Is Bloomberg Really Going To Try To Run For President?

By Cam Edwards

I’m skeptical about these reports, but allegedly Michael Bloomberg is talking to friends and advisors about throwing his hat into the ring and running for president if Joe Biden continues to struggle against Elizabeth Warren (a new poll out today has Biden down double digits to Warren, coincidentally). Would it just take a Biden freefall or would the former vice president need to formally drop out of the race?

Bloomberg has signaled he’s “still looking at” running for president, but people close him say that the only way he could even go down that path is if Biden’s fortunes suffer so much that he drops out before or during the early stages of the primary. Bloomberg could then enter the race as one of the rare moderates with enough name recognition and campaign funding to make a run. Forbes estimates his net worth at $51 billion, and he was planning to spend over $100 million on a campaign for president if he ran.

“I think it’s something he wants. He has not been shy about that,” one of Bloomberg’s allies familiar with the talks told CNBC. …Read the Rest

Source:: Bearing Arms