in 2001.
Mayor Bloomberg Breaks Campaign Spending Record
NEW YORK [CBS] — New York City Mayor Michael Bloomberg has broken his own spending record from four years ago, dropping $85.2 million so far on his campaign for a third term.
The billionaire spent $85 million on his re-election in 2005, and $74 million on his first bid for office in 2001.
The election is 11 days away and Bloomberg is comfortably ahead of his Democratic opponent in polls.
A finance report filed by his campaign Friday covers Bloomberg’s expenses between Sept. 29 and Friday.
He has an estimated $17.5 billion fortune.
His Democratic challenger, William Thompson Jr., has not filed his latest report. His last filing showed he had spent about half of the $8 million he has collected in donations and matching funds.
Pundits say that in the end the mayoral race may just come down to a question of money. Thompson has spent just a fraction of what Mayor Bloomberg has and he has to raise it. The mayor just dips into his billionaire fortune.
And if Bloomberg wins, he said you won’t see the same faces around his administration. He’s promising a third term shake up — 15 of his 40 commissioners will be shown the door. He said he wants fresh ideas along for his next four years.
Mendel
How much money did the one-man Crown Heights PAC get for endorsing Bloomberg and will the money go to social service programs?
Funny Stats
Thompson spent less than 5% of what Bloomberg did.
Campaign can-t end too soon for me!
B“H
I, for one, think Bloomberg’s campaign is beyond the saturation point, in bombarding the voters!
Not a day goes by when the mail doesn’t include yet another ”Vote for ME” mailing from Bloomburg.
And those phone calls! It got to be downright invasive, to keep picking up the phone — several times a week! — and have someone asking me who I’m going to vote for in the election! I finally asked them to please stop with the phone calls! (The caller IDs from the campaign are always too vague to tell for sure who’s calling.) It’s none of their business who I’m voting for; that’s between me and the voting booth!
Only when someone spends this kind of money on a campaign, can the candidate reach the point of truly overdoing it — I think future political science students will study this campaign as a lesson in overkill.
Only 2 terms
What is Bloomberg spending per vote and what is Thompson spending per vote? You tell who won this race Even if Bloomberg gets 90@ of the vote he’ll have way more money per vote than Thompson. So what will get him elected his record or his money?
careful
There were alot of problems with bloomberg,
But at least he could run a city without riots and caos.
A pitty that no one better was running against him