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Bloomberg’s campaign spent over $180 million during his first month in the 2020 race
CNBC ^ | Fri, Jan 31 2020 1:49 PM EST | Brian Schwartz

Posted on 01/31/2020 11:00:26 AM PST by Olog-hai

Mike Bloomberg’s campaign for president spent a colossal amount of money in the final quarter of 2019 as he attempts to catch up to and surpass Democratic rivals.

Bloomberg’s campaign spent over $180 million at the end of 2019, according to a newly released Federal Election Commission filing. The massive expenditure amount went toward TV ads, field staff and his technology firm, Hawkfish. The record shows Bloomberg’s campaign spent over $11 million on the digital firm. The company has become the primary digital ad agency for Bloomberg’s operation.

He launched his bid for president at the end of November, several months after his fellow candidates joined the field, so his campaign was only active for about a month of the three-month period.

Beyond his campaign’s enormous spending spree, the amount Bloomberg has given directly to his campaign shows why he will likely be able to stay in the race for as long as he wants, regardless of where he stands in the polls. The record shows Bloomberg contributed over $200 million to his campaign. His campaign had $11 million on hand going into the year 2020. The former New York mayor has sworn off asking for donations, even though that move automatically disqualifies him in making the debate stage. …

(Excerpt) Read more at cnbc.com ...


TOPICS: Chit/Chat; Society
KEYWORDS: 2020; biggulp; bloomberg; littlemichael; minimike; tds; wasteofmoney
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1 posted on 01/31/2020 11:00:26 AM PST by Olog-hai
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To: Olog-hai

I spent about $150 last month- why doesn’t anyone print articles about me? lol


2 posted on 01/31/2020 11:04:24 AM PST by Bob434
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To: Olog-hai

If I read this right, he is spending his own money. So, spend away, asshole.


3 posted on 01/31/2020 11:05:03 AM PST by hattend
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To: Olog-hai

A fool and his money are soon parted.


4 posted on 01/31/2020 11:05:08 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Olog-hai

How much did Trump spend on his nomination race four years ago? I don’t think it was as much as what Doomberg has spent so far in his race. If Doomberg becomes a serious player I could see him spending half a billion to get the nomination!


5 posted on 01/31/2020 11:05:27 AM PST by dowcaet
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To: Olog-hai

boosting trumps economy


6 posted on 01/31/2020 11:05:53 AM PST by samtheman (Trump Campaign Ad (hopefully): Look at Virginia. Look at NY. What Democrats do.)
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To: Olog-hai

7 posted on 01/31/2020 11:06:16 AM PST by PGR88
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To: Olog-hai

He wants to displace Yeb! as the most expensive failed race for the nomination.


8 posted on 01/31/2020 11:06:45 AM PST by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: Olog-hai

I think he will be a factor, as the “un-Sanders”. Unfortunately for him, he will then become the “un-Trump”.


9 posted on 01/31/2020 11:08:13 AM PST by jimmygrace
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To: Olog-hai

It is my joy to see him waste hundreds of millions to not only lose but prove just how dangerous he and those he supports really are.


10 posted on 01/31/2020 11:08:30 AM PST by ICE-FLYER (God bless and keep the United States of America)
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To: Olog-hai

And..? All it did was move Trump’s numbers up.


11 posted on 01/31/2020 11:09:04 AM PST by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Olog-hai

Who?


12 posted on 01/31/2020 11:09:24 AM PST by PIF (They came for me and mine ... now its your turn)
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To: Bob434

I’m on it!!!

Well, I wrote it but you wouldn’t want to see it :)

JK!

I donated 30, I think, to FR and THAT’S IT to anyone, except some illness charities.

Screw the politicians.


13 posted on 01/31/2020 11:10:22 AM PST by dp0622 (Radicals, racists Don't point do you at me I'm a small town white boy Just tryin' to make ends meet)
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To: Bob434; Olog-hai; PGR88

why can’t he use that money to I dunno...fix La Guardia and JFK airports or something?


14 posted on 01/31/2020 11:12:33 AM PST by CondoleezzaProtege
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To: dp0622

lol- thanks for the thought-


15 posted on 01/31/2020 11:13:36 AM PST by Bob434
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To: CondoleezzaProtege

or build a wall lol


16 posted on 01/31/2020 11:13:57 AM PST by Bob434
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To: Bob434
or build a wall lol

Even better. <3

17 posted on 01/31/2020 11:15:11 AM PST by CondoleezzaProtege
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To: Olog-hai

A fool and his money...


18 posted on 01/31/2020 11:15:42 AM PST by Darteaus94025 (Can't have a Liberal without a Lie)
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To: Olog-hai

hmmmmm. How many TWSH countries could he have made slightly better?


19 posted on 01/31/2020 11:17:33 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: Jim Robinson
I believe he's playing the system. If he's a candidate he can spend whatever he wants. If he was a private citizen he would have to follow finance laws.

I believe he never intended to be a serious candidate. He's obsessed with beating Trump and he's able to spend money like a drunken sailor as long as he's "running."

20 posted on 01/31/2020 11:18:09 AM PST by thefactor (yes, as a matter of fact, i DID only read the excerpt)
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