How objective is Bloomberg.com? That is a question which deserves to be asked in the wake of its owner, Michael Bloomberg, speaking in support of Hillary Clinton at the Democratic National Convention on Wednesday night.
Bloomberg also delivered a scathing critique of Republican Party presidential nominee Donald Trump, saying “The richest thing about Donald Trump is his hypocrisy.” In a battle of billionaires, he is reportedly worth nine times more than Trump with a net worth of $36.5 billion.
Bloomberg did an end around New York City’s two-term mayoral limit to serve three terms as mayor of the Big Apple. In the 1990’s, New Yorkers twice voted to impose two four-year terms on the mayoral office, but Bloomberg skirted the will of the people in 2008, getting the New York City Council to approve a bill extending the limit to three terms. The vote, 29-22, was controversial. He was also famous for imposing a limit on the size of soda that could be sold in New York City, but the “Bloomberg Soda Ban” was overturned by the New York State Court of Appeals.
That would seem to beg the question, how objective is his business-news website, when he openly endorses a major-party presidential candidate, at a national convention no less? You might want to ask that question the next time you take a sip of that soda, while logging onto his website.