[ April 19, 2024 ]
Endorses sleepy Joe. So it’s down to the socialist and the soft brain.
Bloomberg drops out of presidential race, endorses Biden
NEW YORK (AP) — Billionaire Mike Bloomberg ended his bid for the Democratic presidential nomination on Wednesday and endorsed former Vice President Joe Biden. It was a stunning collapse for the former New York City mayor, who had his 2020 hopes on the Super Tuesday states and pumped more than $500 million of his own fortune into the campaign.
Bloomberg announced his departure from the race after a disappointing finish on Super Tuesday in the slate of states that account for almost one-third of the total delegates available in the Democratic nominating contest. He won only the territory of American Samoa and picked up several dozen delegates elsewhere. Biden, meanwhile, won big in Southern states where Bloomberg had poured tens of millions of dollars and even cautiously hoped for a victory.
Story continues below advertisementTwo of his former Democratic rivals, Amy Klobuchar and Pete Buttigieg, dropped out of the race and endorsed Biden as the moderate alternative to Vermont Sen. Bernie Sanders just the day before Super Tuesday.
Bloomberg ran an unprecedented campaign from the start. His late entrance into the race in November prompted him to skip campaigning in the first four voting states of Iowa, New Hampshire, Nevada and South Carolina. He hung his success on Super Tuesday, spending at least $180 million on advertising in those states, but had planned to continue deep into the primary calendar, already spending millions on advertising in states like Florida, Michigan and Pennsylvania. Before results poured in on Tuesday, he projected confidence while campaigning in Florida, only to have his aides say the campaign would reassess the next day.
Voters ultimately rejected Bloomberg’s argument that he was the candidate best poised to take on Republican President Donald Trump. The president, for his part, had paid close attention to the Democratic nominating contest and had been especially fixated on Bloomberg. Trump regularly railed against his fellow New Yorker on Twitter, mocking his short stature by calling him “Mini Mike” and claiming Bloomberg was the candidate he wanted to run against. On Tuesday, he called the results a “complete destruction” of Bloomberg’s reputation.
Bloomberg, 78, is one of the world’s richest men, worth an estimated $61 billion. His fortune flows from the financial data and media company that bears his name, which he started in the 1980s. In addition to serving 12 years as New York mayor, he endeared himself to progressive groups by pouring hundreds of millions of dollars into fighting climate change and curbing gun violence.
In the early weeks of his campaign, he used his vast fortune to introduce himself to voters outside New York on his own terms, and his rivals accused him of trying to buy the party’s nomination and the White House. As voting drew closer, the former Republican was forced to confront his Democratic rivals head on by appearing alongside them on a debate stage. His first performance was shaky and uneven and caused voters to view him with a more critical eye.
He proved unable to overcome consistent criticism of New York’s use of the stop-and-frisk police practice under his tenure as mayor, which disproportionately targeted young black and Latino men for searches aimed at finding weapons. The practice ended after a federal judge declared it unconstitutional, and Bloomberg apologized for using it weeks before announcing his presidential run.
He similarly faced pointed criticism — primarily from rival Elizabeth Warren — about the treatment of women at his company, Bloomberg LP. Under pressure from Warren, he said in mid-February he would release three women who sued him for harassment or discrimination complaints from confidentiality agreements. Women who worked for Bloomberg were featured in a commercial praising Bloomberg’s and the company’s treatment of women, and his longtime partner Diana Taylor defended him as a champion of women.
Bloomberg was dogged by accusations he was trying to buy the Democratic presidential nomination. His vast fortune proved a perfect foil for Sanders, who has said billionaires should not exist at all. Indeed, Bloomberg had a vast circle of influence from his spending on key causes like gun control as well as his philanthropic efforts to boost American cities and provide leadership training for mayors. Dozens of prominent mayors rallied behind his candidacy.
That, combined with Biden’s resurgence in South Carolina and the rallying of the party’s moderate wing behind him, doomed Bloomberg’s case that he was the best candidate to take on both Sanders and Trump.
What’s next for Bloomberg is unclear. He’d pledged to keep campaign offices open in key general election battleground states to help the Democrats defeat Trump even if he lost the party’s nomination. But Sanders’ campaign has said they do not want the help.
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22 Comments
4 years ago
Bloomberg was a stalking horse from the beginning, to stop Bernie Sanders.
———————–
Stalking Horse n.
“A stalking horse is a figure that … mounts a challenge against someone on behalf of an anonymous third party…. In politics, the circumstances are an attempt to bring down a powerful leader, usually by members of their own party.” — online dictionary
———————–
Bloomberg acted as a stalking horse to draw support away from Bernie Sanders. And now, Bloomberg donates that support to Biden.
4 years ago
Reply to
DemocracyRules
So Doomberg is now supporting Biden? Bernie is still going strong as they steal the election away from him again. Bernie is easy to placate. Just give him some money or another house.
4 years ago
Reply to
felix1999
Hey Felix, yes, I think Bloomberg was a Biden stooge. Bernie supporters would not support a capitalist Bloomberg, but Democrats who wanted a sane, non-communist President would go for Bloomberg. I notice that when Bloomberg bailed today, he sent his support to Biden, not Bernie or Warren.
4 years ago
Reply to
DemocracyRules
…because Obama told him to….trust me.
Anyone who doesn’t think Obama, Moochelle, Jarrett, and Rice aren’t working behind the scenes here is fooling themselves.
4 years ago
Reply to
ladywarrior
I agree. Spygate goes right up to Obama, and he will be very motivated to prevent that scandal coming out, if Trump continues.
4 years ago
We are now left with a crazy socialist and a zombie to represent the Democrats.
4 years ago
Reply to
Warmac9999
Yes, and with this new situation, Biden’s VP choice is critical, because Biden would probably be removed as President, for being demented. So the VP would take over. Thank goodness Trump will win!
4 years ago
Reply to
DemocracyRules
I see the 25th Amendment in Biden’s future if God forbid he is elected. Don’t assume Trump will win. I’d rather error on the side of paranoia than have a nutcase in there. I have never seen the DEMS bahave this crazy and their coruption and cheating so obvious.
4 years ago
Reply to
felix1999
Yes the 25th amendment looks likely for Biden. The Dems may just want Biden because he will be easy to control. His White House staff and the VP would run the country.
4 years ago
Reply to
DemocracyRules
I’m not worried about the next election….President Trump will win in an unprecedented landslide.
I’m worried about 2024…..who will take up the challenge of continuing the great achievements of President Trump?
At this point….I pray it is either Devin Nunes or Jim Jordan.
4 years ago
So. The moron and the bolshevik and the fake indian are still running.
4 years ago
Bloomberg – thats spanglish for super-rich d-bag
+++
We Love Kafirs, Yes We DO
We Love Kafirs, How ‘Bout YOU ????
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4 years ago
Trump must really piss him off. Trump only spent about 65 million of his own money, wasn’t a politician, ran for President once and won the election. How will Bloomberg’s enormous EGO handle this? Bloomberg truly has no self awareness. Will Bloomberg just continue to buy up, judges, prosecutors and our representatives or throw more money at creepy Joe or both? He helps SOROS with that…..
4 years ago
4 years ago
Meanwhile back at Mini-Mike ‘Will Get It Done’ HQ …………….
4 years ago
Bloomberg DROPS OUT of Race
I’m sorry….did I miss something? Was he ever really in the race?
4 years ago
4 years ago
In every proposition he has poured millions of dollars, it is a losing one. Over half a billion campaigning then withdrawing only after a few months, is the worst loss yet. Whether he was ever a good businessman, or just lucky in brokering securities and selling software and financial services, I would say at present he is not a good businessman or lucky. He also thinks he can master farming, having never farmed in his life! He should just retire because he has reached his level of incompetence!
