Bloomberg’s Super PAC Narrowly Misses Most Congressional Targets – Late in this year’s election cycle, Mayor Michael Bloomberg suddenly announced the creation of a “super PAC,” Independence USA, through which the billionaire mayor could funnel unlimited sums of cash to candidates who support his political agenda of gun control, gay marriage and education reform. Looking at the federal races Mr. Bloomberg aimed to influence through the new political action committee, however, a majority of his candidates narrowly lost last night.