NYC Mayor: U.S. Resembling A 'Third-World Country'

But Bloomberg does not believe it will do much good. And his harsh words at a news conference Thursday reflect the view among some of his associates that the country's economic woes present a unique opportunity for him to launch a third-party bid for the White House.

The theory among those urging him to run for president is that a businessman who rose from Wall Street to build his own financial information empire might be particularly appealing as the fiscal crisis worsens.

Publicly, Bloomberg says he is "not a candidate," and explained recently he is speaking out on national issues as part of an "experiment" to influence the dialogue in the race.

His tirade against the candidates and the economic stimulus package on Thursday began when he was asked how that experiment is going.

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