Michael Bloomberg and Third Party Dreams

Thomas Friedman’s Sunday Times column about the prospects for a third-party candidate has drawn a good deal of blogospheric scoffing, but Nate Silver says not so fast–that the scenario is more viable than many people think:

So will Mr. Friedman see his dream candidate? Probably not. But if Mr. Friedman’s prediction is expressed too confidently, those who are critiquing him are making too much of a data set — the performance of third-party candidates in recent Presidential elections — that contains too few salient examples. Presidential elections are rare things to begin with, and it’s been rarer still to have a set of circumstances that are potentially so conducive to an independent bid.

The question is who might make such a run in 2012. Donald Trump is having some fun right now, but it’s pretty tough to imagine him as a serious candidate. None of the independents or “mavericks” of the Senate fit the bill. (Hard to see Joe Lieberman giving it another shot.)

The obvious candidate is Michael Bloomberg, whose admirers often tout him as a potential White House material. But I was struck by how firmly Bloomberg’s close friend (and investment manager) Steve Rattner seemed to dismiss the idea on “Morning Joe” a couple of days ago:

Michael Bloomberg made a lot of his money–all of his money on data–he’s a very data-driven guy. And he’s looked at the data and he… [thinks that] in a best case you get a plurality, you’re thrown into the House of Representatives and you don’t have anybody there to vote for you…

But even before you get that–he’s looked back at history, he’s studied all these third-party candidates candidates. … whether it’s John Anderson or Ross Perot or Teddy Roosevelt, and nobody has ever really gotten anywhere in the third party business. And he’s not gonna start unless somebody convinces him he’s missing something.

Bloomberg may be the the only potential savior of third-party cheerleaders. But if Rattner’s right, he’s just not interested.

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  • kevin

    Bloomberg’s a smart guy. Unlike Friedman and Broder and all the other conventional wisdom churners who think the Magical Unity Pony is ever going to happen.

  • Jim, Foolish Literalist

    Could one of you smart people tell me what platform the Magical Unity Candidate is going to run on? Is it the gas tax or gutting Social Security that’s going to draw the Silent Radical Center Majority out to vote for Candidate Fantasy Billionaire Outsider? And wasn’t Governor Arnold supposed to play this role in the nation’s “political laboratory”? Anybody notice that didn’t actually work?

  • newfreedomblog

    Bloomberg has nearly destroyed New York City. Why would we ever want him as President?

  • destor23

    A truly centrist candidate, meaning that they represented the views of a majority of Americans, wouldn’t at all resemble what Friedman and people like him think a centrist candidate would look like.

    They would immediately dismiss making cuts to Social Security, one of the most popular government programs in history.

  • nflfoghorn

    The KONY (King of NY) has oodles of $ but he’ll have to do a whole lot more to get any traction on a prez bid – namely, inter alia [another cute Latin phrase]:
    1. get married (again)
    2. divest himself from his media conglomerate
    3. make himself distinct from the two parties (so far he’s closer to Dems ideologically)
    4. smack Chris Christie upside the head.

  • narcogun

    Could we have some explanation please?

    As a tourist whose favorite destination is NYC — and someone who would move there in a second if he could afford it — I’m not sure what Mayor Bloomberg has screwed up. I’m also not sure whose administration the worst of the police brutality scandals have taken place in, although I know they started with Mayor Giuliani. Besides, I doubt if that’s a major concern with you Rusty.

    It doesn’t bother me that there is still no West Side Highway. As a visitor I always leave the care in Staten Island and take the ferry. I’m not even sure where the current mayor stands on that one.

    As an outsider looking in, I only hate the real estate prices. Besides, the high rents have what has chased most of the crime out of town and to the outer boroughs. Please spare me any Rudy testemonials about ‘broken window” policies.

  • shepherdwong

    The centrist solution always begins by ignoring the problem. We don’t need a third party, we need to remove the stranglehold that corporations have on the current two. Period.

  • shepherdwong

    …and yeah, sure, having a third party led by a billionaire corporatist will fix everything. Idiots.

  • narcogun

    Wait! it just came to me. You’re still upset about Mayor Bloomberg supporting the right of the folks who want to expand that Muslim community center near Ground Zero. You’ll notice that I didn’t call it a mosque. That project is no more a mosque than my local YMCA and YMHA buildings are churchs and synagogues.

  • destor23

    It’s funny but one of Friedman’s argument was that this third party savior would deliver “real financial reform.” But Bloomberg fought financial reform every step of the way. Why would a guy who made his fortunate on Wall Street and is friends with everyone on Wall Street change a lifetime of habits in the White House?

  • nflfoghorn

    My main beef about the KONY is that he should’ve settled for two terms. If he wanted to serve a third he shoulda sat out one and then run again. What does he think his city is – Chicago?

  • Ivy_B

    Not to worry, it will all be solved in X Friedman Units.

  • Ivy_B

    OT, but nfl, is the St. Petersburg Times a right leaning paper? Adam Smith from that paper was on Here and Now today giving his opinion of the Florida races and it sure didn’t sound like an independent evaluation.

  • newfreedomblog

    Apparently you failed to see this post in another thread.
    .
    http://www.cnbc.com/id/39531849
    .

    “New Yorkers’ Income Falls for 1st Time in 70 Years”

    .
    Part of the problem is the tax and spend policies which the most liberal State in America has adopted has caused nothing short of a major movement of people who have money to leave New York City in particular.
    .
    Combine the very unfavorable business environment that the Mayor has established in NYC, coupled with the high cost of simply living there, not many people can afford to live in New York anymore.
    .
    However, I wouldn’t give you two wooden nickels for the entire city, just saying is all.

  • gadsbys

    Abe Lincoln was a third party candidate.

  • grape_crush

    Apparently you failed to see this post in another thread.
    .
    Apparently you failed to read beyond the headline. From your link:

    “One reason for the hit to New Yorker’s pocketbooks is Wall Street’s dominance among the state’s employers; pay and job security are often highly volatile in the securities industry.
    .
    Though Wall Street went on a bit of a hiring spree in early 2010, these employers, whose earnings drive the city and state economies, have gone back to handing out pink slips, he said.
    .
    During the first eight months of this year, they sliced 4,200 positions, which means 31,300 securities industry jobs have been lost since January 2008, the report said. [...]
    .
    ‘Job growth has been concentrated in New York City and its suburbs, which added a total of 90,000 jobs since December 2009…’”

    Another comment FAIL for FreeDumbLog.

  • http://gum0nshoe.wordpress.com gumOnShoe

    @ Open of thread. “We don’t need a third party”
    .
    I’d argue we need an additional 6 or 7 parties. The problem is not just corporate interests, but a complete lack of unified platforms and a plenitude false dichotomies.
    .
    I may not like the communist, socialist, or fascist parties, but at least I know where they stand and what I’m voting for.
    .
    What the H— does Democrat or Republican even mean?
    .
    If I went by strict definition. A republican would aim for the people to be represented by intermediates & a democrat would want the people to rule by popular opinion. I see nothing remotely related to either.

  • sacredh

    And if he was alive today, his crazy wife would run (and win) as a Tea Party candidate.

  • newfreedomblog

    Oh poor little grapey-slush, as it says in the article, “one of the reasons”…..just ONE of the reasons. The article didn’t go into all the other reasons NYC is failing big time under the guidance of his Fuhrer Bloomberg.
    .
    Next!!

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  • sacredh

    “YOU MUST NOT MISS IT!!!”
    .
    Or else what? Are you threatening us? Will you hunt us down and give us wedgies? Hold us down and tickle us until we pee? Stare at us and make us uncomfortable? Talk about us behind our backs?
    .
    You’re the Borgen Project. I gave you 30 billion last year. Leave me alone. And guess what? They’re still hungry because they used all that money to buy SUV’s and flat panel tvs.

  • shepherdwong

    I’ll make a deal with you. Let’s get public political campaigns fully funded with public money and/or small donor contributions, then you can have as many political parties as you desire – if you still think we need more.

  • nflfoghorn

    I_B, even though it’s in the heart of SeniorCitizenLand, the Times is very left-leaning.

  • nflfoghorn

    “PYAPAL”
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    Cripes, you gave ‘em all that $…and they STILL can’t use SpellCheck???

  • Ivy_B

    Thanks. Oh dear. Things may be worse than I thought. ;-)

  • apr2563

    Newrusty just hates that nasty old city of NY. Yet, he wants to save it from having a muslim center 2 blocks from ground zero.
    .
    He also seems to hate the city that nurtured and gave us some of the bravest emergency workers in the nation. He hates the city where brave people and families survived a unbelievable disaster.
    .
    I know, they aren’t “real Americans”.

  • apr2563

    Ivy, I was going to mention the “Friedman units”. Unbelievable that the traditional press take this man seriously. Of course, it gives them another opportunity to pass along rumors rather than reporting real, factual news.

  • apr2563

    I am disappointed to see Nate Silver involved in the Friedman nonsense.

  • nflfoghorn

    Editorial-wise, anyway. Its journalism is pretty throrough though. It’s owned by the Poynter Institute (www.poynter.org), a far cry from Big Media. The Times also runs PolitiFact (www.politifact.com) which separates truth from truthiness in media ads.

  • nflfoghorn

    Base-covering. He just doesn’t want to be wrong!

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