Political Editor at Bloomberg News Quits – Cites Inability to Properly Cover Michael Bloomberg

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If there was ever an election year that exhibited an overwhelmingly less favorable climate for Michael Bloomberg to indulge his Presidential fantasies than 2016, I haven’t seen it.

The fact that the man is even considering a run tells you precisely how delusional and disconnected he is from the social mood, and the obvious reality that the American public is gravitating to Donald Trump and Bernie Sanders precisely because they hate people like Michael Bloomberg. The fact that he sees himself as some sort of “Independent” would be amusing if it weren’t so sad, and demonstrates a remarkable lack of self-awaeness that is characteristic of American billionaires.

As an example of his politics, Bloomberg’s two biggest political passions seem to revolve around whoring for Wall Street and being aggressively pro gun control. So he’s essentially a less charismatic version of Hillary Clinton, which is no easy feat.

The reflections above aren’t rocket science, and would be exceedingly obvious to anyone with even the most juvenile sense of American politics. Unfortunately, you’re unlikely to read such observations from Bloomberg News. The reason is explained by Politico:

Bloomberg Politics’ Washington news director Kathy Kiely has quit the company over concerns that the news organization will not be able to fairly cover CEO Michael Bloomberg’s possible run for president, The Huffington Post reports.

“I think that Michael Bloomberg has built a terrific news organization but that he needs to liberate it to cover all the news, even the news about him” Kiely told POLITICO in an interview Wednesday. “Anybody who enters the political fray should be covered in the same way, with the same level of aggressiveness, and I did not feel that was happening in the case of Mayor Bloomberg.”

Bloomberg LP has a long-standing policy that restricts coverage of founder and CEO Michael Bloomberg. Following multiple media reports that Bloomberg was considering an independent run for president this year, Bloomberg News reporters based in Europe received an email from the company’s standards team telling them to refrain from speculation about Bloomberg’s possible presidential run, and to run future stories about the billionaire by them.

“Obviously The Washington Post covers Jeff Bezos. I don’t think it’s any different from any news organization that has an owner” Kiely said. “If you don’t write about the owner, and the owner’s running for president, then how do you cover politics?”

Indeed. So why is Michael Bloomberg considering a Presidential run in a year in which billionaire, Wall Street-connected oligarchs are universally hated? Bill Black has some thoughts, as published at Naked Capitalism:

Michael Bloomberg was the second Wall Street billionaire to pile on to Bernie this week.  Bloomberg leaked to dozens of media outlets that he was again considering a run for the presidency.  The same leaks explained that Bloomberg’s fear of Bernie was the key.  Bloomberg is infamous for organizing the mass arrests designed to crush the Occupy Wall Street movement.  He is Wall Street and he openly represented Wall Street as Mayor of New York City.

Mayor Bloomberg was outraged that Wall Street banksters were criticized for their roles in leading the world’s largest criminal enterprises.  Bloomberg invented a fictional alternate history in which the banksters were the victims of Congress, which purportedly forced them to make millions of bad and fraudulent loans – and then to sell the fraudulently originated loans to the secondary market through fraudulent representations and warranties.  This is deranged, but Wall Street billionaires are deranged.  They are surrounded by media, gofers, and politicians who treat their incoherent ramblings as genius.  Bernie scares all of these groups.

I can’t say I disagree with any of that. Black essentially thinks Bloomberg wants to ride in as a white knight to save Wall Street’s corrupt and dangerous crony capitalism from the will of the people. This would fit in with Bloomberg’s overall temperament for wanting to tell everyone how everything should be done. Just like with gun control.

For example, a couple of years ago he tried to aggressively meddle with the internal politics of gun control in my adopted home state of Colorado. It wasn’t well received. As noted in the post, NYC Mayor Michael Bloomberg Spends $350,000 in a Failed Attempt to Sway Colorado Politics:

In the past, many people would simply shrug their shoulders in response to the insanity of legislators both at the local and national level. Not anymore. Enough people have finally received the much needed “kick in the butt” to get motivated and we are starting to see changes. Not only did some Colorado activists recall two politicians that voted against gun rights, but much more importantly, the American people as a whole just prevented (for now) a war in Syria by making their collective voices heard in mass and by pressuring their representatives. The sleeping giant is awake and politicians had better take notice.

The action in Colorado is particularly pleasing to me considering it is my adopted home state, as well as the fact that control freak, nanny state NYC Mayor Mike Bloomberg spent $350,000 of his own money in a failed effort to prop up the recalled politicians. Going forward, nothing would please me more than if Bloomie wastes his entire fortune in failed attempts to ban large sodas, guns, salt and e-cigarrettes. Of course, he will never see, let alone criticize, all of the crimes committed by crony finance pals.

Then, in his typical crybaby fashion, Bloomberg quickly lashed out against the state of Colorado during a Rolling Stone interview. From the post, Former NYC Mayor Michael Bloomberg Calls Colorado a “Rural and Roadless” Backwater for Challenging his Gun Control Agenda:

DENVER — Former New York City Mayor Michael Bloomberg is popping off about Colorado in a new Rolling Stone interview and Republicans here, who have been blasting Democratic Gov. John Hickenlooper for taking cues from Bloomberg on the state’s new gun laws, couldn’t be happier about it.

“The NRA went after two or three state Senators in a part of Colorado where I don’t think there’s roads. It’s as far rural as you can get. And, yes, they lost recall elections. I’m sorry for that. We tried to help ‘em. But the bottom line is, the law is on the books, and being enforced. You can get depressed about the progress, but on the other hand, you’re saving a lot of lives.”

The successful recalls last September occurred in Colorado Springs, the state’s second largest city, and Pueblo, its seventh largest.

“Just for the record, Colorado Springs, Pueblo, and Jefferson County all have roads. I just traveled them,” said Bob Beauprez, Hickenlooper’s GOP challenger. “Michael Bloomberg’s infuriatingly ignorant remarks show how far removed he is from Colorado, and how wrong John Hickenlooper was to let Bloomberg force his radical agenda on Colorado.

“It’s astonishing that Gov. Hickenlooper would discuss important legislation with Mayor Bloomberg, who obviously doesn’t respect or understand the people of our great state, but refused to speak to Colorado sheriffs.  No wonder the governor lied to our state’s sheriffs, instead of admitting that he spoke to Mayor Bloomberg on multiple occasions.”

Yep, just the type of ignorant east coast elitist American voters are demanding in 2016.

For related articles, see:

Ex-NYC Mayor Mike Bloomberg on Dodd-Frank: “The Government Should Have Let the Industry Craft the Bill”

Colorado Rejects State Tax Increase Supported by Former NYC Mayor Michael Bloomberg

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  1. bloomberg reminds me of lee kuan yew, the great nanny state dictator of singapore. sometimes you need a bully technocrat like them to get through a difficult but once the crisis is past they don’t know how to exit the stage gracefully.

    i’ll never forget the night, i was awoken at 4 am by helicopters pointing searchlights down on zuccotti square as the police acted like thugs evicting the occupy movement from their completely legal and peaceful encampment. f*ck you, michael bloomberg.

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