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Michael Bloomberg and the Politics of Money
Townhall.com ^ | February 19, 2020 | Ben Shapiro

Posted on 02/19/2020 3:39:37 AM PST by Kaslin

Former New York Mayor Michael Bloomberg has been rising drastically in the national polling for the 2020 Democratic presidential nomination. Frightened by that rise, Democratic candidates from center-left to communist have risen as one, declaring that Bloomberg has done the process dirty: By dropping hundreds of millions of dollars on advertising, he has thwarted the process, and thus, the will of the people. Sen. Elizabeth Warren, D-Mass., proclaimed: "It's a shame Mike Bloomberg can buy his way into the debate. But at least now primary voters curious about how each candidate will take on Donald Trump can get a live demonstration of how we each take on an egomaniac billionaire." And former Vice President Joe Biden stated, "Sixty billion dollars can buy you a lot of advertising, but it can't erase your record."

All of which raises a serious question: Is Bloomberg doing something deeply wrong -- is he "cheating" -- by spending oodles of his own money on political advertising?

The answer, of course, is no. Tom Steyer, another Democratic billionaire, has spent over $200 million on political advertising, with little response -- he won 0.3% of votes in Iowa and 3.6% of votes in New Hampshire. Bloomberg is resonating because he is vying for the moderate lane in the Democratic primaries just as Biden, the wire-to-wire front-runner until the primaries actually began, flamed out completely. Money, obviously, isn't everything.

But, say the critics, dollars can buy you an entry ticket into the political race. That's undoubtedly true. Dollars plus a political case is better than no dollars plus a political case. But it's also true that dollars become increasingly important in a political system in which candidates can gain outsized attention and vote share by spending money that doesn't belong to them. Bloomberg, to his credit, is spending his own money. Sen. Bernie Sanders, I-Vt., and Warren are pledging to spend everyone else's. "Stop trying to buy elections!" rings hollow from a cast of characters who have promised Americans "free" health care, "free" college tuition, "free" child care and "free" housing, among other giveaways.

It also rings hollow from people who have received hundreds of millions of dollars' worth of attention from their like-minded allies in the media. Sanders has earned hundreds of millions of dollars in media attention; so, too, has Warren. Our media act as attention-providing political gatekeepers. For Bloomberg to end-around them is hardly illegitimate.

In truth, the problem for Democrats isn't Bloomberg's spending. The problem is that the Democratic Party now treats wealth itself as an indicator of immorality. This week, Sanders tweeted, "Together, we are going to end the greed of the billionaire class." Never mind that creating tens of billions of dollars in value via voluntary exchange, employing tens of thousands of people, and providing goods and services to millions is far less indicative of greed than living as a taxpayer-funded, parasitical, self-styled revolutionary for six decades. The size of Bloomberg's bank account makes him morally suspect in the world of the modern Democratic Party. There's a reason former South Bend Mayor Pete Buttigieg keeps telling debate crowds that he's the poorest candidate running, as though lack of financial success is a tremendous indicator of governing ability. As Trevor Noah recently joked, being called a wealthy person is, for "progressive white people ... like being called the N-word."

This perspective represents the reversal of the American dream: We should all aspire to government dependency, patting our own backs for our altruism while drawing on the public dime. After all, if wealth is sin, then chiding the wealthy while living off of them is sainthood. That's the Democratic line going into 2020. We'll see soon enough whether Americans are willing to give up the true American dream in favor of yelling at billionaires.


TOPICS: Culture/Society; Editorial; Politics/Elections
KEYWORDS: michaelbloomberg

1 posted on 02/19/2020 3:39:37 AM PST by Kaslin
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To: Kaslin

Mikey pays for EVERYTHING! If you know what I mean. If he didn’t have his money he couldn’t get a date if he walked into a woman’s prison with a fist full of pardons.


2 posted on 02/19/2020 3:46:54 AM PST by HighSierra5
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To: Kaslin

I think too much is made of Bloomberg’s money. Hillary Clinton spent much more than Trump did last time and lost.

The thing about Steyer and Bloomberg is that they are operating under the very intellectual premise of “monkey see, monkey do” — Trump is a billionaire, he ran for president, and he won. They are billionaires, therefore, they will run and only have to show up to win.

Their error: Why Trump won had nothing at all to do with his money.


3 posted on 02/19/2020 3:53:48 AM PST by odawg
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To: Kaslin

“After all, if wealth is sin, then chiding the wealthy while living off of them is sainthood.”

That made me think of Hank Reardon’s family in Atlas Shrugged.


4 posted on 02/19/2020 3:55:27 AM PST by HartleyMBaldwin
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To: odawg

Yeah. Trump is more relatable. Both to men and women. Men see him as a dude that does what he says and women see security and strength. These other “candidates” are totally fake. What you see is what you get with Trump.


5 posted on 02/19/2020 3:58:18 AM PST by HighSierra5
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To: Kaslin
Sen. Elizabeth Warren, D-Mass., proclaimed: "It's a shame Mike Bloomberg can buy his way into the debate.

_____________

Bloomberg played the rotten game .... after all, he's got all that gray matter on his side.

6 posted on 02/19/2020 4:02:03 AM PST by a little elbow grease (... to err is human, to admit it unusual...)
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To: odawg

The Democrats are angry because Mike isn’t doing it the “Democrat” way.

Spend other people’s money to get into office and then spend taxpayers’ money to stay there.


7 posted on 02/19/2020 4:06:23 AM PST by airborne (I don't always scream at the TV but when I do it's hockey season!)
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To: odawg
I recall one candidate, who was also a billionaire thinking he could buy the Presidency. He was wrong, and if Bloomberg thinks he can can buy the Presidency he he is very mistaken.

As I recall President Trump spend very little of his own money, if he spend any at all.

8 posted on 02/19/2020 4:07:54 AM PST by Kaslin
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To: odawg

I tend to agree with you. Having billions to spend is obviously very helpful but it’s not enough. You have to have a message and you have to be somebody voters find credible.

These lefty billionaires thinking Trump won only because of his billions are dead wrong. Trump was not only famous for decades, he had also railed against unfair trade deals and illegal immigration and had been against the Iraq War for decades before he ran. People knew he actually believed the things he said on the campaign trail and he could be believed when he promised to make policy changes. That’s not true of Steyer or Bloomberg.


9 posted on 02/19/2020 5:49:14 AM PST by FLT-bird
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To: Kaslin
Has anyone else been "texted" by the Bloomberg campaign? I received the following text presumably from a person and not some robot like I get from Trump.

The text from Bloomberg: Hi I'm Josh from Mike Bloomberg's campaign. With so much at stake, Americans deserve a Democratic candidate who can beat Donald Trump. Will you support Mike?

To which I answered NO. They texted back again asking what was holding me back? At this point I took note that even if a machine "Josh" at least sorted through responses and went one thought deeper. I answered "Really?" and didn't hear back.

I am wondering how in the world they got my number though. What list had a lifelong Republican on a list that thought we needed a Democrat Candidate who could beat Trump?

Anyway, crazy money can buy a lot things. We need to really step up our game from our dismal showing in the 2018 Election.

(I mention the robot thing because Trump texts me more than my wife! Especially the last week of every month. It's hard to get stuff done. And when you make a contribution, the texts keep coming imploring you to give. Anyway, with the campaign coming, I will probably have to finally after three years of enduring sign off of the Trump texts. They just can't figure out who has given and when and who hasn't.)

10 posted on 02/19/2020 6:05:31 AM PST by Religion and Politics (It is time for more than one denomination of "Political Correctness".)
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To: Kaslin
#Mini Mike, I can just buy and bury you bitches!

Thanks to Bon mots for the above reality.


11 posted on 02/19/2020 6:58:32 AM PST by Grampa Dave (The DNC should just sell their top rat candidate via bidding on EBAY!)
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