Tuesday, January 26, 2016

Bloomberg's Possible Run--And Electoral Challenge

By John Fund, Jan 24, 2016 National Review

In October last year, The Atlantic magazine detailed the 25 media boomlets over the past decade that have speculated Michael Bloomberg would run for president. Today the New York Times launched yet another one, reporting that the former New York mayor would be willing to spend “at least $1 billion of his fortune” on an independent race, should Bernie Sanders or a “gravely weakened” Hillary Clinton become the Democratic nominee.

While the public is clearly disenchanted with both major parties, the odds of the 73-year-old Bloomberg’s parachuting into the presidential race are laughably low. It’s true that more than 70 percent of voters think the country is on the wrong track, and that both Hillary Clinton and Donald Trump have unfavorable ratings of above 50 percent with the general public. But as Michael Goodwin, a New York Post columnist who has frequent contact with Bloomberg, put it this weekend: “He won’t run if he can’t win, and anybody who sells him a vision of victory is suffering hallucinations or looking for a payday.”

 
Read More: http://www.nationalreview.com


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