How Michael Bloomberg could become kingmaker, even if he doesn’t become the Democratic nominee

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After months of being dismissed as a vanity candidate, Michael Bloomberg has emerged as a real player in the Democratic nomination fight. Panic over the rise of Sen. Bernie Sanders and the collapse of Joe Biden has played right into the hands of Bloomberg, who has been pitching himself as a more vigorous centrist alternative to the socialist wing of the party.

No doubt, Bloomberg’s unorthodox strategy of waiting until after the early primary states to make a move still makes him a long shot for the nomination, especially given his history as a Republican — which includes endorsing George W. Bush for reelection.

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