Live data from Hacker News

Bloomberg bankrolls a social-media army

wsj.com

381–390 of 553 posts

Re: Bloomberg bankrolls a social-media army

#382
post #324

Earlier quoted context omitted.

What is healthy, is that an American spent his money how he liked, the American media is free enough to have reported on it, American citizens are now well-informed enough to know that some of the folks they talk to online are paid, and the American election will be based on the interactions of a free people. He's not purchasing anything - as long as Americans care enough to be informed, he's blowing hot air that no…

Right the media is 'free' enough to report on it... Krystal Ball, Cenk, TYT, sure they HAVE talked about it, but the major netwroks like CNN and MSNBC? Not really, if they did he might not get so far, and then would stop literally throwing cash at them by buying ads. Public funding of elections needs to end, and Bloomberg is literally showing what's possible.

You make it sound as if the problem is a media that is disinterested in publishing real stories. Maybe we need new mainstream media organizations?

Re: Bloomberg bankrolls a social-media army

#383
post #332

Earlier quoted context omitted.

In some ways he's far more dangerous. He implemented a truly scary authoritarian police state during his term as mayor of New York City.

This is the allure of libertarianism - since a free democracy can't predict the quality of its leaders, representatives, and lobbyists, the government should be given as short a leash as possible to prevent things like a "truly scary authoritarian police state".

Anarcho-Capitalist libertarianism maybe. They're the ones who want a smaller government at all costs, even if that means creating a power vaccuum for some other (potentially bad) actors to fill.

Maximizing-liberty libertarianism would say that an impartial government is necessary to enforce rights for all citizens, even if that's the right to information to vote efficiently.

Re: Bloomberg bankrolls a social-media army

#384
post #324
post #216

Why is it healthy for American democracy to have an oligarch purchase the U.S. Presidency like a shiny, new yacht?

What is healthy, is that an American spent his money how he liked, the American media is free enough to have reported on it, American citizens are now well-informed enough to know that some of the folks they talk to online are paid, and the American election will be based on the interactions of a free people. He's not purchasing anything - as long as Americans care enough to be informed, he's blowing hot air that no…

> is that an American spent his money how he liked

Caps on campaign spending are there for reasons. A campaign should contribute to meaningful public discourse. Nothing more.

> the American media is free enough to have reported on it

Private media can be biased. Either explicitly (lying to peoples faces), or implicitly (self-censorship on stuff related to the owner). Surprisingly, in several countries - such as Britain or Czech Republic - state-owned media are the one sticking to higher values.

> American citizens are now well-informed enough to know that some of the folks they talk to online are paid, and the American election will be based on the interactions of a free people

Well, there are multiple studies in several countries which show the opposite. Quick google search yields one such https://thehill.com/homenews/media/392870-pew-study-finds-am...

Re: Bloomberg bankrolls a social-media army

#385

Earlier quoted context omitted.

Bernie -- an Independent running as a Democrat. Trump - a former Democrat, now the Republican president Bloomberg - a former Republican, turned Independent, now running as a Democrat Parties used to have the power, but now it seems like popular politicians are picking the party they think provides them with the easiest path to power, realigning their policy views accordingly.

Bernie's "independent" label means very little. Look at how he votes. He's a Democrat. It's a weird attempted knock against him considering how consistent he's always been.

I mean, is there a way to vote Yes/No but "indpendently" on bills?

Re: Bloomberg bankrolls a social-media army

#386

Earlier quoted context omitted.

Stop & frisk.

He didn't enact and he stopped it. I assume you aren't from NYC, stop & frisk pre dates Bloomberg by a decade.

He didn't enact it, but it was a signature policy of his, and he pushed it hard. There were twice as many stops his final year in office as there were his first year. It is only a reduction if you compare it to his penultimate year, when there were 7x as many stops as his first year.

This claim he reduced it is a key talking point of his campaign, and an outright lie. He was defending it literally up until the moment he decided to run for president (defending it publicly for years until October 2019, then apologizing in November 2019 when he announced his campaign).

Re: Bloomberg bankrolls a social-media army

#387
post #301

I'd respect the hell out of Bloomberg if he came out and said "damn right I'm buying this election...because the rules are that messed up" followed by a comprehensive plan to forever get money out of our elections.

Bloomberg already is.

He's pointing to the impact his $400M political donations have made, like getting women elected, stopping homelessness, youth education, etc. whenever asked.

This $2,500/mo for influencers is a drop in the bucket.

Re: Bloomberg bankrolls a social-media army

#388
post #367
post #358

Earlier quoted context omitted.

What if Trump wins?

Donald Trump spent on his campaign almost half the money of Clinton's campaign, and he won the presidency despite having raised less than any major party presidential nominee since 2008 [0]. So, if your concern is a candidate "buying" an election, Trump would be the worst recent example one could use. [0] https://www.bloomberg.com/politics/graphics/2016-presidentia...

Kudos for citing Bloomberg as a source.

Re: Bloomberg bankrolls a social-media army

#390
post #315

Earlier quoted context omitted.

...it's not for sale? Never really understood this line of attack.

I've watched enough of Succession to know that everything is for sale.

Underrated TV show. They even had one of the media conglomerate kids running for president.
Post reply on HN