Quantcast
Connect with us

Bloomberg’s next move to drive Trump nuts is a massive ad campaign attacking president’s business failures

Published

on

Axios reported Sunday evening that former Mayor Michael Bloomberg intends to employ a similar campaign strategy as Hillary Clinton: attack Trump on his business failures.

In 2016, Clinton called out Trump’s tendency toward bankruptcy, highlighting every opportunity Trump had to increase his father’s money for a higher profit. But investment after another failed, as Trump was forced to file for bankruptcy six times for five different companies. It’s information Americans should be familiar with, so the question remains, how will Bloomberg’s attacks be any different?

ADVERTISEMENT

“He is a real estate promoter as opposed to a businessman,” Bloomberg told Axios. “And they have very different ways of going about things.”

“A promoter does one transaction and is never going to see that customer ever again. In his case, he sells a building to you, and chances are he’ll never have you as a customer again. So he can be much more aggressive in terms of trying to get the best deal for himself,” Bloomberg continued.

“So the business world is much more complex, and you don’t behave that way,” Bloomberg said of Trump’s negotiating style. “And I think that explains a lot of … his demeanor here versus other presidents or what I would do. … That’s the way I’ve always thought about it. Because you look at him and you say, ‘Why does he do this?’ That’s what my conclusion is.”

Bloomberg, who is among the top 10 richest people in the United States. Trump, by contrast, rates 275th wealthiest person in the United States, if his wealth numbers are accurate.

Thus far, Bloomberg’s challenges to Trump has prompted Twitter meltdowns, rally rants and name-calling in interviews. If Bloomberg manages to take Trump down, mentally and emotionally, with ads targeting the president’s failed businesses and inability to make the “deals” he promised, it could prompt the next level of a knockdown drag-out fight. While the two New Yorkers are battling it out, the Democratic primary will play out in early primary and caucus states.

ADVERTISEMENT

Bloomberg’s strategy has worked so far. “Bloomberg has been spending hundreds of millions of his own money to drive the president insane,” wrote Vanity Fair last month when Bloomberg’s ads began to surface. They listed off the weekend of tweets where Trump ranted about “little Michael Bloomberg.”

This new round of ads could prompt a whole new war between the two campaigns. If all Trump has are insults about Bloomberg’s height, and ignores the issues, it may not work out well for the president.

You can read the Axios interview with Bloomberg here.

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Economist who hoped for ‘V-shaped’ recovery now predicting a prolonged downturn even worse than the Great Recession

Published

on

Tim Bartik is among the economists who has described the type of “V-shaped” economic recovery he would like to see in the United States following the coronavirus pandemic. Ideally, Bartik has asserted, all the businesses that have been shut down by the pandemic would reopen quickly when it’s safe to do so and put millions of Americans back to work. But journalist Andy Balaskovitz, in an article published in MiBiz on April 8, explains why Bartik (a senior economist at the W.E. Upjohn Institute for Employment Research in Kalamazoo, Michigan) now believes that predictions of a “V-shaped recovery” are wishful thinking — and why Americans are in for a lot of economic pain in the months ahead.

Continue Reading

Breaking Banner

‘Recipe for disaster’: Officials in Florida city say they face ‘unimaginable’ potential death from COVID-19

Published

on

Officials in the Florida city of Hialeah are warning that they are uniquely vulnerable to the COVID-19 pandemic and face the possibility of "unimaginable" death from the disease.

In interviews with The Daily Beast, the officials explained how their large population of senior citizens is at grave risk if Hialeah erupts as a major COVID-19 hotspot.

"I think it is going to get a lot worse," Hialeah Councilman Jesus Tundidor tells The Daily Beast. “The experts have been telling us to expect a peak [in Florida] near the end of the month. As we get more testing sites up and running, the more positive cases we will see. And that will create more fear."

Continue Reading
 

Breaking Banner

November 2019 intel report warned of COVID-19 ‘cataclysmic event’ — even as Trump still insists no one saw it coming

Published

on

An intelligence report issued in November 2019 warned that COVID-19 could severely disrupt daily life throughout the world and described it as a potential "cataclysmic event."

ABC News reports that the military's National Center for Medical Intelligence (NCMI) late last year issued a report that raised alarms about "an out-of-control disease" that "would pose a serious threat to U.S. forces in Asia."

"Analysts concluded it could be a cataclysmic event," one source tells ABC News, who also says that the report was briefed "multiple times" to the Defense Intelligence Agency, the Pentagon’s Joint Staff and the White House.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image