Bloomberg endorsed President Obama

It is rather interesting, that on the other side of the pond, the Mayor of New York Michael R. Bloomberg has endorsed President Obama in the presidential campaign. It is even more interesting because Mayor Bloomberg was once a Republican, whilst Barack Obama is a Democrat. Bloomberg decided that Mr. Obama was the better candidate to tackle the global climate change that he believes might have contributed to the violent super-storm, hurricane Sandy, which took the lives of at least 80 in the USA and caused billions of dollars in damage. Democrat Mitt Romneys values do seem similar to Conservatives over here in the UK. Mitt Romney thinks its fair that he pays an effective tax rate of about 20%, on his $22 million income.