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View Full Version : Michael Bloomberg Launches Democrat Presidential Bid



jimnyc
11-24-2019, 12:00 PM
A few days ago it was noted that he purchased $33 million in ads. This pissed of Bernie of course, as Bloomberg has the ability to try to buy the election. Of course that's not possible, but the money does give him the ability to get his name and other crap out there quicker and longer.

And yet I think he goes absolutely nowhere.

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Michael Bloomberg Launches Democrat Presidential Bid

NEW YORK (AP) — Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.

Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat President Donald Trump. He will quickly follow with a massive advertising campaign blanketing airways in key primary states across the U.S.

“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.

“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”

Bloomberg’s entrance comes just 10 weeks before primary voting begins, an unorthodox move that reflects anxiety within the Democratic Party about the strength of its current candidates.

As a centrist with deep ties to Wall Street, Bloomberg is expected to struggle among the party’s energized progressive base. He became a Democrat only last year. Yet his tremendous resources and moderate profile could be appealing in a primary contest that has become, above all, a quest to find the person best-positioned to deny Trump a second term next November.

Forbes ranked Bloomberg as the 11th-richest person in the world last year with a net worth of roughly $50 billion. Trump, by contrast, was ranked 259th with a net worth of just over $3 billion.

Rest - https://www.breitbart.com/news/michael-bloomberg-launches-democratic-presidential-bid/