Bloomberg Spends the Most of His Very Own Money That He Made All by Himself


The New York Times has fun today with the new report that Mike Bloomberg has now spent more of his own money seeking public office than anyone else in the history of America. As of Friday, the mayor has spent $85 million on just this re-election campaign alone, a number expected to go up to $140 million by the November 3rd election, for a lifetime total of $250 million. But how do we put big numbers like that into a context we can easily understand?

The Times:

"That means Mr. Bloomberg, in his three bids for mayor, will have easily burned through more than $250 million — the equivalent of what Warner Brothers spent on the latest Harry Potter movie."

We could have had another Harry Potter movie instead of a mayor!

"His campaign spending this year will nearly equal what his boyhood hometown of Medford, Mass., population 55,000, devotes to its annual budget."

We could have had another Medford, Mass!

And what exactly is the Bloomberg campaign spending all this money on? PIZZA PARTIES, of course!:

"And his political operation has become a one-man economic stimulus program, buying $8,892 worth of pizza from Goodfellas Brick Oven Pizza on Staten Island and in the Bronx. The company had suffered a big drop in business since the start of the recession.

“It’s a huge help,” said Marc Cosentino, one of the owners of Goodfellas. “They don’t have to economize like everyone else.”

Understandably, spokespeople for Bill Thompson's campaign call all the spending "obscene."

Bloomberg Sets Record for His Own Spending on Elections [NYT]