Michael Bloomberg Lost Count!

Michael Bloomberg drops out of the race.

Former New York City mayor Michael Bloomberg announces he's dropping out the race and is planning on endorsing Joe Biden. He said that he will continue to push advertising to help Democrats beat Trump.

Bloomberg, who came in the race late was self-financing his election. He was focusing on the Super Tuesday states instead of the traditional Iowa Caucuses, New Hampshire Primary, Nevada Caucuses and South Carolina Primary.

Former Vice President Joe Biden took hard losses in Iowa, New Hampshire and Nevada. However, his main rival Sen. Bernie Sanders (I-VT) found his path to the delegation shrink after taking brutal hits in states that normally run towards him. Sanders' remarks about "the establishment" and his supporters turned off voters.

Bloomberg saw his popularly sharply decline. He entered his first debate unprepared. He didn't expect Sen. Elizabeth Warren (D-MA) to come out with allegations of sexual harassment, his tax returns and his "buying his way to the White House" attacks.

He didn't prepare for the debate and it hurt him badly.

Bloomberg didn't come with the heat. He didn't defend his record as New York City mayor. They accused of him of being a racist and sexist. Bloomberg was accused of enforcing the "stop-and-frisk" policies. The New York Police Department were ordered to stop the practice by a federal court.

Bloomberg did fume about it.

Bloomberg did not hit back on the Obama embrace. Bloomberg endorsed Barack Obama in 2012.

He didn't even call out Warren for being a former Republican. He did at least call out Sanders for not acknowledging to supporters the Russian Federation is deliberately interfering in the primaries.

Bloomberg did not get an opportunity to call out Warren for her fake Native American status. He got hammered of being wealthy.

The failure to take on Warren, Sanders and Biden kind of hurt his chances with voters. Even though, I voted early for Bloomberg, I am still proud to do so. I don't care whether he's a billionaire or not, I rather see the defeat of Trump and Republicans. It doesn't matter how it's done.

"Today, I'm sorry we didn't win but it's still the best day of my life and tomorrow's going to be even better," said Bloomberg in New York City.

Bloomberg thanked his staff, supporters and the Democratic candidates running for the nomination.

The goal is to stop Donald Trump. I will do everything to help Democrats win this election.

"You devoted your days and nights doing the most important job in America -- defeating Donald Trump," he told the crowd.

"No campaign has ever achieved as much as you did in such a short period of time." He said that he got 2 million votes after knocking on doors and canvassing out.

Bloomberg only claimed victory in the U.S. territory of American Samoa.

The data-centric Bloomberg said there was no path to victory any more.

"I am clear eyed about our overriding objective, and that is victory in November. Not victory for me or our campaign but for our country."

Bloomberg had said that the time is now to get behind a candidate who can defeat Trump.

Bloomberg called Biden "my friend and a great American" to a strong applause.

"This really is the best, most creative, most hard-working campaign team ever assembled," said Bloomberg. "And I have to say, there is no doubt in my mind we would've beaten Donald Trump in November. And you know who else knows that? Donald Trump. He's been scared stiff of us for good reason. Because every time he hit us, we hit back twice as hard. And unlike his jabs, our punches packed the truth."

Bloomberg immediately backed Biden and slammed Sanders and Warren as candidates who will not appeal to the coalition of Americans.

I'll explain that in the next posting.

Bloomberg who entered the race was hoping to be the alternative to Biden, Sanders and Sen. Elizabeth Warren (D-MA). He quickly started putting advertising on television and radio.

From this point, I'm going to support Joe Biden from this point on. I have my fears that Biden will likely lose to Donald J. Trump. If he doesn't get a rabid base of supporters and agitators willing to "never apologize" for calling out Trump and Republicans, he'll gain traction.

Trust me, calling Trump and mentally ill man or a retard will not hurt Democrats. It'll rile up Republicans.

"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."

"Today I am glad to endorse [Joe Biden] -- and I will work to make him the next President of the Untied States."