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Even a Billionaire Like Bloomberg Can’t Buy a Presidential Election



Michael Bloomberg wants to be president. It’s a fantasy for which he says he is willing to spend $100 million.


“The billionaire ex-New York mayor plans to bring out the cash cannon if he runs for President in 2020 and will make a final decision on whether to launch a campaign by early next year, according to a senior aide,” the New York Daily News is reporting.


“He spent over $100 million on his last race in NYC,” Howard Wolfson, one of Bloomberg’s top advisers and a former deputy mayor in his city administration told the Daily News, referencing Bloomberg’s successful third run for mayor in 2009. “The country is considerably bigger than the city is, so you can do the math.”


Bloomberg is certainly making noises as if he were a candidate. “I think that any candidate for federal office better darn well have a plan to deal with the problem that the Trump science advisers say could basically end this world,” he told Chuck Todd in an interview set to air Sunday on the NBC News program “Meet the Press.”


“The presidency is not an entry-level job,” said Bloomberg, who has acknowledged that he is considering running for president. “We have some real problems. If you don’t come in with some real concrete answers ― I think the public is tired of listening to the same platitudes that they get ― ‘We’re in favor of God, mother and apple pie, and trust me, I’ll have a plan when I get there.’ No. You have to have a plan.”


Asked by Todd about his timeline for deciding, Bloomberg said: “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. We support an awful lot of things that we’re doing that let us explain to people how to do things and give them options. Not telling them what to do, but I think I can make the world a better place in the private sector. Can I make it a better place in the public sector? Maybe. I loved 12 years in city hall. I think it’s fair to say most people liked what we did in city hall. Do I think I could be a good president? Yes. I’m not the only one that could be a good president. I disagree with our current president on so many things that I don’t even know where to start there.”


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