Billionaire New York City Mayor Michael Bloomberg announced today that he won't be running for President in 2008. This follows months of speculation, much of it self-generated by Bloomberg and his associates, that he might mount a run especially if the "center" looked like it was being abandoned by the Democrats and Rebunglecans. Speculation now is that, with the rise of Sen. Obama into the clear front-runner position among Democrats and many independents, the base Bloomberg would have appealed to has evaporated. Even further out on the speculative margin, some are wondering if Bloomberg could now be on Obama's short list for VP. We're not ready to go off that deep end yet.
But, kudos to Bloomberg for having his ego under control, unlike a certain 70-something professional spoiler we've seen emerge from under his rock recently.
