Warren 2020

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crazytown

(7,277 posts) Fri Nov 8, 2019, 04:16 PM Nov 2019

Biden allies are worried a Bloomberg candidacy could clinch the nomination for Warren

Joe Biden allies are worried that a Mike Bloomberg candidacy could clinch the nomination for Elizabeth Warren

Joe Biden’s allies are becoming increasingly concerned that a Mike Bloomberg candidacy could take votes away from the former vice president and help Sen. Elizabeth Warren win the race for the Democratic presidential nomination.

Bloomberg’s political aides confirmed that he’s again considering entering the 2020 race, after he decided against it in March. Top Bloomberg advisor Howard Wolfson said Thursday that the billionaire former New York mayor is “increasingly concerned that the current field of candidates is not well-positioned” to defeat President Donald Trump next year.

Biden told reporters on Friday that he welcomes Bloomberg, a fellow moderate, into the race. Yet several of his supporters see the former mayor’s move as potentially giving an edge to Warren, a liberal populist.

“This hurts Biden tremendously,” said one of Gov. Andrew Cuomo’s outside advisors. Cuomo has encouraged his vast donor network to back the former vice president. “Even if he doesn’t get it,” this person added, “the whole thing plays that Biden is weak. It cements in people’s minds that Biden can’t make it work.”

https://www.cnbc.com/2019/11/08/biden-allies-worry-that-bloomberg-could-give-warren-the-nomination.html

11 replies

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Highlight:

Biden allies are worried a Bloomberg candidacy could clinch the nomination for Warren (Original Post) crazytown Nov 2019 OP

I don't know how much it hurts Joe... jcgoldie Nov 2019 #1

Message auto-removed Name removed Nov 2019 #2

Bloomberg said he will spend $100 million crazytown Nov 2019 #3

Message auto-removed Name removed Nov 2019 #4

If Bloomberg will spend 100 million why is he worried about a 2% Wealth Tax INdemo Dec 2019 #11

Per this article as well, BlueMTexpat Nov 2019 #5

Yes I posted it here. crazytown Nov 2019 #6

Sorry for reposting that link BlueMTexpat Nov 2019 #7

The presence of a billionaire representing Wall Street crazytown Nov 2019 #8

That is what we all hope! BlueMTexpat Nov 2019 #9

The way I see it is this - crazytown Nov 2019 #10

jcgoldie

(12,046 posts)

1. I don't know how much it hurts Joe...

Reply to crazytown (Original post)

Fri Nov 8, 2019, 04:19 PM

Nov 2019

... but it sure isn't going to take many supporters from our candidate!

Response to crazytown (Original post)

Name removed Message auto-removed

crazytown

(7,277 posts)

3. Bloomberg said he will spend $100 million

Reply to Name removed (Reply #2)

Fri Nov 8, 2019, 04:24 PM

Nov 2019

'a campaign the likes of which we have not seen before'

Response to crazytown (Reply #3)

Name removed Message auto-removed

INdemo

(7,020 posts)

11. If Bloomberg will spend 100 million why is he worried about a 2% Wealth Tax

Reply to crazytown (Reply #3)

Sun Dec 15, 2019, 02:39 PM

Dec 2019

He has not complained about Trump's tax give-a-way tax for the rich. Bloomberg would still have a tax break of nearly 18% That's right 18%.. Which probably means with a very good tax consultant he will pay 0 Tax

The deduction, which ranges up to 20% , will shower $40.2 billion in tax breaks on owners of pass-throughs — largely businesses owned by an individual or a partnership, or those "S" corporations that kick income and losses to shareholders for tax purposes — in 2018, the Joint Committee on Taxation estimated. The provision was included in the larger overhaul of tax rates enacted in December.

https://www.nbcnews.com/politics/politics-news/special-trump-tax-provision-gives-17-billion-break-millionaires-gov-n868511

BlueMTexpat

(15,502 posts)

5. Per this article as well,

Reply to crazytown (Original post)

Sat Nov 9, 2019, 05:44 AM

Nov 2019

it appears that Joe and Pete have the most to lose from a Bloomberg candidacy.

Elizabeth Warren Couldn’t Be Luckier https://www.theatlantic.com/ideas/archive/2019/11/bloomberg-campaign-would-only-boost-elizabeth-warren/601660/

While I am not sure about that happening, I certainly concur that Bloomberg will take very few, if any, votes from Warren.

Anyway, we shall see.

crazytown

(7,277 posts)

6. Yes I posted it here.

Reply to BlueMTexpat (Reply #5)

Sat Nov 9, 2019, 06:11 AM

Nov 2019

https://www.democraticunderground.com/1297491

If there one argument Elizabeth Warren is ready for, it's about billionaires trying to buy the government.

See also https://www.democraticunderground.com/1287340913

BlueMTexpat

(15,502 posts)

7. Sorry for reposting that link

Reply to crazytown (Reply #6)

Sat Nov 9, 2019, 11:47 AM

Nov 2019

in your own thread!

But thanks also for posting the other link which I have Rec'd!

crazytown

(7,277 posts)

8. The presence of a billionaire representing Wall Street

Reply to BlueMTexpat (Reply #7)

Sat Nov 9, 2019, 12:05 PM

Nov 2019

will, no doubt, boost turnout and Warren will benefit (a lot)

BlueMTexpat

(15,502 posts)

9. That is what we all hope!

Reply to crazytown (Reply #8)

Sat Nov 9, 2019, 12:13 PM

Nov 2019

crazytown

(7,277 posts)

10. The way I see it is this -

Reply to BlueMTexpat (Reply #9)

Sat Nov 9, 2019, 12:33 PM

Nov 2019

Warren is under fire for M4A, The presence of a billionaire changes the narrative - The problem with M4A is not Medicare, its Billionaires that don't want to pay a wealth tax. The average family will save $8K-12K a year. Billionaires will be contributing $3.5b etc.

The problem with 'Medicare For All who want it is that families will still be stuck with paying big bucks for insurance - whether it is private or the public option.

When asked if the figures add up - reply - I will not sign a bill that increases middle class taxes.

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