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The Price For Power & Fame

by Marquette Turner

in Features, Money & Business, News & Views, Real Estate Radar

Being in the United States you just have to wonder why some people choose to be in the public eye? Is it the power? Is it the celebrity or is it the wealth? I can’t begin to answer that question but when looking at Michael Bloomberg with his own TV channel and of course a personal net wealth of $11.5 Billion I guess it isn’t the wealth – he has it already.

The New York Mayor and media mogul spent $85 million on re-election in 2005 (what did Clover Moore spend in Sydney?). The sum was $11 million more than in his first election 2001. Now the most famous Mayor in the world is rumoured to be considering jumping into the Presidential race – not now, but maybe in 4 years time.

With talk running hot that Bloomberg could run as Obama’s running mate earlier in the year and now that he may seek an unprecedented mandate for a third term as Mayor of New York City, all eyes are on him to see which candidate he’ll endorse – at this stage he has been quiet on the issue.

Both Simon Turner and I witnessed an anti-John McCain and Sarah Palin rally in Philadelphia and the passion shown by Americans was intense.

It wasn’t clear if Palin was inside the building or whether Obama had recently departed, but election fever is running hot and it is amazing to see how the Americans express their political views. Both Simon Turner and I also watched the live debate between Obama and McCain only a few hours ago and it appeared that Obama was the winner. America is a wonderful and fascinating country.

Michael Marquette

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