Home Daily Blitz Election 2016: Michael Bloomberg Will Not Enter 2016 Race In Fear It Could Lead To Cruz Or Trump Victory
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Election 2016: Michael Bloomberg Will Not Enter 2016 Race In Fear It Could Lead To Cruz Or Trump Victory

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ibtimes articleThe following is an excerpt from Jackie Salo | March 7, 2016 | ibtimes.com |

Former New York City Mayor Michael Bloomberg ultimately decided Monday not to throw his hat into the presidential race after he came to the conclusion his bid would hand businessman Donald Trump or Texas Sen. Ted Cruz the White House. The announcement came in an op-ed titled “The Risk I Will Not Take” published on the site Bloomberg View, a vertical of a media conglomerate he owns.

“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,” he wrote Monday afternoon.

Bloomberg wrote that he was up for the challenge, but ultimately, the polls he commissioned concluded that he could not win the race if he entered as a third-party candidate.

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