An oligarch has bought his way into the 2020 race. Why is no one talking about this? Ross Barkan
over 5 years in The guardian
Michael Bloomberg has already spent more of his own money than Trump or Tom Steyer. He’s making a joke of our democracy – and Democrats should be appalled
With an estimated worth of $3bn, Donald Trump is just barely a member of the billionaires’ club.
Michael Bloomberg, on the other hand, boasts a reported net worth of $60bn. While the president of the United States plays a monstrously wealthy oligarch on TV, Bloomberg is the genuine artifact – and he’s already spent more than $250m on a presidential bid that has, through the power of money alone, catapulted him to the edge of contention. On Sunday he’ll be airing a $10m Super Bowl ad. Continue reading...