Menu
Paynal © 2008
Billionaire Mike Bloomberg is Proving No Amount of Advertizing Can Sell a Flawed Product by Dave LIndorff!
(2020-02-25 at 20:40:44 )
Billionaire Mike Bloomberg is Proving No Amount of Advertizing Can Sell a Flawed Product by Dave LIndorff!
Shell-shocked Mr. Bloomberg confronted by Ms Warren with the dozens of complaints by women about the hostile workplace he runs and his history of dissing women.
Is Mike Bloomberg an Edsel or a Pinto?:
Mike Bloomberg has spent close to $450 million over less than two months on his armchair "campaign" for the Democratic presidential nomination. The result of this appalling financial juggernaut, after a short pop into double digits in the polls is pretty dismal.
Mike Bloombergs polling numbers have plateaued and even sunk in some primary states, and so far have not dented Bernie Sanders stunning rise.
It is likely, according to some reports, especially if Mr. Sanders wins or ties Mr. Biden in South Carolina, that Bernie Sanders will coast through with wins in almost all the 14 primaries on Super Tuesday, after which he will be well positioned to win the Democratic nation with a first ballot victory, relegating the dreaded Superdelegates representing the partys fossilized neoliberal Establishment to the dustbin of history.
Mike Bloombergs spending is likely to continue a while.
He had been talking about spending as much as $1 billion of his $62 billion in net worth, on his presidential ambition, and at least until recently, had said he would be willing to put $1 billion after the convention into backing whichever candidate wins the nomination, although lately, he seems to be ready to start spending his money on negative advertising trashing Bernie Sanders, which would seem to preclude his supporting the same guy if Mr. Sanders, as seems increasingly likely, ends up being the partys nominee.
In any event, Mike Bloomberg, who is spending money at a rate greater than Ford Motor Companys annual advertising budget for its entire product line ($2.8 billion), and approaching what General Motors spends ($4.5).
It is looking like the communications company magnate is the Edsel, or perhaps since his campaign seems to be going up in smoke, the Pinto of presidential wannabes.
The businessman who is the United States of Americas 8th richest billionaire, and a guy who claims to be a realist who bases his thinking on data, should have done a little investigating into the rules of advertising, which include the concept of saturation.
If you smother people in ads, after a while you gain little for adding more, and actually, your ads - even the slick Madison Avenue ones Mike Bloomberg is paying for - become simply annoying to viewers and readers.
I heard from Central Intelligence Agency whistleblower John Kiriakou that Mike Bloombergs online advertising is so ubiquitous that his 8-year-old son recently looked up from an iphone he was playing some game on and asked, "Dad, who is Bloomberg?"
"It turned out that Mike Bloomberg ads for president are even on kids internet games!" Mr. Kiriakou laughed.
Somehow Mike Bloombergs marketers figured out how to bypass parental controls! But winning over Mr. Kiriakous son of course is not going to help Mike Bloomberg defeat Bernie Sanders.
I have to admit to a certain shadenfreude at this, just as I felt when Liz Warren took the multi-billionaire to the woodshed in the last debate before the Nevada caucus. I suspect many United States of Americans, who may wish they were rich as Croesus, but still have a healthy disgust about the smugness of the countrys corporate elite with their 12 mansions, their fancy cars and limos, and their dismissive attitude towards the problems of the rest of us, and are sharing my shadenfreude.
If mike Bloomberg seriously wants to oust Donald Trump from the White House, he should withdraw from the race now.
He clearly cannot win the Democratic nomination without stealing it from Bernie Sanders via a second ballot vote including the Superdelegates he buys, and that will lead to so many people staying home on Election Day that he will go down to defeat no matter how much of his stash he spends.
If he withdraws, Bernie Sanders will cruise to victory in July.
While I am sure Bernie Sanders will not accept billionaire support, Mike Bloomberg could do a mitzvah by sticking to something he knows something about and buying the Fox network and the toxically anti-Sanders MSNBC, turning them both into purely entertainment networks with no news or "public affairs" programs for the duration of the election season, instead just running movies and game and reality TV shows.
It would be fun to see Donald Trump trying to win re-election without Fox programs spewing out their right-wing bile and conspiracy stories in every diner and bar across rural America, and with MSNBCs red-baiting Chris Matthews, the clearly anti-Sanders Joe Scarborough and the Russia-conspiracy-fixated Rachel Maddow all suddenly and deservedly jobless.
Reprinted here with the permission of "This Can Not Be Happening" The only news organization in the United States to be labeled a threat by the Department of Homeland Security!!