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Bloomberg dismisses Howard Schultz's theory on moderate voters

Former New York City Mayor and billionaire Michael Bloomberg is out with a statement on the viability of an independent candidacy, which Starbucks CEO Howard Schultz is openly mulling.

What he's saying: "The data was very clear and very consistent. Given the strong pull of partisanship and the realities of the electoral college system, there is no way an independent can win. That is truer today than ever before."

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