3 ms·

Mike Bloomberg Drops Out of Presidential Race

throw03172019 7y ago
Wow, that is a quick way to blow through a pretty large sum of money.
- atlasunshrugged 7y ago
  A one man subsidization of local tv stations via ad buys!
atlasunshrugged 7y ago
Usually I wouldn't consider politics super relevant but depending on who wins there could be a massive amount of new regulation or breakup talk for the tech sector in the U.S. (and it's interesting). He also just endorsed Biden. https://www.axios.com/mike-bloomberg-drops-out-027d9882-3e65-4663-aec0-70025387def6.html?utm_source=twitter&utm_medium=social&utm_campaign=organic&utm_content=1100 https://www.axios.com/mike-bloomberg-drops-out-027d9882-3e65...
mc32 7y ago
I’m comforted this shows that while money is necessary to win; the candidate has to be intrinsically viable. They can’t just throw money on a candidate and win solely on permeating all Ad media. But wow, half a billion dollars for half a dozen pledged delegates...
- mcv 7y ago
  From what I understand, he thought he was the only person who could save the country from Trump, and surely saving the country is worth any amount of money to someone who cares. Turns out he's not the best person to save the country from Trump. Who would have thought?
  - mc32 7y ago
    I think he found out that while the establishment (neo liberal Dems and neo conservative Repubs) don’t like Trump, they dislike Bernie more and are willing to go through Trump II if they avoid Bernie-style soc-dem. So they’ll put an over the hill Clinton clone up for the presidency. He’s like a weaker Bob Dole candidate.
    - mcv 7y ago
      I find the hostility between Sanders and the DNC establishment rather terrifying. It looks like exactly the kind of thing that could divide the party and hand the victory to Trump again. I wish they'd settled on Warren instead. Sure, progressive, but more willing to work with the rest of the party. And I want to see her give Trump the Bloomberg treatment. It would have been fireworks. Trump vs Biden is just two old guys constantly misspeaking and making little sense.
  - rasz 7y ago
    From what I understand, he thought he was the only person who could save Democrats form Sanders winning Primaries.
- krapp 7y ago
  > I’m comforted this shows that while money is necessary to win; the candidate has to be intrinsically viable. Trump won, among other reasons, because he was the least viable candidate in the Republican field to a degree that made him very entertaining (and thus got him far more media coverage) and appealing to the anti status-quo zeitgeist of the moment. Really I'm starting to suspect that entertainment value is the primary factor needed for political success at that level, with vast monetary resources being secondary, and that this has been the case since the famous televised debate between JFK and Nixon. Actual political experience and domain knowledge in matters of law, finance, and diplomacy are not only dead last in importance but to many Americans serve as reasons not to support a candidate. Americans hate politicians for the most part, but they love cowboys and scoundrels. I'm worried that, if it comes down to Biden/Clinton vs Trump, all Trump has to do is make a joke about "Crazy Joe" and "Crooked Hillary" and he'll have another four years in the bag.
  - rasz 7y ago
    >make a joke about "Crazy Joe" no need for making new jokes, he can just ask voters to google "creepy Biden" and think about the children
mr_overalls 7y ago
Ten bucks says he retreats from the landsman's life to found an underwater city called Rapture.
- haunter 7y ago
  Is a man not entitled to the sweat of his brow? No! says the man in Washington, It belongs to the poor. No! says the man in the Vatican, It belongs to God. No! says the man in Vermont, It belongs to everyone. I rejected those answers; instead, I chose something different. I chose the impossible. I chose... Rapture
cynusx 7y ago
I would bet that if Biden doesn't manage to win the nomination that he'd run as an independent third candidate and we'll wind up having the house of representatives decide who becomes president.

throw03172019 7y ago

Wow, that is a quick way to blow through a pretty large sum of money.

atlasunshrugged 7y ago
A one man subsidization of local tv stations via ad buys!

Usually I wouldn't consider politics super relevant but depending on who wins there could be a massive amount of new regulation or breakup talk for the tech sector in the U.S. (and it's interesting). He also just endorsed Biden. https://www.axios.com/mike-bloomberg-drops-out-027d9882-3e65-4663-aec0-70025387def6.html?utm_source=twitter&utm_medium=social&utm_campaign=organic&utm_content=1100 https://www.axios.com/mike-bloomberg-drops-out-027d9882-3e65...

mc32 7y ago

I’m comforted this shows that while money is necessary to win; the candidate has to be intrinsically viable. They can’t just throw money on a candidate and win solely on permeating all Ad media. But wow, half a billion dollars for half a dozen pledged delegates...

mcv 7y ago
From what I understand, he thought he was the only person who could save the country from Trump, and surely saving the country is worth any amount of money to someone who cares. Turns out he's not the best person to save the country from Trump. Who would have thought?
- mc32 7y ago
  I think he found out that while the establishment (neo liberal Dems and neo conservative Repubs) don’t like Trump, they dislike Bernie more and are willing to go through Trump II if they avoid Bernie-style soc-dem. So they’ll put an over the hill Clinton clone up for the presidency. He’s like a weaker Bob Dole candidate.
  - mcv 7y ago
    I find the hostility between Sanders and the DNC establishment rather terrifying. It looks like exactly the kind of thing that could divide the party and hand the victory to Trump again. I wish they'd settled on Warren instead. Sure, progressive, but more willing to work with the rest of the party. And I want to see her give Trump the Bloomberg treatment. It would have been fireworks. Trump vs Biden is just two old guys constantly misspeaking and making little sense.
- rasz 7y ago
  From what I understand, he thought he was the only person who could save Democrats form Sanders winning Primaries.
krapp 7y ago
> I’m comforted this shows that while money is necessary to win; the candidate has to be intrinsically viable. Trump won, among other reasons, because he was the least viable candidate in the Republican field to a degree that made him very entertaining (and thus got him far more media coverage) and appealing to the anti status-quo zeitgeist of the moment. Really I'm starting to suspect that entertainment value is the primary factor needed for political success at that level, with vast monetary resources being secondary, and that this has been the case since the famous televised debate between JFK and Nixon. Actual political experience and domain knowledge in matters of law, finance, and diplomacy are not only dead last in importance but to many Americans serve as reasons not to support a candidate. Americans hate politicians for the most part, but they love cowboys and scoundrels. I'm worried that, if it comes down to Biden/Clinton vs Trump, all Trump has to do is make a joke about "Crazy Joe" and "Crooked Hillary" and he'll have another four years in the bag.
- rasz 7y ago
  >make a joke about "Crazy Joe" no need for making new jokes, he can just ask voters to google "creepy Biden" and think about the children

mr_overalls 7y ago

Ten bucks says he retreats from the landsman's life to found an underwater city called Rapture.

haunter 7y ago
Is a man not entitled to the sweat of his brow? No! says the man in Washington, It belongs to the poor. No! says the man in the Vatican, It belongs to God. No! says the man in Vermont, It belongs to everyone. I rejected those answers; instead, I chose something different. I chose the impossible. I chose... Rapture

cynusx 7y ago

I would bet that if Biden doesn't manage to win the nomination that he'd run as an independent third candidate and we'll wind up having the house of representatives decide who becomes president.