Mayor Michael Bloomberg announced tonight that he is quitting the Republican party and changing his affiliation to independent.
The announcement came after Mr. Bloomberg gave a speech denouncing partisan gridlock in Washington, stirring renewed speculation that he is preparing to run as an independent or third-party candidate in 2008.
Bloomberg was a lifelong Democrat before switching parties to run for mayor in 2001. He is also a kajillionaire, with more than enough personal wealth to self-finance an independent campaign. Hmm.