Former New York Mayor and billionaire oligarch Micheal Bloomberg to spend $100 million in Florida alone to help Joe Biden. So much for Democrats helping the poor, if they are for the poor and want to sock it to the rich why are so many super wealthy oligarchs supporting Democrats? The answers are obvious for those willing to do a little homework.
Former New York City Mayor Michael Bloomberg is committing at least $100 million to help Joe Biden’s presidential campaign in the crucial battleground state of Florida.
Bloomberg’s late stage infusion of cash reflects Democrats’ concerns about the tight race in a state that is a priority for President Donald Trump. A victory for Biden in Florida, the largest of the perennial battleground states, would significantly complicate Trump’s path to reaching the 270 Electoral College votes needed to secure a second term.
The billionaire Bloomberg launched his own campaign for the Democratic nomination late last year amid worries about Biden’s strengths. Despite spending $1 billion on his campaign, Bloomberg struggled and dropped out in March, quickly endorsing Biden.
Bloomberg’s new spending is intended to boost Biden before the start of early voting in Florida, which begins on Sept. 24. A Bloomberg adviser said much of the money will go to television and digital advertising.