You really have to wonder what Bloomberg thinks he’s bringing to the field right now, besides the ability to spend huge amounts on advertising. His policy stances are by and large similar to Biden, so this isn’t to introduce new ideology, and he comes with the baggage of deeply unpopular policies he enacted while acting as the Republican mayor of NYC. His entry into the race does little but underscore the dangers of allowing monied interests to have too much power in our political system.