yet...it's not without precedent.... (that is...rich persons vying for the presidency)..
Many American leaders have been white men born into wealth
www.voanews.com
Bloomberg could buy all of them with just what he is willing to spend to get the office.
That kind of wealth combined with being smart and having the power of the Presidency is not anything we've ever seen. That threat alone almost makes the case that there should even be people with that kind of money and almost certainly makes the case that the system is vulnerable to the oversized influence it can buy in our politics should it be at the personal disposal of the leader of our nation.
We aren't talking about the petty anti grifting we see currently. It's bad enough that a few hundred thousand can get a hundred million in govt contracts steered your way or a million can get a law that allows you to round up humans and put them in cages for profit. There is a danger that enough wealth someday might get you an enteral leader who can pass down the office and its power through lineage .
Then we are right back where we started like it never existed.
Remember, it was never guaranteed :
IF YOU CAN KEEP IT....
Hoover is the only actual guy on that list who made his own fortune.
If his experience at being a mining engineer gave him the wherewithal to make those mine purchases.