Mike Bloomberg is never going to give up trying to buy this election. Earlier this year, you could not watch TV or go on the Internet without seeing an Ad for "Mike Bloomberg for President." Yet Bloomberg’s Presidential campaign was a legendary bust as the Washington Post wrote.
In the 14 Super Tuesday states and American Samoa, he spent over $224 million in ads. The result? He won eight delegates by the time he dropped out — or, one delegate for every $28 million he spent on ads.
By plowing half a billion dollars into his campaign, the media tycoon became the biggest self-spending candidate in U.S. history in just three months. If you watched TV, listened to the radio or used the Internet at some point since December, it felt nearly impossible to miss a glitzy Bloomberg campaign ad.Read more
On May 29th, businessman Shaun McCutcheon (of McCutcheon v. FEC fame) filed a request with the Federal Election Commission to issue an advisory opinion on whether he can transfer the $50,000 that he personally contributed to his campaign committee, McCutcheon for Freedom, to the Libertarian National Committee without violating campaign finance law. McCutcheon was a candidate for the Libertarian nomination for President during the current election cycle.Read more
Republicans want elections to be open, fair and honest. Democrats see politics as an issue to incite their base. When House Republicans had control of Congress in 2017-18 they made their top legislative priority tax reform for all Americans. In contrast, Democrats made protecting incumbent Democrat members of Congress their top legislative priority through trying to change election laws. Historically election reforms have passed on an bipartisan basis but the Democrats' HR 1 did not get a single Republican vote.
Now their narrative on election law is falling apart. Democrats have long bemoaned the role of money in politics. They have said that billionaires buy elections. Yet, Donald Trump beat Hillary Clinton despite being badly outspent. But that example pales in comparison to the recent Democrat primary. As the Wall Street Journal editorializes:
So much for the progressive meme about “buying elections.” Federal disclosures Monday finally revealed the full bill for Mike Bloomberg’s Democratic primary bid: more than $1 billion, for hardly three months of official campaigning. For comparison, that’s more than either Donald Trump or Hillary Clinton spent during the whole of the 2016 race.Read more
Today, the RNLA filed a Federal Election Commission complaint against Democratic presidential candidate Michael Bloomberg and Bloomberg News, alleging that the way that Bloomberg News has announced that it will cover the presidential campaign constitutes an impermissible in-kind corporate contribution that is not subject to the media exemption.Read more