Michael Bloomberg will spend at least $500 MILLION to defeat Trump

Michael Bloomberg will spend at least $500 MILLION to defeat Trump whether or not he runs for the White House himself (but he is worth $50 billion)

  • Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year no matter he runs for president or not 
  • If he runs, Bloomberg will use the funds to fuel his campaign through the crowded Democratic primary 
  • If he doesn’t run, he would use the money to run a data-heavy campaign that would work as a shadow apparatus for the Democratic nominee
  • Bloomberg has said he’ll decide on a 2020 bid early this year
  • President Trump has said he’d love to run against him 
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Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year, no matter if he runs for the Democratic nomination himself or not, it was revealed on Wednesday.

Bloomberg – who’s worth an estimated $50 billion – has not announced whether or not he’ll run for president but Democratic operatives told Politico the billionaire former mayor of New York is prepared to spend big either way.

If he runs, Bloomberg will use the funds to fuel his campaign through the crowded Democratic primary where at least 10 contenders are already vying for the party’s nomination.

Michael Bloomberg is prepared to drop $500 million of his own money to defeat President Donald Trump next year

President Trump said he’d love to run against Bloomberg

If he doesn’t run, he would use the money to run a data-heavy campaign that would work as a shadow apparatus for the Democratic nominee.

‘That’ll get us through the first few months,’ Kevin Sheekey, a top Bloomberg advisor told Politico. 

‘Mike spent $100 million in his last New York City election. And you can do the math as you think more broadly but New York City is 3 percent of the national population,’ Sheekey added. ‘I’m not suggesting it’s straight math. But I’m suggesting that when Mike Bloomberg is committed to making a difference and seeing something though, generally speaking he’s pretty unabashed in doing so.’ 

It’s not the first time the former mayor’s team has indicated Bloomberg is willing to heavily invest in getting Trump out of the Oval Office. 

In December, Bloomberg’s top political adviser Howard Wolfson indicated to CNBC that Bloomberg was willing to put his money where his mouth was and spend more than $100 million to win the presidency.  

‘Mike spent more than $100 million in his last mayor’s race. Last time I looked, NYC is a fraction of the size of the country as a whole,’ Wolfson told CNBC. 

The former mayor has already boosted Democratic coffers. 

He spent more than $110 million backing Democrats during the 2018 midterm election in their failed attempt to win back control of the Senate. 

But, looking ahead to 2020, the former New York City mayor has assembled a political team in New York that is working on two plans:

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Plan A is Bloomberg runs for president. 

Plan B is Bloomberg doesn’t run but uses all the data and field staff he can to help Democratic nominee take down Trump.

‘They’re going to do the infrastructure and logistical work to fill in the gaps for the state and national parties so that whoever the nominee is would inherit a state-of-the-art, fully functioning infrastructure,’ a consultant told Politico of Plan B. ‘It’s being done with a clear and specific purpose: stopping Donald Trump.’  

None of the announced Democratic primary candidates would be able to match Bloomberg’s money if he runs.

Money doesn’t guarantee him the nomination but it does give him a huge advantage over his rivals.

Also still weighing runs are former Vice President Joe Biden, who leads polls on who Democrats want as their nominee, and former Congressman Beto O’Rourke, who turned his huge social media presence into massive dollars for his failed Texas Senate bid.

Bloomberg said he’s not thinking about others’ plans when it comes to his own decision.

‘My decision doesn’t depend on what other people are going to do,’ he told the Associated Press recently. ‘My decision depends on whether or not I think I can make a difference.’ 

He’s made visits to New Hampshire and Florida – important states in the primary process – as he mulls his decision.  

Bloomberg told ‘Meet the Press’ in December he’d decide on a presidential bid in early 2019.

Michael Bloomberg talks with Orlando Mayor Buddy Dyer during his visit to Orlando Utilities Commission’s sustainable energy facility last week

Michael Bloomberg talks with factory workers in New Hampshire last month

‘Timeline is beginning of the year, end of January, into February maybe. There’s no rush to do it. Everybody wants to know what you’re going to do, and the bottom line is I’m not sure yet. I care about a bunch of issues. I care for my kids. I care for this country that’s been so good to me. And I want to see how I can help the best. Right now, my foundation and my company, I give 100% of the company’s profits, or my share of them, to the foundation,’ he said. 

Trump, meanwhile, said he would love to run against ‘Little’ Michael Bloomberg in the 2020 election. 

‘I’d love to run against Little Michael,’ he told the New York Post in November.

And he took a shot at the former mayor’s 2018 spending – and it’s failure to produce a Senate victory for Democrats. 

‘I would love to run against him. He’s been fighting me hard. He spent $100 million against me – that didn’t work,’ the president said. 

Bloomberg will be 76 in 2020, making him the oldest and richest person to seek the Oval Office.  

This also marks the fourth time Bloomberg has mulled throwing his hat into the presidential ring – an option he considered in 2008, 2012, and 2016.

Bloomberg considered running as an Independent last cycle but ultimately opted not to run two years ago amid fears he could not win on a third-party line.

When speculation began last year that Bloomberg would seek the Oval Office, it was reported he was considering the move partly because of regret that he didn’t stay in the race in 2016, because he feels he could have either won or at least prevented Trump from winning.

Despite being New York billionaires, Trump and Bloomberg rarely spent time together.

In 2007, when Bloomberg was in the second of his three terms as New York City mayor, the two played together in a charity event at Trump National Golf Club.

Democrats Beto O’Rourke (left) and Joe Biden (right) are still mulling 2020 bids

And Bloomberg appeared twice on Trump’s reality TV show, ‘The Apprentice,’ in 2004 and 2008, to show support for a program produced in New York.

Additionally, Bloomberg’s daughter Georgina is friends with Ivanka Trump.

Bloomberg has also hit Trump where it hurts – taking shots at his wallet and implying Trump doesn’t deserve the billionaire title. 

In July 2017, Bloomberg, in an interview with the German magazine Der Spiegel, laid it out.

‘Let me phrase this carefully so you get the message: I don’t know how wealthy other people are,’ Bloomberg told the interviewer when asked about the president.

And when asked if he was implying Trump wasn’t a billionaire, Bloomberg replied: ‘I didn’t say that. You said that.’

Bloomberg is believe to be worth $51.7 billion, according to Forbes, while Trump’s is believed to be $3.1 billion. 



Age on Inauguration Day: 71

Entered race:  Set up exploratory committee December 31, 2018

Career: Law lecturer and academic who became an expert on bankruptcy law and tenured Harvard professor. Ran for Senate and won in 2012, defeating sitting Republican Scott Brown, held it in 2018 60% to 36%. Was short-listed to be Hillary’s running mate and campaigned hard for her in 2016

Family: Twice-married mother of two and grandmother of three. First husband and father of her children was her high-school sweetheart. Second husband Bruce Mann is Harvard law professor. Daughter Amelia Tyagi and son Alex Warren have both been involved in her campaigns. Has controversially claimed Native American roots; DNA test suggested she is as little as 1,064th Native American

Religion: Raised Methodist, now described as Christian with no fixed church

Views on key issues: Voted Republican until 1995 but has tacked left since. Pro: higher taxes on rich; banking regulation; Dream Act path to citizenship for ‘dreamers’; abortion and gay rights; campaign finance restrictions; and expansion of public provision of healthcare – although still to spell out exactly how that would happen. Against: U.S. presence in Afghanistan and Syria; liberalization of gambling

Slogan: To be announced 


Age on Inauguration Day: 56 

Entered race: Announced she was running January 21, 2018 – Martin Luther King Jr. Day – on Good Morning America. Formally entered race January 27

Career: Howard and U.C. Hunter law school grad who worked as assistant district attorney in Alameda County, CA, then in San Francisco’s DA’s office before being elected San Francisco DA in 2003 and used it as springboard to run successfully for California attorney general in 2010. Won again in 2014 and was at center of U.S. attorney general and Supreme Court speculation but also endured a series of controversies, including over police brutality allegations. Ran for Senate in 2016 and established herself on liberal wing of party

Family: Born in Berkeley, CA, to immigrant Indian Tamil mother and Jamaican father who were both academics and brought up from seven to 18  in Montreal, Canada. Dated married San Francisco mayor Willie Brown, when he was 60 and she was 29. Married attorney Douglas Emhoff in 2014 and has two stepchildren; Cole, an aspiring actor, and Ella, an art and design student. Sister Maya was a Hillary Clinton adviser and brother-in-law Tony West is Uber’s chief legal counsel. Would be first female, first Indian-American and first female black president

Views on key issues: Social ultra-liberal who has rejected criticisms of ‘identity politics’ and is running without a political action committee, which will make her reliant on small donors. Has shifted left on criminal justice reform; supports Medicare for all;  pro-gun control and anti-death penalty; says illegal immigration is a civil not a criminal offense

Religion: Has said she was brought up in both Baptist and Hindu tradition

Slogan: Kamala Harris: For The People 


Age on Inauguration Day: 79

Entered race:  Sources said on January 25, 2019, that he would form exploratory committee 

Career: Student civil rights and anti-Vietnam activist who moved to Vermont and worked as a carpenter and radical film-maker. Serial failed political candidate in the 1970s, he ran as a socialist for mayor of Burlington in 1980 and served two terms ending in 1989, and win a seat in Congress as an independent in 1990. Ran for Senate in 2006 elections as an independent with Democratic endorsement and won third term in 2018. Challenged Hillary Clinton for the Democratic nomination in 2016 but lost. Campaign has since been hit by allegations of sexual harassment  – for which he has apologized – and criticized for its ‘Bernie bro’ culture

Family: Born to a Jewish immigrant father and the daughter of Jewish immigrant parents in Brooklyn, New York. First marriage to college sweetheart Deboarah Shiling Messing in 1964 ended in divorce in 1966; had son Levi in 1969 with then girlfriend Susan Cambell Mott. Married Jone O’Meara in 1988 and considers her three children, all adults, his own. The couple have seven grandchildren. His older brother Larry is a former Green Party councilor in Oxfordshire, England

Religion: Secular Jewish 

Views on key issues: Openly socialist and standard bearer for the Democratic party’s left-turn. Wants federal $15 minimum wage; banks broken up; union membership encouraged; free college tuition; universal health care; re-distributive taxation; he opposed Iraq War and also U.S. leading the fight against ISIS and wants troops largely out of Afghanistan and the Middle East

Slogan: To be announced


Age on Inauguration Day: 54

Entered race: Announced exploratory committee on Stephen Colbert’s CBS show on January 16, 2019 

Career: Dartmouth and UCLA law grad who was a high-flying Manhattan attorney representing big businesses. Says she was inspired to enter politics by hearing Hillary Clinton speak, although she is also scion of a prominent New York Democratic political family. Won New York’s 20th district, centered on Albany in 2004; appointed to Hillary Clinton’s senate seat in 2008 and won it in 2010 special election 63-35; won first full term 2012 and re-elected 67-33 in 2018

Family: Married to British venture capitalist Jonathan Gillibrand with two sons, Theodore, 15, and Henry, ten. Father Douglas Lutnik was Democratic lobbyist; grandmother Polly Noonan was at center of Albany Democratic politics. Would be first female president

Religion: Catholic

Views on key issues: Initially pro-gun as Congresswoman, has since reversed herself to be pro-gun control and also pro-immigration; said Bill Clinton should have resigned over Monica Lewinsky and helped force Al Franken out of Senate over groping allegations; in favor of single-payer healthcare and Medicare for all

Slogan: To be announced


Age on Inauguration Day: 51

Entered race: Announced he was running February 1, 2019

Career: High school football star who went to Stanford or undergraduate and masters degrees before studying in Oxford as a Rhodes scholar and Yale Law School. Worked for advocacy and youth projects and successfully ran for Newark, New Jersey, city council in 1998. Narrowly lost mayoral election in 2002 facing claims he was ‘suburban’ and ‘not black enough.’ Ran again in 2006 and won landslide on radical reform platform for troubled city, including being tough on crime, cutting budget deficit, increasing affordable housing and tackling failing schools – controversially taking a huge donation from Mark Zuckerberg for the city. Ran for New Jersey senate seat in 2013 special election and won; won full term in 2014

Family: Single. Parents Cary and Carolyn were among IBM’s first black executives. Brother Cary Jr. is education adviser to New Jersey’s Democratic governor. Would be first bachelor president since James Buchanan, who was in the White House from 1857 to 1861

Religion: Baptist

Views on key issues: Self-proclaimed liberal. Endorses abortion rights; affirmative action; single-payer health care; criminal justice reform; path to citizenship for ‘dreamers; federal marijuana decriminalization; $15 minimum wage; but has also spoken against tech regulation and for long-term deficit reduction

Slogan: To be announced     


Age on Inauguration Day: 60

Entered race: February 10, 2019 at snow-drenched rally in her native Minneapolis

Career: Yale and University of Chicago law graduate who became a corporate lawyer. First ran unsuccessfully for office in 1994 as Hennepin, MI, county attorney, and won same race in 1998, then in 2002, without opposition. Ran for Senate in 2006 and won 58-38; re-elected in 2012 and 2018

Family: Married to John Bessler, law professor at University of Baltimore and expert on capital punishment. Daughter Abigail Bessler, 23, works fora Democratic member of New York City council. Father Jim, 90, was a veteran newspaper columnist who has written a memoir of how his alcoholism hurt his family; mom Rose is a retired grade school teacher

Religion: Congregationalist (United Church of Christ)

Views on key issues: Seen as a mainstream liberal: says she wants ‘universal health care’ but has not spelled out how; pro-gun control; pro-choice; backs $15 minimum wage; no public statements on federal marijuana legalization; has backed pro-Israel law banning the ‘boycott, divestment and sanctions’ movement; spoke out against abolishing ICE

 Slogan: To be announced


Age on Inauguration Day: 46

Entered race: January 12, 2018, at rally in his native San Antonio, TX. Had formed exploratory committee two months previously

Career: Stanford and Harvard graduate who was a San Antonio councilman at 26 and became mayor in 2009. Was Obama’s Housing and Urban Development secretary from 2014 to 2016

Family: Married with nine-year-old daughter, Carina, and four-year-old son, Cristian. His identical twin Joaquin, who is a minute younger, is Democratic congressman. Mother Maria del Rosario Castro was part of ‘radical’ third party for Mexican-Americans; father left his wife and five children for her but they never married. Would be first Hispanic-American president – announced his run in English and Spanish – and first-ever U.S. president with a twin

Religion:  Catholic

Views on key issues: Wants medicare for all; universal pre-K; action on affordable housing; will not take money from political action committees (PACs) tied to corporations or unions. Other views still to be announced

Slogan: One Nation. One Destiny


Age on Inauguration Day: 39

Entered race: Announced formation of exploratory committee January 23, 2019

Career: Harvard grad and Rhodes scholar who got a second degree from Oxford before working as a McKinsey management consultant and being commissioned as a Navy Reserve intelligence officer. Elected South Ben mayor in 2011 and served in combat in 2013, won re-election in 2015

Family: Came out as gay during second mayoral run and married husband Chasten Glezman,a middle school teacher in 2018. Parents were University of Notre Dame academics. Surname is pronounced BOTT-edge-edge. Would be first openly gay president and first combat veteran since George H.W. Bush

Religion: Episcopalian

Views on key issues: Has said Democratic party needs a ‘fresh start’; wrote an essay in praise of Bernie Sanders aged 17; backed paid parental leave for city employees; other policies unknown

 Slogan: To be announced  


Age on Inauguration Day: 39

Entered race: Still to formally file any papers but said she would run on January 11 2019

Career: Born on American Samoa, a territory, and therefore may be subject to questions over whether she is natural-born. Raised largely in Hawaii, she co-founded an environmental non-profit with her father as a teenager and was elected to the State Legislature aged 21, its youngest member in history. Enlisted in the National Guard and served two tours, one in Iraq 2004-2006, then as an officer in Kuwait in 2009. Ran for Honolulu City Council in 2011, and House of Representatives in 2012

Family: Married to her second husband, Abraham Williams, a cinematographer since 2015. First marriage to childhood sweetheart Eduardo Tamayo in 2002 ended in 2006. Father Mike Gabbard is a Democratic Hawaii state senator, mother Carol Porter runs a non-profit. Would be first Samoan-American, first Hindu and first female president

Religion: Hindu

Views on key issues: Has apologized for anti-abortion and anti-gay marriage views; wants marijuana federally legalized; opposed to most U.S. foreign interventions; backs $15 minimum wage and universal health care; was the second elected Democrat to meet Trump after his 2016 victory

Slogan: To be announced 


Age on Inauguration Day: 57

Entered race: Filed papers July 28, 2017

Career: Three-time Maryland congressman, first winning election in 2012. Previously set up publicly-traded companies lending capital to healthcare and mid-size businesses and was youngest CEO at the time of a New York Stock Exchange-listed firm

Family: Married father of four; wife April works for children’s issues nonprofit 

Religion: Catholic 

Views on key issues: Social liberal in favor of legalized pot and gun control but not single-payer healthcare; fiscally conservative

Slogan: Focus on the Future


Age on Inauguration Day: 46

Entered race: Filed papers November 6, 2018

Career: Started a dotcom flop then become healthcare and education tech executive who set up nonprofit Venture for America

Family: Married father of two; would be first Asian-American president

Religion: Reformed Church

Views on key issues: Warns of rise of robots and artificial intelligence, wants $1,000 a month universal basic income and social media regulated 

Slogan: Humanity First


RICHARD OJEDA. West Virginia ex- state senator and paratrooper veteran

Entered race: November 12, 2018. Quit: January 25, 2019  


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