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part of the campaign strategy, bloomberg plans to skip the first three primary states and not compete for the delegates. instead he will focus on super tuesday march 3. he will not he accept political donations or take aal ray should he become president. but he s still getting attacked from fellow democratic candidates right now over his billionaire status. we don t believe billionaires have the right to buy elections. that s why multi-billionaires like mr. bloomberg won t get very far in this election. reporter: on the other side of the aisle, critics say bloomberg s entry into the race is a sign that he doesn t have a
west coast bureau with the latest. good day to you, christina. reporter: touting his middle class upbringing and record as a jobs creator, in in this in light of attacks over his billionaire status. it s no secret he has deep pockets to campaign. the former new york mayor just spent at least $30 million for a single week of tv ads. he says he s here to beat trump and rebuild america. here s how the ad takes on the trump administration. stood up to the coal lobby at the outright denial of this administration to protect the only home we have, the growing menace of climate change. now he sees a different kind of menace coming from washington, so there s no stopping here. because there s an america waiting to be rebuilt. reporter: bloomberg s team has reserved $34 million for ads and plans to spend as much as $500 million this election. he says he doesn t support a
bought by billionaires. i think that mike s expressing concern about this primary field and shouldn t have concern. he s a solid guy. i have no problem with him getting in the race. okay not exactly a warm reception. mark preston is joining us now from iowa. mark, a lot of the other candidates have attacked bloomberg s billionaire status. should they feel threatened? i think they should and for this reason alione. michael bloomberg can write any size check that he wants. he can use that money to run ads as many times as he wants. in fact, he s doing so already. and the criticism you re hearing now are from folks that feel threatened or they feel like they can get some political currency out of attacking bloomberg. so whether or not he s for real about this, who knows. but he s certainly taking steps towards it and if you are in the current field right now, i would be concerned only because michael bloomberg certainly has
criticism from the warren camp and others saying we don t let another billionaire buy the election. and so the billionaire status, remember, he built bloomberg, a highly successful company that made him very, very rich in a at filled a need but it s a double edged sword with democrats. a lot of democrats don t really like the private sector. right. well, look, i think there is a niche that needs to be filled because it s hard for working class joe biden to support billionaires but if you look at the comments by jamie dimon, saying they re trying to elizabeth warren wants to punish people who are successful. as you sort of allude to, i don t think mike bloomberg would be shy about his achievements and his [ laughter ] and his success. it s notice surprising that mike bloomberg feels that no one else measures up quite to mike bloomberg. it will make for an interesting debate. but i think there is an opening