Charlie Gasparino, commentator for Fox Business, reports today that his Wall Street sources say they want Mike Bloomberg, mayor of New York, to run for president in 2012 and Bloomberg is considering it.

“He’s not saying no. He’s leaving the door open,” Gasparino said this afternoon on Fox Business.

Gasparino said in his book, Bought and Paid for: The Unholy Alliance Between Barack ObamaBarack Hussein ObamaTop nuclear policy appointee removed from Pentagon post: report Prosecutors face legal challenges over obstruction charge in Capitol riot cases Biden makes early gains eroding Trump's environmental legacy MORE and Wall Street, that many on Wall Street supported Barack Obama in 2008 but have since become disillusioned and are turning to Bloomberg.

It was suggested in this column in August that Bloomberg offered the potential for a new political party with his pal Arnold Schwarzenegger, governor of California: “Bloomberg/Arnold could change the political dynamic in this country to one of temperament rather than economic outlook. My local paper here in the mountains tells us today that the ‘widening consensus’ is that the U.S. economy has ‘slowed to a crawl’ and the federal government is out of options. That means that the traditional Democratic Party is out of options as well, as it put all of its chits on the Roosevelt paradigm and the Marx/Keynes hybrid. This at a time when Hayek’s classic
The Road to Serfdom finds its way to the best-seller lists at Amazon and Barnes & Noble … We need New York and we need L.A., but they are crumbling under the paralysis of political tradition and orthodoxy. We need, primarily, imagination, and Arnold and Bloomberg bring it. Let’s see what they have to say.”


Visit Mr. Quigley's website at http://quigleyblog.blogspot.com.