Facebook reverses on paid influencers after Bloomberg memes
It&#x27;s crazy to me that we allow politicians to run targeted ad campaigns.<p>I randomly looked up Andrew Yang on good a few days ago on my phone and had ads from two billionaires take up my whole screen.<p><a href="https:&#x2F;&#x2F;imgur.com&#x2F;a&#x2F;Ke3aWBH" rel="nofollow">https:&#x2F;&#x2F;imgur.com&#x2F;a&#x2F;Ke3aWBH</a><p>Without campaign finance regulation majority of the billions donated to campaigns is going directly into pockets of Google, Facebook and cable monopolies. We&#x27;re letting billionaires buy the election.<p>&gt; What has Bloomberg been spending on? Per the Federal Elections Commission data through the end of 2019, the two biggest costs have been television advertising ($132 million) and digital outreach ($20 million). Some of the costs reflect a late entry to the campaign—buying lists of voters to contact ($3.2 million), hiring people to gather signatures to get his name on the ballot ($373,441), and hiring recruiters to bring onboard staff ($107,000).<p><a href="https:&#x2F;&#x2F;qz.com&#x2F;1802367&#x2F;detailing-mike-bloombergs-unprecedented-2020-campaign-spending&#x2F;" rel="nofollow">https:&#x2F;&#x2F;qz.com&#x2F;1802367&#x2F;detailing-mike-bloombergs-unprecedent...</a><p>How are we supposed to trust the media when they&#x27;re on track to get a billion dollars from a single candidate?