Bloomberg Opens Primo Real Estate LoDo Office

Michael Bloomberg.

As the Denver Post’s Sam Tabachnik reports:

Presidential hopeful Mike Bloomberg unveiled his plan to increase taxes on the rich Saturday in downtown Denver, touting his effectiveness as mayor of New York and his role in passing gun legislation across the country as he made his case to Colorado voters that he is the man best positioned to defeat Donald Trump in November…

The campaign event came as Bloomberg, who entered the crowded Democratic field in November, has focused on hitting the “Super Tuesday” states, such as Colorado, while eschewing the early voting states where most of the presidential candidates have been camped out for a year.

The 77-year-old has used his vast war chest of personal funds to flood the airwaves with advertisements on the Front Range since entering the race as he builds out the field’s most extensive operations in the state. The new field office on 15th Street and Blake Street marks Bloomberg’s ninth office in Colorado, with more than 50 staffers on the payroll, his campaign said.

Huffington Post’s Ryan Grenoble captures the mood inside Mike Bloomberg’s capacity crowd:

Just after taking the stage at his presidential campaign’s new flagship office in downtown Denver on Saturday, Michael Bloomberg — net worth $61 billion — joked about wanting to find a stand-in so he could instead spend the day at his Vail vacation home.

Instead of alienating the at-capacity crowd in the 5,000-square-foot former Patagonia store, the largely white, slightly older audience gave a knowing laugh.

While Bloomberg’s wealth has drawn scorn from critics who accuse him of attempting to buy the presidency, that concern wasn’t shared by many attendees.

So here’s the deal, gentle readers: we’ve been hard on Michael Bloomberg in this space for some years now, and when Bloomberg first announced he was wading into the already-crowded 2020 Democratic presdential primary we were, to put in mildly, unreceptive. With that said, Bloomberg is doing the one thing we would tell every wealthy candidate who wants this fabulously expensive endeavor to actually succeed, which is to go all in.

And Mike Bloomberg is undeniably all in, having already spent almost $200 million since entering the race in late November–an amount of money this early in the race that only be called staggering and unprecedented. By comparison the top fundraiser in the Democratic primary, Sen. Bernie Sanders, had raised only about $34 million at the end of Q4 2019. Bloomberg is reportedly paying several times the going rate for every kind of staffer, from lowly field organizers to campaign management. That’s more money for their time than most rank-and-file campaign workers will ever see, and it’s an offer that many of the state’s best political organizers and consultants simply couldn’t refuse.

The big game is won by buying up the talent, right? That’s the theory.

Bloomberg is targeting Colorado as a Super Tuesday state, which appears to be the main focus of his campaign strategy–sidestepping the earliest races in order to make a strong Super Tuesday showing and calibrate from there. If Bloomberg doesn’t do well on Super Tuesday, it’s likely to be a short campaign. In that event, Bloomberg will have the chance to keep the second part of his promise to Democrats in exchange for consenting to his participation in the primary–to use the massive campaign infrastructure he has built in just a few months to help whoever wins the nomination defeat Donald Trump.

Until then, he’s got the nicest office in town. And we’ll see where this goes.

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19 Community Comments, Facebook Comments

  1. MADCO says:

    Yeah.

    Well- until I see a load of yard signs, I know he’s not serious.
    I mean, best office, will obviously count big in the Colorado D presidential Primary.

    But we all know yard signs vote.

    Meanwhile, for those counting, the Colorado presidential primary is going to be settled long before Super Tuesday.

    Example-

    Colorado D primary voting starts when ballots arrive – about two weeks from tomorrow.

    I’m betting ballot return will be typical and most of the ballots will be cast, if not returned, well before 3/3.
    Sure- some voters will wait, but I don’t think they will persuade or influence those who already decided.

     

    • Conserv. Head Banger says:

      I live on a short cul-de-sac. Yard signs here just aren't seen. Only time I put up a political yard sign in past 20 years was a sign for the ballot initiative, a few years ago, re-authorizing the Scientific & Cultural Facilities District (SCFD).

  2. kwtreekwtree says:

    I watched the Super Bowl (yay Chiefs!) and found it almost nauseating to watch the proTrump and pro Bloomberg ads try so hard to appeal to the African American voters.

    Trump’s ad featured an emotional middle aged black lady who was one of 3100 people  released early from her drug sentence, under a law which Trump had opposed and others carried to the finish line. Many had sentencing disparities from the crack vs powdered cocaine injustice highlighted by President Obama. Somehow, the increased incarceration rates of asylum seekers, including children, didn’t make it into the ad.

    Bloomberg’s ad also featured an emotional black woman, whose son was killed by gun violence, which is Bloomberg’s signature issue. Somehow, that Bloomberg basically invented sanctioned racial profiling, which led to unequal incarceration of people of color in New York for years, didn’t make it into that ad. 

    How did these guys miss the memo that conservative white rural males are the only voters worth courting? 

    Actual candidates of color have now all been muscled off the Democratic debate stage in favor of older white billionaires. Guess they didn’t miss that memo. 

     

     

    • Powerful Pear says:

      Great win for the Chiefs! So satisfying to see individuals perform and support teamwork.

       

    • RepealAndReplace says:

      "Actual candidates of color have now all been muscled off the Democratic debate stage in favor of older white billionaires. Guess they didn’t miss that memo." 

      If by "muscled off the debate stage" because they had low polling numbers, then you are right, they were muscled off by a lack of popular support. The biggest problem candidates of color had was that Biden was sweeping up voters of color.

      Do you want the Democratic Party to establish quotas for participation in debates:  three African-Americans (male, female, and non-binary), three Latinxes, etc., etc.?

      But no people who are professionally and financially successful like Steyer or Bloomberg, right Pomps?

  3. ParkHill says:

    I know from a direct contact that Bloomberg is trying to buy up the talent. A regional Democratic Party organizer I know was offered double the salary to go to Bloomberg. Despite the huge 9-month income stream, he declined.

    • MADCO says:

      convention is in July.
      Bloomberg is going to be out by then.

    • RepealAndReplace says:

      That says a great deal about the talent and to what incentive the talent responds.

      By the way, Bernie has more money than Biden but less than Bloomberg. He should have enough to bid on some of the talent. Maybe not all, but some of it.

      • JohnInDenverJohnInDenver says:

        Unless Biden has a hidden source of donors in 2020, he will have a hard time ramping up to the Super Tuesday contests.  At the end of 2019, he had $9 million cash on hand. That's about half of the leading candidate, Sanders, who had $18.2 million in the bank. And more of Biden's donors had already hit the maximum giving for the primary contest.

        Meanwhile, Bloomberg has none of those constraints.

      • bullshit!bullshit! says:

        I wouldn't do it personally, but let him without a mortgage payment cast the first stone.

  4. PseudonymousPseudonymous says:

  5. RepealAndReplace says:

    Perhaps the Democratic nomination race will boil down to a choice between two septuagenarians from New York one of whom used to be a Republican, the other a former Trotskyite.

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