Bloomberg flattens rival by record margin in New York

BY admin

November 10 2005 12:00 AM ET

Billionaire
Republican Michael Bloomberg ran away with a second term as
mayor of New York City in a rout of his underfunded
Democratic challenger, after assembling a finely tuned
campaign machine in the most expensive mayoral
reelection in history.
Bloomberg pummeled Fernando Ferrer on Tuesday by
a 20-point margin, the largest of any Republican over
a Democrat in a New York mayoral race. The last
drubbing close to that magnitude was Rudolph Giuliani's
17-point reelection landslide in 1997.
It was Giuliani's last-minute endorsement in
2001 that nudged Bloomberg into his first win less
than two months after the World Trade Center attack.
"I love this city even more today, if that's possible, than
I did four years ago," Bloomberg said at his victory
celebration. "I will continue to lead it honestly and
independently by always putting people's interests
ahead of the political interests."
Ferrer, the former Bronx borough president,
conceded his loss with supporters at the
Waldorf-Astoria hotel, where his grandmother once
earned a living working in the kitchen. He often mentioned
her and his rise from a poor neighborhood as an
example of the "two New Yorks" he said he would unite
and represent if elected.
Bloomberg, a former Democrat, tapped his $5
billion fortune to bankroll his campaign and was on
pace to equal his 2001 record of $74 million. He
outspent Ferrer by a 10-to-1 margin.
Bloomberg, a moderate who supports same-sex
marriage and abortion rights, persuaded many Democrats
to put aside party loyalty. "I totally don't think
he's a real Republican," said Cory Crayn, a die-hard
Democrat who never strayed until he cast a vote for
Bloomberg on Tuesday. "Otherwise, I really don't think
I could have in good conscience voted for him today."
(AP)

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