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Tue Apr 21, 2020, 12:15 AM

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.

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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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Reply Bloomberg's final bill: $1 billion for a 104-day campaign (Original post)
FM123 Apr 21 OP
Stinky The Clown Apr 21 #1
In It to Win It Apr 21 #2
brush Apr 21 #7
Hoyt Apr 21 #3
marble falls Apr 21 #4
crickets Apr 21 #5
sarisataka Apr 21 #6

Response to FM123 (Original post)

Tue Apr 21, 2020, 12:23 AM

1. Mike, make good on your promise to support the Democratic nominee.

Another couple billion would be good.

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Response to FM123 (Original post)

Tue Apr 21, 2020, 12:29 AM

2. I'm sure he's made that back by now.

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Response to In It to Win It (Reply #2)

Tue Apr 21, 2020, 02:21 AM

7. Yep, that much money makes money just sitting there.

He's not hurting.

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Response to FM123 (Original post)

Tue Apr 21, 2020, 12:32 AM

3. Bloomberg spent a bunch of money against trump and other GOPers. Personally, I'm appreciative.

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Response to FM123 (Original post)

Tue Apr 21, 2020, 12:34 AM

4. thumbs up only for your wise suggestion!

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Response to FM123 (Original post)

Tue Apr 21, 2020, 12:41 AM

5. Good on you, FM123.

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.

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Response to FM123 (Original post)

Tue Apr 21, 2020, 01:40 AM

6. Does this mean he has fulfilled his pledge

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

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