Would Bloomberg Bid Lead to Palin as Prez?

Written by FrumForum News on Monday October 25, 2010

John Heilemann at New York Magazine imagines the fallout from an Obama-Palin-Bloomberg 2012 matchup:

Until not long ago, the only people who took seriously the notion that Palin would make a White House bid in 2012, let alone win the Republican nomination, were those who really do live at the unicorn ranch—and spend their time there huffing pixie dust. When Palin quit the Alaska governorship in 2009, her political career seemed over. And even after she resurrected herself, emerging through her media ubiquity and her aggressive endorsement strategy as arguably the most powerful figure in the GOP, much of the political world believed that she was animated by non-presidential motives. To further pad her bank account. To redeem her reputation. To turn herself into the party’s preeminent kingmaker. Or possibly all three.

But today the conventional wisdom about Palin is being revised again, nowhere more so than within the ranks of professional Republicans. Among two dozen senior strategists and operatives with whom I’ve spoken in recent days—including many of those responsible for securing the nomination for the party’s last three standard-bearers—there is a growing consensus that Palin is running or setting herself up to run. All agreed that her entry would radically and fundamentally transform the race. Most averred that if she steps into the fray, she stands a reasonable chance of claiming the Republican prize. Indeed, more than one argued that she is already the de facto front-runner.

For many Republicans, a Palin nomination would be a shrieking nightmare—just as for most Democrats, it would be a wet dream. (Asked about the possibility by reporters, David Plouffe, Obama’s 2008 campaign manager, quipped, “Something tells me we won’t get that lucky.”) The emotions here are diametrically opposed but based on a shared conviction: that Palin, whose national approval rating in a CBS News poll this month stood at a lowly 22 percent, is irredeemably unelectable, and thus her nomination would essentially guarantee Obama a second term.

Or would it? In a two-way contest, almost certainly. But what if a Palin nomination provoked a credible independent candidacy? What if the candidacy in question was that of, oh, Michael Rubens Bloomberg? What would happen then?

That’s a lot of ifs, I hear you saying, and you are not wrong. Yet none of these twists is actually all that implausible. In fact, the likelihood of Bloomberg’s running is just as great as, if not greater than, it was when he considered taking the plunge in 2008—and that specter is very much on the minds of Obama’s people. In the past few months, the White House has made a gaudy show of sucking up to the mayor: inviting him to play golf in Martha’s Vineyard with Obama, floating his name as a potential Treasury secretary, dispatching Joe Biden and Tim Geithner to have breakfast with him and seek his economic counsel. The motivations behind the blandishments are many, but not the least is to blunt the Bloomberg threat—to keep him on the sidelines in 2012, where he and his billions would pose no danger of redrawing the electoral map in unpredictable and perilous ways.

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