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    ‘Mini Mike’ Bloomberg Drops Out After Dropping $500 Million On Campaign With Little To Show

    ‘Mini Mike’ Bloomberg Drops Out After Dropping $500 Million On Campaign With Little To Show

    But he won American Somoa!

    Axios and CBS News have reported that former NYC Mayor Michael Bloomberg has suspended his 2020 Democratic presidential campaign.

    Bloomber will endorse former Vice President Joe Biden.

    *Will update as more information comes out…

    CNN reported the email he sent to supporters:

    “Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult,” Bloomberg announced in an email to supporters

    Bloomberg will also endorse Biden:

    “I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden.

    I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.

    “I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life. Today I am glad to endorse him – and I will work to make him the next President of the United States.

    Bloomberg spent $550 million in advertising in his short campaign. He spent $224 million alone in Super Tuesday states. He ended the day with only four delegates.



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    Two points: 1.with all of his money Bberg may be more effective by spending hundreds of millions buying even more Congressional seat holders that increase big gov’t and decrease our liberty.
    2.Bberg’s $500 million spend is approx .00083% of his reported net worth – it’s peanuts to him. Comparatively, this equates to average US household with the US median net worth of $97,000 spending $819.00, really not much considering that average American spends over $1200 a year on fast food.

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