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Archive for March Wednesday, 2016

Michael Bloomberg Says He Won’t Run for President in 2016

Wednesday, March 9th, 2016

Michael Bloomberg, the billionaire former three-term mayor of New York, said he’s decided against entering the 2016 presidential race, removing one of the remaining uncertainties in what already has been an unusual and unpredictable election year.

Bloomberg, 74, who had said the 2016 presidential campaign has been marred by appeals to extremism and was an insult to voters, was expected to spend a sizable amount of his own fortune if he entered the race. Bloomberg is the founder and majority owner of Bloomberg News parent Bloomberg LP.

Bloomberg also said his candidacy risked dividing the vote and throwing the election into Congress. “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,” Bloomberg wrote.

There have been several prominent independent or third-party presidential candidates during the past century, most recently Ralph Nader in 2000, Ross Perot in 1992 and 1996, and John Anderson in 1980. Perot won 19 percent of the popular vote nationwide in 1992, but carried no states and won no electoral votes. The last such candidate to secure any electoral votes was segregationist George Wallace in 1968.

At a town hall event in Detroit televised by Fox News, Sanders offered muted reaction to Bloomberg’s announcement.

“That’s his decision,” Sanders said. The Democrat said it’s a “bad idea for American democracy that the only people who feel they can run for president” are wealthy.

George Martin

Wednesday, March 9th, 2016

Fifth Beatle’ record producer dies aged 90

Sir George helped The Beatles achieve global success as the head of the Parlophone record label after hearing their demo tape in 1962.