Mayor Bloomberg has a track record of spending money for his political campaigns out of his private accounts, in addition to his official campaign committee accounts.
Thanks to Mayor Michael Bloomberg, the Republican Party is expected to once again take control over the New York State Senate.
The New York Daily News reported that Republicans regained control by a very slim margin of votes (one race was won by less than 500 votes). In this kind of competition, money undoubtedly could have played a big factor. And when it comes to parlaying money into power, no one person can use his money to buy influence the way that can Mayor Bloomberg.
''Bloomberg secretly gave $900,000 to a barely regulated 'housekeeping' account for the Senate Republican campaign, two sources confirm,'' reported Adam Lisberg.
Mr. Lisberg added that the Republican Party account, which received Mayor Bloomberg's donations, ''doesn't have to report its finances for another month,'' but unnamed sources confirmed to The Daily News that Mayor Bloomberg funneled his donations in two sizeable payments -- ''an initial donation of $650,000, then $250,000 more to help push the GOP over the edge.''
These donations, made in the 2010 election cycle, follow a pattern of secret payments made by Mayor Bloomberg in past election cycles. Much like President Richard Nixon, whose political campaigns had carried out a long set of activities to attack and disrupt the Democrats way before the Watergate Hotel break-in, Mayor Bloomberg's political campaigns of 2005 and 2009 engaging in funneling secret payments out of the mayor's personal accounts to political parties for use in campaign activitis.