Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co...
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.
Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. In 2020, Forbes ranked him as the sixteenth-richest person in the world, with an estimated net worth of $48 billion as of April 7, 2020 and as of July 21, 2020, Bloomberg ranked 8th in Forbes 400 with net worth $60.1 billion. Since signing The Giving Pledge, Bloomberg has given away $8.2 billion.
Bloomberg was elected the 108th mayor of New York City. First elected in 2001, he held office for three consecutive terms, winning re-election in 2005 and in 2009. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by the end of 2014.
As mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. He has also faced significant criticism for his expansion of the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run.In November 2019, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election. He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $935 million for his candidacy, which set the record for the most expensive U.S. presidential primary campaign.
VS
Barry Goldwater
Barry Morris Goldwater (January 2, 1909 – May 29, 1998) was an American politician, businessman, and author who was a five-term Senator from Arizona (...
Barry Morris Goldwater (January 2, 1909 – May 29, 1998) was an American politician, businessman, and author who was a five-term Senator from Arizona (1953–1965, 1969–1987) and the Republican Party nominee for president of the United States in 1964. Despite his loss of the 1964 presidential election in a landslide, Goldwater is the politician most often credited with having sparked the resurgence of the American conservative political movement in the 1960s. He also had a substantial impact on the libertarian movement.Goldwater rejected the legacy of the New Deal and, along with the conservative coalition, fought against the New Deal coalition. A member of the NAACP and active supporter of desegregation in Phoenix, Goldwater voted in favor of the Civil Rights Act of 1957 and the 24th Amendment to the U.S. Constitution, but opposed the Civil Rights Act of 1964, believing it to be an overreach by the federal government—a decision that considerably anguished him. In 1964, Goldwater mobilized a large conservative constituency to win the hard-fought Republican presidential primaries. Although raised as an Episcopalian, Goldwater was the first candidate of ethnically Jewish heritage to be nominated for President by a major American party (his father was Jewish). Goldwater's platform ultimately failed to gain the support of the electorate and he lost the 1964 presidential election to incumbent Democrat Lyndon B. Johnson by one of the largest margins in history. Goldwater returned to the Senate in 1969 and specialized in defense and foreign policy. As an elder statesman of the party, Goldwater successfully urged President Richard Nixon to resign in 1974 when evidence of a cover-up in the Watergate scandal became overwhelming and impeachment was imminent.
Goldwater narrowly won re-election in 1980 for what would be his final and most influential term in the senate. In 1986, Goldwater oversaw passage of the Goldwater–Nichols Act, arguably his most significant legislative achievement, which strengthened civilian authority in the Department of Defense. The following year, he retired from the Senate and was succeeded by John McCain, who praised his predecessor as the man who "transformed the Republican Party from an Eastern elitist organization to the breeding ground for the election of Ronald Reagan". Goldwater strongly supported the 1980 presidential campaign of Reagan, who had become the standard-bearer of the conservative movement after his "A Time for Choosing" speech. Reagan reflected many of the principles of Goldwater's earlier run in his campaign. The Washington Post columnist George Will took note of this, writing: "We [...] who voted for him in 1964 believe he won, it just took 16 years to count the votes".
Goldwater's views grew increasingly libertarian as he neared the end of his career. After leaving the Senate, Goldwater's views cemented as libertarian. He criticized the "moneymaking ventures by fellows like Pat Robertson and others [in the Republican Party] who are trying to... make a religious organization out of it." He lobbied for homosexuals to be able to serve openly in the military, opposed the Clinton administration's plan for health care reform, supported abortion rights, and the legalization of medicinal marijuana.
Comments (0)
No comments yet. Be the first to share your thoughts!