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Michael Bloomberg Is Open to Spending $1 Billion to Defeat Trump
New York Times ^ | January 11, 2020 | Lisa Lerer

Posted on 01/11/2020 4:19:10 PM PST by karpov

SAN MARCOS, Texas — Michael R. Bloomberg on Saturday did not rule out spending a billion dollars of his own money on the 2020 presidential race, even if he does not win the Democratic nomination, and said he would mobilize his well-financed political operation to help Bernie Sanders or Elizabeth Warren win in November if either is the party nominee, despite their sharp policy differences.

Mr. Bloomberg’s plans would effectively create a shadow campaign operation for the general election, complete with hundreds of organizers in key battleground states and a robust digital operation, ready to be inherited by the party nominee — regardless of who that nominee may be.

Already, Mr. Bloomberg has spent more than $200 million on advertising, putting him on pace to spend by early March about the same as what President Barack Obama’s campaign spent on advertising over the course of the entire 2012 general election. If Mr. Bloomberg fails to win the nomination, future spending would be redirected toward attacking Mr. Trump.

“It depends whether the candidate needs help; if they’re doing very well, they need less. If they’re not, they’ll need more,” he said in an interview after a lunch stop at a barbecue restaurant during a campaign swing through Texas.

While he did not rule out dropping a billion dollars on his effort, the former mayor of New York City blanched slightly at the size of the number, before mentioning the $2.8 billion he spent on charitable contributions last year, with the bulk going to his alma mater, Johns Hopkins University.

“You know how much money a billion dollars is?” said Mr. Bloomberg. “It’s a lot of money to me. It’s a lot of money to anybody.”

(Excerpt) Read more at nytimes.com ...


TOPICS: Politics/Elections; US: Delaware; US: Hawaii; US: Indiana; US: Massachusetts; US: Minnesota; US: New Jersey; US: New York; US: Washington
KEYWORDS: 2020election; 2ndamendment; abortion; amyklobuchar; banglist; berniesanders; bloomberg; campaignads; campaignfinance; clowncar; delaware; dnctalkingpoint; dnctalkingpoints; election2020; elizabethwarren; fauxahontas; genderdysphoria; getshorty; globalwarminghoax; greennewdeal; hawaii; homosexualagenda; howardschultz; indiana; infanticide; joebiden; joeclowncarbiden; lisalerer; massachusetts; mediawingofthednc; medicareforall; michaelbloomberg; mikebloomberg; mikepence; minnesota; newyork; newyorkcity; newyorkslimes; newyorktimes; nra; obamacare; partisanmediashills; petebuttigieg; presstitutes; sanmarcos; secondamendment; slingingbull; smearmachine; southbend; starbucks; tulsigabbard; vermont
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If Bloomberg can spend billions on "independent" expenditures that aren't, why should individuals be limited to donating $2800 to campaigns? Why was it a big deal for Citizens United to make a film attacking Hillary Clinton?

According to Predictit the Republicans now have an even change of keeping the Presidency. A few months ago they were 55-45 underdogs. We should not panic about Bloomberg, but our campaign finance restrictions should be lifted if he can bulldoze them.

1 posted on 01/11/2020 4:19:11 PM PST by karpov
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To: karpov

He can buy all the propaganda video’s he wants, it still won’t sway any voter for Trump.


2 posted on 01/11/2020 4:21:58 PM PST by SkyDancer ( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
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To: karpov

Pretending to run for President is the only way he would be allowed to contribute a billion dollars to the DemocRAT cause.


3 posted on 01/11/2020 4:22:02 PM PST by E. Pluribus Unum (Democrats only believe in democracy when they win the election.)
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To: karpov

Sanders and Warren just as well be called McGovern and Mondale. HAHA


4 posted on 01/11/2020 4:22:49 PM PST by CMailBag
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To: E. Pluribus Unum

Actually it’s no longer the “DemocRAT’s”; they’re now “Demiranians”


5 posted on 01/11/2020 4:23:25 PM PST by SkyDancer ( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
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To: karpov

Rules don’t apply to democrats.

Bloomberg, you go girl! I am behind you 100%. I really am. blow that party apart!


6 posted on 01/11/2020 4:23:44 PM PST by waterhill (I Shall Remain, in spite of __________.)
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To: karpov
Go ahead and spend it, Michael, but it'll take a lot more than a billion dollars to stop the man who promises to MAKE AMERICA GREAT! and who TRUSTS IN GOD!"
7 posted on 01/11/2020 4:23:47 PM PST by Savage Beast (The curse of intelligence is having to watch the morons try everything you know won't work.)
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To: E. Pluribus Unum
Pretending to run for President is the only way he would be allowed to contribute a billion dollars to the DemocRAT cause.

The article says "If Mr. Bloomberg fails to win the nomination, future spending would be redirected toward attacking Mr. Trump." So he can still spend billions even after he fails to get the nomination, as long as his spending is "independent" (snort) of the Democratic candidate's campaign.

8 posted on 01/11/2020 4:24:45 PM PST by karpov
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To: E. Pluribus Unum

Bingo!


9 posted on 01/11/2020 4:25:47 PM PST by yldstrk (Bingo! We have a winner!)
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To: karpov

Go right ahead, Chump. First of all, you’re not getting the nomination any more than “Pig” Steyer and all his ads will. Secondly, Trump will slaughter you in the general election. The most successful economy of this century vs the guy who ran NYC into the dust? Easy choice for anyone with some objectivity.


10 posted on 01/11/2020 4:28:03 PM PST by OrangeHoof (The Democrats - Unafraid to burn in Hell.)
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To: karpov

....a fool and his money.....


11 posted on 01/11/2020 4:28:54 PM PST by SERKIT ("Blazing Saddles" explains it all.......)
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To: All

If spending money meant getting votes than Clinton would be president.


12 posted on 01/11/2020 4:30:08 PM PST by escapefromboston (Free Assange)
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To: karpov

I welcome Bloomberg being 1 billion dollars poorer for no results.


13 posted on 01/11/2020 4:30:48 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: SERKIT

....a fool and his money.....

are soon partners.

Murphy’s Law...


14 posted on 01/11/2020 4:31:22 PM PST by Paisan
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To: OrangeHoof

Steyer is a detestable puke. He is heavily invested personally in this green crap he is pushing. A hedge fund thief and a fraud.


15 posted on 01/11/2020 4:31:54 PM PST by gov_bean_ counter (Trump didn’t want an AG, he wanted a consigliere.)
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To: karpov

Let Bloomy spend all that Ill-gotten gain in vain.


16 posted on 01/11/2020 4:32:00 PM PST by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: karpov

17 posted on 01/11/2020 4:32:43 PM PST by MinorityRepublican
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To: karpov

Media: “A billion dollars? Yea for Bloomberg!”


18 posted on 01/11/2020 4:33:11 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: karpov

All the money in the world won’t save the Democrats. They don’t get it.


19 posted on 01/11/2020 4:34:24 PM PST by FreeperCell
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To: karpov

A billion won’t make him any taller or give him a personality.


20 posted on 01/11/2020 4:35:07 PM PST by Pirate Ragnar
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