Courtesy of NYT:

Michael R. Bloomberg, the billionaire former mayor of New York City, spent at least $30 million on Friday for a single week of television ads, a show of financial force that signals his willingness to use his vast personal fortune to reshape the Democratic presidential race.

The 60-second biographical commercials will begin on Monday in more than two dozen states and roughly 100 news media markets from California to Maine, a preview of a 2020 campaign budget that could easily stretch into the nine-figure range.

The scope of Mr. Bloomberg’s ad buy is staggering. It is more than all of Mr. Bloomberg’s potential rivals — other than the other billionaire running, Tom Steyer — have spent on television ads all year, and about double what Senator Cory Booker had raised in donations from February through the end of September.

“Mike is prepared to spend what it takes to defeat Donald Trump,” said Howard Wolfson, a top adviser to Mr. Bloomberg, whose formal announcement of his candidacy appears imminent.

Trying to buy your way into this race is so antithetical to where the Democratic party is these days that it is surprising it does not doom Bloomberg’s campaign right out of the gate. 

Or perhaps it does.

Just speaking for myself I am insulted that a billionaire believes he can erase all of the hard work done by oue current crop of Democratic candidates and jump to the head of the line simply because he has a seemingly bottomless reservoir of money. 

American votes should not be for sale.

Period.