The sexist billionaire battling for the White House ( no, not THAT one)
After Michael Bloomberg is mauled over his non-PC past at his first big campaign outing . . .
AS THE world capital of highstakes gambling, Las Vegas was an entirely fitting location for the richest person ever to run for the US presidency to lay his claim to the White House.
No, not Donald Trump — but Michael Bloomberg, the multi-billionaire who tends to snort derisively whenever he hears the current president boast about his wealth and brilliant business career. For the former mayor of New York is both
very rich (as the world’s ninth richest man he has an estimated fortune of $62billion) and full of loathing for Trump — two facts that explain why he felt compelled to join the lengthy list of candidates vying for the Democrat presidential nomination.
On Wednesday night, he made his first appearance in the televised debates, clashing with the five other leading contenders in Sin City just three days before the Nevada caucus on Saturday.
Given he has been riding high in the polls on nothing more than his vast self-funded spending on political advertising — more than $400million so far — and the implied insult that he’s only running because he thinks the rest of the candidates are incapable of beating Trump, the others lined up to attack him. And, according to the pundits, it was certainly a mauling.
Debating isn’t Bloomberg’s strong point and he appeared unprepared for the predictable barracking about his views on women, race and crime, and whether America needs another egotistical 70-something billionaire in the White House.
However, America’s political ‘experts’ often misjudge the mood and, judging by the callers jamming the switchboard of New York’s public radio station yesterday, ordinary voters were rather more impressed with the new boy.
But at a time when the Democrats are drifting to the Left — self-described ‘democratic socialist’ Bernie Sanders is currently topping polls — and their presidential contenders compete to be the most politically correct, Bloomberg, 78, is playing a sticky wicket.
It’s not just his money — which he made selling expensive financial data computer terminals to Wall Street. As New York’s mayor, he cleaned up the city in various ways but controversially supported a ‘stop and search’ policy which was widely condemned as racist because it disproportionately targeted young black men.
BLOOMBERG — who needs to attract black and Hispanic voters to win — has apologised, and did so again on Wednesday, but his opponents were unimpressed by his sincerity.
They were similarly underwhelmed by his stilted response to another skeleton from his past — his history of boorish and offensive comments about women.
Female staff have described a misogynist culture at his company and some sued, with an estimated 17 accepting ‘nondisclosure agreements’ that barred them from discussing it.
One former saleswoman who sued Bloomberg and his company alleged he told her to ‘kill it’ when he learned she was pregnant.
He denied her allegation under oath and reached a confidential settlement with her. When Bloomberg insisted on Wednesday that none of them accused him of personally doing anything ‘other than maybe they didn’t like a joke I told’, Left-wing firebrand Elizabeth Warren pressed him to release them there and then from their gagging orders.
He declined. ‘Democrats take a huge risk if we just substitute one arrogant billionaire for another,’ warned Warren, who has campaigned fiercely to address America’s growing economic inequality and had a very good night.
‘I’d like to talk about who we’re running against: a billionaire who calls women “fat broads” and “horse-faced lesbians”,’ she said. ‘And, no, I’m not talking about Donald Trump, I’m talking about Mayor Bloomberg.’
Her ‘horse-faced lesbians’ remark was extracted from a 32-page booklet — ‘The Wit and Wisdom of Michael Bloomberg’ — that his Wall Street colleagues and employees put together in 1990. It’s stuffed full of off-colour jokes.
One quote attributed to him reads: ‘If women wanted to be appreciated for their brains, they’d go to the library instead of to [department store] Bloomingdale’s.’ In another, he reportedly claimed at a meeting that his computer terminal would ‘do everything’ including oral sex, adding: ‘I guess that puts a lot of you girls out of business.’
He says he can’t remember making the comments and, in mitigation, points out that sexism was rife in the financial services industry back then. Meanwhile, in his 1997 autobiography, Bloomberg
bragged that he kept ‘a girlfriend in every city’ during his years on Wall Street.
He told a reporter at the time: ‘I like theatre, dining and chasing women’, describing his romantic life as a ‘wet dream’.
He has also repeatedly been accused of making crude and lewd comments, allegedly telling a former female employee, ‘I would do you in a second,’ and saying of another woman, ‘I’d like to do that piece of meat’.
Critics say that ‘Bloomy’ sounds too much like Trump for a political party that has denounced the misogyny of a president who boasted about groping women.
Bloomberg has another big black mark against his name that was mentioned in Vegas — he used to be a Republican. Although previously a Democrat, he ran for New York mayor in 2001 as a Republican. He then became an independent and only registered as a Democrat in 2018. And as voters were reminded in Las Vegas, he endorsed Republican George W. Bush against John Kerry in 2004.
Compounding his problems with voters looking for an antidote to Trump, Bloomberg is distinctly uncuddly. Lacking in warmth and charm, he is notoriously thinskinned and repeatedly rolled his eyes as his opponents jabbed at him on Wednesday night.
It all sounds fairly damning — until one bears in mind that polls show that what matters to Democrat voters far more than anything is getting rid of Trump.
Left-wingers can tie themselves in knots huffing and puffing about what Bloomberg did or didn’t say to women 30 years ago but, say critics, they’re taking their eye off the ball — potentially fatally. For the Democrat hierarchy, Bloomberg is the white knight, riding up with his huge money bags to save them from an American version of Jeremy Corbyn — Bernie Sanders — who despite his poll lead, is widely considered far too Leftwing to beat Trump.
Despite all the sneering from Left-wing rivals about Bloomberg ‘buying his way’ to the White House, the brutal fact is that money talks in American politics and self-funded presidential candidates can spend as much as they like.
And Bloomberg has made clear he’s prepared to spend whatever it takes. In January, he said he’d even spend $2billion to win the White House. (His aides also say he wouldn’t accept the $400,000 presidential salary if he succeeds.)
In January alone, his campaign announced yesterday that it had spent $220.6million.
As well as shelling out on adverts (which reach more Americans than the televised debates), he is
also conducting huge amounts of polling and hiring armies of staff.
In fact, since stepping down as New York mayor in 2013, Bloomberg has spent billions of dollars building up his national profile and network of political allies.
It’s estimated that he’s sunk more than $10billion into philanthropy and politics, (including $3.3billion to charity last year alone) particularly favourite causes such as climate change, gun control, abortion rights and tobacco regulation.
As he travels around the country campaigning, there’s no shortage of local Democrat politicians who, having benefited from his generosity in their own elections, are ready to share his podium.
And so cynics claim his philanthropy is primarily designed to gain influence.
Queen Elizabeth gave the Anglophile Bloomberg an honorary knighthood in 2014 in recognition of nearly £51 million in charitable donations in the UK.
Bloomberg supporters counter that he is just the sort of number-crunching technocrat and sensible moderate who exudes the sort of competence that will inspire voters after four years of chaotic Trump rule.
‘As president I’ll offer commonsense plans and I will get it done,’ was how
Bloomberg phrased it in his usual monotone in Las Vegas.
For his part, Trump is certainly taking Bloomberg seriously, dubbing him ‘Little Michael’ (Bloomberg is 5ft 7in), and clearly not relishing the possibility of having to debate with a man who could forensically pick apart his claims to have single-handedly revived the US economy.
Despite the best efforts of Bloomberg’s critics, comparisons between the two tycoons only go so far. While Trump largely inherited his fortune from his property developer father, Bloomberg is the selfmade son of a dairy company accountant from Massachusetts.
An Eagle Scout with a passion for snakes, Bloomberg went to Harvard Business School and became an investment banker on Wall Street.
Sacked as a partner of Salomon Brothers after the investment bank was bought out, he used his $10 million pay-off to set up Bloomberg in 1981. The business now employs more than 19,000 people in 69 countries.
In 1975, he married Yorkshirewoman Susan Brown and they have two British daughters, Emma and Georgina, the latter a successful equestrian. The couple divorced amicably in 1993 and Bloomberg says Susan remains his ‘best friend’.
A former bachelor about town, he has been in a relationship with Diana Taylor, a former Wall Street executive and banking regulator, since 2000.
Insiders say Bloomberg, both brash and jocular but also earnest and nerdy, is a man of contradictions. In his campaign for New York mayor he upheld the virtue of school prayers but simultaneously threw a ‘Seven Deadly Sins’ Christmas party in London in 2001, staffed by 600 people.
GUESTS were invited to frolic on a purple satin bed, while other features included drag queens, massage tables and entertainers waving wads of cash and shouting, ‘Money — ain’t it gorgeous?’
Single-minded, self-confident and — above all — aggressive, he concedes that he almost always thinks he knows best. ‘He’s always been his hero,’ said the coauthor of his memoirs.
He also has a notoriously fierce temper that he’ll have to control during the campaign if he doesn’t want to remind voters of Trump. (Bloomberg admitted he once slammed a door so hard that the latch broke, locking him in so he had to sheepishly ask colleagues to let him out.)
Elected mayor in 2002, he only accepted a $1-a-year salary and didn’t use the official residence that came with it.
Not that he noticed it. A few years ago, he was estimated to own 14 homes around the world.
They included two in London — one in Knightsbridge and the other in Chelsea. Bloomberg bought the latter, a sevenbedroom mansion in Cheyne Walk that is the former home of author George Eliot, for £16million in 2014 after paying £1million more than the asking price.
In New York, he lives in a five-floor mansion on Manhattan’s Upper East Side. Other homes included three estates in the Hamptons, Long Island, and others in Colorado, Bermuda, Hong Kong and Paris.
When he’s not expanding his property portfolio, Bloomberg is also a keen pilot who has spent millions on a fleet of planes and helicopters.
Bloomberg, who has mocked other Democrat candidates for apologising for just about everything, sounded a little chastened yesterday after his Wednesday night mauling.
Campaigning in Utah, he said: ‘You’ve all heard the slogan, “Mike will get it done”.
‘And, if you haven’t, I’ve wasted a lot of money here.’
Unfortunately for his Democrat opponents — and perhaps Trump, too — losing a lot of money doesn’t seem to bother Michael Bloomberg.