As the Democratic contest to select the nominee becomes clear, the time has come to focus on more important business at hand like who will be the dance partner going into the general election fight. The selection for number two on the ticket is an important process especially when you consider that none of the probable victors has any experience at running a large corporation. Considering the bad economic news recently pouring out of our television monitors, it would be prudent that the vice presidential candidate comes with a resume of accomplishment in the business sector.
Mike Bloomberg is an American businessman, philanthropist, and the Mayor of New York City who gained his wealth as the founder of financial news and data company Bloomberg L.P. Although a lifelong Democrat, he ran on the Republican ballot and was elected mayor in 2001, then reelected to a second term in2005. With a net worth approaching nearly $12 billion according to Forbes and other sources, Mark Bloomberg can teach us all a little about business. He has a level of integrity that is admirable to say the least. He takes a salary of $1 annual as Mayor of New York City, he refuses to stay in the mansion maintained for the Mayor and instead resides in his own home on the Upper East Side and was designated as the seventh largest individual contributor to philanthropy in 2007, pleding over the past four years more than $700 million to charity.
No matter the outcome of the 2008 November contest, the next White House occupant will have to be disciplined in the matters of money.
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