Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year, no matter if he runs for the Democratic nomination himself or not, it was revealed on Wednesday.
Bloomberg - who's worth an estimated $50 billion - has not announced whether or not he'll run for president but Democratic operatives told Politico the billionaire former mayor of New York is prepared to spend big either way.
If he runs, Bloomberg will use the funds to fuel his campaign through the crowded Democratic primary where at least 10 contenders are already vying for the party's nomination.
Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year
President Trump said he'd love to run against Bloomberg
If he doesn't run, he would use the money to run a data-heavy campaign that would work as a shadow apparatus for the Democratic nominee.
'That'll get us through the first few months,' Kevin Sheekey, a top Bloomberg advisor told Politico.
'Mike spent $100 million in his last New York City election. And you can do the math as you think more broadly but New York City is 3 percent of the national population,' Sheekey added. 'I'm not suggesting it's straight math. But I'm suggesting that when Mike Bloomberg is committed to making a difference and seeing something though, generally speaking he's pretty unabashed in doing so.'
It's not the first time the former mayor's team has indicated Bloomberg is willing to heavily invest in getting Trump out of the Oval Office.
In December, Bloomberg's top political adviser Howard Wolfson indicated to CNBC that Bloomberg was willing to put his money where his mouth was and spend more than $100 million to win the presidency.
'Mike spent more than $100 million in his last mayor's race. Last time I looked, NYC is a fraction of the size of the country as a whole,' Wolfson told CNBC.
The former mayor has already boosted Democratic coffers.
He spent more than $110 million backing Democrats during the 2018 midterm election in their failed attempt to win back control of the Senate.
But, looking ahead to 2020, the former New York City mayor has assembled a political team in New York that is working on two plans:
Plan A is Bloomberg runs for president.
Plan B is Bloomberg doesn't run but uses all the data and field staff he can to help Democratic nominee take down Trump.
'They're going to do the infrastructure and logistical work to fill in the gaps for the state and national parties so that whoever the nominee is would inherit a state-of-the-art, fully functioning infrastructure,' a consultant told Politico of Plan B. 'It's being done with a clear and specific purpose: stopping Donald Trump.'
None of the announced Democratic primary candidates would be able to match Bloomberg's money if he runs.
Money doesn't guarantee him the nomination but it does give him a huge advantage over his rivals.
Also still weighing runs are former Vice President Joe Biden, who leads polls on who Democrats want as their nominee, and former Congressman Beto O'Rourke, who turned his huge social media presence into massive dollars for his failed Texas Senate bid.
Bloomberg said he's not thinking about others' plans when it comes to his own decision.
'My decision doesn't depend on what other people are going to do,' he told the Associated Press recently. 'My decision depends on whether or not I think I can make a difference.'
He's made visits to New Hampshire and Florida - important states in the primary process - as he mulls his decision.
Bloomberg told 'Meet the Press' in December he'd decide on a presidential bid in early 2019.
Michael Bloomberg talks with Orlando Mayor Buddy Dyer during his visit to Orlando Utilities Commission's sustainable energy facility last week
Michael Bloomberg talks with factory workers in New Hampshire last month
'Timeline is beginning of the year, end of January, into February maybe. There's no rush to do it. Everybody wants to know what you're going to do, and the bottom line is I'm not sure yet. I care about a bunch of issues. I care for my kids. I care for this country that's been so good to me. And I want to see how I can help the best. Right now, my foundation and my company, I give 100% of the company's profits, or my share of them, to the foundation,' he said.
Trump, meanwhile, said he would love to run against 'Little' Michael Bloomberg in the 2020 election.
'I'd love to run against Little Michael,' he told the New York Post in November.
And he took a shot at the former mayor's 2018 spending - and it's failure to produce a Senate victory for Democrats.
'I would love to run against him. He's been fighting me hard. He spent $100 million against me – that didn't work,' the president said.
Bloomberg will be 76 in 2020, making him the oldest and richest person to seek the Oval Office.
This also marks the fourth time Bloomberg has mulled throwing his hat into the presidential ring - an option he considered in 2008, 2012, and 2016.
Bloomberg considered running as an Independent last cycle but ultimately opted not to run two years ago amid fears he could not win on a third-party line.
When speculation began last year that Bloomberg would seek the Oval Office, it was reported he was considering the move partly because of regret that he didn't stay in the race in 2016, because he feels he could have either won or at least prevented Trump from winning.
Despite being New York billionaires, Trump and Bloomberg rarely spent time together.
In 2007, when Bloomberg was in the second of his three terms as New York City mayor, the two played together in a charity event at Trump National Golf Club.
Democrats Beto O'Rourke (left) and Joe Biden (right) are still mulling 2020 bids
And Bloomberg appeared twice on Trump's reality TV show, 'The Apprentice,' in 2004 and 2008, to show support for a program produced in New York.
Additionally, Bloomberg's daughter Georgina is friends with Ivanka Trump.
Bloomberg has also hit Trump where it hurts - taking shots at his wallet and implying Trump doesn't deserve the billionaire title.
In July 2017, Bloomberg, in an interview with the German magazine Der Spiegel, laid it out.
'Let me phrase this carefully so you get the message: I don't know how wealthy other people are,' Bloomberg told the interviewer when asked about the president.
And when asked if he was implying Trump wasn't a billionaire, Bloomberg replied: 'I didn't say that. You said that.'
Bloomberg is believe to be worth $51.7 billion, according to Forbes, while Trump's is believed to be $3.1 billion.
Link hienalouca.com
https://hienalouca.com/2019/02/13/michael-bloomberg-will-spend-at-least-500-million-to-defeat-trump-whether-or-not-he-runs-for-wh/
Main photo article Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year, no matter if he runs for the Democratic nomination himself or not, it was revealed on Wednesday.
Bloomberg – who’s worth an estimated $50 billion – has not announced...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves Online news HienaLouca
https://i.dailymail.co.uk/1s/2019/02/13/17/9777648-6701123-image-a-13_1550078862772.jpg
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