Is Michael Bloomberg Laying 2020 Groundwork with Party Switch? | NTK Network Is Michael Bloomberg Laying 2020 Groundwork with Party Switch?

Is Michael Bloomberg Laying 2020 Groundwork with Party Switch?

The former New York City mayor switched his party registration from independent to Democrat (again). His policies haven’t changed, so what’s the motivation?

By NTK Staff | 10.10.2018 @4:00pm
Is Michael Bloomberg Laying 2020 Groundwork with Party Switch?

Former New York City Mayor Michael Bloomberg made headlines Wednesday when he announced he switched his party affiliation from independent back to Democrat.

The liberal billionaire announced the move on Instagram:

In his Instagram post announcing the switch, Bloomberg cited a need for a check on power in Washington. The Republican Party holds the White House and Congress, and the Supreme Court has a widely perceived conservative majority now that Brett Kavanaugh has been confirmed.

“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,” Bloomberg wrote on Instagram. “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.”

As Bloomberg himself notes, he had been a Democrat most of his life, and the move comes as little surprise to those who have followed his political career. Bloomberg has donated millions to Democrats in the past and just a few days ago announced he would give $20 million to Senate Majority PAC, the Chuck Schumer-affiliated super PAC with the goal of electing Democrats to the Senate.

But if Bloomberg is serious about running for the Democrats’ nomination for president in 2020, he will have more than a few hurdles to clear first.

In a recent New York Times interview, he chided liberals for pushing aggressive regulatory policies on big business and major banks. Sens. Elizabeth Warren and Bernie Sanders, both considered potential contenders for the Democratic nomination in 2020, are popular among the party’s base.

Bloomberg has also defended the “stop and frisk” tactics once used by police in New York before a federal judge ruled that the policy was being applied in an unconstitutional manner. It’s an issue on which Bloomberg shares some common ground with Trump.

Bloomberg also appeared to be out of step with the #MeToo movement when he expressed doubts about the accusations against Charlie Rose and others who have been accused of sexual misconduct. The Democratic Party, particularly the primary voter base, has no appetite for that kind of equivocation on this particular topic.

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