Democratic Primaries
Related: About this forumHas anyone heard Bloomberg say what he will do with his 60 billion if he wins the presidency?
Will it go into a blind trust? Will he continue to do business like the Trumps?
primary today, I would vote for: Joe Biden
brooklynite
(94,727 posts)primary today, I would vote for: Joe Biden
whathehell
(29,090 posts)If you're really interested in the truth, it's in the links.
primary today, I would vote for: Joe Biden
uponit7771
(90,364 posts)primary today, I would vote for: Joe Biden
TwilightZone
(25,479 posts)I suspect he'll continue giving to charity as he's done for a couple of decades now.
https://www.forbes.com/sites/jenniferwang/2020/01/20/from-buffett-to-bloomberg-the-25-philanthropists-in-america-making-the-biggest-donations/#165f845f4e8f
https://givingpledge.org/Pledger.aspx?id=172
primary today, I would vote for: Joe Biden
JudyM
(29,274 posts)Of course its his money, he has a right to do what he wants with it, but I wouldnt characterize him as an especially charitable person for giving away what he has ... think of how much suffering $50 billion could alleviate in the world... and hed still have $10 BILLION left. Whats he holding it for? Just my opinion, and what Id do if I had more $ than I could possibly use.
primary today, I would vote for: Undecided
4139
(1,893 posts)Hes gotta backpedal on that one
primary today, I would vote for: Joe Biden
Blues Heron
(5,940 posts)still couldn't touch Bloomberg. Dang.
primary today, I would vote for: Undecided
onecent
(6,096 posts)He can hire people (as trump DIDN'T
primary today, I would vote for: Joe Biden
Mike 03
(16,616 posts)that was able to establish the fair price for similar bonds in real time, especially for fixed-income investment managers. This was just barely when computers were becoming available.
Later, he added equities/stocks to the computer, and breaking news that would be of importance to investment managers.
Before that, it was very hard to establish the fair value of a bond, or to find exactly the bond you were looking for.
These could fit on a desk, and Wall Street types rented the unit. Nowadays, it costs about $22,000 a year to rent a terminal. It is also in demand from news rooms and everyday bankers. Wells Fargo was the first corporation to use the Terminal en mass.
That's my lay-person understanding.
Maybe someone else could explain it better.
primary today, I would vote for: Joe Biden
True Blue American
(17,988 posts)Mike is putting his money where his mouth is and promised to keep doing that until the election.
Even the remaining Koch brother is changing. Those real billionaires know Trump is a fake as a $2 bill.
primary today, I would vote for: Joe Biden
safeinOhio
(32,715 posts)$30 million from the NRA this year. They can no longer afford coffee now.
primary today, I would vote for: Joe Biden
True Blue American
(17,988 posts)That really cheers me up! :applause
primary today, I would vote for: Joe Biden
FM123
(10,054 posts)primary today, I would vote for: Joe Biden
safeinOhio
(32,715 posts)Wayne LaPierre some new cloths.
primary today, I would vote for: Joe Biden
gollygee
(22,336 posts)primary today, I would vote for: Joe Biden
FarPoint
(12,437 posts)What do you expect? Please elaborate.
primary today, I would vote for: Joe Biden
tetedur
(820 posts)The President directs policies of the nation in relation to other countries in the world. The mayor of New York City does not.
I think it is a valid question. I think any billionaire running for office should declare up front what they intend to do.
I'd assume no one is interested in "what (I) think or expect." I'm not accusing him of anything.
primary today, I would vote for: Joe Biden
FarPoint
(12,437 posts)He puts his money in the Bank...
primary today, I would vote for: Joe Biden
whathehell
(29,090 posts)https://www.businessinsider.com/bloomberg-built-a-toxic-sexually-charged-nightmare-for-women-2019-11
https://www.theatlantic.com/entertainment/archive/2018/09/mike-bloomberg-comments-women-metoo/570448/
primary today, I would vote for: Joe Biden
FarPoint
(12,437 posts)I'm not gonna be to click flaimbait links...
Secondly...I no longer care....after tRump...no one cares.
primary today, I would vote for: Joe Biden
whathehell
(29,090 posts)Flamebait" my ass -- You never cared.
That said, if you think that "no one" cares, in a Party in which
women are a MAJORITY, in the era of #MeToo, and the Post- Inaugeral Women's March -- the largest march EVER in the nation's history -- you clearly have NOT been paying attention.
primary today, I would vote for: Joe Biden
jmg257
(11,996 posts)primary today, I would vote for: Joe Biden
Cicada
(4,533 posts)In hearings related to him becoming Vice President Nelson Rockefeller was asked about large sums he personally paid various political figures in New York. He replied that he paid them to spare them from temptation. News reports indicated he outbid those paying bribes to assure honest government. The politicians at the hearing laughed when Rockefeller explained why he paid them. Different times.
primary today, I would vote for: Joe Biden
Amimnoch
(4,558 posts)How exactly do you see an emoluments clause conflict occurring? For Cheetolini, it's obvious, his properties, which bear his name, that he and the government and foreign dignitaries stay at are all directly profiting off of his presidency. What is it about Bloomberg's portfolio is suspect?
primary today, I would vote for: Undecided
Recursion
(56,582 posts)I also assume he would firewall off that part of his holdings
primary today, I would vote for: Joe Biden
tetedur
(820 posts)He is not in the debates thus far and is not subject to questions like the other candidates are.
How was Jimmy Carter's peanut business an emoluments clause conflict?
https://www.cnbc.com/2019/07/17/when-jimmy-carter-left-office-his-peanut-business-was-deep-in-debt.html
primary today, I would vote for: Joe Biden
whathehell
(29,090 posts)primary today, I would vote for: Joe Biden
TheCowsCameHome
(40,168 posts)in a Staten Island landfill.
primary today, I would vote for: Undecided
Laelth
(32,017 posts)At one time in our recent history, he would be expected to divest himself of his personal assets and put them in a blind trust to avoid the appearance of profiting from his office as President, but, as you know, that precedent has been broken. No telling what Bloomberg would do, but this would be a good question for a moderator to ask him at a debate.
-Laelth
primary today, I would vote for: Joe Biden
CentralMass
(15,265 posts)primary today, I would vote for: Undecided
rurallib
(62,448 posts)primary today, I would vote for: Joe Biden