Bloomberg’s In for Third Term as NYC Mayor
He changed the rules, he put down the cash, and now New York City's Mayor Michael Bloomberg has been re-upped for a third term, beating his Democratic competitor, City Comptroller Bill Thompson, by a slim margin on Tuesday.
He changed the rules, he put down the cash, and now New York City’s Mayor Michael Bloomberg has been re-upped for a third term, beating his Democratic competitor, City Comptroller Bill Thompson, by a slim margin on Tuesday. –KA
AS CHAOS UNFOLDS, FIND SOLID GROUND…Reuters:
Bloomberg defeated City Comptroller Bill Thompson, a Democrat, according to The New York Times, the Daily News and NY1 television.
With 96 percent of the votes counted, Bloomberg was ahead 51 to 46 percent.
His margin was far smaller than expected, given polls that showed him as recently as Monday with a double-digit lead and expectations of a large, lopsided victory.
Bloomberg vastly outspent his challenger, laying out $13 for every $1 spent by Thompson. Bloomberg is described by Forbes magazine as the richest man in New York, with a $16 billion fortune.
In this time of unprecedented challenges, independent journalism is more vital than ever. At Truthdig, we expose what power wants hidden and give you the clarity to make sense of it all.
Your donation helps ensure that truth telling continues.
Editorial Cartoons
Editorial Cartoons
Economic Justice
On Wall Street, some of the most powerful people in finance have found a way to opt out of paying Medicare taxes.
Editorial Cartoons
Politics
The independent Vermont senator told the crowd: “Billionaires in both parties should not be able to buy elections, including primary elections.”
Economic Justice
Nonprofits don’t have the political clout of their corporate counterparts, so balancing the CEO-worker pay ratio should be easier.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.