Former New York City Mayor and billionaire Michael Bloomberg has announced he will not run for the office of president. Bloomberg said it was "not a risk" he could take "in good conscience."
“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,” Bloomberg wrote. “That is not a risk I can take in good conscience.”
“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.”
In a three-way race, it’s unlikely any candidate would win a majority of electoral votes, and then the power to choose the president would be taken out of the hands of the American people and thrown to Congress. The fact is, even if I were to receive the most popular votes and the most electoral votes, victory would be highly unlikely, because most members of Congress would vote for their party’s nominee. Party loyalists in Congress -- not the American people or the Electoral College -- would determine the next president.
"I love our country too much to play a role in electing a candidate who would weaken our unity and darken our future -- and so I will not enter the race for president of the United States," Bloomberg wrote.
The former Mayor also said that Donald Trump "appeals to our worst impulses" and his campaign is "most divisive and demagogic presidential campaign I can remember."
Bloomberg has not endorsed a candidate yet, but it sounds like it won't be a Republican when he does.
The Freedom Center is a 501c3 non-profit organization. Therefore we do not endorse political candidates either in primary or general elections. However, as defenders of America’s social contract, we insist that the rules laid down by both parties at the outset of campaigns be respected, and that the results be decided by free elections. We will oppose any attempt to rig the system and deny voters of either party their constitutional right to elect candidates of their choice.