Michael Bloomberg 2020 campaign megathread (user search)
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  Michael Bloomberg 2020 campaign megathread (search mode)
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Author Topic: Michael Bloomberg 2020 campaign megathread  (Read 51503 times)
lfromnj
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« on: November 07, 2019, 09:34:53 PM »
« edited: November 07, 2019, 09:40:33 PM by Deluded retread Vice Chair LFROMNJ »

Why do people call him entitled?
I can definetely understand disagreeing with him especially because he doesn't have good policies for a Democrat but he definitely helped the Democrat party enough in the 2018 midterms unlike people like Harris/Booker/Gillibrand who just wanted to act the most #woke during the Kavanaugh trials while Bloomberg probably helped Democrats gain half a dozen house seats IIRC.

He even said in 2016 he wouldn't run 3rd party because of Trump. Its hardly entitlement unlike what see from Steyer who just wasted 2 years spamming impeachment ads. He definitely doesn't deserve any progressive support or liberal support which is the Democrat base but I would say he has earned the chance to try out his luck in the primary. I definetely don't like him at all especially if I was a progressive but there is not a serious amount of entitlement here.

You know what people like Gillibrand/Booker/Harris/Warren were doing. They were just raising up money for their presidential run soaking up money from possible donors during the 2018 midterms. Just imagine how much easier it would be if Bill Nelson had those extra few million.
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lfromnj
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« Reply #1 on: February 12, 2020, 01:33:03 PM »

https://www.cbsnews.com/news/bloomberg-wealth-tax-compare-sanders-buttigieg-warren-biden/
Bloomberg would pay $3 billion less under his wealth tax than under Sanders plan
Quote
Democratic presidential candidate Mike Bloomberg says he would pay more to Uncle Sam under his plan to raise taxes on wealthy Americans. What the former New York City mayor hasn't said: He'd pay as much as $3.5 billion less under his wealth tax than he would under similar proposals from Senators Bernie Sanders and Elizabeth Warren, two of his rivals for the party's nomination. Bloomberg's plan would also generate far less government revenue.

Bloomberg, who released his tax plan last week, said the proposal targets the "very rich." That includes him: Bloomberg is worth an estimated $61 billion, according to Forbes.

Much of that fortune is tied to Bloomberg LLC, the global financial data and media empire he founded four decades ago. The candidate owns 88% of the company, which generated an estimated $3.8 billion in income last year alone, according to industry consultant Douglas Taylor. And his nearly 90% ownership stake in the media enterprise entitled him to about $3.3 billion of that income stream.

Outside his proposed wealth tax, Bloomberg's broader tax plan could save him and his company millions. For instance, he would maintain the corporate tax rate at 21%, which President Donald Trump and congressional Republicans lowered from as high as 35%. That 2017 change saved Bloomberg's company roughly $550 million last year. Both Sanders and Warren would roll back Mr. Trump's corporate tax cut. 

So Bloomberg can throw $3 billion to "stop" Bernie and still be financially better off.

Well Sanders wealth tax plan is absolutely insane. The Top marginal rate is 8%(8% is literally higher than the stock markets average growth)
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lfromnj
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« Reply #2 on: February 22, 2020, 03:40:00 PM »

1) That tweet doesn’t say anything about him actually releasing anybody from an NDA but even IF it did:
2) Now do the other 60+ who have NDAs.

To my understanding, these are the 3 NDAs that actually involve Bloomberg himself.

The other NDAs are between Man X and Woman Y, neither of whom is Bloomberg, and there is no reason to demand Bloomberg release either party from their mutually-consensual NDA.

Why these other NDAs that don't involve Bloomberg, himself, should even be relevant is beyond me.  Other than to give the self-righteous fraud Liz Warren talking points to keep her afloat as she runs out of money.

The truth is that no matter what one thinks of Bloomberg, he is more competent and more able to actually BE President than any other Democrat right now.  The comparison of Bloomberg versus Mayor Pete, Liz Warren, Amy Klobuchar, or even Joe Biden is kind of ridiculous.  He's not warm and fuzzy, and he's not humorous.  He's super serious and kind of driven.  But he's COMPETANT, and he's liberal enough to run as a Democrat. 

Bloomberg had an awful debate performance, but he made it through the night.  The Democrats, if they are serious about winning, need to deal with the fact that none of these other candidates generate any enthusiasm.  Bloomberg doesn't do much in that score, either, but he has a track record and money upon money.  The Democrats are on the verge of blowing an election they should be winning.  Bloomberg provides a strategy to resolve this. 
I'd say it might be relevant if there was a relavent statistic that these ndas happen at a higher rate than other financial companies.
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