THE BLOG
01/14/2008 02:33 pm ET Updated May 25, 2011

Bloomberg Still Deciding Whether to Buy Presidency

New York Mayor Michael Bloomberg is "still trying to decide" whether to buy the U.S. presidency, aides to Mr. Bloomberg confirmed today, with the sticking point reportedly being the steep price of such an acquisition.

In recent weeks, Mr. Bloomberg had been sending out positive signals about his interest in buying the highest office in the land, raising hopes among supporters that he might be preparing to throw his wallet in the ring.

In a speech in Oklahoma last week, for example, the mayor told an enthralled crowd, "In these divisive times, I believe that the American people are yearning for the leadership of a whiny billionaire."

Mr. Bloomberg even floated a possible campaign slogan: "Vote For Me and I'll Give you $10,000."

Aides close to the mayor indicated that there were other positive signs as well, noting that Mr. Bloomberg had recently transferred $2 billion into his day-to-day checking account.

"With that kind of money, you could either buy the White House or 10 Mitt Romneys," said one aide familiar with the cash transfer.

But according to one of Mr. Bloomberg's advisers who spoke on condition of anonymity, falling real estate prices in the U.S. may have given the mayor cold feet about buying the presidency.

"At this point, buying the United States isn't looking like such a good investment," the adviser said. "At the end of the day, Mike might be better off buying Canada."

Elsewhere, in a positive development for Vice President Dick Cheney, scientists in a laboratory at the University of Minnesota created a living rat's heart.

Andy Borowitz is a comedian and writer whose work appears in The New Yorker and The New York Times, and at his award-winning humor site, BorowitzReport.com. He is the host of "Countdown to '08" at the 92nd Street Y on Tuesday, May 13 at 8 PM with his special guests Susie Essman (HBO's Curb Your Enthusiasm) and Jeffrey Toobin (CNN, bestselling author of The Nine. For tickets, go to 92y.org.