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Fri Nov 8, 2019, 11:32 AM


Mike Bloomberg Will Never Become President [View all]

Yes, from October.


Mike Bloomberg Will Never Become President
But his fifth flirtation with a run may be the most offensive yet.
by David Dayen
October 15, 2019

Michael Bloomberg has had the functionaries on his payroll not-so-discreetly float his candidacy for president for 11 years now. It began in 2008, when he attended a meeting in January of that year that I called Wankstock, a gathering of old white male politicians-turned-lobbyists for three days of peace, love, and bipartisanship. Touting an agenda of deficit reduction and “renouncing partisan bickering”— something for everyone from random senior fellows in Washington think tanks to people on his own payroll—Bloomberg soon realized that he failed to gain any traction and almost immediately declared he wouldn’t run.

Bloomberg also flirted with running in 2012, and 2016, and earlier in this 2020 cycle, after changing his registration from independent to Democrat. Each time he declined, after realizing that the appeal for a socially liberal, fiscally conservative billionaire doesn’t exist outside of Tom Friedman columns.

But now he’s back for the fifth time, as moderates see their dream of a do-nothing presidency slipping away from them. On Monday, friends of Bloomberg leaked to reporters that Joe Biden’s inability to lock down the Democratic primary has the multi-billionaire rethinking his decision to bow out of the race. If Biden drops out, he’s dropping in, according to unnamed sources.

That Bloomberg, solely by virtue of his indescribably obscene store of wealth, can generate this kind of publicity for his Hamlet act insults our collective intelligence. “I think it’s something he wants,” said one of his staff members paid to float this nonsense to CNBC. Notice that the wants of the public never show up in this analysis.


There’s a certain arrogance in anyone who sees a president staring back at them in the mirror. But Bloomberg’s decade-plus dalliance with an impossible candidacy is downright offensive. We are barely getting through someone with serious rich-guy syndrome in the Oval Office. We don’t need someone else mistaking the ability to make a bunch of money with the ability to lead.
If I were to vote in a presidential
primary today, I would vote for:

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