If there is one thing that shows how corrupt and ridiculous politics in the US has become, it is that the mere report that former New York City mayor Michael Bloomberg is considering entering the race for the Democratic nomination for president has gained so much media attention. The reason for this is, of course, that he is a billionaire and nothing gives you more ‘credibility’ in the media on anything at all than being very rich, and the fact that he says he is willing to spend a lot of money on his candidacy just adds to that perception.
To me what his moves signifies is that the oligarchs are really concerned that Bernie Sanders and Elizabeth Warren are drawing so much attention and doing so well in the polls and that Joe Biden just does not have what it takes to win and his understudies Pete Buttigieg and Kamala Harris are not likely to succeed if he fails.
As Sanders says about this new development:
The billionaire class is scared and they should be scared.
— Bernie Sanders (@BernieSanders) November 7, 2019