Wednesday, September 28, 2022

Is Michael Bloomberg Republican Or Democrat

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Does He Have A Chance

Democratic candidates hammer Mike Bloomberg at Nevada debate

Mr. Bloombergs path is unconventional in the extreme: skipping the early-voting states and debates to focus on delegate-rich contests in March and beyond. He has the resources to pull it off millions upon millions of dollars of his own money to flood the airwaves with his ads. But if another candidate claims momentum in February, Mr. Bloomberg could have a difficult time breaking through.

Statements Concerning The Iraq War

In 2004, during a joint news conference with First Lady Laura Bush in lower Manhattan, he came to her support on the topic of Iraq, saying, “Don’t forget that the war started not very many blocks from here.”

In March 2007, during a news conference in Staten Island, Bloomberg declared his strong opposition to legislation proposed in Congress calling for a clear timetable for troop withdrawal. He said, “We ask our young men and women to go over and to fight, and if you have a deadline knowing they’re pulling out, how can you expect them to defend this country? How can you expect them to go out and put their lives at risk? I just think that’s untenable and that this is not a responsible piece of legislation. It is totally separate of how we’re conducting the war. It’s totally separate of whether we should have been there. The issue that you asked about is plain and simple: Should the Congress pass a law forcing the president to withdraw troops at a given point in time? I think that is not something that is in the country’s interest or in the military’s interest.”

Preservation And Development Issues

Bloomberg is a proponent of large-scale development. He has repeatedly supported projects such as the Pacific Park mega-development, the Hudson Yards Redevelopment and associated rail-yard development , and the Harlem rezoning proposal. On smaller-scale issues, Bloomberg usually takes the side of development as well. He favors the demolition of Admirals Row to build a supermarket parking lot. However, Bloomberg has occasionally sided with preservation, most notably in vetoing landmark revocation for the Austin Nichols warehouse. This move was widely applauded by architectural historians. The City Council overruled the veto shortly thereafter, however.


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After Hints Of A Presidential Run Bloomberg Switches To Democrat

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By Shane Goldmacher

Michael R. Bloomberg, the Democrat-turned-Republican-turned-independent, says he is returning to his roots: He has re-registered as a Democrat an initial but essential step toward a possible run for president in 2020 as a Democrat.

Mr. Bloomberg made the announcement in simultaneous social media postings on Facebook, Twitter and Instagram, which showed the left-handed 76-year-old filing out his registration paperwork .


At key points in U.S. history, one of the two parties has served as a bulwark against those who threaten our Constitution, Mr. Bloomberg wrote, adding later, We need Democrats to provide the checks and balance our nation so badly needs.

Mr. Bloomberg had abandoned the Democratic Party to launch his political career in 2001 and win the mayoralty in New York City as a Republican. But he noted on Wednesday that he had been a Democrat for most of my life.

He ended nearly two decades of estrangement, inspired by what he said was the call of history and the need for an opposition party to provide on a check on President Trump.

The spending is expected to make him the single biggest political contributor in the country in 2018. His name is synonymous with excellence, the House minority leader, Nancy Pelosi, a California Democrat, gushed earlier this year.

Center For Talented Youth

Michael Bloomberg jolts Senate battle with $20M for Democrats, five ...

The Johns Hopkins University also offers the programa nonprofit organization dedicated to identifying and developing the talents of the most promising K-12 grade students worldwide. As part of the Johns Hopkins University, the Center for Talented Youth or CTY helps fulfill the universitys mission of preparing students to make significant future contributions to the world. The Johns Hopkins Digital Media Center is a multimedia lab space as well as an equipment, technology and knowledge resource for students interested in exploring creative uses of emerging media and use of technology.


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Leaked Comments On Race And Policing In Defense Of Stop

In February 2020, Bloomberg’s 2015 comments at an Aspen Institute event leaked. In the leaked comments, the former mayor defended the controversial stop-and-frisk policy he had implemented as mayor in New York City.

Bloomberg claimed, “95% of your murders murderers and murder victims fit one M.O. You can just take the description, Xerox it, and pass it out to all the cops. They are male minorities, sixteen to twenty-five. Thats true in New York, thats true in virtually every city”.

Bloomberg also noted, “You want to spend the money on a lot of cops in the streets. Put those cops where the crime is, which means in minority neighborhoods… So, one of the unintended consequences is people say, Oh my god, you are arresting kids for marijuana that are all minorities. Yes, thats true. Why? Because we put all the cops in minority neighborhoods. Yes, thats true. Why do we do it? Because thats where all the crime is.”


To contextualize Bloomberg’s comments, some conservative media outlets included New York City’s 2019 crime statistics when reporting on the story.

National Interest noted that, according to the NYPD’s 2019 Crime and Enforcement Activity report, “62.4% of murder or non-negligent manslaughter suspects were black, while another 30.8% of suspects were Hispanic. Whites made up only 3% of murder suspects. The racial percentages are similarly distributed among those arrested for murder or non-negligent manslaughter.”

Ties To Pete Peterson’s Fix The Debt

The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation’s “debt problem.”

Bloomberg is listed as a chairman of the campaign to Fix the Debt, along with former New Hampshire Senator Judd Gregg and former Pennsylvania Governor Ed Rendell.

Bloomberg pushed the “No Budget, No Pay” bill stunt backed by Fix the Debt partner organization Comeback America Initiative, which passed the U.S. House in January 2013, but was promptly denounced as unconstitutional.


Bloomberg has long been sympathetic to the deficit reduction crowd. In a March 2012 op-ed in the Wall Street Journal, Bloomberg complained about the President asking millionaires and billionaires to do more to fix the debt calling it “class warfare,” and backed the $4 trillion Simpson-Bowles deficit reduction plan. He also expressed support for the expiration of Bush tax cuts for all income levels, which would have been a large hike on the poor and middle class.

In 2011, Bloomberg proposed his own $8 trillion deficit reduction plan that would entail steep cuts to Social Security and Medicare and proposed to raise the retirement age.

This article is part of the Center for Media and Democracy’s investigation of Pete Peterson’s Campaign to “Fix the Debt.” Please visit our main SourceWatch page on Fix the Debt.

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How Much Is Bloomberg Spending

Mr Bloombergs ad spending has so far out-paced Mr Trumps, according to advertising data.


In the past two weeks alone, Mr Bloomberg has splurged more than $1m per day on Facebook ads, mostly targeting Super Tuesday states that will vote on 3 March.

Thats more than five times what Mr Trump has spent over the same period, according to NBC News.

According to Forbes, the co-founder of financial media company Bloomberg LP is worth $62bn. Mr Trumps own fortune is estimated at $3.1bn.

Mr Trump disparaged his fellow New York billionaire on Thursday, tweeting: Mini Mike Bloomberg is a LOSER who has money but cant debate and has zero presence, you will see.

In response, Mr Bloomberg said the people of New York City laugh at you & call you a carnival barking clown.


Earlier in the week, Mr Trump called Mr Bloomberg a total racist after an audio tape emerged of the former mayor making incendiary comments while defending the controversial stop and frisk policing policy.

. we know many of the same people in NY. Behind your back they laugh at you & call you a carnival barking clown. They know you inherited a fortune & squandered it with stupid deals and incompetence. I have the record & the resources to defeat you. And I will.

Mike Bloomberg

‘the Hubris Is Unbelievable’: Dems Seethe Over Bloomberg Gop Donations

WATCH: Michael Bloombergs full speech at the 2020 Democratic National Convention

Good luck explaining the Scott Brown endorsement against Elizabeth Warren.

Former New York Mayor Michael Bloomberg. | Drew Angerer/Getty Images

11/26/2019 05:21 AM EST

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Michael Bloombergs debut 2020 campaign ad touts that he took charge of New York in the wake of 9/11.


What Bloomberg doesnt mention: He leaned heavily on an endorsement from Rudy Giuliani, the then-New York mayor who is now President Donald Trumps personal attorney, to win that post. Bloomberg trumpeted his support in TV advertising and direct mail, chastising his Democratic opponent for being no friend of Rudy Giuliani.

Giuliani is just one of many skeletons in Bloombergs partisan closet. As he pursues the Democratic presidential nomination, hell have to explain the millions hes spent putting Republicans into office, including contributions backing more than a dozen current and former members of Congress.

The billionaire businessman, who has switched parties several times throughout his political career, endorsed George W. Bushs 2004 reelection campaign, contributed to John McCain and even held a fundraiser for a House GOP member as recently as last year.

And thats not all. Beneficiaries of his largesse include former Sen. Orrin Hatch , a vigorous Trump defender, and Senate Appropriations Chairman Richard Shelby of Alabama, who once chaired the Senate Banking Committee.

Sally Goldenberg contributed to this report.


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Mayors Against Illegal Guns

Bloomberg has been criticized by the NRA, Gun Owners of America, Second Amendment Foundation and other Second Amendment advocates for his position on handguns, having co-founded the liberalgun controlpropaganda organization, Mayors Against Illegal Guns . His gun control policies and executive orders continued those implemented by his predecessor Rudolph Giuliani.

New York City crime statistics for 2007 were the lowest ever recorded for the City. As of December 2007, compared to 2001 figures , shootings were down 11%, murder was down 25%, auto theft was down 55% and major crime overall was down 26%.

Does Michael Bloomberg Stand A Chance Running As A Democrat

Many people have criticized Bloomberg for running as a Democrat. They claim that instead of him running as a Democrat, he shouldve ran as a Republican.

These people claim that by Bloomberg running as a Democrat, it will taint the party. After all, they are a party of socialists, rather than a party where the rich will reside.

I personally believe that the presidential election itself will come down to a four way race. Michael Bloomberg, Bernie Sanders, Elizabeth Warren and Donald Trump.

Sadly for Bloomberg however, I do believe that President Trump will win re-election based off the statistic that eleven out of the last thirteen presidents have been re-elected.

However, I do believe that it will come down to Michael Bloomberg gaining the Democratic nomination. However, he will lose to Trump in the election itself.

I believe that Bloomberg running as a Democrat will either make or break the party. As, by him running as a Democrat, it may set a precedent that future billionaires will follow. But I doubt that will truly happen.

Do you believe that Michael Bloomberg has a chance at the presidency whilst running as a Democrat? Tell me in the comments!

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Read A Brief Summary Of This Topic

Democratic Party, in the United States, one of the two major political parties, the other being the Republican Party.

The Democratic Party has changed significantly during its more than two centuries of existence. During the 19th century the party supported or tolerated slavery, and it opposed civil rights reforms after the American Civil War in order to retain the support of Southern voters. By the mid-20th century it had undergone a dramatic ideological realignment and reinvented itself as a party supporting organized labour, the civil rights of minorities, and progressive reform. Since Pres. Franklin D. Roosevelts New Deal of the 1930s, the party has also tended to favour greater government intervention in the economy and to oppose government intervention in the private noneconomic affairs of citizens. The logo of the Democratic Party, the donkey, was popularized by cartoonist Thomas Nast in the 1870s though widely used, it has never been officially adopted by the party.

Early Years And Education

True: Michael Bloomberg has been a republican, an independent, and a ...

Bloomberg was born on Feb. 14, 1942, in Boston, and grew up in nearby Medford, Massachusetts. He earned an undergraduate degree in electrical engineering from Johns Hopkins University in 1964. He paid his tuition by working as a parking lot attendant and taking out loans. He earned an MBA from Harvard Business School in 1966.

Bloomberg began his career in financial services in 1966 at the now-defunct Wall Street investment bank Salomon Brothers, where his first job was counting bonds and stock certificates in the banks vault. He moved up to bond trading, becoming a partner in 1972 and a general partner in 1976.

In 1979, Salomon Brothers moved him from his position of head of equity trading and sales to run Information Systems. This was apparently a demotion, but it put Bloomberg in charge of the department that implemented computer technology. When the company was acquired by the commodity trading firm Phibro in 1981, Bloomberg received a $10 million severance package.

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Public Image And Lifestyle

Throughout his business career, Bloomberg has made numerous statements which have been considered by some to be insulting, derogatory, sexist or misogynistic. When working on Wall Street in the 1960s and 1970s, Bloomberg claimed in his 1997 autobiography, he had “a girlfriend in every city”. On various occasions, Bloomberg allegedly commented “I’d do her”, regarding certain women, some of whom were coworkers or employees. Bloomberg later said that by “do”, he meant that he would have a personal relationship with the woman. Bloomberg’s staff told the New York Times that he now regrets having made “disrespectful” remarks concerning women.

During his term as mayor, he lived at his own home on the Upper East Side of Manhattan instead of Gracie Mansion, the official mayoral residence. In 2013, he owned 13 properties in various countries around the world, including a $20 million Georgian mansion in Southampton, New York. In 2015, he acquired 4 Cheyne Walk, a historical property in Cheyne Walk, Chelsea, London, which once belonged to writer George Eliot. Bloomberg and his daughters own houses in Bermuda and stay there frequently.

Bloomberg Gives $18 Million To Dnc In Lieu Of Starting His Own Group To Beat Trump

WASHINGTON Former New York City Mayor Michael Bloomberg is transferring $18 million left in the accounts of his now-defunct presidential campaign to the Democratic National Committee and forgoing, for now, creating his own independent political group to help Democrats in November.

While we considered creating our own independent entity to support the nominee and hold the President accountable, this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution, Bloombergs campaign said in a memo to the DNC. The dynamics of the race have also fundamentally changed, and it is critically important that we all do everything we can to support our eventual nominee and scale the Democratic Partys general election efforts.

The funds will be put towards the DNCs battleground buildup program, to hire data and operations staffers, among other efforts, in a dozen states that will be important in the general election.

Bloomberg will also offer to transfer campaign field offices the billionaires campaign set up and paid for to local state Democratic Parties as in-kind contributions. His staff, some of which were planning to transfer to work for Bloombergs independent entity in six battleground states, are all being laid off. They will be paid through the first week of April and have full benefits through the end of April.

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Other Educational And Research Philanthropy

Through Bloomberg Philanthropies, Bloomberg established the American Talent Initiative in 2016 which is committed to increasing the number of lower-income high-achieving students attending elite colleges. Bloomberg Philanthropies also supports CollegePoint which has provided advising to lower- and moderate-income high school students since 2014.

In 2016, the Museum of Science, Boston announced a $50 million gift from Bloomberg. Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in Medford, Massachusetts. It is the largest donation in the museum’s 186-year history.

In 2015, Bloomberg donated $100 million to Cornell Tech, the applied sciences graduate school of Cornell University on the school’s Roosevelt Island campus.

In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at Harvard University with a $3 million gift in honor of his father, who died in 1963, saying, “throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community.”

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