Perdido 03

Perdido 03

Tuesday, April 23, 2013

Bloomberg Bloats His PAC With Cash

He's got money to burn and boy is he burning it:

Michael Bloomberg’s national political spending has skyrocketed during the first quarter of 2013. But it is unclear whether his company, Bloomberg LP, has had any parallel increase in spending on federal lobbying activity.

In the first quarter, New York Mayor Michael Bloomberg contributed over $2 million to his Super PAC, Independence USA, for independent expenditures in federal political races. He also announced he has committed $20 million to push for tighter gun laws. His group, Mayors Against Illegal Guns Action Fund, has registered for federal lobbying, effective April 1st.

$22 million to be used to bludgeon politicians who don't agree with Herr Bloomberg on gun laws.

You can bet he's going to do something similar with education reform in the near future.

Isn't it swell we live in a fake democracy where a billionaire bully like Bloomberg gets to use as much money as he wants to hammer pols who hold beliefs different than his own on various issues?

Because we are all created equal and we all have the right to free speech, but those of us with billions of dollars are just a little more equal than the rest of us and enjoy lots more speech than us as well.

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