After announcing last night that he was in for the duration, former New York Mayor Michael Bloomberg announced in a statement moments ago that he was suspending his campaign for the Democratic nomination. He also announced that he will endorse Joe Biden.
The statement reads in part:
I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden.
I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.
It will likely come as news to Biden that those are things he stands for since his positions have vacillated wildly since he first threw his hat in the ring for the third time in April 2019.
As for Bloomberg, the questions that remain include whether he will cede the 12 delegates his half a billion dollars bought him to his buddy, Biden. Perhaps instead he will retain them as a souvenir of his failed and unprecedentedly costly efforts to buy the presidency.
As the voting tallies began to flood on Super Tuesday, Bloomberg commented that he had won three elections in the past and saw no reason why he would win this one. Apparently, his vast business acumen failed him on this occasion.