From Bloomberg (the firm not the man):
New York Mayor Michael Bloomberg, who has been mentioned as a potential U.S. presidential candidate, said he doesn’t believe an independent can win.
Bloomberg, who isn’t affiliated with Republicans or Democrats, said a candidate running outside the two-party system couldn’t get a majority of the 538 votes in the Electoral College, which would trigger a provision in the U.S. Constitution giving the House of Representatives power to decide the election.
“Unless you get a majority, it goes to the House,” he said today during a conference sponsored by the Wall Street Journal in Washington. “It’s going to go to the Republicans because the Republicans have just taken over the House.”
I guess billionaires can do backward induction. If only people who can do backward induction were billionaires….
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November 21, 2010 at 12:21 pm
Frank Rich Doesn’t Know that Bloomberg Understands Backward Induction « Cheap Talk
[…] Bloomberg want to make this happen? It seems not as I noted last week: Bloomberg, who isn’t affiliated with Republicans or Democrats, said a candidate […]