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Bloomberg Has Now Spent Over a Half-Billion on ‘All Media Types’
NewsBusters ^ | 2/26/2020 | Joseph Vazquez

Posted on 02/26/2020 8:30:28 AM PST by JV3MRC

The liberal billionaire owner of Bloomberg News has spent less than one percent of his total net worth and has still topped a half-billion dollars in spending in an attempt to buy his way into the White House. 2020 Democratic presidential candidate Michael Bloomberg has now spent an enormous $509,512,884 on “all media types,” according to Advertising Analytics Feb. 24. That’s still not even one percent of Bloomberg’s entire current net worth at $59.4 billion, according to Forbes Magazine’s real-time net worth tracker. In addition, Bloomberg spent $15,059,000 on liberal outside spending groups this cycle.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: ads; blogpimp; bloomberg; election
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1 posted on 02/26/2020 8:30:28 AM PST by JV3MRC
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To: JV3MRC

I really hate this guy.


2 posted on 02/26/2020 8:33:03 AM PST by samtheman (FReepers all do want Bernie to get the dem nomination, right? (Just to be clear))
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To: JV3MRC

Cannot watch a YouTube video without some MIKE ad.


3 posted on 02/26/2020 8:34:16 AM PST by C19fan
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To: JV3MRC

He’s essentially bribed the media. They need him in, they’re going broke and his spending is a windfall they can’t easily find elsewhere.


4 posted on 02/26/2020 8:35:52 AM PST by thoughtomator (... this has made a lot of people very angry and been widely regarded as a bad move.)
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To: All

He spends half a Billion to buy his way in and it’s only about 1% of his wealth and the rats cry about the rich.


5 posted on 02/26/2020 8:36:18 AM PST by gibsonguy
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To: samtheman
Why?
Think of all the nice little boost he is giving to the economies of small towns all across America. Lol.
6 posted on 02/26/2020 8:36:23 AM PST by SmokingJoe
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To: samtheman

So that’s about 3 TWSH countries he could have helped now. Two and a half at least.


7 posted on 02/26/2020 8:37:30 AM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: thoughtomator
Yes.
Luckily, it's not working. Comrade Sanders is still cruising.
Let him spend away.
8 posted on 02/26/2020 8:38:43 AM PST by SmokingJoe
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To: JV3MRC

I’m in Oklahoma.... his ads run non stop here. And he has been to OKC two or three times. As recently as last week. He has the airwaves covered and social media.... here anyway.


9 posted on 02/26/2020 8:40:16 AM PST by kjam22
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To: samtheman

What’s to hate about Mike Bumbleberg? His efforts shall probably manage to get Donald Trump re-elected, and switch a lot of the House seats, so recently tuned blue in 2018, back to the red column.

Which is enough to make Kevin McCarthy Speaker of the House, as the gavel is wrested once again away from Nancy Pelosi.


10 posted on 02/26/2020 8:41:55 AM PST by alloysteel (Freedom is not a matter of life and death. It is much more serious than that..)
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To: JV3MRC

Well a good part of the economy is profiting off him. Unfortunately its all the MSM that we despise.


11 posted on 02/26/2020 8:42:46 AM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: alloysteel

I hope you’re right but I don’t see how.


12 posted on 02/26/2020 8:44:06 AM PST by samtheman (FReepers all do want Bernie to get the dem nomination, right? (Just to be clear))
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To: JV3MRC

That sounds like a lot of money right? But what if that money was created out of thin air, specifically for political purposes? There’s a reason why the deficits are huge, certain stocks go to the moon...


13 posted on 02/26/2020 8:44:09 AM PST by Professional
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To: George from New England

Bloomberg is a one man “jobs program” for media.


14 posted on 02/26/2020 8:44:56 AM PST by nascarnation
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To: JV3MRC

I wish one of the other democrat candidates would have challenged him not to spend more than all the rest of them combined to buy the nomination.

If not for money, he has zero chance. He has not grassroots voters.

I believe all of them would have agreed that it was wrong for him to dodge all the earlier debates and then jump in late trying to buy the nomination.


15 posted on 02/26/2020 8:45:20 AM PST by boycott
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To: All

Bloomie’s worst self-parodying belch, to date.....indicative of his elitist mindset.

He bragged at the debate that he spent $tens of millions to “buy” the House for poor, little Dems.....

That it was he, a Republican, that “bought” back the House of Representatives for the Democrap party.

I, BLOOMBERG “Let’s just go on the record. They talk about 40 Democrats.......21 of those were people that I spent $100 million
to help elect. All of the new Democrats that came in, that put [House Speaker Nancy] Pelosi in charge,
and gave the Congress the ability to control this president, I bought,” he bragged.

“All of the new Democrats that came in, that put [House Speaker Nancy] Pelosi in charge,
and gave the Congress the ability to control this president, I bought,” says I, Bloomberg.

So now that impeacment flopped, I suppose Bloomie gave his souvenir pen back......

No need for tawdry reminders of Penlosi congratulating herself at the “signing ceremony.”


16 posted on 02/26/2020 8:46:06 AM PST by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: JV3MRC

So, is Bloomberg invested in these media companies?

Is he, essentially, paying himself?

I’ve never seen one of these super-rich-types who wasn’t an absolute miser. Like bringing baggies to the buffet and such.

Bloomberg isn’t going to just give money away.

The other thought I had is that his billions are heavily invested AGAINST America. Trump is killing him. In this case, he’d be willing to spend a lot to protect his portfolio.


17 posted on 02/26/2020 8:50:02 AM PST by Empire_of_Liberty
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To: samtheman
Bloomberg spent over $509,512,884, only to be scalped by a fake Indian...LOL!
18 posted on 02/26/2020 8:52:05 AM PST by Grampa Dave ( Phil Haney did not kill himself. RIP, Phil!)
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To: samtheman

Really? He just put a bid on the Dem party at $2bln. They hit the bid and now he owns them. He’s essentially boxed out the Clintons and Obamas.

He will, not steal, but buy the nomination from Bernie. Which will most likely ensure a third Progressive Party.

He’s fantastic. Okay, I hate him too, but I love what he’s doing.

AOC and the other dingbats probably think a third party will allow them to form a coalition government like UK. Because civics and math are hard.


19 posted on 02/26/2020 8:52:55 AM PST by angmo
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To: samtheman
Bloomberg spent over $509,512,884, only to be scalped by a fake Indian...LOL!
20 posted on 02/26/2020 8:53:09 AM PST by Grampa Dave ( Phil Haney did not kill himself. RIP, Phil!)
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