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Yo_Mama_Been_Loggin

(108,170 posts)
Wed Feb 13, 2019, 02:10 PM Feb 2019

Michael Bloomberg's $500 million anti-Trump moonshot

Billionaire philanthropist Michael Bloomberg is preparing to spend at least $500 million from his own pocket to deny President Trump a second term, according to Democratic operatives briefed on his plans.

Bloomberg has not yet announced whether he will run in the Democratic primary. If he runs, he will use that half-billion-dollar stake — roughly $175 million more than the Trump campaign spent over the course of the entire 2016 election cycle — to fuel his campaign through the 2020 primary season, with the expectation that the sum represents a floor, not a ceiling, on his potential spending.

If Bloomberg declines to seek the presidency, his intention is to run an unprecedented data-heavy campaign designed to operate as a shadow political party for the eventual Democratic nominee.

“That’ll get us through the first few months,” Kevin Sheekey, a top advisor to the former New York City mayor, told POLITICO when asked about the $500 million plan, which is just 1 percent of Bloomberg’s estimated net worth.

https://www.msn.com/en-us/news/politics/michael-bloombergs-dollar500-million-anti-trump-moonshot/ar-BBTwB8V?li=BBnbcA1

While I don't want 4 more years of the dotard I have to say that's an astronomical amount to spend.

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