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Not running as tax evasion. he's not against billionaires paying more taxes and he wouldn't be buying the election in the view of the bloomberg campaign because he's got all the money and trump was broke. your thoughts? >> you know, because he's a wealthy man and he can self-fund, you know, that's called buying the election. if people, you know, as we saw with hillary, gave a billion dollars to her campaign, that's not. i understand that, but the reality is our system is designed to allow for individuals to self-fund or to give public money. i think what bloomberg is probably going to do is to...

Candidates. and it's easy to imagine that bloomberg's interest makes much more difficult to somebody to get 2, 3, 4, 5, 8% to move into that upper tier because he's going to own some of that vote going into the race. the more interesting question is when you self-fund, if it's only self-funding that would preclude you have from being in any presidential debates. so what does a funding tragic look like online when you're being transparent about the fact that you can spend 5, ten, $20 billion running for president? >> so, guy, if the bloomberg campaign went to iowa, new hampshire, south carolina...

Decision with is joe biden as strong as we think he is. largely biden's support is based largely around, you know, less educated white voters and voters of color, those aren't necessarily bloomberg's space. but i have spoken with quite a few people who are potential biden donors in new york, or biden supporters who he needs on his side now who are saying if bloomberg gets into this race, maybe we will step back from supporting him. >> they're kind of weaponizing his money, but let's be realistic, it means he can self fund. frankly a lot of people like the idea with donald trump, and i use that...

Millions of manufacturing jobs, retail, transportation, call centers. and to me the focus has to be on these problems. i haven't -- i know that michael understands technology and the future but i haven't seen him present real solutions beyond retraining that from the data i've seen will not be effective for the majority of americans, particularly those who are a bit older, who are being forced to transition. >> he's worth billions and billions of dollars. you say it might be too late. he has billions if he wants to self fund his campaign, he could easily do that. that's an advantage. right? >>...

Is maybe a deficit hawk. that's not my lane in the party but there are still moderates in the party. run and show your ideas. i would also add, though, even people who are afraid of him because of all the money. >> he can afford to self fund. >> he can afford to self fund. he was terrible on "60 minutes" last night. some of us remember that poor ted kennedy doomed his '80 campaign with a terrible "60 minutes" performance. howard schultz on "60 minutes" should have had a triple latte before he went on. all day we've been contrasting his rollout on "60 minutes," not official, with the energy of ...