Michael Bloomberg won’t run for President

Michael Bloomberg

Former three-times mayor of New York, Michael Bloomberg, recently declared that he made up his mind about entering the 2016 presidential race as an independent. According to The New York Times, his candidacy risked dividing the vote and eventually throwing the election to Congress.

No details about an eventual endorsement yet

“As the race stands now, with Republicans in charge of both Houses, there is a good chance that my candidacy could lead to the election of Donald Trump or Senator Ted Cruz. That is not a risk I can take in good conscience,” Michael Bloomberg said in an editorial for Bloomberg View.

Despite this statement, Mr. Bloomberg avoided saying anything about a possible endorsement for a Democrat candidate, even though it’s clear that he’s far from being a fan of any Republican. Still, he did made a reference to both Hillary Clinton and Bernie Sanders.

On the other side, when it came to Republican front-runner, Michael Bloomberg said that Donald Trump had run “the most divisive and demagogic presidential campaign I can remember, preying on people’s prejudices and fears.”

Bloomberg is against Trump’s policy

The ex-NY mayor also declared that he was unpleasantly surprised by Mr. Trumps plans of banning immigrants from entering the country and initiating trade wars against China and Japan, being also disturbed by his “feigning ignorance of white supremacists”. The latter was a reference to the Trump’s refusal to disavow the support coming from David Duke, former KKK leader.

Michael Bloomberg‘s decision to stay out of the presidential race coincides with Hillary Clinton’s increasing tally of delegates won in the primaries from the past two weeks.

“It’s clear to me that if I entered the race, I could not win. I believe I could win a number of diverse states – but not enough to win the 270 Electoral College votes necessary to win the presidency,” Bloomberg said.