Skip to comments.Adelson makes new ‘sizeable’ contribution to pro-Gingrich super PAC (Confirmed!)
Posted on 02/24/2012 5:02:37 PM PST by VinL
Washington (CNN) Casino mogul and major Republican donor Sheldon Adelson made an expected new contribution this week to the super PAC supporting Newt Gingrich, Winning Our Future, CNN has learned.
One source familiar with Adelsons donation described it as sizeable. Two sources said the Nevada businessman made the contribution recently.
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The sources would not speak on the record because Adelson wanted his contribution to be private.
CNN reported last week Adelson was expected to contribute as much as an additional $10 million to the super PAC. A great majority of the funding for Winning Our Future has come from Adelson and his extended family. Adelson, his wife and their extended family have donated $11 million to the organization.
The sources would not specify the exact amount of the donation.
A spokesman for Adelson could not be reached for comment.
A spokesman for Winning Our Future, Rick Tyler, refused to comment on whether Adelson made a new donation.
Thanks to the new influx of money, the organization will have far greater resources to help boost Gingrich in some of the primaries and caucuses voting on March 6th, Super Tuesday.
The organization is expected to disclose as early as Monday its plans for advertising in those states. Gingrich is campaigning hard in several of those contests in hopes to keeping his campaign alive.
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In the new edition of Forbes Magazine, the multi-billionaire defended himself against critics of his contributions.
Those people are either jealous or professional critics, Adelson said, adding They like to trash other people. Its unfair that Ive been treated unfairbut it doesnt stop me. I might give $10 million or $100 million to Gingrich.
Adelsons worth is estimated at $25 billion.
One thing that NEWT needs to get. A PEP in his STEP. He needs to walk on stage as if he owned it, which he does. Walk out peppy and happy to be there, own it.
Good post. I love how Newt is fearless in turning the media’s craven questions around and sticking it to them.
I think he does that in this Oklahoma one. I’m about 20 minutes in and he’s doing great, very confident presentation, and a lot of funny lines I hadn’t heard before. I keep expecting to see Newt settle into a standard stump speech but every one of these I watch seems to be mostly new material. There are some intros, then Newt comes out about 6 minutes in. The crowd looks enormous, going up to the rafters.
At 21:50 you can see how enormous the crowd is as the camera pans through.
Had 3 young men sitting next to me, did not know until after that they were Democrats. Should have suspected as they never clapped, and one told me he was interested in the environment. I held my tongue on that one, if I had know he was a democrat yut, I would have let him have it.
Still, NEWT needs to put some PEP in his walk, would help with those that think he is to old, to stuffy, etc. Get his giddy up going.
Cool, lucky you. That’s one reason I hope Newt makes it to Pennsylvania!
I will be available to autograph soon. lol
“Romney spending, spending, spending millions and he still don’t have traction. rofl. It’s just money, think what he would do with our taxpayer money, it’s just money.”
Goes back to the same old story:
Mitt was born with a silver spoon in his mouth!
He sure does. Makes you wonder why he wants to be President so badly. Pay not that good for someone as rich as he is.
Newt can’t use any of that money because it’s a super PAC. He’s not allowed any contact or to influence how they spend it.
The Leftists’ rules. Unconstitutional. What about the money that’s given directly to Gingrich?
Well it might certainly free him up to use his own resources in that way.
That's my question. Which kind of contributions go to "PAC" and which go directly to him to use as he wants?
Adelson can pour unlimited contributions into the PAC. Newt has stated that most of the contributors to his actual campaign are people who send $250 or less.
I don’t remember what the maximum donation is that you can make to a candidate’s campaign directly. I think it’s around $3000. I’ve never had the luxury of doing it. >.<
It is 2,500 per election. In other words one can donate to 2,500 to candidates in primary races and then again in the general election.
1) If he had the funding, would he be willing to go on a series of half-hour prime-time TV fireside chats and level with the American people about who he is, warts and all, what he can and wants to do, and what's at stake? If not, forget it, and it may not matter anyway. If yes, and he moves QUICKLY...
2) How much would that cost - maybe, I don't know, 5 or more half-hour programs (or 20 or 15 minute programs)?
3) How much could Free Republic raise for Gingrich, if JimRob began an all-out campaign to raise enough to do this in this eleventh hour?
With Super Tuesday ten days away, I don't know, it may be too little too late - but if it could happen, I think it has a chance of making a difference.