Page 1
Page 1
Started By
Message
locked post

Bloomberg the candidate can contribute more $ to the DNC than he can as a donor

Posted on 1/31/20 at 6:38 pm
Posted by BeNotDeceivedGal6_7
Member since May 2019
7039 posts
Posted on 1/31/20 at 6:38 pm
Think about it. If Bloomberg was JUST a donor, he is somewhat limited by Campaign Finance Laws. As a candidate he can put as much of his own money into negative Trump ads as he wants and every Democrat candidate benefits. They know he's not going to be a contender. This is just another loophole used by the Dems in their attempt to take out Trump.
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22802 posts
Posted on 1/31/20 at 6:39 pm to
If true that was very smart.
Posted by timdonaghyswhistle
Member since Jul 2018
16303 posts
Posted on 1/31/20 at 6:41 pm to
Counterpoint: they still have to choose a candidate.
Posted by BuckyCheese
Member since Jan 2015
49394 posts
Posted on 1/31/20 at 6:41 pm to
quote:

If true that was very smart.



Well, spending a couple billion in a losing effort isn't too smart.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105414 posts
Posted on 1/31/20 at 6:41 pm to
Good point and damn, but Trump has a lot going for him and will overcome that just like Hillary’s billion+
Posted by Rainydave
New Orleans
Member since Sep 2018
258 posts
Posted on 1/31/20 at 6:43 pm to
He also gets the “lowest unit rate” for his tv ads as long as he’s in the race.
Posted by moneyg
Member since Jun 2006
56546 posts
Posted on 1/31/20 at 6:43 pm to
I would think he could run whatever negative ads he wanted personally, no?

I know he couldn't donate to the DNC or to a PAC, but he could just bypass that if he wanted I would have thought.
Posted by PowerTool
The dark side of the road
Member since Dec 2009
21164 posts
Posted on 1/31/20 at 6:45 pm to
Couldn't he do it without being a candidate, like Tom Steyer with the "Need To Impeach" TV campaign to help Democrats in the 2018 midterms?
Posted by BeNotDeceivedGal6_7
Member since May 2019
7039 posts
Posted on 1/31/20 at 6:45 pm to
It would be a poor decision as a businessman, but as a candidate... Plus it is a way to launder money into the DNC when he drops out.
Posted by moneyg
Member since Jun 2006
56546 posts
Posted on 1/31/20 at 6:47 pm to
quote:

It would be a poor decision as a businessman, but as a candidate...


But, I thought you said he wasnt' a real candidate?

quote:

Plus it is a way to launder money into the DNC when he drops out


How so?
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142023 posts
Posted on 1/31/20 at 6:48 pm to
quote:

spending a couple billion in a losing effort isn't too smart
how many billions does he have?

if I had $5B and felt spending $1B was the only chance to save the country from George Soros, I'd probably do it
Posted by tigerman03
Metairie
Member since Jul 2008
3746 posts
Posted on 1/31/20 at 6:51 pm to
quote:

Well, spending a couple billion in a losing effort isn't too smart.


You don’t think he’ll see a return on this investment in some way no matter how it turns out?

Quid
Pro
Quo
Posted by BeNotDeceivedGal6_7
Member since May 2019
7039 posts
Posted on 1/31/20 at 6:53 pm to
quote:

How so?


That $ can be donated to other candidates, Super Pacs etc. So it can be used by the DNC to fund other candidates.
Posted by BeNotDeceivedGal6_7
Member since May 2019
7039 posts
Posted on 1/31/20 at 6:56 pm to
quote:

But, I thought you said he wasnt' a real candidate?


On paper, of course he's a real candidate. There's no real debate that he could possibly win the nomination.
Posted by Wolfmanjack
Member since Jun 2017
1022 posts
Posted on 1/31/20 at 7:44 pm to
He may just be buying one of the other dims?
Posted by viceman
Huntsville, AL
Member since Aug 2016
30688 posts
Posted on 1/31/20 at 7:47 pm to
Yeah and it is fine, if Bloomy wants a celebrity feud, well, he is taking on the Champ, I would wish him luck(he's damn sure gonna need it)
This post was edited on 1/31/20 at 7:48 pm
Posted by Bengalbio
Tampa, FL
Member since Feb 2017
1415 posts
Posted on 1/31/20 at 8:07 pm to
This just doesn’t ring true for me. His tv spots are about Bloomberg and how great he is. This is a deluded candidate with too much money. Why not just create a massive superpac with Trump attack tv spots?
Posted by moneyg
Member since Jun 2006
56546 posts
Posted on 1/31/20 at 8:09 pm to
quote:

On paper, of course he's a real candidate. There's no real debate that he could possibly win the nomination.



Then what did you mean by "They know he's not going to be a contender."
Posted by chalmetteowl
Chalmette
Member since Jan 2008
47646 posts
Posted on 1/31/20 at 8:22 pm to
So mega billionaire Bloomberg will have money for a possible Bernie nom

He can keep it
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram