A lifelong Democrat before seeking elective office, Bloomberg switched his registration in 2001 and ran for mayor as a Republican, winning the election that year and a second term in 2005.
Bloomberg switched parties when he failed to win the Democrat Primary race, and noticed that the GOP wasn't planning to run their own candidate in the city dominated by Democrat voters.
"Back then, it made perfect sense to switch parties. But today I'm getting a lot of heat from the media for doing such a poor job with snow removal following last week's blizzard," he told us. "If I was still a Democrat, then the media wouldn't dare criticize me. So I'm switching back!"
|Mayor's limo stuck in snow|
This was a major inconvenience for him. "We had to send out for meals from five star restaurants. We were virtually trapped inside our own mansion."
Bloomberg is the tenth richest man in America, and was a strong advocate for term limits until he finished his second term and wanted a third.
Then he worked hard to overturn the rule he wanted for everyone else, so he could run for a third term.