Former NYC Mayor Michael Bloomberg has decided that he will not enter the Presidential race, for fear of tipping the election to Donald Trump.


Bloomberg had laid the groundwork for a billion-dollar campaign, self-funded, according to the New York Times. A Bloomberg campaign video is included in the story. He had done extensive polling, hired a staff, had selected a likely running mate, and had offices ready to go in different states.


In a forceful condemnation of his fellow New Yorker, Mr. Bloomberg said Mr. Trump has run “the most divisive and demagogic presidential campaign I can remember, preying on people’s prejudices and fears.” He said he was alarmed by Mr. Trump’s threats to bar Muslim immigrants from entering the country and to initiate trade wars against China and Japan, and he was disturbed by Mr. Trump’s “feigning ignorance of David Duke,” the white supremacist leader whose support Mr. Trump initially refused to disavow.