There is very good reason to believe Michael Bloomberg isn't actually running for president.
All would point toward Bloomberg indeed running for president.
As early as February 2019, the billionaire pledged he'd spend at least $500 million to defeat the president as either a candidate or as what Politico called "a shadow political party for the Democratic nominee." That massive spend, the report continued, represents "Just 1 percent of Bloomberg's estimated net worth."
Just a month later, the wealthy New Yorker laughed at the idea he would ever run for president, mocking "Amtrak Joe" Biden for apologizing "For being male, over 50 [and] white," and Beh-tóh O'Rourke, who Bloomberg joked had "Apologized for being born." Well, a few months later he jumped in anyway.
Of course, Bloomberg has said the same of the now $2 billion he's reportedly willing to spend for any campaign to defeat Trump.
This magnanimity in defeat doesn't seem to square with Michael Bloomberg, cut-throat capitalist billionaire, but it does make sense when viewed in the light of his Bloomberg News empire, which loses money every year.
None of it changes that Bloomberg is skirting the campaign finance laws designed to keep the American republic answerable to her citizens - that, and he isn't really running for president.
https://thefederalist.com/2020/01/29/michael-bloomberg-isnt-really-running-for-president-and-that-should-worry-you/
All would point toward Bloomberg indeed running for president.
As early as February 2019, the billionaire pledged he'd spend at least $500 million to defeat the president as either a candidate or as what Politico called "a shadow political party for the Democratic nominee." That massive spend, the report continued, represents "Just 1 percent of Bloomberg's estimated net worth."
Just a month later, the wealthy New Yorker laughed at the idea he would ever run for president, mocking "Amtrak Joe" Biden for apologizing "For being male, over 50 [and] white," and Beh-tóh O'Rourke, who Bloomberg joked had "Apologized for being born." Well, a few months later he jumped in anyway.
Of course, Bloomberg has said the same of the now $2 billion he's reportedly willing to spend for any campaign to defeat Trump.
This magnanimity in defeat doesn't seem to square with Michael Bloomberg, cut-throat capitalist billionaire, but it does make sense when viewed in the light of his Bloomberg News empire, which loses money every year.
None of it changes that Bloomberg is skirting the campaign finance laws designed to keep the American republic answerable to her citizens - that, and he isn't really running for president.
https://thefederalist.com/2020/01/29/michael-bloomberg-isnt-really-running-for-president-and-that-should-worry-you/
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