Bloomberg prepares to enter Presidential Race

[Nom De Plume]

Former New York City Mayor Michael Bloomberg is preparing to enter the 2020 Democratic primary despite saying earlier this year he would not run for president, according to the NYT. The billionaire environmentalist has been privately weighing a bid for the White House for weeks and has not yet made a final decision on whether to run, an adviser said. But in the first sign that he is seriously moving toward a campaign, Bloomberg has dispatched staffers to Alabama to gather signatures to qualify for the primary there. Though Alabama does not hold an early primary, it has a Friday deadline for candidates to formally enter the race.

AP adds that Bloomberg opens the door to a presidential run because the field of Democratic candidates is "not well positioned" to defeat Trump. It is unclear how further splitting the vote, especially if he ends up getting more of the centrist vote, will not virtually assure a Trump landslide victory in 2020 but we'll leave that to the DNC to manipulate. For now, however, in what is shaping up as the best trade of the day, a bet on Michael Bloomberg is up 366% on PredictIt on the day.

As the NYT reports, "should Mr. Bloomberg proceed with a campaign, it could represent a seismic disruption in the Democratic race." With his immense personal wealth, centrist views and close ties to the political establishment, he would present a grave and instantaneous threat to former Vice President Joseph R. Biden Jr., who has been struggling to raise money and assemble a ideologically moderate coalition.

A former Republican who repeatedly explored running for president as an independent, Bloomberg registered as a Democrat ahead of the midterm elections last year. In his past flirtations with the presidency, Bloomberg has never before taken the step of filing to put his name on a state ballot.
While Bloomberg could still opt against running, even his preliminary steps toward a campaign may come as a blow to Joe Biden, who has been counting on strong support from centrist Democrats, traditional party donors and much of the business community to carry him forward in the race.

https://www.zerohedge.com/political/mic ... ntial-race

[Nom De Plume]

If Bloomberg enters the race, I predict that he will win!

[Redneck]

An interesting development!

I am inclined to agree Nom !

[Black Orchid]

I thought you didn't like billionaire Presidents but the DNC candidates are broke and struggling with fundraising so he could effectively buy the nomination. It would be a chance for Wall Street/Twitter/Google to buy their own candidate and Bloomberg still plays an active part in his media holdings. He also put up big bucks for the Virginia elections. All the things I thought you would be against. Do I hear the big H word ringing loud?

Hillary won't be pleased because she may have been ready for the leap into the clown car too as she is badmouthing both Warren and Gabbard.

Bloomberg is a Jew and the Dems don't like Jews and he would be pushing 80 by the time he was inaugurated. He was also an unpopular Mayor.

I don't think it's fair that someone can just jump in at the end of the race for nomination with a pocket full of $$$ as all the candidates have been working their butts off for months. As sad and sorry a lot as they are they have put in the hard yards.
Apparently he wouldn't have to file for Alabama until March 2020.

Having said all that he could be a serious threat. None of the others are.

Maybe 4E or Tex can tell me why Bloomberg can file in Alabama when he is from New York? The primaries are scheduled for between February and June right? Yet he can just jump on board in March?

[Nom De Plume]

Bloomberg Officially Files Paperwork For 2020 Presidential Primary

With his late entry and a personal fortune of $53.4 billion according to Forbes, Bloomberg could jolt the Democratic primary race, hurting the chances of other centrist candidates such as Joe Biden and Pete Buttigieg. While Bloomberg has not made a final decision to run, his allies say he intends to enter the race and his early moves have rippled through the rest of the Democratic field.

https://www.zerohedge.com/political/blo ... al-primary

[Nom De Plume]

So.. who are our Yankie members going to vote for?

Will it be... the former Democrat posing as a Republican, or, the former Republican posing as a Democrat?

[Redneck]

He couldnt be worse than the current child brained dickhead !

[Fred]

He couldnt be worse than the current child brained dickhead !

Be nice about the infantile, megalomaniacal egotistical moron with the delusions of grandeur. Somebody still likes him…

[The4thEstate]

My my, such prickly hostility toward the American president!

What's the matter -- can't handle a U.S. leader who has the audacity to put his own nation and citizens first ... instead of sucking up to globalist interests and opening our borders to every Central American and Middle Eastern refugee of dubious origin who wants a free pass into our country?

[The4thEstate]

If Bloomberg enters the race, I predict that he will win!

Why do you say that?

Current Democrats have veered so far left, they'll never accept a rich white guy ... unless maybe he agrees to give away his fortune to the U.N. climate fund or something.

As for Republicans, Bloomberg is an East Coast dude who once banned "sugary beverages" larger than 16 ounces. As with Hillary and her elitist attitude, silly edicts like that aren't going to play well in the Heartland.

I'll be surprised if he cracks the top 5. I'm estimating that he'll gather about 4 percent support nationally ... but let's see what happens.