7 votes

Michael Bloomberg actively prepares to enter 2020 Presidential race

2 comments

  1. [3]
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    1. Sahasrahla
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      My conspiracy theory: Bloomberg thinks a Sanders or Warren win is likely and rather than running in the primary to stop them he's laying the groundwork for a third-party challenge. I mean, this is...

      (From the Atlantic piece) Were Bloomberg primarily interested in ensuring that neither Warren nor Bernie Sanders turned America into another “Venezuela,” he could have done what many other center-left Democratic establishment types have done: given Buttigieg the cash to compete with Warren’s and Sanders’s small-donor-powered campaigns.

      My conspiracy theory: Bloomberg thinks a Sanders or Warren win is likely and rather than running in the primary to stop them he's laying the groundwork for a third-party challenge. I mean, this is someone who in 2016 looked ready to run as a third-party candidate against Trump and Sanders until it became clear that Clinton would get the nomination. It would also explain why he didn't want to enter the race until now: if he was in it from the beginning he might have split the non-progressive vote, but if he thinks a Warren or Sanders win will happen anyway that doesn't matter to him and he's free to build up his credentials as a "moderate" Democrat and opponent of the ideas of Warren and Sanders.

      5 votes
    2. skybrian
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      Billionaires can enter the race and automatically get press attention because they have the funding, but it seems like they usually don't do very well without political experience? But since...

      Billionaires can enter the race and automatically get press attention because they have the funding, but it seems like they usually don't do very well without political experience? But since Bloomberg was a successful(?) mayor of New York City, I think he'd make the news anyway.

      3 votes