An alliance of centrist Republicans and Democrats is seeking to organize a grass-roots movement targeting the middle of American politics, a political sphere depopulated by the midterm elections and a vital tool for any potential third-party presidential candidate.
The group, called “No Labels,” has drawn support from supporters and advisers of New York City Mayor Michael Bloomberg, the country’s most powerful independent politician, raising questions about his national political ambitions. Mr. Bloomberg has been invited to attend the group's Dec. 13 launch.
Political analysts see a potential Bloomberg bid if Washington’s divided government turns into gridlock, if the economy doesn’t improve, and if former Alaska Gov. Sarah Palin and President Obama are the likely nominees. Mr. Bloomberg said he wouldn’t consider running in 2012. “I have the best job in the world,” he said.
Full Story: Aiming for the Political Middle – WSJ.com