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Michael Bloomberg Will Spend $80 Million on the Midterms. His Goal: Flip the House
New York Slimes ^ | June 20, 2018 | Alexander Burns

Posted on 06/20/2018 11:00:03 AM PDT by Olog-hai

Michael R. Bloomberg, the billionaire former mayor of New York City, has decided to throw his political clout and personal fortune behind the Democratic campaign to take control of the House of Representatives this year, directing aides to spend tens of millions of dollars in an effort to expel Republicans from power.

Mr. Bloomberg — a political independent who has championed left-of-center policies on gun control, immigration and the environment — has approved a plan to pour at least $80 million into the 2018 election, with the bulk of that money going to support Democratic congressional candidates, advisers to Mr. Bloomberg said.

By siding so emphatically with one party, Mr. Bloomberg has the potential to upend the financial dynamics of the midterm campaign, which have appeared to favor Republicans up to this point. Facing intense opposition to President Trump and conservative policies, Republicans have been counting on a strong economy and heavily funded outside groups to give them a political advantage in key races, especially in affluent suburbs where it is expensive to run television ads.

Mr. Bloomberg’s intervention is likely to undermine that financial advantage by bankrolling advertising on television, online and in the mail for Democratic candidates in a dozen or more congressional districts, chiefly in moderate suburban areas where Mr. Trump is unpopular. Democrats need to gain 23 congressional seats to win a majority. …

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


TOPICS: Editorial; Politics/Elections
KEYWORDS: bloomberg; election; michaelbloomberg; midterms; tds
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1 posted on 06/20/2018 11:00:04 AM PDT by Olog-hai
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To: Olog-hai

Gonna take a lot more than 80 million

HilLIARy spent about a billion and lost


2 posted on 06/20/2018 11:02:03 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: Olog-hai

this will boost the economy even more...

WINNING!


3 posted on 06/20/2018 11:02:42 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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To: Olog-hai
If you didn't already know that this little Napolean-complexed narcissistic self-appointed nanny was a POS, you know it now. He doesn't trust that Americans can make some intelligent decisions without his "help". And that their decisions must coincide with his. Drop dead, you mamser!
4 posted on 06/20/2018 11:02:49 AM PDT by EinNYC
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To: Olog-hai

Get used to disappointment, Mikey.


5 posted on 06/20/2018 11:03:03 AM PDT by treetopsandroofs
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To: Olog-hai

Buying elections is all they can hope for.

It’s been known for years that NYC elections are for sale.


6 posted on 06/20/2018 11:03:58 AM PDT by Hostage (Article V)
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To: Olog-hai

80 Million down a Rat Hole.


7 posted on 06/20/2018 11:05:22 AM PDT by CptnObvious (uestion her now.)
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To: Mr. K
"Michael Bloomberg Will Spend $80 Million on the Midterms. His Goal: Flip the House"

Nope....not enough.. He needs to spend at least twice that much.. :)

8 posted on 06/20/2018 11:06:02 AM PDT by unread (Joe McCarthy was right.......)
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To: Olog-hai

I love seeing Leftists burn up their money.

Great idea Bloomberg, but can’t you increase it by say a billion or so.


9 posted on 06/20/2018 11:06:06 AM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: Olog-hai
That's gonna buy a lot of hookers and tequila!


10 posted on 06/20/2018 11:12:18 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Olog-hai
some text
11 posted on 06/20/2018 11:14:26 AM PDT by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
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To: Olog-hai

You and I are limited to $2,700 a candidate, Blommy gets to spend $80,000,000. Citizen United was the worst mistake the Supremes ever made.


12 posted on 06/20/2018 11:16:03 AM PDT by heights
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To: Olog-hai

How queer, the media tells me he’s a Republican.


13 posted on 06/20/2018 11:17:31 AM PDT by a fool in paradise (Spygate's clock began in 2015 - what did President Obama know and when did he know it)
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To: Olog-hai

how much of that is he paying to rino ryan?


14 posted on 06/20/2018 11:22:58 AM PDT by JoSixChip (He is Batman!)
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To: Olog-hai

Peanuts compared to the $18 billion George Soros has put in a special political org fund to elect his anti MAGA pro NWO Democrat politicians


15 posted on 06/20/2018 11:26:54 AM PDT by drypowder
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To: Olog-hai

Soros tried the same trick in the primaries with district attorney candidates. His stooges got greased every time they were exposed as his property. If the Republicans play it right, they’ll be able to do the same thing to Bloomie’s shills.


16 posted on 06/20/2018 11:30:15 AM PDT by libstripper
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To: EinNYC

It’s a waste of his money, buy go ahead and squander it on leftist, losers.

Minnesota will very likely flip 2 US Congressional seats, Districts 1 and 8.

Trump in Duluth this afternoon will help Pete Stauber get elected! Make Minnesota Red in 2018!!!!!


17 posted on 06/20/2018 11:31:36 AM PDT by Gumdrop
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To: teeman8r
...this will boost the economy even more... WINNING!

LOL I LOVE your attitude...

18 posted on 06/20/2018 11:38:54 AM PDT by GOPJ ( Difference between Hillary and Putin? Putin can win an election rigged in his favor.)
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To: Olog-hai

$80 million OK for one billionaire
$130,000 not OK for other billionaire

¿Porque?


19 posted on 06/20/2018 11:52:56 AM PDT by Brian Griffin
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To: Olog-hai

It only takes one bill to create 500 independent countries.

The Republican Congress has the power to dispose of the territory of the United States.


20 posted on 06/20/2018 11:55:36 AM PDT by Brian Griffin
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