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Democrats urge Bloomberg to invest in Senate races as McConnell-linked super PAC spends big
CNBC ^ | 10/26/2020

Posted on 10/26/2020 9:51:19 PM PDT by Republican Wildcat

Democratic fundraisers are privately urging billionaire former presidential candidate Mike Bloomberg and his team to invest in hotly contested Senate races with just over a week until Election Day, according to people familiar with the matter.

The pleas come as a super PAC aligned with Senate Majority Leader Mitch McConnell floods these races with cash on behalf of the GOP candidates.

The Senate Leadership Fund, which is run by allies of McConnell, is outraising and often outspending its Democratic counterpart, Senate Majority PAC, down the stretch. The Democratic group is linked to Senate Minority Leader Chuck Schumer.

Bloomberg’s response to some people has not been encouraging, according to people familiar with the matter. These people have been hearing that Bloomberg, who has a net worth of just under $55 billion, does not plan to put up big money into the Senate Majority PAC. Bloomberg has already committed at least $100 million to help Joe Biden in the key state of Florida.

Bloomberg also has said he will spend $60 million this year to help House Democrats. Bloomberg also invested $1 billion into his own campaign for president, with millions going toward anti-Trump ads. Bloomberg won only the American Samoa caucus during the primary season before he dropped out in March and endorsed Biden.

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


TOPICS: Extended News; Politics/Elections; US: Kentucky; US: New York
KEYWORDS: americansamoa; bloomberg; chuckschumer; desperatedemocrats; florida; kentucky; littlemichael; mikebloomberg; minimike; mitchmcconnell; newyork; senateleadershipfund; senatemajoritypac; tds; upchuckschumer; ussenateelection
Bloomberg claims to care so much for the environment and that is his motivation for doing this. Spent well over $1 BILLION dollars on campaign advertising. How many trees in Africa could that have planted in a forestation project there to actually constructively improve the environment? How many villages could he have outfitted with solar power from scratch to research and see if such technology could actually be viable? Just thinking out loud here...but if I had this much money and I supposedly was passionate about this stuff, that is where my billion dollars would go if I were sincere.
1 posted on 10/26/2020 9:51:19 PM PDT by Republican Wildcat
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To: Republican Wildcat

Oh LOL Now they like Bloomerg. “Shut up and just give us the money!”


2 posted on 10/26/2020 9:53:04 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Republican Wildcat

It’s all hypocrisy. Bloomberg is in love with Bloomberg and that’s it.

Always has been. Always will be.

He is the only cause he cares about


3 posted on 10/26/2020 9:55:48 PM PDT by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: dp0622

Rudy may have one of his laptops...so Bloomie may be reluctant /s


4 posted on 10/26/2020 10:27:01 PM PDT by BigEdLB (BigedLB, Russian BOT, At your service)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
So, they wouldn't vote for Get Shorty, but they're telling him they'll take his check? Tell 'em to shove it, Mike, you know a lost cause when you see one.

5 posted on 10/26/2020 11:10:12 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Republican Wildcat

Bloomberg’s done a lot of for the world...He creates things the world likes so much they’re willing to pay him for use of his product. That’s done more for the world than building marginal solar systems for third world villages any day of the week.


6 posted on 10/26/2020 11:17:44 PM PDT by GOPJ (*HunterÂ’s Laptop Matters* - - HLM 11th_VA)
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To: Republican Wildcat

Proud to be a former Bloomberg customer/subscriber. No more feeding the enemy.


7 posted on 10/26/2020 11:32:58 PM PDT by No_Mas_Obama
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To: Republican Wildcat

Some descendants of big investors believe that they can continue to control fascism, even after it hardens.

If Biden wins, he tells his Wall Street supporters he can’t wait to raise taxes
https://www.foxbusiness.com/politics/biden-raising-taxes-top-priority-trump-election-wall-street


8 posted on 10/26/2020 11:34:41 PM PDT by familyop ("Who built the cages, Joe?" --President Trump)
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To: GOPJ

That’s not really a response to what I said in the same context.


9 posted on 10/27/2020 6:51:20 AM PDT by Republican Wildcat
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