• Refusing to Apologize for His Wealth — Bloomberg Let’s Fellow Prez Candidates Have It

    Surge Summary: Democratic White House candidate Michael Bloomberg is being accused – by other Democrats! — of trying to buy the election. He’s is having none of that accusation. Why is it a nefarious thing to work hard and earn a profit in doing so?

    Is wealthy, former-New York City Mayor and Democratic presidential candidate Michael Bloomberg attempting to buy the presidency? That’s what some of his fellow-Democratic critics say.  And he is responding by saying his wealth insulates him from being bought.

    Addressing his Democratic opponents on CBS This Morning with what was probably a stinging rebuke, the billionaire said, (per Bob Cronin/Newser):

    “I’m doing exactly the same thing they’re doing, except that I am using my own money,” the New York Times reports. “They’re using somebody else’s money, and those other people expect something from them.”

    The former mayor of New York entered the race late and spent $30 million on advertising in one week. Billionaires in general had already received a rough reception in the campaign from Elizabeth Warren and Bernie Sanders, who have proposed raising taxes on them.

    Recall, the affluent are dunked on routinely within Donkey Party precincts, viewed primarily as corrupt, suspicious plutocrats who can only pay penance by becoming income sources for Leftists’ nanny-state government programs.

    Bloomberg retorted matter-of-factly that he has “the same rights as anybody else” to run for president, per CNBC. He earned his wealth – it wasn’t inherited, he said.

    “Nobody gave me a head start.” He said he gives most of his income away. Of opponents who criticize his wealth, estimated by Forbes at $55 billion, Bloomberg said, “They had a chance to go out and make a lot of money.”

    Fact is, statistically, most of the much-maligned “rich” got where they are by dint of their hard work, long hours, wise investment and/or entrepreneurial initiative.

    Bloomberg certainly oughtn’t be taken aback by this line of attack against him. He’s yoked himself, recall, to a caucus intrinsically hostile – at least rhetorically – toward money-makers, producers, providers. The Democratic Party line is essentially that the affluent are suspect, collecting al the breaks from the high and mighty while they aren’t paying “their fair share”, blah, blah, blah. No one put a gun to his head and forced him to form an alliance with this anti-capitalistic bunch – but it is sort of nice to see one of their own kicking back against their defamation.

    (By the way, for those bothering to notice, at least a couple of Bloomberg’s Democratic presidential rivals aren’t exactly impoverished. The bank accounts of Sen. Elizabeth Warren and erstwhile Senator/Vice President Joe Biden aren’t anything to sniff at.)

    Meantime, Bloomberg L.P. CEO did admit regarding not only himself but his fellow Democratic White House aspirants, “Yeah, I guess it takes an ego to think that you could do the job.”

    H/T: Bob Cronin/Newser

    Image: Adapted from: David Shankbone – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=3930501


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