Michael Bloomberg says he won’t run for president in 2016

AOL:   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 at sizable amount of his own fortune if he entered the race.

His decision to stay out coincided with former Secretary of State Hillary Clinton’s increasing tally of Democratic delegates won in primary election victories during the past two weeks. Bloomberg has known Clinton for decades, and worked closely with her between 2001 and 2009, while he served as mayor and she represented New York in the U.S. Senate… (more)

 

 

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