Bombastic billionaire business man John Catsimatidis officially announced his candidacy for mayor as a Republican on the steps of City Hall today in a freewheeling press conference that touched on his philosophies on life, business and his positions on many of the major issues of the day. Though Mr. Catsimatidis deviated substantially from the prepared remarks distributed by his staff prior to the event, he did focus on his background as a native New Yorker and his experience as a businessman.

“It’s not that I’m only a business person, I came from 135th Street. I never forgot where I come from. I’m not a Mike Bloomberg billionaire, I’m not wearing a $5,000 suit. I think my wife paid $100 for this,” said Mr. Castimatidis, grabbing the lapel of the wrinkled black suit that covered his ample frame.  Read More