OPINION - BUSINESS WORLD
Bloomberg Buys the Democratic Elite
Putting dollar signs in the eyes of activists is not the same as catching fire with the voting public.
Opinion: Three Ways Bloomberg's Billions Are Shaking Up the Democrats
Business World: Former New York City Mayor Mike Bloomberg is spending enormous sums of money in an effort to win over Democratic Party elites. Image: Melissa Gerrits/Getty Images
By Holman W. Jenkins, Jr.
Feb. 14, 2020 5:01 pm ET
If one news outlet had the manpower and mind-set to dig cynically into the many ways Mike Bloomberg is spending his money to become president, it would be Bloomberg News—if it weren’t owned by Mike Bloomberg.
Bloomberg News has always been a follow-the-money kind of news organization. It never needed a common-man theme to justify it. Mr. Bloomberg’s giant spending isn’t just buying ads, it’s driving up ad rates to make it harder for other Democratic candidates to get their messages out, it’s buying up campaign talent so they...
READ MORE: https://www.wsj.com/articles/bloomberg-buys-the-democratic-elite-11581717660?mod=hp_opin_pos_3
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