Monday, February 17, 2020

Bloomberg Buys the Democratic Elite

If one news outlet had the manpower and mind-set to dig cynically into the many ways Mike Bloomberg is spending his money to become president, it would be Bloomberg News-if it weren't owned by Mike Bloomberg.

Mr. Bloomberg's giant spending isn't just buying ads, it's driving up ad rates to make it harder for other Democratic candidates to get their messages out, it's buying up campaign talent so they can't, it's corralling Democratic Party influentials to endorse his candidacy or at least mute any noisy criticism of his effort.

New York Times columnist Tom Friedman on Wednesday joined in with 1,500 words implying that other Democratic candidates should make way for Mr. Bloomberg.

Mr. Bloomberg has said he will spend $1 billion through Election Day.

The Democratic left would see Mr. Bloomberg as a repudiation of everything it hoped to achieve in 2020.

The potted story line is that Mr. Trump envied Mr. Bloomberg his genuine entrepreneurial accomplishments and his bigger fortune, but it turned out it was Mr. Trump who got up and did what Mr. Bloomberg has been mooning about for two decades-run for president and win.

If Mr. Bloomberg can run away with the Democratic Party in 2020, it will be for all the wrong reasons.

https://www.wsj.com/articles/bloomberg-buys-the-democratic-elite-11581717660?mod=hp_opin_pos_2

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