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Bloomberg doubles ad spending after chaos of Iowa caucuses
AP ^ | February 4, 2020 | Brian Slodysko

Posted on 02/04/2020 11:38:05 AM PST by C19fan

Billionaire Michael Bloomberg is doubling the already massive amount of money he will spend on advertising, an effort to lift his Democratic presidential bid and capitalize on the chaotic outcome of Monday’s Iowa caucuses.

“After more than a year of this primary, the field is as unsettled as ever. No one has made the sale or even come close to it,” Bloomberg spokeswoman Sabrina Singh said Tuesday. “Meanwhile, Mike is taking the fight to Trump every day, doubling down on the national campaign strategy we’ve been running from the beginning.”

An exact dollar figure was not provided, but Bloomberg, the former mayor of New York City, has already spent over $300 million on TV, radio and digital advertising, according to the ad tracking firm Advertising Analytics. That’s boosted him in recent polls even though he is not competing head-to-head with the rest of the Democratic field in early voting states like Iowa and New Hampshire.

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


TOPICS: Politics/Elections
KEYWORDS: 2020; bloomberg; caucus; iowa; potus
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/src on/Wonderful!/src off/ Some videos on YouTube I watch there is nothing but Little Mike ads. How convenient IA chaos plays right into Little Mike's hands.
1 posted on 02/04/2020 11:38:05 AM PST by C19fan
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To: C19fan

He’s doing the Martingale Method of campaign spending. Keep doubling until you win.


2 posted on 02/04/2020 11:39:33 AM PST by AU72
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To: C19fan
Yeah, have at it, champ!


3 posted on 02/04/2020 11:41:15 AM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: AU72

I’m beginning to think this guy is about as evil as Soros. You don’t spend that kind of money to win the Miss America title.


4 posted on 02/04/2020 11:42:25 AM PST by RatRipper
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To: C19fan

The Lone Ranger Bloomberg rides to the rescue.

Bernie’s comrades ain’t gonna’ like this.....not one bit.


5 posted on 02/04/2020 11:42:54 AM PST by BrexitBen
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To: C19fan
Who would pay top dollar to own the demoncRat party in it's current condition?

As an investor this guy fails. You buy damaged merchandise at a discount, not a premium.

6 posted on 02/04/2020 11:43:04 AM PST by DoughtyOne (Time to up our FR Monthlies by 5-10%. You'll < hardly miss it and it will help.)
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To: RatRipper

I have to give him credit. He is putting his money where his mouth is and fighting for what he believes in. He could just sit back on his billions.

That said, keep burning the money..never will be as popular as Commie Bernie


7 posted on 02/04/2020 11:44:02 AM PST by RummyChick
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To: C19fan

Dude has 60 billion dollars and counting. A presidential campaign is a rounding error to him.

The Dems need a better answer than Joe Biden, that’s for sure, and it won’t be one of the communists or the gay guy or the woman who throws staplers at her staff.


8 posted on 02/04/2020 11:45:37 AM PST by babble-on
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To: C19fan

What is he polling at?


9 posted on 02/04/2020 11:49:53 AM PST by LeonardFMason (Lou Dobbs)
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To: babble-on

Bloomburg spent over $300 million this campaign season. He could spend $600 million by the time of the National Democratic Convention. That would only be 1% of his net worth.


10 posted on 02/04/2020 11:51:17 AM PST by convoter2016
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To: RatRipper

Difference between Soros and Bloomie... Soros wants to be power behind the throne. Bloomie wants to be KING.


11 posted on 02/04/2020 11:51:45 AM PST by xkaydet65
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To: LeonardFMason

Nationally he’s at around 8%, but he has bought a put option on Biden, in essence.

If Biden were to collapse (spoiler: Biden will collapse) where is that support going? The white part will go to Bloomberg. (The black part I have no idea.)


12 posted on 02/04/2020 11:52:27 AM PST by babble-on
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He barely won his last reelection in NYC when he outspent his opponent by millions of dollars.


13 posted on 02/04/2020 11:52:55 AM PST by TakebackGOP
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To: convoter2016

And his business makes that much for him. It wouldn’t even be a setback.


14 posted on 02/04/2020 11:53:40 AM PST by babble-on
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To: babble-on

Wonder what his daily income from interest could be?


15 posted on 02/04/2020 11:55:53 AM PST by redshawk ( I want my red balloon. ( https://youtu.be/V12H2mteniE))
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To: RatRipper

Bloomberg’s behaving a lot like Soros with his money....He’s been paying to play for decades on the world stage as well.

It’s going to be interesting how the party utilizes and positions him after Super Tuesday......he’s a prop and can spend as much as he wants...and the candidates all know it.


16 posted on 02/04/2020 12:03:20 PM PST by caww
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To: redshawk

Its not like he has 60 billion in a bank account. I think that’s the basic estimate of what his shares of Bloomberg, Inc would be worth on the market.

But it’s a very profitable company, so it earns a lot more than interest would each year.


17 posted on 02/04/2020 12:11:32 PM PST by babble-on
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To: caww

And they’re both rich jews! Oh my god the jews are coming to git ya~!!


18 posted on 02/04/2020 12:12:30 PM PST by babble-on
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To: C19fan

“...has already spent over $300 million on TV, radio and digital advertising...”

And Mini Mike has nothing to show for it.


19 posted on 02/04/2020 12:26:18 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeMind

The Feb 3 and 4 RealClearPolitics polls (multiple polls), MiniMike isn’t even listed in the top 8 Rat candidates.

After he’s already spent $300 million.

Maybe he needs to spend $300 ZILLION, yeah, that’s the ticket, $300 ZILLION.


20 posted on 02/04/2020 12:31:23 PM PST by RooRoobird20
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