Well, it’s about as official as it’s going to get. Former New York City Mayor Michael Bloomberg is running for the Democratic nomination. In a statement to… let’s just say his “potential supporters,” he declared that he’s not so much running against the other 2020 Democratic hopefuls, but against President Trump, who he describes as an existential threat to America and its values. (NY Post)
Billionaire businessman Michael Bloomberg ended weeks of speculation — marked by a stunning mea culpa for his past defense of ‘stop and frisk’ — and formally declared himself a Democratic candidate for the White House on Sunday.
The media mogul, New York City’s last three-term mayor, declared to supporters in a launch video and statement, “I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions.”
“He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage. The stakes could not be higher. We must win this election. And we must begin rebuilding America. I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead,” said Bloomberg, who had ruled out a presidential run as recently as March.
I suppose this makes about as much sense as Tom Steyer running. (For the record, after months of effort and God only knows how much money, Steyer is polling at just over one percent in the RCP average.) And he certainly has enough money to fund a national campaign, assuming there are any decent staffers left out there to hire.