The former New York mayor criticizes his Democratic opponents, saying, “I’m doing precisely the same thing they’re doing, but I’m using my own money.”
Mike Bloomberg vehemently disputed claims made by his fellow Democratic presidential contenders that he is attempting to use his enormous riches to influence the 2020 election, asserting that the fact that his campaign is self-financing makes him immune to pressure from special groups.
In an interview that aired on Friday, he said, “I’m not buying anymore — I’m doing the same thing they’re doing, except I’m using my own money. They’re using somebody else’s money, and those other people expect something from them. Nobody gives you money if they don’t expect something, and I don’t.” I don’t want to be purchased, so don’t expect anything from me.
The former mayor of New York, who has vowed not to accept contributions for his White House bid, has faced harsh criticism from his main rivals for pouring tens of millions of dollars into the race for the nomination and using that money to buy historic amounts of television advertising across the nation.
Sens. Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts, two of the foremost progressives in the field, are among Bloomberg’s most outspoken detractors. They contend that the billionaire’s use of his sizable personal fortune and centrist political ideology is at odds with the modern Democratic Party.
Bloomberg’s late entry into the race, according to Sanders, shows “the arrogance of billionaires,” and Bloomberg’s level of campaign spending makes him complicit in “undermining” American democracy, he told reporters in New Hampshire last month.
Asserting that Democrats should not “say that the only way you’re going to get elected, the only way you’re going to be our nominee, is either if you’re a billionaire or if you’re sucking up to billionaires,” Warren stated in an interview with Bloomberg Television on Wednesday that she did not believe elections “ought to be for sale.”
On Friday, Bloomberg responded to these criticisms by pointing to his working-class upbringing, difficulties in the private sector, and history of philanthropic giving. “I believe I could benefit the nation greatly if It’s okay to use part of those funds to support the campaign since I could win the presidency, he remarked.
I worked my way through college, and after 15 years of employment, I was dismissed. I then created a business, which was incredibly successful. and I distribute all of the funds without reserve. What the heck is wrong with all that? Later, he said, I turn around, and they’re chastising me for it. Ask them what they’re doing if you want to know. How come they didn’t do that? How much of their own money do they invest in their campaigns when they have the opportunity to go out and make a lot of money? ”
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