It’s not hard to see why Michael Bloomberg is considering running for president, going so far as to have his name placed on the Alabama primary ballot. If you look at his competition among announced Democratic candidates, he is the only one with much of a chance of beating Donald Trump next year.
Bloomberg originally stayed out because of the presence of Joe Biden in the so-called “moderate channel,” but, despite some polls, the former vice president looks to be imploding for reasons ranging from his inept, possibly age-related, stumbles to the scandal around his son Hunter.
The latter seems destined to grow worse as more emails and texts surface that tie the team of Biden & Son to corruption in Ukraine and, even more troublingly, China. Joe Biden won’t look like the man to negotiate with or even deal with Xi Jinping, by far America’s most powerful adversary.
Ominously too, reports from the Justice Department inspector general and U.S. Attorney John Durham on the provenance of the Russia investigation have yet to appear, along with possible indictments. The degree to which Biden is wrapped up in this is unclear, but indications are it could be significant. If that’s true, his political career and a lot else may be over.
Bloomberg is undoubtedly aware of this. If he does jump in, he must know his real competition for the nomination will be Elizabeth Warren, already seen as the front-runner. Part of the former mayor’s impetus to run must be fear of the results of a Warren nomination and (unlikely as it is) presidency. This isn’t just because Bloomberg is a man of Wall Street but because Warren’s ideas are absolutely bonkers, a disaster for the economy approaching Venezuelan proportions.
At a recent “Latinx town hall,” she assured her audience that her (as of now) $52 trillion Medicare for All plan would also include “undocumented immigrants” (né illegal aliens). Not surprisingly, no one asked her the obvious follow-up–just how many such people are there? Good thing too, because no one knows. We used to be told 11 million illegals reside in the USA, but a recent Yale study bumped it to 22 million, although that was admittedly only an estimate. The way things are going, Warren might as well offer free health care to all of Central America into the bargain. It might be cheaper in the end.