Michael Bloomberg Not Running for President

Photo from source, Reuters

While there is much speculation whether a Bloomberg run would hurt McCain or Obama (Clinton?) more, I think this is a good thing either way. Ralph Nader provides only a small distraction, but Bloomberg might provide a big one. Better to keep it simple.

[Excerpt]

NY Mayor Bloomberg says will not run for president

New York City Mayor Michael Bloomberg has decided not to run for the U.S. presidency, he said in the New York Times, ending long-running speculation that he could launch a challenge as an independent candidate.

"I listened carefully to those who encouraged me to run, but I am not and will not be a candidate for president," Bloomberg said in an opinion article in Thursday's newspaper. . .

Read more at: Reuters