Will Bloomberg shake up the '08 race?

Bloomberg Moves Closer to Running for President

Excerpts:

Buoyed by the still unsettled field, Mayor Michael R. Bloomberg is growing increasingly enchanted with the idea of an independent presidential bid, and his aides are aggressively laying the groundwork for him to run.
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Advisers have said Mr. Bloomberg, a billionaire many times over, might invest as much as $1 billion of his own fortune (he spent about $160 million on his two mayoral races) on a presidential campaign.

But they warned that while they were confident of getting on the ballot in every state, the process was complicated and fraught with legal challenges, and that Mr. Bloomberg would begin with an organizational disadvantage, competing against rivals who have been campaigning full time for years.

Still, the mayor said this month at a news conference, “Last I looked — and I’m not a candidate — but last time I checked reading about the Constitution, the Electoral College has nothing to do with parties, has absolutely nothing to do with parties. It’s most states are winners take all. The popular vote assigns electoral votes to the candidate, and I don’t think it says in there that you have to be a member of one party or another.”

Comment: I hope he runs. Although I favor John McCain, I think aside from him, the 2008 candidate class is very weak!