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Billionaire Oligarch Michael Bloomberg Scraps PAC Plan, Donates $18 Million to the DNC Instead

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Former New York Mayor and billionaire oligarch Mike Bloomberg is discontinuing his plans for an independent political action committee to promote Democrats in the 2020 presidential election. Instead, he will donate $18 million to the Democratic National Committee, according to an announcement from his campaign on Friday, March 20, 2020.

CNBC reported that Bloomberg will be laying off campaign staff, who will receive payment through the first week in April and get medical benefits until the end of that month.

Bloomberg’s presidential campaign said the DNC will use the investment to increase hiring, organizing, and data operations in battleground states. Further, it will transfer a number of field offices to state parties.

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“While we considered creating our own independent entity to support the nominee and hold the President accountable, this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution,” the campaign stated in a memo it sent to DNC Chairman Tom Perez.

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The billionaire endorsed former Vice President Joe Biden after dropping out of the 2020 Democratic primary earlier this month. Bloomberg dropped more than $500 million on his failed presidential effort and has promised to support the Democratic nominee.

The Bloomberg campaign described the $18 million transfer of unused campaign money as “the largest transfer from a presidential campaign in recent history.”

Bloomberg is making sure to cement his financial hold over the Democratic Party.

He might be out of the race, but his influence will still be felt as the party moves in a more radical technocratic direction.

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VIDEO: America First PAC Defends Marjorie Greene and Rips Her Swamp Opponent a New One

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Congressional candidate Marjorie Taylor Greene is going on offense against her Republican rival John Cowan.

Greene is currently running in Georgia’s 14th congressional district and will be facing off against Cowan during a runoff election on August 11.

Drain the DC Swamp PAC, a conservative PAC that promotes America First candidates, recently posted several messages on FB in favor of Greene.

On August 4, 2020, the PAC posted “We fully endorse Marjorie Taylor Greene for Congress for Congress and call on all patriots in Northwest Georgia to turn out for her and VOTE on August 11th. She is pro-Trump and conservative. Our nation is under attack by godless socialists who hate America and we need a fighter in Congress who will stop them. These same socialists are trying to vote in the primary to stop Marjorie Greene. We must not let that happen! Vote Marjorie Greene to save America from the radical left!”

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https://www.facebook.com/DrainTheDCSwamp/posts/1820795941394889

A few days later, the PAC page attacked Cowan by declaring that “John Cowan is the SWAMP and is backed by the SWAMP.”

It noted:

John Cowan is the SWAMP and is backed by the SWAMP. He won’t stand up to the socialists. He is OK with renaming our great Georgia military bases – Fort Benning and Fort Stewart. Fort Benning trains the US Army Infantry, Airborne, and Rangers. Fort Stewart is the home of the prestigious 3rd Infantry Division.These two bases trained and deployed America’s combat soldiers all throughout the world and they are the same bases who trained the fighting men who won two world wars.Vote AGAINST sellout John Cowan.

https://www.facebook.com/DrainTheDCSwamp/posts/1823287841145699

The PAC called on voters in Georgia’s 14th district to vote against Cowan “or he will sell out to the socialists.”

Drain the DC Swamp PAC is an organization that promotes conservative policies such as “protecting life to protecting our borders, we support those who fight for traditional values, our Constitution, and our Country.”

The PAC also supports “President Trump’s vision of a government of, by, and for the people. We believe the people have the right to know what their government is doing, and support leaders who aren’t afraid to hold it accountable.”

Greene is the America First candidate in this race who will stand up for the right to bear arms and promote pro-life policies.

This is one race America First champions cannot ignore.

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