Tag Archives: Bloomberg

Sanders finds out Bloomberg dropped out of the 2020 race hours later: 'First I heard about that'

Sanders finds out Bloomberg dropped out of the 2020 race hours later: 'First I heard about that'Sen. Bernie Sanders (I-Vt.) apparently hasn't been keeping a close eye on the news today.Sanders spoke to reporters in a post-Super Tuesday press conference on Wednesday afternoon, hours after former New York City Mayor Michael Bloomberg announced he was bowing out of the 2020 race. But when a reporter asked Sanders for his thoughts, they evidently broke the news to him for the very first time. "Has he stepped out?" Sanders asked the reporter. "Well, that's the first I heard about that."Sanders went on to conclude that Bloomberg dropping out and throwing his support behind former Vice President Joe Biden is part of an effort to "stop Bernie Sanders," though he once again reiterated that this is "the first I've heard of what role Mayor Bloomberg will be playing." With this roughly four-hour delay between the Bloomberg news breaking and it making its way to Sanders, get ready for the senator's very delayed thoughts on No Time to Die's release date getting bumped sometime this evening. > Bernie Sanders surprised by news Michael Bloomberg suspending his presidential campaign this morning: "First I've heard about that."> > Asked what Bloomberg brought to the 2020 race, Sanders says, "He's certainly brought a lot of money into this race." https://t.co/Q3fPEwmdNX pic.twitter.com/1J5LCQR8qd> > — ABC News (@ABC) March 4, 2020More stories from theweek.com It's 2020 and women are exhausted Andrew Yang is launching a nonprofit to make universal basic income a reality Could Democrats win the battle against Trump but lose the war against Trumpism?

-



Yahoo News – Latest News & Headlines

Please follow and like us:

Bloomberg once said Social Security is a bigger Ponzi scheme than Bernie Madoff's

Bloomberg once said Social Security is a bigger Ponzi scheme than Bernie Madoff'sBillionaire and former New York City Mayor Michael Bloomberg twice compared Social Security to a Ponzi scheme when he was in office, CNN reports, which is a far cry from his current stance as a Democratic presidential candidate.Nowadays, Bloomberg has vowed to to strengthen entitlement programs, but he used to see them as a major hurdle in the effort to shrink the United States' deficit. During appearances on his old radio program "Live from City Hall," which were reviewed by CNN's KFile, Bloomberg made the Ponzi scheme comparison once in 2006 and again in 2009. The latter instance was in relation to Bernie Madoff, who was arrested in December 2008 and later pleaded guilty to a massive Ponzi scheme."I don't know if Bernie Madoff got his idea from there, but if there's ever a Ponzi Scheme, people say Madoff was the biggest? Wrong," Bloomberg said. "Social Security is, far and away."Stu Loeser, a spokesman for Bloomberg, attempted to explain Bloomberg's comments to CNN. "The Social Security Administration itself gives out detailed actuarial tables on when and how payments will exceed income, and the issue needs attention because we're running the cushion between them down," he said. "Mike believes that between now and that time, we will need to boost receipts by raising contributions from those who can best afford it, which is what he'll do as president." Read more at CNN.More stories from theweek.com Harvard scientist predicts coronavirus will infect up to 70 percent of humanity Stephen Colbert teaches Elizabeth Warren about South Carolina cuisine, tells a dirty joke, gets jabbed by a fork Israel is the first country to warn its citizens not to travel abroad over coronavirus fears



Yahoo News – Latest News & Headlines

Please follow and like us: