Billionaire presidential hopeful Michael Bloomberg admitted during Tuesday night’s debate that he “bought” the Democrats’ majority in the House of Representatives.
Bloomberg boasted that his spending efforts to fill Congress with Democrats led to Rep. Nancy Pelosi winning the speakership.
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“Let’s just go on the record,” Bloomberg began. “They talk about 40 Democrats, 21 of those were people that I spent $100 million to help elect. All of the new Democrats that came in, put Nancy Pelosi in charge, and gave the Congress the ability to control this president, I bought – I got them.”
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Dailywire.com reports: The New York Times highlighted how Bloomberg’s massive spending helped tilt the scales in the favor of the Democrats in 2018.
“But in this year’s midterm elections, Mr. Bloomberg, the former mayor of New York, emerged as a powerful and effective force, as well as the biggest outside spender promoting Democratic House candidates, according to disclosures filed with the Federal Election Commission,” The Times reported. “And while it’s impossible to conclude that any one factor tipped the balance in a race, Mr. Bloomberg appears to have reaped the benefits of his millions in giving. Democrats won 21 of the 24 races he sought to influence. Of those, 12 had been considered either tossups or in Republican districts.”
The Daily Wire reported the following about Bloomberg’s policy views and background last year:
On November 24, 2019, Michael Rubens Bloomberg announced his formal entrance into the Democratic Party’s 2020 presidential primary. To date, he is the latest candidate to enter the primary field.
Michael Bloomberg served three full terms as mayor of New York City, from 2002 through the end of 2013. He was New York City’s mayoral successor of the failed 2008 Republican presidential candidate and current private attorney for President Donald Trump, Rudy Giuliani. Bloomberg is also the co-founder, CEO, and majority owner of financial services conglomerate Bloomberg L.P., which is perhaps best known for its flagship Bloomberg Terminal hardware. As of November 2019, Bloomberg’s net worth was estimated at $58 billion dollars, which makes him one of the wealthiest individuals in the world. He has been a prolific donator to various charitable and political causes.
Born in Boston in 1942, Bloomberg has degrees from Johns Hopkins University and Harvard Business School. A registered Democrat earlier in his career, Bloomberg actually ran for and successfully sought the New York City mayoralty office as a registered Republican before re-registering as an independent in the midst of his second mayoral term. He re-registered as a Democrat in 2018. Since joining the 2020 Democratic Party presidential primary field, Bloomberg News — an international news outlet operating as a legal subsidiary of Bloomberg L.P. — has announced that it will not journalistically investigate Bloomberg or his fellow 2020 Democratic Party primary campaign rivals.
Electoral History: Bloomberg’s only experience in elected office is his three terms as New York City mayor. In 2001, shortly following the 9/11 jihadist attacks, Bloomberg sought to replace outgoing Mayor Rudy Giuliani as a fellow Republican and defeated his Democratic opponent, Mark Green, by a 50.3%–47.9% margin. In 2005, Bloomberg once again ran as a Republican and was re-elected by a nearly 20-point margin over his opponent, Fernando Ferrer. In 2009, after having successfully lobbied the New York City Council to change its mayoral two-term limit to a three-term limit, Bloomberg was narrowly elected to a third mayoral term while running as a Republican Party-endorsed registered independent.
On The Issues: Bloomberg’s general political profile is that of a fiscal and national security centrist, although he positions himself far to the left on social issues — with his anti-gun advocacy perhaps emerging as the political issue with which he has become most closely identified. The latter stages of Bloomberg’s mayoral tenure were marked by odd flirtations with nanny state-style progressive governance, with the infamous “soda ban” as the most prominent example. Furthermore, in terms of hot-button leftist issues, Bloomberg’s current 2020 presidential campaign is aggressively advertising his commitment to combatting global warming. But on bread-and-butter issues pertaining to fiscal prudence and foreign policy — perhaps especially with respect to Israel and the Middle East — Bloomberg is generally far more centrist than most of his other primary opponents.