To borrow a phrase from Joe Biden, Elizabeth Warren beat Michael Bloomberg like a drum at Wednesday night’s Democratic presidential debate.

He was the debate’s biggest loser, and the evening showed that he is way out of his league. The former New York City mayor was dry, out of touch, and boring. With his feet held to the fire by the other Democratic candidates, namely Warren, Bloomberg seemed like a lost puppy looking for his owner. He wasn’t sure of himself, and his inadequate responses on serious issues show that although money can buy thousands of advertisements, it clearly can’t buy you a good debate performance.