The billionaire ex-mayor decided to forgo New Hampshire and all other early primary states and has invested $188m in his campaign
In their stump speeches, advertising, and meet-and-greets, the top 2020 Democratic presidential candidates are eagerly sniping at each other as they criss cross the Granite state in the final days before the critical New Hampshire Democratic primary on Tuesday.
Yet one person is conspicuously absent. Looming over the race is fellow candidate and former New York mayor Michael Bloomberg, a billionaire who has decided to completely forgo New Hampshire and all other early primary states to instead invest heavily in the crucial set of Super Tuesday states that vote on 3 March an unconventional and risky strategy.
Bloomberg is spending millions to buy the election, Sanders warned this week.
How do we feel about living in so-called democracy when a billionaire multiple time over can do that? How do we feel when we have candidates in the Democratic party taking money from billionaires?
Having spent at least $10m on a 60-second advert in the Super Bowl last week, Bloomberg has since capitalised on the chaos from the Iowa caucuses, in which both the self-described Democratic socialist Vermont senator Bernie Sanders and the moderate former South Bend mayor Pete Buttigieg declared victories, though the race was officially too close to call.
The former vice-president Joe Biden, who had been seen as the frontrunner among the moderate candidates, trailed in fourth and called the Iowa result a gut punch. Bloomberg, who has cast himself as the moderate to beat Trump and banked on Biden falling behind, responded by doubling his advertising spending.
At a press conference about the Iowa results, Sanders said it was an absolute outrage that Bloomberg would also likely qualify for the next televised presidential debate in Nevada later this month, when he is not even on the ballot there. I guess if youre worth $55b you can get the rules changed to debate.
Besides eschewing the early primary states, Bloomberg has opted to self-fund his campaign and has poured in over $188m. He has also quietly been working to bottleneck funding avenues for other the campaigns of other candidates by urging deep pocketed donors to give to Democratic committees instead.
Original Article : HERE ;
from MetNews https://metnews.pw/bloombergs-unusual-campaign-10m-ads-self-funding-and-a-super-tuesday-focus/
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