Politics October 10, 2018

Mike Bloomberg Switches To The Democrats

BONN, GERMANY - NOVEMBER 11: American businessman Michael Bloomberg is seen prior to a discussion at the America's Pledge launch event at the U.S. "We Are Still In" pavilion at the COP 23 United Nations Climate Change Conference on November 11, 2017 in Bonn, Germany. America's Pledge is a report detailing the efforts of U.S. states, cities and businesses to keep America on line in fulfilling goals towards carbon reduction set out by the Paris Climate Agreement. U.S. President Donald Trump has announced that the U.S. is withdrawing from the accord and the White House is sending its own delegation of fossil fuel supporters to the COP 23 conference next week to make the case for the continued role of coal and petroleum in world energy needs. (Photo by Lukas Schulze/Getty Images)

If Donald Trump is still in office and running for a second term in 2020, it could be one professed billionaire vs one real billionaire. Michael Bloomberg who was a Republican from 2001–2007, then an independent for the last 11 years, announced today that he is now a Democrat. He posted on social media:

“At key points in U.S. history, one of the two parties has served as a bulwark against those who threaten our Constitution. Two years ago at the Democratic Convention, I warned of those threats. Today, I have re-registered as a Democrat – I had been a member for most of my life – because we need Democrats to provide the checks and balance our nation so badly needs.”

Why I'm re-registering as a Democrat https://t.co/2aGDJM95HN pic.twitter.com/mXV9g9gqh5

— Mike Bloomberg (@MikeBloomberg) October 10, 2018

Unlike the other wealthy guy who ran and won the presidency in 2016, Bloomberg is no stranger to politics. He spent 12 years as Mayor of New York City and more recently pledged to spend $80 million to help Democrats running in the midterm elections.

His money pouring into 2018 races and his eye on a 2020 race of his own, Michael Bloomberg reregisters as a Democrat.

— Peter Baker (@peterbakernyt) October 10, 2018

Bloomberg reports:

The former mayor considered running for president as an independent in 2016 but ultimately endorsed Democrat Hillary Clinton, who lost to Republican Donald Trump. Bloomberg told the New York Times in September he now believes that only a major-party candidate can win the presidency, and if he were to run in 2020, it would be as a Democrat.