Billionaire and former mayor of New York Michael Bloomberg has said that he is considering entering the presidential race as an independent candidate and said that he is willing to spend up to a billion dollars of his own money in the endeavor. He says he will make his final decision sometime in March.
This is not the first time that he has speculated on making such a run. Like Donald Trump, he has teased this possibility in the past but never actually carried it out. The success of Trump must have inspired him to think that if he can do it, why not me? He seems to think that a race between (say) Trump on the Republican side and Bernie Sanders on the Democratic makes an independent third party candidacy viable. Nicole Lyn Pesce gives us some background about Bloomberg and his views.
Honestly, it seems like American politics are becoming an open caricature. We always knew that the oligarchy pulled the strings behind the scenes of the parties and the media. Now they don’t even bother with the curtains that shield them from direct public gaze. They are buying media outlets and we are left with the choice of competing oligarchs for elected office.
Sanders rightly points out what Bloomberg’s move signifies and says that Americans don’t want to be run by an oligarchy and that faced with a three-way choice between Trump, Bloomberg, and him, people will prefer him. I hope he is right.