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Without Perot, Clinton would never have been elected. A Bloomberg candidacy would be a massive gift to the Democratic candidate, splitting the Repub vote, IMHO.
However, he may well be more like Lieberman - drawing all the Repub vote, and enough timid Dems to get in. But I think a living-in-sin NY City Jewish type might find it hard to scare up votes among the bible-thumpers.