If Mike Bloomberg gets into the race for President, he would probably do so early next year, just when both parties are poised to pick their nominees and inevitably fall into a protracted period of buyer’s remorse.

In the entertainment industry, among even top supporters, it is bound to happen.

Democrats fear that his social liberalism will help draw disaffected voters from their flock. Republicans are wary not only because Bloomberg’s rejection of the GOP has garnered so much attention, and will continue to do so, but because the New York mayor has drawn such high praise from Gov. Arnold Schwarzenegger. He insists he’s staying with the Republican party, but he calls Bloomberg an "excellent" candidate. What does that say about the current field of the GOP?

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