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Bloomberg gave $463.8 million to campaign
The Hill ^ | February 20, 2020 | J. Edward Moreno

Posted on 02/20/2020 1:37:31 PM PST by karpov

Former New York City mayor Mike Bloomberg donated a total of $463.8 million to his self-funded presidential campaign by the beginning of February, according to a Federal Election Commission filing posted Thursday.

Of that money, Bloomberg has spent $220 million in January alone — more than several of his opponents have raised in the entire cycle. Axios estimated that equalled a spending of $7.1 million a day, broken down into $4,942 spent per minute and $82.37 per second.

Bloomberg, who’s worth over $50 billion, has been spending heavily on TV advertisements, especially on Super Tuesday states on March 3.

The new filing was submitted the day after Bloomberg made his first debate appearance in Nevada, where he was heavily attacked by his rivals over his support of stop-and-frisk as mayor and nondisclosure agreements he's signed with women amid media reports regarding allegations he has made a number of sexist comments.

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


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: bloomberg
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To: faithhopecharity
“Medicine. Medical research. Many many good causes many of them.”

Think about all of the leftist pet projects he could have funded with that money.

Why isn’t your average Democrat outraged, like they are with everything else?

21 posted on 02/20/2020 2:26:25 PM PST by daler
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To: RayChuang88

A fool and his money are soon parted

Exactly. Can you imagine having this much money to literally throw away? Think of the inner city schools or places for the homeless he could have used this money for. He’s a sick dude. Has no business anywhere near the White HOuse.


22 posted on 02/20/2020 2:26:33 PM PST by dandiegirl (BOBBY)
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To: 1Old Pro
Re his mansion in Bermuda...

In order for a nonUK citizen to buy property in Bermuda, one MUST file certain papers with Parliament, to be passed on, or not. Said papers do contain many questions about the person/s and the family. ( and yes, I DO know all about this, because my parents had to do this, when they purchased property there. )

I'm not certain if it is still true, but at one time, the wealthiest, poshest place ( area ) in Bermuda, where the mansions were, was called "FAIRYLAND". The name had to do with it being akin to something remarkable...out of an old fairy tale.

23 posted on 02/20/2020 2:29:24 PM PST by nopardons
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To: karpov

The constructive purposes this money could have been used for. Despicable.


24 posted on 02/20/2020 2:31:07 PM PST by headstamp 2 (There's a stairway to heaven, but there's also a highway to hell.)
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To: Jess Kitting
......lobbying to get on the debate stage before his first contest was an operational-level error......


25 posted on 02/20/2020 2:45:49 PM PST by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: karpov

Trump mostly self-funded his first campaign. But what he did NOT do, is bribe the RNC, as Bloomberg has bribed the DNC. Plus Trump didn’t have to make ad buys like Bloomberg; the news media gave him millions of dollars worth of free advertising, trying to put him under. It, of course, did just the opposite, and helped him win.
The clips I’ve heard from last night’s debate, smell suspiciously of a well-organized, well-rehearsed attack plan by democrat candidates against Bloomberg. They’re furious at his DNC bribes, plus they’re scared to death of him. Warren’s attacks about NDA’s may have thrilled her cohort and the audience, but any fair-minded American should have seen right away, that as a lawyer, she knows NDA’s are legal documents, that cannot just be discarded wholesale, as she was repeatedly trying to bludgeon him to do.


26 posted on 02/20/2020 2:46:56 PM PST by Flaming Conservative ((Pray without ceasing))
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To: karpov

What may be one of the easiest ways ever to become a millionaire? Start out as a billionaire and run an unsuccessful campaign for President.

Actually, that would STILL take a long time.

I don’t believe Mike Bloomberg has completely thought this through, and that is somewhat surprising, considering his other money decisions in life.

“If you’re so smart, why ain’t you rich?”

“If you’re so rich, why ain’t you smart?”


27 posted on 02/20/2020 2:48:40 PM PST by alloysteel (Freedom is not a matter of life and death. It is much more serious than that..)
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To: karpov

he better spend some money learning how to debate


28 posted on 02/20/2020 2:54:48 PM PST by Godzilla ( I just love the smell of COVFEFE in the morning . . . .)
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To: daler
Think about all of the leftist pet projects he could have funded with that money.

He could have provided a free abortion to half a million poor women who couldn't have afforded one on their own.

29 posted on 02/20/2020 3:09:31 PM PST by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: daler

The D ‘s aren’t outraged about multi- billionaire soroznazi buying the dnc. And they’re not outraged about billionaire steyer buying into the D party. And they’re not outraged about fake D billionaire Bloomberg trying to buy the D nomination either. They just love sucking ($$$$$$$$$$). Money talks. And when it does , it calls the tune. At least in some quarters


30 posted on 02/20/2020 4:11:53 PM PST by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE).)
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To: TexasFreeper2009

He must have a very incompetent campaign manager.

Because NO ONE had prepared him for the grilling he got last night.


31 posted on 02/20/2020 4:22:54 PM PST by Let's Roll ("You can avoid reality, but you cannot avoid the consequences of avoiding reality" -- Ayn Rand)
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To: karpov
I think campaign contribution limits should be raised to reduce the advantages of self-funding candidates with net worths in the tens of billions. It does not make sense to forbid individual donations exceeding $2800.

Easy solution to fix this for everybody. All $$/people/other limits are removed.

- New limit put in place: Candidates can only accept donations from their constituents. So, you cannot donate to a candidate unless you either live in their district (official residency), or own a business (tax nexus that draws revenue) in that district. This applies to EVERY race: Pres (nationwide race, so doesn't really matter), CongressCritter, Sheriff, DA, Governor, Mayor, local dogcatcher, etc.
- Oh, and all candidates are required to keep a a list of where every $$ comes from.
- 5-20% of candidates each year are randomly audited to verify district-ness of their $$. Any that are suspicious can be verified as well.
32 posted on 02/21/2020 9:09:38 AM PST by Svartalfiar
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