×
You will be redirected back to your article in seconds

Michael Bloomberg Makes Scathing Attack on Trump in DNC Speech

PHILADELPHIA — Former New York mayor and media mogul Michael Bloomberg hammered Donald Trump in a speech to the Democratic National Convention, calling him a “dangerous demagogue” who was running a scam to win the American presidency.

“I’m a New Yorker and I know a con when I see one,” he said to cheers.

Bloomberg, an independent, said that he was not appearing at the convention to endorse any party or platform, but he endorsed Hillary Clinton.

His speech called her the “sane, competent” alternative to Trump — a line that is a gift to the Clinton campaign as it tries to characterize the Republican nominee as too risky for the White House.

“Tonight as an independent, I ask you to vote not our of party loyalty, but out of love of country,” he said.

Bloomberg himself considered running for president this year as an independent, and even made a proposed advertising spot, but ultimately decided against it.

Like Trump, Bloomberg is a New York billionaire, but the media mogul was adamant that the comparisons ended there.

“Trump says he wants to run the nation like he’s running his business — God help us!” Bloomberg said.

He also made a dig at Trump’s image of self-made wealth.

“I didn’t start with a million-dollar check from my father,” Bloomberg said.

He got some boos when he said “many Democrats wrongly blame the private sector for our problems.”

“I know that Hillary Clinton isn’t flawless — no candidate is,” Bloomberg said. “But she’s the right choice and responsible choice in this election,” he said. “The bottom line is, Trump is a risky, reckless, radical choice, and we can’t afford to make that choice.”

Bloomberg, a former Republican who became an independent in 2007, endorsed President Obama for re-election in 2012.

“I understand the appeal of a businessman president,” he said. “But Trump’s business plan is a disaster in the making. It would make it harder for small businesses to compete, threaten the retirement savings of millions of Americans, lead to greater debt and more unemployment, erode our influence in the world, and make our communities less safe.”

 

More Biz

  • Passengers wait to depart for China

    Entertainment Stocks Tumble in Hong Kong as True Cost of Wuhan Virus Emerges

    UPDATED: The Hong Kong stock market tumbled by nearly 3% as it reopened on Wednesday. This was the first opportunity for local equities to be traded since the Chinese New Year holidays and the escalation of the coronavirus outbreak that started in Wuhan, central China. There were steep falls for some of the companies most [...]

  • Ben Smith Buzzfeed

    Ben Smith Stepping Down as BuzzFeed News Editor-in-Chief to Join New York Times

    BuzzFeed News editor-in-chief Ben Smith is leaving the company to join The New York Times as its media columnist, stepping into the role once held by the late David Carr. Smith announced the news today to staff at BuzzFeed minutes before it broke publicly via NBC’s Dylan Byers. His last day will be in March, [...]

  • Kobe Bryant helicopter crash

    Kobe Bryant Helicopter Did Not Have Terrain Awareness and Warning System, NTSB Says

    The bodies of all nine passengers aboard the helicopter that crashed in Calabasas, Calif., on Sunday have been recovered, the Los Angeles County Department of Medical Examiner-Coroner said on Tuesday. The crash took the lives of Kobe Bryant and his daughter, Gianna, along with the pilot and six others. Bryant was on his way to [...]

  • Univision logo

    Final Bids for Univision Communications Expected by Next Week

    The sale process around Univision Communications is set to accelerate as final bids for the Spanish-language broadcaster are believed to be due by the end of next week. Univision hung out the “for sale” sign last July, when the company hired Morgan Stanley, Moelis & Co. and LionTree to advise on a sale process that [...]

  • Kobe Bryant Dead

    Kobe Bryant's Best Days Were Still Ahead of Him (Column)

    I was strolling around my local flea market Sunday morning when I looked down at my phone and read the horrible news: “Kobe Bryant Dies in Helicopter Crash.” I let out an audible gasp. Of course, my utter shock instantly morphed into journalistic concerns over how we were going to cover this unfathomable news. I [...]

More From Our Brands

Access exclusive content