Michael Bloomberg Will Spend $80 Million on the Midterms. His Goal: Flip the House.

[workinclasszero]

By Alexander Burns June 20, 2018

Michael R. Bloomberg, the billionaire former mayor of New York City, has decided to throw his political clout and personal fortune behind the Democratic campaign to take control of the House of Representatives this year, directing aides to spend tens of millions of dollars in an effort to expel Republicans from power.

Mr. Bloomberg — a political independent who has championed left-of-center policies on gun control, immigration and the environment — has approved a plan to pour at least $80 million into the 2018 election, with the bulk of that money going to support Democratic congressional candidates, advisers to Mr. Bloomberg said.

By siding so emphatically with one party, Mr. Bloomberg has the potential to upend the financial dynamics of the midterm campaign, which have appeared to favor Republicans up to this point. Facing intense opposition to President Trump and conservative policies, Republicans have been counting on a strong economy and heavily funded outside groups to give them a political advantage in key races, especially in affluent suburbs where it is expensive to run television ads.

https://www.nytimes.com/2018/06/20/us/politics/mike-bloomberg-democrats-election.html

[Cha]

1. That's a whole lot a Ca$h! Imagine having

that much money to invest in trying to save your country.

I hope it does a tremendous amount of good.

Thank you, Bloomberg

Thanks, working

[workinclasszero]

3. Yes!

God bless Mr Bloomberg!

All rich folks aren't koch bros style nazis huh?

[Cha]

4. Thank Goodness for Rich Libs! There's a lot of

them out there.. they're not all greedy assholes.

[workinclasszero]

6. I love a rich person that cares for the less fortunate

They are a blessing

[bdamomma]

9. Well fighting money with money

there are some good liberals out there who know where to put their extra millions/billions into a worthy cause.

[Cha]

17. Yes, Fight bad Money with good Money!

bdamomma

[donkeypoofed]

2. Hope the Mercers and.Kochs don't try to One-up him!

This is Great news!

[eleny]

7. Read it and weep

https://www.cnbc.com/2018/01/27/koch-brothers-network-to-spend-400-million-in-midterm-election-cycle.html
"Conservative Koch brothers' network to spend up to $400 million for the midterm election cycle – including $20 million to sell the GOP tax law

Advocacy groups tied to conservative billionaires Charles and David Koch pledged to spend nearly $400 million this year on initiatives tied to the midterm election cycle.
That's an increase of 60 percent from the network's spending during the 2016 election cycle.
The Koch network will devote $20 million to pitch the GOP's recently passed tax plan to skeptical voters."

[lagomorph777]

8. With one Koch out of the game, we should be able to recruit enough patriot$$$ to make up the diff.

Being a billionaire in a failed state is not as fun as it sounds, at least not if you have kids or grandkids.

[eleny]

10. I read that he got pushed out by the other brother

Sounds like there's not much family love there. The brother who is still active is supposedly the worse of the two.

[lagomorph777]

11. Oh that's better than I thought. Now they will waste energy battling each other.

[eleny]

12. Internal squabbling is good

The 400M is the bad part. So we just have to make up for it with Bloomberg's help.

[OnDoutside]

13. They're like those two assholes in Trading Places.

[eleny]

14. It can't be helped it's so spot on

[redstatebluegirl]

5. Bless you Mr. Bloomberg!

[Scurrilous]

15. K&R

[babylonsister]

16. BRAVO and thanks!! nt