In 2016, Donald Trump proved that money won’t buy you the Republican nomination. In 2020, his likely challengers are proving that not only can you buy the Democrat nomination, but it’s the best way.
Michael Bloomberg is making headlines for spending $300 million on advertising to buy third place. That doesn’t include the $10,000 spent on sushi, $250,000 on furniture, and six figure staffer salaries. With a $61 billion net worth, the billionaire just decided to buy the primaries. And his buying spree is working.
The Dems claim to hate billionaires, but two of them successfully bought into the race, Bloomberg and Steyer, while completely lacking the populist appeal that propelled Trump to the top. The Bloomberg-Steyer spending sprees have set off a dieback in the Dem 2020 race where only those candidates with lots of cash can even compete. Warren’s campaign is crumbling along with her financial prospects.
Steyer is cutting off Biden at the knees in South Carolina and Bloomberg will probably finish him on Super Tuesday. That will leave Buttigieg and Sanders as the only non-billionaires with a real shot.
Read the full story from Front Page Mag
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