Many observers feel for a variety of reasons that Mike Bloomberg will become the nominee of the Democratic Party. Senile Biden is weakening as Bloomberg grows stronger. The party won't make the mistake of nominating an Independent socialist, and the progressive, Warren, is also losing support since she explained how free everything would be paid for. There are serious doubts the party will experiment at this crucial time with a female or gay candidate.
That leaves Mike Bloomberg.
If so, Trump has no chance once Americans compare the two, and Trump's forever loyal and uninformed base is not sufficient to carry him to the top.
Let's compare the two. Bloomberg made it on his own. Bloomberg was born at St. Elizabeth's Hospital, in Brighton, a neighborhood of Boston, Massachusetts, on February 14, 1942, to William Henry Bloomberg, a bookkeeper for a dairy company, and Charlotte (Rubens) Bloomberg. His family is Jewish. Bloomberg's paternal grandfather, Alexander "Elick" Bloomberg, was an immigrant from Russia. Bloomberg's maternal grandfather, Max Rubens, was an immigrant from what is present-day Belarus.
In 1973, Bloomberg became a general partner at Salomon Brothers, a large Wall Street investment bank, where he headed equity trading and, later, systems development. In 1981, Salomon Brothers was bought by Phibro Corporation, and Bloomberg was laid off from the investment bank. He was given no severance package, but owned $10 million worth of equity as a partner at the firm.
Using this money, Bloomberg, having designed in-house computerized financial systems for Salomon, went on to set up a company named Innovative Market Systems (IMS). Today, Bloomberg is worth $61.8 billion.
Trump's estimated net worth is $3.1 billion, and he was born with a silver spoon. All his wealth is inherited from his father, including consultants who keep the Trump organization profitable despite Trump's countless expensive mistakes. Lawyers are making a fortune off of Trump with his numerous bankruptcies and lawsuits.
Trump's Presidency is a disaster. He has done nothing for our booming economy except threaten it with high tariffs and a trade war with China. His domestic policy is nonexistent as he spends all his time protecting his friends from prosecutors. Six of his close associates face prison time, including his campaign manager and deputy campaign manager, along with his personal lawyer (Cohen) and former NSA. His foreign policy is catastrophic, creating a threat to our national security. He does not get along well with the leadership of our allies and friends while embracing autocrats like Putin, Kim, and Xi. Because of his obvious bias towards Israel, the U.S. has been thrown out of Middle East talks, replaced by Russia.
Bloomberg is honest to a fault. Indeed, as we speak, Bloomberg is being assaulted by some for his brutally honest statements of the past.
Compare this to Trump. We no longer can trust anything the President says. Think of that. Americans can't trust what their President says. Why? Three years after taking the oath of office, Trump has made more than 16,200 false or misleading claims — a milestone that would have been unthinkable when Fact Checker’s database was first created. The data analyzes, categorizes and tracks every suspect statement Trump has uttered.
No sitting President has ever faced a formidable opponent like Bloomberg, and Bloomberg is determined to unseat Trump. Whatever Trump does, Bloomberg will counter with 17 times the impact. This will be new to Trump who is used to getting his way as President. During the upcoming campaign, that will no longer be true.
Trump doesn't stand a chance.
