Posted on 02/01/2016 11:02:20 AM PST by 2ndDivisionVet
An interesting potential signal from the sought-after donors.
DES MOINES, Iowa -- Republican casino magnate Sheldon Adelson and his wife Miriam donated the maximum amount permitted to Ted Cruz's campaign last quarter, Federal Election Commission records released on Sunday show.
The Adelsons donated $2,700 each to the Cruz campaign on Nov. 18. The news arrives on the eve of the Iowa caucuses -- a seemingly make-or-break moment for Cruz, who hopes to defeat Donald Trump.
After publication of this story, Sheldon Adelson's political adviser Andy Abboud told BuzzFeed News in an email, "The Adelsons gave to several candidates. Nobody has been endorsed."
Sheldon Adelson is among the most, if not the most sought-after donor in Republican presidential politics, and his intentions in 2016 have been the subject of much speculation. The Adelsons spent close to $100 million in the 2012 election, of which $20 million went to Newt Gingrich's super PAC.
Sheldon Adelson favors candidates who align with his fiercely pro-Israel views. He and Miriam Adelson have been said to be deciding between Marco Rubio -- who locked up another important pro-Israel donor in Paul Singer in October -- and Cruz. BuzzFeed News reported last year that Miriam Adelson, an Israeli-American doctor who is very influential within the Adelson's political operations, is a fan of Cruz. Miriam Adelson "loves her some Ted Cruz," one person familiar with her comments last spring told BuzzFeed News at the time....
(Excerpt) Read more at buzzfeed.com ...
$2700?
Sheldon?
That only bought 1000 Shaming letters.
Cruz will have to pick Sheldon’s pocket for a loooooooot more than that.
He should be limited to one vote and $50.
I guess their money does not stink too bad, eh?
Get the law changed if you believe that. There’s a process to getting that done.
It’s all corrupt. I think Trump will do something about illegal immigration and it may buy America some time for a Christian revival. That’s our only hope.
...Thomas Jefferson and John Adams...Campaigning, however, was considered undignified. Candidates stood for office and individuals wrote tracts in newspapers to either support or denounce them.
In the early nineteenth century, the spoils system was instituted,..Government employees were then taxed an “assessment” to fund the political campaigns...
The first successful campaign finance regulation was passed in 1867. Written into that year’s naval appropriations bill, the regulation prohibited military officers and government employees from demanding money from naval yard workers...
In 1905, President Theodore Roosevelt asked Congress to ban all corporate contributions...
In 1971, however, Congress passed the Federal Election Campaign Act (FECA), which established regulations for federal primary races and general elections. These regulations included limits to individual contributions and increased public disclosure of campaign receipts...
...amended FECA in 1974, severely limiting the amount individuals could contribute to federal candidates and placing spending limits on federal elections...
In 1976, the United States Supreme Court struck down sections of the FECA in Buckley v. Valeo, finding that Congress could not limit the amount of money candidates spend on their own campaigns..,
During the 1980s and 1990s, PACs became increasingly important,.. PACs created a political environment in which corporate donors were given more power than individual voters.
McCain-Feingold bill, in 2002 ..etc...etc
http://connection.ebscohost.com/politics/campaign-finance-reform/history-campaign-finance-laws
So?
So did I.
Are you going to give his SuperPAC $50 million? LOL
I don’t understand the “boom”. Is Cruz that desperate for 2700 dollars? So weird. Anyway, I am sure that they have lost more then 2700 dollars putting money on a loser.
To the Adelsons, $2700 doesn’t pay for a good dinner. It’s chump change.
This is called covering your bets & not much coverage at that. They probably donated this much to every viable candidate in the election.
Nothing to see here.
Just a small amount compared to what’s been donated to the super PACs
Now read the article, especially this part:
BuzzFeed News reported last year that Miriam Adelson, an Israeli-American doctor who is very influential within the Adelson’s political operations, is a fan of Cruz. Miriam Adelson “loves her some Ted Cruz,” one person familiar with her comments last spring told BuzzFeed News at the time....
Adelson is fiercely PRO OPEN BORDERS!
Link?
Read it during 2012.
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