Tag: Mike Bloomberg

Posted on

Mike Bloomberg Building ‘Parallel, Unofficial Party Structure’

Former NYC Mayor Mike Bloomberg (image via campaign)
Axios took a deep dive into how billionaire Mike Bloomberg is putting his money where his mouth is in terms of building a huge campaign operation as he runs for the Democratic nomination for president.

The big picture: Bloomberg’s campaign has repeatedly said it will spend “whatever it takes” to defeat President Trump. There’s nothing stopping Bloomberg from topping $2 billion.

    • With 2,100 paid staff, Bloomberg has three times as many as Trump, five times as many as Joe Biden and more than twice as many as Elizabeth Warren, according to data the campaigns provided to Axios.
    • He pays his staff more than any other 2020 Democrat’s campaign and offers housing if they have to move to New York City, according to a campaign official.

By the numbers: In just over a month, Bloomberg spent more than the top 2020 contenders spent for the whole final quarter of 2019 combined, according to Federal Election Commission data. He also outspent the entire RNC and DNC.

(image via Axios)
Posted on

Bloomberg Trolls Trump: “Two Billionaires? Who’s The Second One?”

Talk about next-level trolling. During an interview with CBS News, Mike Bloomberg was asked about his feud with Donald Trump, and whether people want to see two billionaires fighting on Twitter. Bloomberg: “Two billionaires? Who’s the second one?” Bloomberg is a self-made billionaire worth an estimated $56 billion. Trump claims he’s a billionaire, but no one has ever seen any proof of that as he is the first president in over 40 years to refuse to release his tax returns.

Posted on

Bloomberg Would Repeal Tax Cuts For Wealthy

L-R Mike Bloomberg, Donald Trump
From the New York Times:

Former Mayor Michael R. Bloomberg of New York unveiled a plan on Saturday that would raise an estimated $5 trillion in new tax revenue from high earners and corporations, a proposal that would almost certainly raise his personal tax bill but is less aggressive than those from his most liberal rivals for the Democratic presidential nomination. The proposal includes a repeal of President Trump’s 2017 tax cuts for high earners, along with a new 5 percent “surcharge” on incomes above $5 million per year. It would raise capital gains taxes for Americans earning more than $1 million a year and maintain a limit on federal deductions of state and local tax payments set under the 2017 law, which some Democrats have pushed to eliminate.

Posted on

Rising In The Polls, Bloomberg Courts LGBTQ Voters

Former NYC Mayor Mike Bloomberg (image via campaign)
Former New York City Mayor Mike Bloomberg took part in a conference call with LGBTQ journalists on Tuesday as he introduced his policy plans to support LGBTQ Americans if elected president. Bloomberg told reporters he usually doesn’t jump on media calls when releasing new policy proposals, but he explained, “This is an issue that really does mean a lot to me, and so I wanted you to hear it directly from me today.”

View this post on Instagram

As Mayor, Mike launched ambitious affordable housing projects that helped more New Yorkers gain access to housing and build house wealth. As President, he intends to do the same. Today, he proposed two programs to expand and reform affordable housing and economic opportunity by: ✅ Raising the minimum wage to $15 an hour by 2025 ✅ Expanding funding for Low-Income Housing Credit ✅ Launching a competition that awards $10 billion to municipalities that offer the best solutions to restrictive zoning and other obstacles ✅ Reforming the Earned Income Tax Credit ✅ Increasing the Child Tax Credit to make it fully refundable and phase it in faster Mike is determined to wage a war on poverty that is more innovative and effective, not business-as-usual, and engages trailblazing local leaders.

A post shared by Team Bloomberg (@mike2020) on

Bloomberg shared his 10-page LGBTQ platform which broadly covers five points: 1. Ensure equal treatment of LGBTQ+ Americans in the workplace and in their communities. Bloomberg promises, like most of the Democratic White House hopefuls, to support and fight for passage of The Equality Act which would add LGBTQ protections to existing civil rights laws in regard to housing, employment, education, public accommodation, and federally funded programs. He also supports the Do No Harm Act, which would amend the Religious Freedom Restoration Act to clarify that it does not allow religious exemptions from generally applicable anti-discrimination laws. Mike will also end the Trump administration’s practice of granting federally funded organizations a license to discriminate against people based on their religious beliefs, sexual orientation or gender identity. 2.  Address disparities in health care coverage and treatment for LGBTQ+ Americans and end the HIV/AIDS epidemic by 2030. 3.  Protect LGBTQ+ youth and families, and promote safe and inclusive schools via a new federal “Respect for All” initiative to combat bullying, harassment and discrimination in public schools. 4.  Protect LGBTQ+ Americans, especially transgender women of color, from harm in the criminal justice system and in their communities. This would include regular training for federal law enforcement in de-escalation and implicit bias to address high levels of police profiling and misconduct, including against LGBTQ+ people. 5.  Lead by example, protecting the rights of LGBTQ+ people at home and abroad which would include an increased commitment to the president’s Emergency Plan for AIDS (PEPFAR) and rescinding the Trump administration’s ban on trans individuals serving in the U.S. military.

While much of this can be accomplished through executive order, items like The Equality Act require cooperation from Congress. Bloomberg’s policy team feels there’s a strong chance that the U.S. Senate could return to Democratic control this fall, and in doing so, clear much of the path for passage of The Equality Act. In a follow-up question, I asked what path or persuasion the former mayor might use if the Senate did remain in GOP control. The answer was that as long as Donald Trump didn’t remain in the White House, Team Bloomberg feels confident there will be a “different set of political forces at play” and the “challenge would look very different.” The team also reiterated Bloomberg’s promise to continue in funding the fight for the presidency this fall even if he’s not the nominee. For more information about Bloomberg’s policy proposals regarding LGBTQ Americans, head over to MikeBloomberg.com.

Posted on

News Round-Up: January 27, 2020

(via Instagram)
Some news items you might have missed: • Instagram: I love the wisdom and illustrations of artist Henry J. Garrett like the one above. Make sure to follow him on the gram of Insta here. • Miami Herald: Former New York mayor and 2020 presidential candidate Mike Bloomberg broke with most of the Democrats vying for the party’s nomination to unequivocally back statehood for Puerto Rico in a policy plan released Monday. • Reuters: The U.S. Supreme Court gave the go-ahead on Monday for the Trump administration to implement a rule denying legal permanent residency to certain immigrants deemed likely to require government assistance in the future. Opponents of the policy view it as a “wealth test” that would disproportionately keep out non-white immigrants. • CNN: Apparently, a blending tank door at Rodney Strong Vineyards popped open and spilled 97,112 gallons of red wine into the Russian River. #alcoholabuse • Politico: Andrew Yang is the seventh candidate to qualify for the next Democratic debate joining Joe Biden, Pete Buttigieg, Amy Klobuchar, Bernie Sanders, Tom Steyer and Elizabeth Warren. • NY Times: In a recent interview, SNL cast member Bowen Yang revealed that when his parents found out he might be gay, they sent him to conversion therapy – an experience Yang describes as ‘crazy.’ • Out Music: The latest from international pop star Ricky Martin, “Tiburones,” was filmed in Puerto Rico. No translation needed, really. Both the song and the video are about deciding to change plans or directions so all involved can move forward together. Sounds simple enough, yes?

Posted on

Bloomberg Has Already Spent $120 Million On Super Tuesday Ads

Billionaire Michael Bloomberg announces official entry into 2020 presidential race
Former New York City Mayor Mike Bloomberg said before he entered the 2020 Democratic primary race he would spend “whatever it takes” to beat Donald Trump, and he wasn’t kidding. The Hill reports Bloomberg has reportedly spent about $120 million in digital and television ads since joining the presidential race last month.

The billionaire candidate is targeting large Super Tuesday states such as California and Texas, spending more than $13 million in each of those states, Politico reported Wednesday. Bloomberg has also spent that much in Florida, which votes a week after Super Tuesday, according to the news outlet.

Politico reported that Bloomberg has already outspent all of his competitors. Billionaire Tom Steyer has reportedly spent $83 million in ad buys, the second most, followed by South Bend, Ind., Mayor Pete Buttigieg, who has reportedly spent $19 million.

Posted on

Former NYC Mayor Mike Bloomberg Weighing A 2020 White House Run

Former New York City Mayor Mike Bloomberg

Former New York City Mayor Mike Bloomberg
Former New York City Mayor Mike Bloomberg
From the New York Times:

Michael R. Bloomberg is actively preparing to enter the Democratic presidential primary and is expected to file paperwork this week designating himself as a candidate in at least one state with an early filing deadline, people briefed on Mr. Bloomberg’s plans said.

Mr. Bloomberg, the former New York City mayor and billionaire businessman, has been privately weighing a bid for the White House for weeks and has not yet made a final decision on whether to run, an adviser said. But in the first sign that he is seriously moving toward a campaign, Mr. Bloomberg has dispatched staffers to Alabama to gather signatures to qualify for the primary there. Though Alabama does not hold an early primary, it has a Friday deadline for candidates to formally enter the race.

A Fox News poll found in late October that Mr. Bloomberg would face more opposition than enthusiasm at the outset of a primary campaign: Presented with Mr. Bloomberg as a hypothetical entrant into the primary, 6 percent of Democratic primary voters said they would definitely support him, while 32 percent said they would never vote for him.

I highly doubt Democrats are clamoring for a 77-year-old billionaire who used to be a Republican to enter the race. That said, Bloomberg would irritate Trump by being in the race if for nothing else than the fact that the former NYC mayor is REALLY, REALLY rich.