Is the Democratic Party ready for receivership? Clearly not, judging by the beating that billionaire Michael Bloomberg absorbed last week in his first debate, in Nevada. The more interesting question is whether the Democrats might be ready to surrender to one by July, when the Democratic National Convention meets in Milwaukee. Bloomberg is meeting with his advisers this weekend to consider how to respond to the hazing he received in Las Vegas, especially from Massachusetts Sen. Elizabeth Warren. Here’s the way Courtney Weaver, US political correspondent for the Financial Times, put it in her excellent Big Read dispatch yesterday, “A…