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FM123

(10,053 posts)
Tue Apr 21, 2020, 12:15 AM Apr 2020

Bloomberg's final bill: $1 billion for a 104-day campaign

(Politico) Mike Bloomberg ended his ill-fated presidential bid on March 4, but his campaign still shelled out nine figures last month anyway, taking his total spending to more than $1 billion in a losing run for the Democratic nomination.

The billionaire’s campaign spent $176 million in March, according to the campaign finance report Bloomberg filed with the Federal Election Commission on Monday. That pushed his spending north of $1 billion for a campaign that lasted a bit over four months.

It isn’t unusual for campaigns to spend some money after they end — but the staggering size of Bloomberg’s post-dropout spending illustrates the unusual scale of his campaign, which ultimately saw the media mogul win only one contest: American Samoa. He did net delegates on Super Tuesday as well, but he spent more than $17 million for each delegate acquired.

Bloomberg’s campaign paid out $23.3 million in salary, fringe benefits and payroll taxes and fees in March alone, according to the campaign finance filing. However, the billionaire also left many former staffers furious by cutting them loose last month. Bloomberg’s campaign enticed Democratic operatives across the country with promises of a paying job through the November election, regardless of whether he ultimately won the nomination or not.

(Read More)
https://www.politico.com/news/2020/04/20/bloomberg-1-billion-104-day-campaign-197216

My suggestion to Mike Bloomberg: There are almost 6 million Americans in over 30 states that can't vote in November because paying off their court ordered costs is a direct or indirect requirement for voting. Many of them are financially struggling just to buy food. If you pay off all their legal financial obligations so their voting rights are restored, those 6 million folks just might swing the outcome of a national election and save us from a second term of terror. You are a private citizen now, please do this!

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Bloomberg's final bill: $1 billion for a 104-day campaign (Original Post) FM123 Apr 2020 OP
Mike, make good on your promise to support the Democratic nominee. Stinky The Clown Apr 2020 #1
I'm sure he's made that back by now. In It to Win It Apr 2020 #2
Yep, that much money makes money just sitting there. brush Apr 2020 #7
Bloomberg spent a bunch of money against trump and other GOPers. Personally, I'm appreciative. Hoyt Apr 2020 #3
thumbs up only for your wise suggestion! marble falls Apr 2020 #4
Good on you, FM123. crickets Apr 2020 #5
Does this mean he has fulfilled his pledge sarisataka Apr 2020 #6
 

Hoyt

(54,770 posts)
3. Bloomberg spent a bunch of money against trump and other GOPers. Personally, I'm appreciative.
Tue Apr 21, 2020, 12:32 AM
Apr 2020

crickets

(25,969 posts)
5. Good on you, FM123.
Tue Apr 21, 2020, 12:41 AM
Apr 2020

You make an excellent point about money that could be well spent to free people to vote however they wish, rather than money that stokes the [advertising] artful lies machine.

[complicated thoughts]

Thank you.

sarisataka

(18,633 posts)
6. Does this mean he has fulfilled his pledge
Tue Apr 21, 2020, 01:40 AM
Apr 2020

to spend a billion opposing Trump? He will not spend more to support the nominee?

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