Billionaire and media mogul Michael Blumberg is considering entering the Democrat race

USA Flash

Another Democrat could soon join the 2020 White House race.

Former New York City Mayor, billionaire and media mogul Michael Blumberg is expected to fill out forms to run for Democratic party elections in Alabama, a state that has an early deadline for running for office.

Blumberg has not made a final decision yet, but his associates say he is “increasingly concerned” that Democrats’ current main candidates are “not well-positioned” to defeat the US president next November. / Virginia Governor Ralf Nortam at the Democratic Victory Celebration in Richmond, November 5, 2019.
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“If Mike runs, it will give the Democrats a fresh election, built on the unique performance of running America’s largest city, building a business from scratch and taking on some of America’s biggest challenges – as a philanthropist with great influence,” said Bloomberg spokesman Harvard Wolfson.

Blumberg is a former Republican, who turned into an independent politician, and supported the Democratic nominee in the 2016 Hillary Clinton election. He served as mayor of New York from 2002 to 2013 and knows his New York counterpart Trump, whom Blumberg considers a “dangerous demagogue” who exaggerates his business success.

Blumberg is at the forefront of the financial services empire and owns television and radio networks and magazines that focus on financial advice.

Of the four leading Democratic candidates, Bernie Sanders and Elizabeth Warren, they stand for the liberally-advanced option, according to American political standards, while Joe Biden is more in the center.

/ Participants in the debate on potential Democratic presidential candidates in Westerville, Ohio, October 15, 2019 (Photo: AP)
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If he enters the race, he is likely to join the Democrat side as a moderate.

The former New York mayor is concerned that he believes the current group of candidates is not good enough to defeat Donald Trump in the 2020 election, his advisers said, BBC reports.

So far, a total of 17 Democrats are in the running to become the Democratic presidential candidate.

Seventy-seven-year-old Blumberg has not finally decided whether to enter the race, his advisers said, but added that he is taking steps to file papers this week to compete in Alabama’s intra-party election contest. These elections take place on March 3 next year.

Former US Vice President Joe Biden, Massachusetts Senator Elizabeth Warren and Vermont Senator Bernie Sanders are among the Democratic candidates for the party’s presidential candidate.

According to some recent polls, Warren and Sanders, thought to be more left-wing than Biden, could lose to Republican Trump if either of them became a Democratic presidential candidate.

If he were to enter the race, Blumberg would have to quickly try to catch up with other leading Democratic challengers, such as Biden and Warren, who have been traveling the country for months and talking to voters, the AP reports.

Former New York City Mayor and billionaire Michael Blumberg has said he will set aside half a billion dollars to force politicians to accelerate the transition to clean energy.

Blumberg, 77, told students at the Massachusetts Institute of Technology (MIT) that “the problem of global warming is first and foremost political,” not technological. He is very involved in the fight against global warming and has been appointed UN Special Envoy for Climate.

“We will be fully involved in future elections and will fight those who try to block clean energy initiatives in the polls,” said Blumberg, who declined to run for U.S. president in March.

Although he welcomed the “healthy debate” of Democratic presidential candidates on climate-related proposals, the billionaire called “hypocritical” those proposals that set a goal for 2050, “when they will be gone”.

He, however, regretted that even sincere proposals “could by no means be translated into politics before 2021”.

Blumberg mocked the US government, “the only world government to withdraw from the Paris Agreement,” and compared its denial of the role of human action in climate change to “those who claim the mission to the moon was fabricated.”

He intends to use half a billion dollars to reach an agreement to shut down all coal-fired power plants in the United States by 2030, either by supporting candidates willing to engage, either through litigation or lobbying.

He said that since 2011, 289 thermal power plants have been closed.

President Donald Trump has pledged support to the coal industry in the election campaign. There are approximately 240 thermal power plants active in the United States.

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