Mike Bloomberg To Spend At Least $100 Million In Florida To Benefit Joe Biden
Former New York mayor Mike Bloomberg plans to spend at least $100 million in Florida to help elect Democrat Joe Biden, a massive late-stage infusion of cash that could reshape the presidential contest in a costly toss-up state central to President Trumps reelection hopes.
Bloomberg made the decision to focus his final election spending on Florida last week, after news reports that Trump had considered spending as much as $100 million of his own money in the final weeks of the campaign, Bloombergs advisers said. Presented with several options on how to make good on an earlier promise to help elect Biden, Bloomberg decided that a narrow focus on Florida was the best use of his money.
The presidents campaign has long treated the state, which Trump now calls home, as a top priority, and his advisers remain confident in his chances given strong turnout in 2016 and 2018 that gave Republicans narrow winning margins in statewide contests.
Voting starts on Sept. 24 in Florida, so the need to inject real capital in that state quickly is an urgent need, Bloomberg adviser Kevin Sheekey said. Mike believes that by investing in Florida, it will allow campaign resources and other Democratic resources to be used in other states, in particular the state of Pennsylvania.
Save NYC instead, he added.
The spending will focus mostly on television and digital ads, in English and Spanish.
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Bloomberg Thinks Theres A Path For Him
Bloomberg is running as a centrist alternative to the more progressive candidates in the field, and appears to be trying to occupy the space Biden and Pete Buttigieg are competing in. His entrance into the race has caused some eye-rolls hes swooping in late in the game, when voters arguably already have a number of candidates with similar platforms to choose from. Granted, some of these candidates are not as well known as Bloomberg is, andhe has the money to pay for his bid, regardless of any pushback.
As a candidate, Bloomberg is likely to focus on many of the same issues hes championed in recent years: namely, gun control and climate change. He previewed this emphasis in speeches and appearances ahead of his announcement.
During a speech in New Hampshire in January, Bloomberg talked about the need for commonsense gun laws, but was moderate in his rhetoric. Nobodys trying to take away anybodys guns, but we shouldnt be selling guns to criminals or people with psychiatric problems or minors, he said. During the same speech, he touted his record on climate and pointed out hes been working on the issue for more than a dozen years.
He visited Iowa in 2018, and prior to his arrival wrote an op-ed in the Des Moines Register in which he discussed the possibilities for clean energy in the state and the economic impact embracing green energy could have. He hosted a screening there of his new climate change documentary, Paris to Pittsburgh.
Politifact: Michael Bloomberg Is Registered As A Democrat But Is He Accepted As One
Michael Bloomberg is a leading contender for the 2020 Democratic presidential nomination despite being first elected mayor of New York City as a Republican, and later switching his party affiliation to independent.
Indeed, he announced his re-registration as a Democrat in October 2019 just weeks before unveiling his presidential bid.
That history and the billionaire businessmans penchant for donating to Republicans has led to consternation among some Democrats who wonder whether Bloomberg is really one of them.
So is he?
Hes never been as good a Democrat as Ronald Reagan was a Republican, Jim Frasier, former member of the executive committee of the Democratic National Committee, told PolitiFact. Hes every bit as good a Democrat as Bernie Sanders is.
In 1980, Reagan was elected president as a Republican, after having spent much of his early political life as a Democrat. In 2016, Sanders was runner-up for the Democratic presidential nomination, though he hasnt always identified as a member of the party.
Bloombergs campaign didnt offer comment for this article. But in a June 2018 column, Bloomberg explained why he was supporting Democrats in their attempts to win control of the U.S. House of Representatives that year.
“Ive never much liked political parties,” Bloomberg wrote. “Ive always believed that we should put country before party. Too many politicians practice the reverse, with terrible consequences for the American people.”
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His Company Spied On The Federal Reserve Chairman
In the decades since its inception, the Bloomberg computer terminal has embedded itself the monetary marrow of Wall Street. In 2013, New York magazine wrote that those computers accounted for approximately 80 percent of the Bloomberg LP’s revenues. So you might expect that massive invasions of subscriber privacy by Bloomberg employees would prove catastrophic for profits. But it in 2013, the service seemed impervious to such a scandal.
CNBC explained that Bloomberg journalists used the terminals to monitor subscriber activity in secret. In fact, an ex-employee admitted to viewing the usage information of then-Federal Reserve chair Ben Bernanke and ex-Treasury secretary Tim Geithner. The snooping was exposed after a Bloomberg journalist asked Goldman Sachs about a partner’s employment status because the person hadn’t logged into their terminal. Per The Evening Standard, Bloomberg LP apologized and acknowledged that its journalists had spied on subscribers when working on articles. However, that bombshell didn’t explode the company’s revenues. Instead, revenues grew.
Democrats In A Key Swing State Already Dont Trust Mike Bloomberg
Michael Bloombergs past efforts to support gun control by endorsing Republicans are already backfiring on his presidential bid in Pennsylvania, highlighting how the party-switching former New York City mayor and multibillionaire media mogul could struggle to win over his new partys partisans.
Bloomberg spent millions supporting two Republicans who support some gun control measures in the 2016 and 2018 elections, infuriating Democrats in the nations fifth-largest state and potentially hampering his ability to collect the states 153 delegates to the Democratic National Convention.
In 2016, Bloomberg spent $6 million supporting GOP Sen. Pat Toomey. In 2018, his gun control group Everytown for Gun Safety endorsed incumbent Republican Rep. Brian Fitzpatrick, leading local activists to quit the group en masse.
In my opinion, it disqualifies Bloomberg as a Democratic presidential candidate, said Mike Mikus, a Democratic strategist who helped lead Katie McGintys U.S. Senate campaign against Toomey in 2016. He basically invested heavily in making sure Mitch McConnell stayed Senate Majority Leader.
The resistance to Bloomberg in Pennsylvania exemplifies the broader struggle the Democrat-turned-Republican-turned-Independent-turned-Democrat might face as he campaigns for his new partys nomination. Bloomberg has a long history of backing and funding candidates in both parties, including supporting politicians whom the Democratic base views as out-and-out villains.
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Michael Bloomberg: Everything You Need To Know About The 2020 Presidential Candidate
The former New York City mayor has entered the race of president.
Who is Mike Bloomberg?
Former New York City Mayor and founder of Bloomberg LP Michael Bloomberg formally entered the 2020 presidential race in November 2019. He is the second billionaire Democrat to seek the presidency during this election cycle.
Out of the running: By Super Tuesday, it was clear that Bloombergs efforts to target the 15 contests in play in lieu of traditional campaigning methods of hitting the early voting states did not pay off in terms of netting the bulk of pledged delegates or the popular vote. He announced the next day that he entered the race three months earlier to defeat President Donald Trump and that he was leaving the race for the same reason because it is clear to me that staying in would make achieving that goal more difficult, he wrote in a letter to supporters adding, Ive always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterdays vote, it is clear that candidate is my friend and a great American, Joe Biden.
Name: Michael Rubens Bloomberg
Date of Birth: Feb. 14, 1942
Hometown: Medford, Massachusetts
Family: Bloomberg has been in a longtime domestic relationship with Diana Taylor. He is also the father to two daughters, Emma and Georgina.
Education: He earned a masters in business administration from Harvard Business School in 1966 and a bachelor of arts degree from John Hopkins University in 1964.
Early Life And Bloomberg Lp
Bloombergs father, a Polish immigrant, was a bookkeeper and his mother a secretary. After studying engineering at Johns Hopkins University , he attended Harvard University and took an entry-level position with Salomon Brothers investment bank. Within 15 years he had achieved the level of partner and was leading the firms block trading operations. When Salomons acquisition by another firm in 1981 left him without a job, Bloombergs $10 million partnership buyout provided the funding he needed to create Innovative Market Systems, a financial data-services firm, in 1982. Twenty years later the renamed Bloomberg LP had become a global leader in financial data services. Central to the companys success was the Bloomberg computer terminal, a comprehensive financial news and information source. The companys other holdings included the Bloomberg Business News wire service, news radio station WBBR in New York City, and Bloomberg Television.
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Move To Homewood And Early 20th Century History
In the early 20th century, the university outgrew its buildings and the trustees began to search for a new home. Developing Clifton for the university was too costly, and 30 acres of the estate had to be sold to the city as public park. A solution was achieved by a team of prominent locals who acquired the estate in north Baltimore known as . On February 22, 1902, this land was formally transferred to the university. The flagship building, Gilman Hall, was completed in 1915. The relocated in Fall of 1914 and the followed in 1916. These decades saw the ceding of lands by the university for the public Wyman Park and Wyman Park Dell and the , coalescing in the contemporary area of 140 acres .
Prior to becoming the main Johns Hopkins campus, the Homewood estate had initially been the gift of Charles Carroll of Carrollton, a Maryland planter and signer of the , to his son Charles Carroll Jr. The original structure, the 1801 , still stands and serves as an on-campus museum. The brick and marble style of Homewood House became the architectural inspiration for much of the university campus versus the style of other historic American universities.
In 1909, the university was among the first to start adult programs and in 1916 it founded the US first .
Since the 1910s, Johns Hopkins University has famously been a fertile cradle to s .Presidents of the university
Support For Congressional Candidates In And Out Of The New York Area
Since 2000, Bloomberg has donated to dozens of candidates for the United States Congress. The candidates have been on both sides of the aisle. In July 2016, Bloomberg spoke at the Democratic National Convention, endorsing former Secretary of State Hillary Clinton‘s presidential bid. In June 2018, Bloomberg announced he would spend $80 million to support Democratic candidates in an effort to reverse control of Congress in the midterm elections.
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Jeff Bezos Asked Him To Run For President
In a March 2019 op-ed, Michael Bloomberg matter-of-factly declared, “I am not running for president.” Citing his efforts to curb climate change and strengthen gun control legislation, he asserted that he could better serve the country from outside the White House than in it. “I’ve come to realize that I’m less interested in talking than doing,” he said. However, in 2019, the richest man on Earth spoke with Bloomberg about putting his money where the Oval Office is.
As reported by Recode’s Jason Del Rey and confirmed by a Bloomberg spokesperson, personally called Bloomberg. The exact timing is known, but the conversation took place months before Bloomberg’s about-face and some time after Amazon opted not to deliver on its plans to establish a headquarters in New York City. During their exchange, Bezos asked if Bloomberg would make a White House run, and Bloomberg asked Bezos to run back to the Big Apple and set up shop there. Both men said no.
Bezos wasn’t Bloomberg’s only supporter. Via CNBC, several Wall Street executives hoped they could bank on a Bloomberg presidency as a preferred alternative to a progressive Democrat like Bernie Sanders or Elizabeth Warren both of whom proposed a wealth tax. According to Yahoo!, Bloomberg, who called the concept of a wealth tax unconstitutional, would owe over $3 billion under Warren’s plan.
Michael Bloombergs Presidential Trial Balloon
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On Saturday, the Times reported that the former New York City mayor Michael Bloomberg has instructed advisers to draw up plans for a potential independent campaign in this years presidential race. From one perspective, that isnt too surprising. The former mayor has long been eyeing a possible run at the White House, and there has been a lot of speculation about his intentions in 2016. Last week, a well-connected New York Republican told me that he thought Bloomberg would jump in if Donald Trump won the G.O.P. nomination.
The prospect of two New York billionaires battling each other, and the Democratic candidate, for the Presidency might sound outlandish, but its certainly not out of the question. For months now, Bloomberg has had pollsters sampling the public mood, and has had other political professionals weigh the different aspects of a campaign, such as how to get on the ballot in enough states to make victory a possibility.
The real news is that these efforts have intensified, and that Bloomberg has set a deadline of early March for making a decision on whether to enter the race. According to the Times report, the former mayors advisers believe that this is the latest date he could enter the race and get on the ballot in all fifty states.
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Foreign Policy And National Defense
Some, including , in the Republican Party support on issues of national security, believing in the ability and right of the United States to act without external support in matters of its national defense. In general, Republican thinking on defense and is heavily influenced by the theories of and , characterizing conflicts between nations as struggles between faceless forces of an international structure as opposed to being the result of the ideas and actions of individual leaders. The realist school’s influence shows in Reagan’s “” stance on the and George W. Bush’s stance.
Some, including and , call for and an . This faction gained strength starting in 2016 with the rise of .
Since the , many in the party have supported policies with regard to the War on Terror, including the and the . The George W. Bush administration took the position that the do not apply to , while other prominent Republicans strongly oppose the use of enhanced interrogation techniques, which they view as torture.
Republicans have frequently advocated for restricting foreign aid as a means of asserting the national security and immigration interests of the United States.
The Bloomberg Record: Poverty & Inequality
Some people say, well, taxes are regressive. But in this case, yes they are. Thats the good thing about them. I listen to people saying oh we dont want to tax the poor. Well, we want the poor to live longer And thats why you do want to do exactly what a lot of people say you dont want to do. Michael Bloomberg
Bloomberg has never been shy about being a free-market conservative waging war on the poor, and the only reason it isnt immediately obvious that he is right-wing is that so many Democrats have also been free-market conservatives waging war on the poor. Sure, his 2020 campaign has slapped together some hastily plagiarized literature pitching him as progressive, and he is publishing op-eds claiming that fixing inequality is my priority. After years of staunchly defending racist policing practices, he apologized for them the moment he began the campaign. But none of this should persuade anyone familiar with Bloombergs actual record.
Remember that Bloomberg himself says he is the type of conservative who believes in slashing the government to bits:
I actually am a conservativemore so than other conservatives in the sense that I think you could go and cut 2 or 3 percent out of the budget in every agency. Weve done that 12 times
Today, I will make this commitment: I will not sign a contract with salary increases unless they are accompanied by reforms in benefit packages that produce the savings we need
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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!