02/15/2009 08:16 am ET Updated May 25, 2011

Killing Two Stones with One Bloomberg

By Stephen C. Rose

Stone One is the sinking feeling in NYC over Mayor Mike Bloomberg's somewhat regal declaration for a third term in the face of term limits.

Stone Two is the sinking feeling in the White House. What is the problem? Isn't there someone out there with decent credentials who can pass vetting and not have an identity crisis on our watch?

We want both of these weighty problems to go away.

And Bloomberg has a large enough ego to say, "Commerce? You think I can't turn that into the equal of State and Defense? Watch me."