ZitatThe DNC received a decent boost from billionaire former candidate Michael Bloomberg.
Bloomberg can transfer $18 million to the DNC since it will come from his campaign. As a citizen, Bloomberg could only donate hundreds of thousands of dollars. Quite a difference!
Does this mean the days of the Democrats criticizing big money in politics are over?
ZitatThe DNC received a decent boost from billionaire former candidate Michael Bloomberg.
Bloomberg can transfer $18 million to the DNC since it will come from his campaign. As a citizen, Bloomberg could only donate hundreds of thousands of dollars. Quite a difference!
Does this mean the days of the Democrats criticizing big money in politics are over?
Ain't loopholes grand?
I wonder which loophole Hitery used during the last presidential election to buy the DNC or did teflon hitlery just violate the law?
Illegitimi non Carborundum
During times of universal deceit, telling the truth becomes a revolutionary act.- Orwell
The further a society drifts from the truth, the more it will hate those who speak it - Orwell
Bloomberg gave nearly $1B to his campaign and spent more in three months than Clinton did on 2016 bid
by Emily Larsen | March 20, 2020
Michael Bloomberg gave nearly $1 billion of his own fortune to his failed Democratic presidential campaign.
A Federal Election Commission filing on Friday showed that the former New York Mayor gave his campaign committee $935,360,675.56. He launched his campaign in late November and ended it on March 4 following a lackluster showing in Super Tuesday contests.
Bloomberg made his estimated $45.1 billion fortune by founding the financial services company Bloomberg LP. He declined to accept outside campaign contributions because he could fund his bid himself.
His campaign spent more than $875 million during his three-month bid, including more than $500 million on broadcast and digital ads.
Bloomberg spent an unprecedented amount on his failed primary bid. According to the Center for Responsive Politics, Hillary Clinton's campaign and other outside groups that supported her spent nearly $769 million for her 2016 bid, while President Trump's campaign and other groups spend $440 million to support his 2016 candidacy.
On Friday, Bloomberg announced that he gave $18 million in leftover campaign funds to the Democratic National Committee, circumventing campaign finance rules that would otherwise allow him to give around only $850,000 directly.
I guess this is ending up to be a billion dollar grudge match, hey? I've never seen hate fuel campaigns as it has with Steyer and Bloomberg. Two foolish rich men and their former money. TM
"Of all horrible religions the most horrible is the worship of the god within." GK Chesterton
“These High-Tech oligarchs are dangerous for democracy.” Devin Nunes
"It’s a movement comprised of Americans from all races, religions, backgrounds and beliefs, who want and expect our government to serve the people, and serve the people it will." Donald Trump's Victory Speech 11/9/16
INSIDE EVERY LIBERAL IS A TOTALITARIAN SCREAMING TO GET OUT -- Frontpage mag