Mike Bloomberg prepared to spend at least $100 million on a 2020 campaign for president if he...

[Yavin4]

decides to run

Billionaire Mike Bloomberg is prepared to spend well over the $100 million he put into his last campaign for New York City mayor if he runs for president in 2020. And he does not plan to accept any outside money from political action committees if he jumps into the race, CNBC has learned.

Howard Wolfson, Bloomberg's top political advisor, in an email hinted at how much his boss would look to invest into his own potential campaign for president.

Which means that he will get extremely favorable coverage from the media. Why? Where will he spend the bulk of that $100 million? On TV ads of course. Buying big blocks of ads == favorable coverage.

[Tribalceltic]

1. Gee another Businessman runing

What could go wrong?

[Blue_true]

14. He has political experience, he ran NYC for like 12 years. nt

[PJMcK]

38. Not quite an appropriate observation for two reasons

One, Michael Bloomberg is REALLY a successful businessman. He built profitable companies that continue today. He's also truly rich, unlike Trump.

Two, Mr. Bloomberg has 12 years of experience in government having been a decent mayor of New York City.

Another thought is that Trump said he would self-finance his campaign which just turned out to be another lie. Mr. Bloomberg wouldn't feel it financially if he spent his own money on his campaign.

[manor321]

2. No billionaires please

Just stay out!

[StevieM]

6. How about we allow anyone in, regardless of income, but don't vote for people who supported

Bush/Cheney for re-election.

[InAbLuEsTaTe]

19. But, but... at least he's a registered Democrat, right?

[tblue37]

23. He has been D, R, and I at various times. nt

[jrthin]

3. Ugh! Hated him as NY mayor, sure my opinion won't change. nt

[BeyondGeography]

4. Rockefeller Republican

Hard to see him getting to 1st base in our primary. I will say that his takedown of Trump at the DNC in 2016 was unsurpassed.

[Dennis Donovan]

43. What we considered Rockefeller Republicans back in the day...

...are considered Hippies by today's GOP.

[OrlandoDem2]

5. Won't get my vote!

[ooky]

53. He's not very likely to get my primary vote.

But if he ends up the Democrats general election candidate he will get my vote.

It just has to be that way.

[Cha]

7. As what? 3rd party?

[AlexSFCA]

8. how is gonna connect to voters in midwest?

[BlueStater]

9. Oh, goody. Another 80-year-old fossil running for president.

Nothing like having the future shaped by people who won't be alive to experience it.

[moondust]

10. He was on Meet The Press today.

NBC had him labeled as a (D).

The discussion was mostly about climate change. He seems to understand the seriousness of it. Obviously not an idiot.

He said he would probably decide about running in January or February. When asked what he thought his chances would be among Democrats, he said he had won his mayoral race three(?) times in Democratic, minority-majority NYC.

That's all I remember.

[VOX]

11. As exciting as drying concrete.

Now, if that concrete was being fitted for a pair of “shoes” for 45, you might have something.

Just what America needs, another Mr. Moneybags who absolutely KNOWS the ins and outs of diplomacy, negotiation and governmental protocols. NEXT!

[X_Digger]

12. Fuck that 'Stop and Frisk' proponent. n/t

[Hoyt]

29. He definitely would not be a favorite of gun toters.

[X_Digger]

45. Or the ACLU. Or non-racists. Or people who value the 4th amendment. n/t

[Hoyt]

56. Somehow, I don't see racist gun-fanciers supporting Bloomberg. He's spent too much on sensible

gun control countrywide.

[X_Digger]

60. Authoritarian assholes with no respect for privacy might.

Last edited Mon Dec 31, 2018, 04:17 PM - Edit history (1)

You know, the kind who think that people have no right to be secure in their persons.

But of course, that's not you, right?



http://www.democraticunderground.com/?com=view_post&forum=1172&pid=45338

As a former robber, I locked the door to keep people out, especially police.

[AJT]

13. If he is the Democratic nominee he gets my vote.

Period

[Blue_true]

16. Same here.

But I don't expect him to be the nominee. I think that he would be a good Secretary of State in a democratic administration, he has the gravitas to repair some of the worldwide damage that Trump has done.

[InAbLuEsTaTe]

20. Same for me, no question... he won't be, but sure, just for fun, let's pretend.

[Bleacher Creature]

15. There is no amount of money that would make him a viable candidate on our side.

If he wants to stop Trump, he should put aside his ego, save his money, and get on board.

[Blue_true]

18. He is worth something north of $15 billion.

He has plenty of money to spend. I would much rather see him aggressively support the democratic nominee and then become SOS, I think he could fix lots of worldwide damage in that role. President is a little above his capability, IMO.

[Celerity]

40. Over 46 billion USD, minus the 1.8 billion he just gave to Johns Hopkins

https://www.forbes.com/sites/noahkirsch/2018/11/18/michael-bloomberg-donates-18-billion-to-johns-hopkins-university/

[Blue_true]

44. Wow, was I way off.

That's a lot of Benjamins. But if he tried to cash out completely, he would end up with less unless he sold his media empire to a big media company like NBC Universal. Family owned businesses are weird animals, typically their value is strongly tied to the patriarch or matriarch.

[sarisataka]

17. Fight fire with fire

If they going to stick with an egotistical New York Republican billionaire, we need to run an egotistical New York Republican billionaire too

[brooklynite]

26. He's not a Republican

Nor is he "egotistical".

[sarisataka]

37. He has never

held office as a Democrat. He changes parties like most people will change hats so I will not consider him a Democrat, no matter what letter he chooses to put after his name this week.

If the man who stated when he gets to heaven he does need to wait in line but passes right on in is not egotistical then no one is...

[smirkymonkey]

49. He is definitely egotistical.

Are you kidding me? I lived in NYC during much of Bloomberg's term. He is very paternalistic and believes what he thinks is best for everyone should be the law. He has a huge ego, he's just not as obnoxious and as vulgar as Donald Trump.

Also, his political affiliation seems to blow with the wind. He's an opportunist. He would be much better than Trump, but he's not what we need for this country to heal. He will never understand the problem of income inequality in this country and that is one of our greatest challenges.

[brooklynite]

50. You know Party ID is largely a flag of convenience in NY...

Giuliani used to run as a "Liberal".

If you want to question Bloomberg's policies as a measure of fitness to run for President, you're welcome to. Since he left the Mayoralty, he's been a strong supporter of Democratic candidates.

[NewJeffCT]

51. Bloomberg is a legitimate billionaire

It's highly likely that Donny Dollhands is not.

[defacto7]

21. Just get big money out of politics period.

Yeah, when hell freezes.

[edhopper]

22. if he runs as a third party candidate

he gives Trump another term.

[brooklynite]

25. Nobody has suggested that he'd run as an Independent

He is now a registered Democrat

[pwb]

33. I think the opposite , he takes votes from trump.

Democrats win....

[lindysalsagal]

59. It's a tough call, but, he won't bring in the Obama vote. And that's pretty much how 45 "won."

So, I have mixed feelings, for sure. I think we need someone with some heart and soul. Bloomberg is efficient, but won't win hearts, minds, or women.

[oberliner]

35. Michael Bloomberg on 2020: "I Would Certainly Run As A Democrat"

https://www.realclearpolitics.com/video/2018/12/30/michael_bloomberg_on_2020_i_would_certainly_run_as_a_democrat.html

[edhopper]

48. Good to hear

[brooklynite]

24. Can you provide some evidence that local ad buys result in favorable national coverage?

[flibbitygiblets]

27. Joe Biden will appreciate the donation

Thanks Mike.

[sarcasmo]

28. I won't vote for a Billionaire, ugh!

[Basement Beat]

30. Save your money bruh.

Use those funds to prop up progressive causes.

[PoorMonger]

31. Better spent in support of the actual nominee

Whoever it ends up being. And I really doubt it’s Bloomberg himself. He doesn’t seem to inspire anyone to the level we are gonna need in 2020.

[pwb]

32. Good, if he runs as an independent against trump. About time pukes had a spoiler.

Like the green party sucks votes from us every election.

[oberliner]

34. Michael Bloomberg on 2020: "I Would Certainly Run As A Democrat"

https://www.realclearpolitics.com/video/2018/12/30/michael_bloomberg_on_2020_i_would_certainly_run_as_a_democrat.html

[pwb]

36. Well that would suck then.

.

[Renew Deal]

47. He would probably suck more votes from Democrats

He’s pro-environment, pro-choice, and anti-gun.

[pwb]

54. He is Republican . And he is better than trump so i'm not sure I agree.

With the blue wave I think he would help us. But i Have been wrong.

[Renew Deal]

57. He was a RINO.

He’s been funding Democrats for years. He’s very publicly for gun control and the environment. Rigid republicans would avoid him. He could hurt us with those that want Center-left. Don’t get stuck on labels.

[pwb]

58. I still hope he runs as a Independant.

He will never win the democratic primary so he will not be a candidate unless he runs as an independent. Either way it will hurt trump when he campaigns against everything trump stands for. Good talk.

[Devil Child]

39. Billionaires have their own agendas, I will never cast a primary vote for Bloomberg

Hoping his money is wasted with little “return” for his “investment.” Our political system is not your playground Bloomberg.

[tenderfoot]

41. Mr. Stop and Search Gentrify NYC So No One Can Afford To Live There Anymore

**** that guy.

[ariesgem]

52. Exactly...

I can't stand this man for those reasons alone. *uck Bloomberg.

[kentuck]

42. Big Business Billionaire?

No, thank you.

[Renew Deal]

46. He should save the money and spend it in the GE

Bloomberg is something like 78. He’s basically a nicer version of Trump. He’s a real billionaire with some experience, though that is as a mayor. I’m just not sure that there is a big enough base for him in the Democratic Party.

[Qutzupalotl]

55. Warren would eat his lunch in the primaries

whether or not she becomes the nominee, especially if there is anything self-serving in his candidacy.