Bloomberg wants to "defeat Trump and rebuild America", but the tough policy of running New York and repeated party transfers could hinder him.

Billionaire Michael Bloomberg, former mayor of New York, officially joined the race for the White House on November 24. Some people close to Bloomberg said he did not believe current Democratic candidates could beat. President Donald Trump, including former Vice President Joe Biden, who Bloomberg has said has shown faint and difficult to raise funds.

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Billionaire Michael Bloomberg spoke at the National Democratic Party Conference in July Photo: AP

"We cannot stand Trump's reckless and unethical actions for another 4 years. He represents the existential threat to our country and our values. If he wins further one more term, we will never be able to overcome the damage, "77-year-old media billionaire said in the election statement.

The co-founder and principal owner of the Bloomberg media and financial data empire is considered a formidable candidate, capable of attracting voters from other candidates such as Biden, Minnesota senator Amy Klobuchar or Mayor Pete Buttigieg. His wealth also contrasts with the views of Senators Elizabeth Warren and Bernie Sanders, prominent Democratic candidates opposing income inequality and the rules of Wall Street.

With a net worth of about $ 54 billion, 17 times more than Trump, ranked 8th in the US by Forbes magazine and 17th in the world, Bloomberg said he will fund his campaign himself and will not accept any any donation. The billionaire has poured $ 100 million in online advertising against Trump and appears to be trying to convince Americans that he is the best candidate to beat the President.

Advertisements for Bloomberg began airing on November 25 in more than 20 states and about 100 media markets across the US, costing $ 30 million a week. Meanwhile, as of last week, the remaining 18 candidates of the Democratic Party spent a total of 82.5 million TV ads. Bloomberg also spent tens of millions of dollars to help Democrats in midterm elections last year.

Policies that are supposed to help Bloomberg gain voters control arms and combat climate change. In the campaign announcement video, the media billionaire highlighted those issues, and expressed support for the rising taxes of the rich, as well as expanding health insurance coverage.

The fact that Bloomberg owns the media empire named after him is also his advantage. Bloomberg News announced that it would not conduct articles investigating the founder, his family and his organization, and at the same time "issue a similar policy to his opponent in the party's primary elections." Democracy". However, the news agency will still cover the investigation into Trump as "current government leader". Some members of the editorial board specializing in writing Bloomberg reviews will take time off to take part in the presidential election campaign.

The first campaign ad praised Bloomberg's three-year term as mayor of New York, emphasizing that he "ran a city still reeling from the 9/11 disaster" and had "revived it from ashes." ", but also added other achievements such as increased employment.

However, according to CNN commentator Dean Obeidallah, who lived in New York under Bloomberg, the billionaire may be a great mayor for some residents, but does not include blacks, blacks and Islamic. His policies seem to carry the implicit message that Muslims, blacks and Latinos do not deserve the same citizenship as New Yorkers.

Obeidallah said that Bloomberg had implemented two policies that could prevent Democratic voters from voting for him. The first was the "containment and ransom" campaign, which allowed the police to block blacks and Latinos in New York for no reason. The policy evolved from the former mayor Rudy Giuliani's tough view of crime, but was considered racist and unconstitutional. Bloomberg also alleged discrimination when implementing plans to monitor the Muslim community in New York.

According to data from the American Civil Liberties Federation (ACLU), more than 5 million "prevent and search" incidents took place in the 12 years Bloomberg served as mayor. "Black and Hispanic black men aged 14-24 only account for 4.7% of New York's population, but were subject to 41% of roadblocks between 2003 and 2013," the ACLU report said. added that nearly 90% of black and Latin youth were stopped innocent.

A federal judge in 2013 declared that this policy of Bloomberg was unconstitutional for violating unjustified arrest and ransom rule, as well as ensuring all Americans were treated equally regardless of race. In response, Bloomberg accused the judge of deliberately unfair trial and vowed to appeal the decision.

Bloomberg apologized last week for its "blocking and ransacking" campaign as it prepares to enter the race for the White House. In January, he also expressed sympathy with those who were targeted wrongly, but defended the policy by citing a reduced murder rate when it was applied. However, experts say the murder rate in New York continues to decline even after the campaign ends.

Although less noticeable by the "containment and ransom" policy, surveillance of the Muslim community is also a mistake by Bloomberg, commentator Obeidallah said. After the billionaire started leading New York, the undercover police tracked every Muslim activity, from eating, praying, shopping to going to school, even infiltrating groups of Muslim students. not just in New York but across the northeast. When asked if the police were going too far, Bloomberg answered "no".

In addition to the two controversial policies, Bloomberg is also said to be determined to protect Wall Street, making housing conditions and homelessness in New York worse. Bloomberg's campaign promotes him as a self-made billionaire, but he doesn't seem close to the ordinary.

Huge fortunes can also become a political challenge for him. Sen. Warren, the presidential candidate strongly supported by Democrats for his plans against Wall Street, frequently criticizes the affluent elites who are having too much influence on politics. Senator Sanders also accused Bloomberg of planning to bribe the election.

"I am not happy with the idea that Michael Bloomberg or any billionaire thinks they can disrupt the political process and spend tens of millions of dollars to bribe the election. If you cannot build the election platform, then Don't run for president, "Sanders wrote on Twitter on November 22.

Bloomberg also raised doubts about the partisan view due to many party changes. He was a member of the Democratic Party, then registered to the Republican Party in 2001, apparently because it realized that this increased the chances of winning New York mayor. Soon after taking office, he sought to abolish partisan elections in the city. By 2007, in an attempt to run for president for the first time, Bloomberg abandoned the Republican side.

At the National Democratic Party Conference in 2016, Bloomberg appeared in a purple tie, alluding to nonpartisan, and declared him "not a member of any party". However, Bloomberg last year joined the Democratic Party once again, while his position was said to be unsuitable for the left, except for gun control and climate change.

Despite the Democratic presidential candidate, Bloomberg once again appeared with a purple tie in the campaign announcement video, seemingly hoping to attract voters with their bipartisan views.

"I will contribute by acting and solving problems instead of just talking. I am someone who is ready to fight and win," he declared.