Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


 IT'S GOOD TO BE THE KING 
13

Bloomberg Campaign Spending 'Off the Charts'

Mayor has doled out a record $85M, could hit $140M

Share

(Newser) – Billionaire Michael Bloomberg has spent a record $85 million of his own money on his re-election campaign in New York, and the figure could reach $140 million before it's over. His nearest opponent has managed $6 million. The New York Times figures Bloomberg's total for his three mayoral campaigns will be somewhere around a quarter-billion dollars.

“I have never seen anything like this—it’s off the charts,” says a Yale expert. “He’s in a league of his own.” Bloomberg may not need the name recognition anymore, but he's at least stimulating the local economy by pumping in $1 million a day. Much goes to advertising, but other expenditures include $322,521 on food, $293,953 on transportation, $176,066 on furniture, and $39,858 on parking.

New York Mayor Michael Bloomberg.
New York Mayor Michael Bloomberg.   (AP Photo/Charles Dharapak)
Mayor Michael Bloomberg listens during a press conference in New York.
Mayor Michael Bloomberg listens during a press conference in New York.   (AP Photos/Bebeto Matthews)
Mayor Michael Bloomberg, right, and former mayor Rudy Giuliani, listen to a speaker during the Borough Park Jewish Community Council Legislative Breakfast Oct. 18.
Mayor Michael Bloomberg, right, and former mayor Rudy Giuliani, listen to a speaker during the Borough Park Jewish Community Council Legislative Breakfast Oct. 18.   (AP Photo/Tina Fineberg)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.20.09
The Health-Care Wars Have Just Begun
11.19.09
Sarah Palin Deserves Some More Attention
13 comments
VIEWING:
 
Gooner82
Oct 24, 09 10:42 AM CDT
He must really like playing mayor Reply
Vote up! Vote down!
+6
Vyridian
Oct 24, 09 11:05 AM CDT
I read recently that money spent on a campaign doesn't make a lot of difference beyond a certain point. I guess Bloomberg is out to prove nobody has spent enough. Reply
Vote up! Vote down!
+3
Robert_Dada
Oct 24, 09 11:08 AM CDT
Until the money is taken out of politics, the American public will never be properly represented - by any party. Reply
Vote up! Vote down!
+7
IN RESPONSE:
freethemall
Oct 24, 09 10:37 PM CDT
And that won't happen until the Supreme Court decision equating money with speech, is reversed. And I don't see that happening any time soon.
Vote up! Vote down!
+1
IN RESPONSE:
feldgreg
Oct 25, 09 7:51 AM CDT
Money is a form of expression whether you like it or not. Supreme Court is correct in not restricting too much what money is used for. As for "properly represented", all the statement means is that you don't have the representation that you want.
Vote up! Vote down!
-1

View all 13 comments »

LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

72 Stories

 Bloomberg Squeaker  
 Embarrasses Obama, Dems   

Many bemoan tepid support of Thompson

Nov 4, 09 9:56 AM CST
(Newser) - No one thought Bill Thompson had a prayer against Michael Bloomberg—no one, that is, except voters. Bloomberg did indeed win yesterday, but it was a moral defeat for the mayor, who spent $90 million and won by just 5%. And it’s an even bigger embarrassment for Democrats, who... More »

MORE ABOUT:
Barack Obama • New York City • Michael Bloomberg • Democrat • Bill Thompson • mayoral race • Election 09

Nate Silver

 Blame Weak 
 Candidates, 
 Not Obama 

Polling guru gives a post-mortem on last night's elections

Nov 4, 09 8:36 AM CST
(Newser) - The numbers are in, now it's time to make sense of them. Nate Silver breaks down last night's election results:
  • Don’t blame Obama; Creigh Deeds and Jon Corzine were probably just weak candidates. In New Jersey, 57% of voters approved of Obama, but 27% of those supporters voted
... More »

MORE ABOUT:
gay marriage • New York City • Jon Corzine • New Jersey • New York • Michael Bloomberg • Virginia • exit polls • election • poll numbers • Nate Silver • Creigh Deeds • Christopher Christie • Bob McDonnell • Doug Hoffman • Bill Owens • Election 09 • election day November 2009

ELECTION DAY

 Bloomberg Wins 3rd NYC Term 

$100 million of own money keeps independent on top

Nov 3, 09 8:45 PM CST
(Newser) - Michael Bloomberg has won a third term tonight as New York’ mayor, outdistancing Democrat William Thompson in a race that saw the incumbent spend an estimated $100 million of his personal fortune—the largest sum in US history. Bloomberg won by nearly 20% in 2005, but early returns showed his... More »

MORE ABOUT:
New York City • Michael Bloomberg • campaign funds • election • mayoral race • Election 09 • William Thompson • personal fortune

72 Stories


Politics  •  US 
TwitterFollow @NewserPolitics on Twitter

 
New York City • Michael Bloomberg • mayor • campaign advertising • Mayor Bloomberg • campaign spending

from our news partners