The revelation that former NYC Mayor Michael Bloomberg (2002-2014) is considering entering the Presidential race of 2016 as an Independent complicates the election outlook in a massive way.
One could argue that an Independent candidacy will not succeed, as the best any independent or third party candidate has ever done is former President Theodore Roosevelt, running as a Progressive (Bull Moose) party candidate in 1912, ending up second rather than third, and winning six states, 88 electoral votes, and 27.4 percent of the popular vote.
But Bloomberg, the seventh wealthiest billionaire in America by 2015 statistics, and 13th wealthiest in the world with about $41 billion in assets, could upset the apple cart, and could have a real chance to win.
For one thing, as a former Democrat, then a Republican, and finally an Independent, Bloomberg proved he could govern New York City, arguably the second most difficult governing job in America next to the Presidency itself.
And as a social progressive, Bloomberg represents danger to the Democratic party and its reliable 18 “Blue” states, since a three way election could give Bloomberg the balance of power, and possibly lead to him winning some of those states, and denying Hillary Clinton or Bernie Sanders the Presidency, and indirectly aid the Republican nominee,Â Donald Trump or whoever else it is.
And the scenario of no one winning 270 electoral votes is the nightmare, as if that happened, the House of Representatives, controlled by Republicans, and having more than 26 states with a Republican majority delegation, would have the final say on who the next President is, as in long ago 1800 and 1824!
The Bloomberg candidacy will be explored later by this blogger, with more detail and analysis, but this is NOT good for the Democratic Party!