Bloomberg Is Considering a Third-Party Bid for Presidency

Former Democratic National Committee chair Edward Rendell confirmed Bloomberg’s plans, “Mike Bloomberg for president rests on the not-impossible but somewhat unlikely circumstance of either Donald Trump or Ted Cruz versus Bernie Sanders”.

Bloomberg is presumably just as intent, if not more so, on going after yet another New Yorker: billionaire-hating Bernie Sanders, the self-described democratic socialist who’s made it a personal crusade to break up the very same Wall Street banks that Bloomberg has made billions off of as his customers. Clinton addressed them during an interview with NBC’s “Meet the Press”. She said Sunday that she’ll “relieve” him of that decision by winning the nomination.

Bloomberg has set a March deadline to decide on whether to enter the race.

He is not ruling out a bid if Clinton is ahead on the Democratic side, though people familiar with his plans believe it is not particularly likely Bloomberg would challenge Clinton in a general election.

The Vermont senator tells CBS’s Face the Nation that a battle between Bloomberg and Donald Trump, two NY billionaires, would favor Sanders’ upstart Democratic campaign in a general election.

The other is that the Democratic front-runner, Hillary Clinton, may turn out to be a far weaker candidate than was once expected – and might even lose the nomination to Sen.

Donald Trump says he’s as conservative as Ronald Reagan was and vowed to get along with people better than Republican rival Ted Cruz. If both become the presidential nominees, that could leave room for a middle-of-the-road independent bid.

The voting in the major-party nominating contests begins in a week, with the February 1st Iowa Caucuses.

Bloomberg also is not all that well known outside the political circles of the Northeast.

De Blasio also says he respects his predecessor, Michael Bloomberg, but Americans aren’t interested in a race between billionaires Bloomberg and Trump.

When Bloomberg left the post 12 years later, NY was thriving, by most measures: the economy was robust, crime was down, the transportation system more efficient, and a budget deficit estimated at more than US$3 billion ($4.6 billion) when he took over transformed into a US$2.4 billion surplus. He founded Bloomberg, L.P., a financial data company that provides terminals used by financial professionals around the world, and is worth billions. The media executive, one of the richest people in the country, decided his chances were too slim for the 2008 and 2012 elections.

In recent years, he’s spent millions on national campaigns to tighten gun laws and reform immigration.

An on-again, off-again Republican, Bloomberg’s socially liberal views on issues like abortion and gun control will prevent him from running in the Republican primary.