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Former NYC Mayor Bloomberg Getting Ready for 2020 Presidential Race

Former New York City Mayor Michael Bloomberg is getting ready to jump into the 2020 presidential race.

According to Axios, Bloomberg is going to run because he fears former Vice President Joe Biden is not doing well enough which leaves the door open for Senator Elizabeth Warren (D-Mass) to get the Democrat nomination.

The rise of Warren has Wall Street very concerned over her push for a wealth tax and corporate tax.

Bloomberg has an estimated fortune of $52 billion and he is apparently willing to spend what it takes to win the White House.

A filing deadline in Alabama is approaching and was the trigger for Bloomberg to seriously investigate a run for president.

The socialism-leaning 2020 candidates Senators Warren and Bernie Sanders (I-Vt) were quick to respond to Bloomberg and targeted his wealth.

Bloomberg sees an open lane to run as a moderate with Biden not getting traction.

Despite the spin, Bloomberg is not a moderate – he has extreme views on gun control and climate change.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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