Dem billionaires Steyer and Bloomberg already have spent a combined $200 million in quest for presid

[mystery-ak]

December 26, 2019
Dem billionaires Steyer and Bloomberg already have spent a combined $200 million in quest for presidency
By Thomas Lifson

Remember when the Democrats thought “money politics” was a bad thing? That moral certainty started to crumble when Hillary Clinton outspent Donald Trump by a factor of at least 2, and still went down to defeat. And while vilifying Wall Street makes for good progressive virtue-signaling, the Dems are now the party of plutocrats, buying with welfare and money transfers the support of an underclass kept angry and dependent by progressive policies that hamper job-creation and reward idleness and dependency.

President Trump’s tax and regulations cuts have boosted job growth and income at the lower end of the market, imperiling this strategy, but that hasn’t stopped the billionaires lusting for power and still welcome in the party. Maya King of Politico writes:

    Together, Tom Steyer and Michael Bloomberg have poured nearly $200 million into television and digital advertising alone, with the former New York mayor spending an unprecedented $120 million in the roughly three weeks since he joined the presidential race. That’s more than double the combined ad spending of every single non-billionaire candidate in the Democratic field this entire year.

    “We’ve never seen spending like this in a presidential race,” said Jim McLaughlin, a Republican political strategist who worked as a consultant for Bloomberg’s mayoral bids in New York. “He has a limitless budget.” (snip)

     Steyer isn’t spending at the same stratospheric levels as Bloomberg, yet with $83 million in ad buys so far, he’s still far outpacing everyone other than his fellow billionaire. The next highest spender on ads is Pete Buttigieg at $19 million.

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https://www.americanthinker.com/blog/2019/12/dem_billionaires_steyer_and_bloomberg_already_have_spent_a_combined_200_million_in_quest_for_presidency.html

[PeteS in CA]

I don't think they'll succeed in buying the Dem nomination. Bloomberg has infested You Tube with his ads, and despite the power the Dems have attributed to a few $100K of Russian ad buys in 2016, Bloomberg's far more massive ad campaign hasn't even slightly inclined me to view him favorably. All in all, I suspect this is $200M that won't be doing worse things 6 or 9 months from now.

[Applewood]

Steyer's ads are all over the tv in my neck of the woods.  Tries to come off as a regular guy just like the rest of us.  I want to hurl. 

And someone please tell Bloomberg to stop taking credit in the aftermath of 9/11.  It was Rudy, not this bozo, who helped NY through.  If anything, Bloomberg undid the good Rudy did for the city.

[andy58-in-nh]

Progressive pinhead plutocrats pandering to the public by pissing away their prosperity is no basis for a system of government.

[PeteS in CA]

Steyer's ads are all over the tv in my neck of the woods.  Tries to come off as a regular guy just like the rest of us.  I want to hurl. 

And someone please tell Bloomberg to stop taking credit in the aftermath of 9/11.  It was Rudy, not this bozo, who helped NY through.  If anything, Bloomberg undid the good Rudy did for the city.

Bloomberg became mayor in 2002 (January? Not sure what month). So the first 4 months of recovery, at the least, were under Giuliani, who also set processes in motion that Bloomberg inherited and for which he is taking credit.

[LottieDah]

To Applewood:  You are correct it was Rudy who held NYC together after 9/11.  I would walk by City Hall at 8:00 a.m. each morning just as Rudy's car was pulling up.  He was there bright and early doing his job.  The day Bloomberg got elected all the trash receptacles in the NYC filled up and remained that way for weeks.  Bloomberg is full of himself.

[PeteS in CA]

Progressive pinhead plutocrats pandering to the public by pissing away their prosperity is no basis for a system of government.

  for the alliteration!