UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. See main page for full contents

October 29, 2009

THE WORLD'S GREATEST DEMOCRACY UPDATE

Seminal - Some fun facts about Michael Bloomberg and his bid for a third term as New York's mayor, courtesy of The New York Times:

1) Bloomberg's estimated total personal wealth: $16 billion

2) Amount of his personal wealth Bloomberg has invested in this campaign: $85 million (the most in United States history)

3) Amount Bloomberg will spend by Election Day: $110-140 million.

4) Amount raised by Bloomberg's non-billionaire opponent: $6 million

1 Comments:

Anonymous Tom Puckett said...

A timely comment from Butler Shaffer from his post "On the Receiving End of Democracy"
[http://www.lewrockwell.com/shaffer/shaffer201.html]:

There have been many definitions of "democracy" – none more to the point than those offered by the likes of H.L. Mencken and Ambrose Bierce.

My own definition is that "democracy is the illusion that my wife and I, combined, have twice the political influence of David Rockefeller."

October 29, 2009 2:58 PM  

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