Michael Bloomberg says he would self-fund a 2020 presidential campaign
search

The latest Jewish News

Read this week’s digital edition

Click Here

 Michael Bloomberg says he would self-fund a 2020 presidential campaign

If he were to run in the 2020 presidential campaign, the former New York mayor said he would finance it himself

Michael Bloomberg
Michael Bloomberg

Billionaire media mogul Michael Bloomberg said he would self-fund a 2020 presidential campaign.

Bloomberg, the former mayor of New York, made the statement on Friday to reporters in Texas, where he was on a philanthropic trip, after Massachusetts Sen. Elizabeth Warren, who already has entered the 2020 race with an exploratory committee, called the Democratic presidential nomination “one more plaything that billionaires can buy.”

“In terms of running for office, I ran three times. I used only my own money, so I didn’t have to ask anybody what they wanted in return for a contribution,” he said of his mayoral campaigns. “The public liked that every time they elected me. And, if I ran again, I would do the same thing.”

“I think not having to adjust what you say and what you work on based on who financed your campaign is one of the things that the public really likes and it’s the right direction to go. I understand not everybody can be self-funded, but those that can I think should,” he also said.

Bloomberg, 76, is worth about £34bn ($44bn), according to Forbes. He spent about £77m ($100m) to help elect Democrats in the midterm elections to help the party gain control of the House of Representatives.

A political independent, Bloomberg endorsed Hillary Clinton in the 2016 presidential elections, calling Trump a “risky, reckless and radical choice.” He has criticised the president since his election.

Bloomberg said Friday he won’t make a decision on a possible run for president for “another month or so.”

 

Help perform the greatest mitzvah: save a life

While life in Israel has returned to normal and hopes are high that Britain is set for a summer without restrictions thanks to vaccines, for billions around the world there is no such imminent light at the end of the tunnel. In the majority of countries around the globe, particularly the poorest, the vaccine rollout has barely kicked off.

That's why Jewish News, the leading source of news and opinion for the entire UK community, is throwing its full weight behind UNICEF’s VaccinAid campaign by using this platform usually reserved for encouraging donations towards our own journalism to instead urge our readers around the globe to perform the greatest mitzvah: saving a life.

We have never before done this for any charity fundraiser but it's hard to recall a campaign that affects so many people, and indeed an entire planet aching for a return to normality. Just like the Chief Rabbi and Rachel Riley, we hope to boost the mission to deliver two billion vaccines, 165 million treatments and 900 million test kits around the world by the end of this year.

Please donate as much as you can, in the spirit of the Talmudic sages: “to save one life is to save the world entire”

read more:
comments