ee Republic
Browse · Search News/Activism
Topics · Post Article
Skip to comments.
Bloomberg called Warren 'scary' and vowed to 'defend the banks' in closed-door 2016 event
CNN ^ | 7:10 PM ET, Mon February 24, 2020 | Andrew Kaczynski and Em Steck
Posted on 2/24/2020, 7:38:40 PM by Zhang Fei
Former New York City Mayor Mike Bloomberg said at a private event in 2016 that his presidential campaign platform would have been to "defend the banks" and also labeled the progressive movement and Massachusetts Sen. Elizabeth Warren, now a rival for the 2020 Democratic presidential nomination, as "scary."
When asked his views on the rise of the far right in Europe, Bloomberg warned about the rise of progressive politicians in the US, citing Warren.
"The left is arising. The progressive movement is just as scary," he says. "Elizabeth Warren on one side. And whoever you want to pick on the Republicans on the right side?"
Bloomberg, who was elected mayor as a Republican and as an independent, also criticized President Barack Obama, saying that his 2012 endorsement of Obama was "backhanded" and that he thought Republican Mitt Romney could have done a better job if he'd been elected.
In the remarks, Bloomberg also spoke of the need for America to solve the problem of income equality before society "blows up." "Well, to start, my first campaign platform would be to defend the banks, and you know how well that's gonna sell in this country," Bloomberg said in his remarks.
"But seriously," he went on, "somebody's gotta stand up and do what we need. A healthy banking system that's going to take risks because that's what creates the jobs for everybody. And nobody's willing to say that. The trouble is, these campaigns in this day and age, really are about slogans and not about issues anymore. And in this election you're going to see people are voting and they either love or hate, mostly hate both, but who you hate the least. That's what they're going to vote for. And they're not going to vote on issues."
Bloomberg added of the
(Excerpt) Read more at cnn.com ...