Friday, November 22, 2019

Another old white guy for president -- this one with more zeros to his name


Wall Street execs line up behind Mike Bloomberg–which could hurt fundraising for Biden, others.  (CNBC, 11/19/2019)
Bloomberg, the 77-year-old billionaire former mayor of New York, has said he will not conduct any fundraising and will self-finance a run for president. Yet his campaign could pull financial industry support from more moderate Democratic candidates such as former Vice President Joe Biden, South Bend, Indiana, Mayor Pete Buttigieg and Sen. Kamala Harris.

This piddling millionaire is "all in".



Related reading:
Opinion:  You Must Never Vote for Michael Bloomberg by Charles W. Blow.  (The New York Times, 11/10/2019)
In 2002, the first year Bloomberg was mayor, 97,296 of these stops were recorded. They surged during Bloomberg’s tenure to a peak of 685,724 stops in 2011, near the end of his third term. Nearly 90 percent of the people who were stopped and frisked were innocent of any wrongdoing. 
A New York Times analysis of stops on “eight odd blocks” in the overwhelmingly black neighborhood of Brownsville in Brooklyn found close to 52,000 stops over four years, which averaged out to “nearly one stop a year for every one of the 14,000 residents of these blocks.” 
Michael Bloomberg Pushed ‘Stop-and-Frisk’ Policing. Now He’s Apologizing.  (The New York Times, 11/17/2019)

Related posts:
Another billionaire soils his underwear over the prospect of a Democratic president.  (11/20/2019)
GET ME REWRITE: Elizabeth Warren rattles Gordon Gekko's cage.  (11/12/2019)

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