Rantburg

Today's Front Page   View All of Fri 05/30/2025 View Thu 05/29/2025 View Wed 05/28/2025 View Tue 05/27/2025 View Mon 05/26/2025 View Sun 05/25/2025 View Sat 05/24/2025
2020-01-19 Home Front: Politix
Bloomberg can delay financial disclosure until after Super Tuesday
[Axios] Billionaire presidential contender Mike Bloomberg received an extension through March 20 that allows him to keep details about his personal wealth confidential until after Americans vote in the 2020 Democratic primaries, The New York Times reports.

Why it matters: Billionaires have been a focal point so far in the 2020 election, and have been lamented by other candidates for using their vast wealth to buy the nomination.

The state of play
: Bloomberg received an extended deadline to file his financial disclosure more than two weeks after Super Tuesday.

  • He has already poured $200 million into TV and digital ads, the Times notes.
  • Bloomberg entered the race in November, months after his rivals. If he drops out before March 20, he may never have to share his financial particulars.

    The big picture
    : Transparency has become important to the 2020 race since President Trump has refused to share his tax returns. "Many Democrats do not want to cede their political advantage on the topic in 2020," the Times writes.

    Our thought bubble, via Dan Primack: Bloomberg, as one of America's most successful living entrepreneurs, has created and amassed a lot of wealth.

  • There should be a thorough accounting of how he made his money, and how it affected others along the way.
  • If there are legitimate criticisms, let 'em fly. Just as they should for any other part of his professional and personal conduct, in both the private and public sectors.
  • And there is certainly value in a robust debate over the future viability of plutocracy in America, including the idea of taxing wealth (as opposed to only taxing income).

    Bloomberg is worth an estimated $50 billion, per the Times.

    His campaign did not respond to a request for comment.
  • Posted by Frank G 2020-01-19 11:05|| || Front Page|| [11143 views ]  Top

    #1 With the Democrats/Media gearing up to take citizen's rights away, it looks like there is a need to form up an internal special forces organization , " To Free The Oppressed . "
    Posted by Thaith Elmeresing6163 2020-01-19 14:41||   2020-01-19 14:41|| Front Page Top

    #2 "Mike" Bloomberg. Uh, yeah, sure.
    Posted by DooDahMan 2020-01-19 17:04||   2020-01-19 17:04|| Front Page Top

    10:01 Old Patriot
    10:00 NN2N1
    09:58 EMS Artifact
    09:55 EMS Artifact
    09:48 Besoeker
    09:43 magpie
    09:35 Frank G
    09:32 Mercutio
    09:24 SteveS
    09:09 Elmomoter Mussolini9149
    09:03 Skidmark
    08:53 Gleng Whaick2262
    08:37 ed in texas
    08:30 Besoeker
    08:12 Procopius2k
    08:10 Procopius2k
    07:54 Grom the Affective
    06:54 Richard Aubrey
    06:49 MikeKozlowski
    06:48 MikeKozlowski
    06:46 Richard Aubrey
    06:46 MikeKozlowski
    06:44 Richard Aubrey
    06:34 NN2N1









    Paypal:
    Google
    Search WWW Search rantburg.com