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Bloomberg Says Rivals Could Have Made Own Fortunes

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Michael Bloomberg “brushed back critiques about his wealth and bristled at the suggestion that he was using it to buy success in the 2020 presidential race, arguing that other Democrats who have complained about his entry into their party’s primary could have taken it upon themselves to earn their own personal fortunes, as he had done,” the New York Times reports.

Said Bloomberg: “They had a chance to go out and make a lot of money. And how much of their own money do they put into their campaigns?”

He added: “I’m doing exactly the same thing they’re doing, except that I am using my own money. They’re using somebody else’s money and those other people expect something from them. Nobody gives you money if they don’t expect something. And I don’t want to be bought.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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