Adelson makes new ‘sizeable’ contribution to pro-Gingrich super PAC (Confirmed!)

Think Much via CNN ^ | 2-24-12 | Lippak

[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 Adelson’s 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.

You can follow Kevin Bohn on Twitter @KevinBohnCNN.

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. It’s unfair that I’ve been treated unfair—but it doesn’t stop me. I might give $10 million or $100 million to Gingrich.”

Adelson’s worth is estimated at $25 billion.

[annieokie]

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.

[Alt Right]

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.

[PapaNew]

The Leftists’ rules. Unconstitutional. What about the money that’s given directly to Gingrich?

[Alt Right]

Well it might certainly free him up to use his own resources in that way.

[PapaNew]

use his own resources

That's my question. Which kind of contributions go to "PAC" and which go directly to him to use as he wants?

[Alt Right]

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.

[Alt Right]

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. >.<

[seekthetruth]

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.

[Right_in_Virginia]

BUMP!

[PapaNew]

It seems obvious that at this late date, Newt is either dead or he's got to do something MUCH different. So my questions would be:

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.