“Bloomberg’s contribution appears to rely on the campaign finance loophole allowing campaigns to transfer unlimited funds to party committees in an election year.
As an individual, Bloomberg is only allowed to contribute approximately $35,000 a year to the DNC. But he can transfer unlimited money to his own campaign, which in turn can transfer an unlimited amount of funding to the party.”
“Three years after Kellyanne Conway introduced the doctrine of ‘alternative facts’ on his own program, a light went on for Chuck Todd,” Jay Rosen wrote. “Republican strategy, he now realized, was to make stuff up, spread it on social media, repeat it in your answers to journalists — even when you know it’s a lie with crumbs of truth mixed in — and then convert whatever controversy arises into go-get-em points with the base, while pocketing for the party a juicy dividend: additional mistrust of the news media to help insulate President Trump among loyalists when his increasingly brazen actions are reported as news.”