Former New York City mayor, billionaire businessman and philanthropist Michael Bloomberg has announced that he's providing at least $80 million in the upcoming mid-term elections to support Democrats in their goal of flipping the House of Representatives. From the New York Times article:
"By siding so emphatically with one party, Mr. Bloomberg has the potential to upend the financial dynamics of the midterm campaign, which have appeared to favor Republicans up to this point. Facing intense opposition to President Trump and conservative policies, Republicans have been counting on a strong economy and heavily funded outside groups to give them a political advantage in key races, especially in affluent suburbs where it is expensive to run television ads.Bloomberg, an independent, has long supported gun control measures, humane immigration policies, and environmental protection. He spoke memorably at the 2016 Democratic National Convention, saying,
Mr. Bloomberg’s intervention is likely to undermine that financial advantage by bankrolling advertising on television, online and in the mail for Democratic candidates in a dozen or more congressional districts, chiefly in moderate suburban areas where Mr. Trump is unpopular. Democrats need to gain 23 congressional seats to win a majority." (our emphasis)
“Trump says he wants to run the nation like he’s run his business. God help us. I’m a New Yorker, and I know a con when I see one.”We're not New Yorkers, but we know a good man when we see one.
