Posted on 02/10/2012 3:59:14 PM PST by GraniteStateConservative
While billionaire casino mogul Sheldon Adelson may have rescued Newt Gingrichs campaign in its early days, today, he may have just buried it.
Bloomberg News reports that Adelson, who has donated $11 million to Gingrichs Super PAC, does not plan to send any more money Gingrichs way. Bloomberg is citing an anonymous source familiar with their deliberations, though an Adelson spokesman declined to comment.
The move seems to be weeks in the making. After poor showings by Gingrich in the last several races and the re-resurgence of Rick Santorum, the former House speaker has once again been pushed to the back of the Republican field. And Adelson may be shifting his focus. According to CNN, Adelson met with Mitt Romney in Nevada last week and assured Romney that he will be behind him 100 percent should he become the nominee.
What may be more alarming though is as money seems to be flooding out of the Gingrich camp, it appears to be heading into to Santorums, no doubt helped by his three-state sweep Tuesday.
(Excerpt) Read more at businessinsider.com ...
People seem to have the fundamental misperception that the Republican nomination is based on those states that are actually Republican.
States like California and New York have a TON of delegates. The South is outnumbered in terms of delegates.
From here on out, Santorum will do better in the South than Gingrich does in the Northeast, Midwest, and West. Heck, I wouldn't be surprised if Santorum does as well as Gingrich in some Southern states, based on evangelicals, social conservatives, and values voters.
Yeah, the terminology differentiates between the different processes for caucuses and primaries. You can see a list of here of which each state does:
http://www.realclearpolitics.com/epolls/2012/president/republican_delegate_count.html
Santorum | 34% |
Romney | 27% |
Gingrich | 16% |
Paul | 13% |
Other | 1% |
Undecided | 9% |
Two comments on this.
First, it's ARG and I know many deprecate its results here. However this so far diverged from my expectations that I thought it worth posting for entertainment value, if nothing else. And if it actually reflects reality Newt has taken a much bigger hit than I'd thought.
Second, my understanding is that Santorum failed to file a delegate slate in TN, but that TN rules permit delegates to be named afterwards so he still can win the state.
The circular firing squad is getting old. Both Newt and Santorum are our best options but just because you like one doesn’t mean we have to destroy the other.
Oh, and by the way, Santorum’s income is petty well known. After he left the Senate, he started working on the Board of Directors of a hospital conglomerate Universal Health Services and was also a consultant for Consol Energy.
Former Senators and Congressmen are often tapped for these type of positions because they can help companies navigate federal regulation and predict how government actions will effect their industry.
Neither Newt nor Santorum have nefarious income streams.
Always keep in mind that Newt was soaring until the hideous Romney machine attacked. Are you listening Mr. Adelson? This is the same Mitt Romney that was fine with girls under 18 years old going behind their parents backs to get abortions with the approval of the vile Mass. judges that Romney appointed.
>> Santorum is a fiscal liberal and social conservative.
He’s a big government statist. His campaign rhetoric doesn’t mean squat.
Rick Santorums Senate voting record:
http://www.freerepublic.com/focus/news/2835439/posts?page=50#50
And the product produced by these businesses is what? Accounting services? Useful software? Manufactured goods? NO? Oh yea, it's "history lessons". Right. No corruption to see here. Just an ex speaker of the House selling $1.6 million history lessons. sure. Who could doubt that?
I'll ask you again. Where is the $1.6 million? Who's bank account is it in? If it's a company, who owns that company? And does it really matter to the victims if the thief that stole $1.6 million from them gave most of it to his friends; maybe his friends at Tiffani's?
It is perfectly clear that Newt Gingrich entered into a conspiracy to defraud the taxpayers and profited to the tune of $1.6 million. Listening to his lame attempts to explain the sleazy arrangement away makes it all the more obvious. In a perfectly just world he, and his conspirators at FM, would get 5-10 at club fed and be forced to repay the stolen money.
I'm sure scared about when Jim gets home. Should I wait in my room?
Not true. He wrote a book “Drill Here, Drill Now, Pay Less” and campaigned for energy exploration. That’s about SHRINKING government regulation, not growing government. And he supported the Tea Party...
http://www.sunshinestatenews.com/print/4463516
Gingrich’s ties to the tea party movement are deep and long-lasting.
In March 2009, when tea parties were just beginning to be organized, the Georgian pledged to use his prodigious mailing list at American Solutions to publicize the inaugural Tax Day event.
He posted a link on every website he owned, sent emails to everyone in his database and produced a video while publicly announcing his support of the tea party movement — long before radio talkers like Glenn Beck jumped on the bandwagon.
Almost as deep and long-lasting as his ties to Dede Scozzafava.
That money went to operating his company. Do you know how a company is run? Ever heard of overhead? Office space, payroll, etc.? Fannie and Freddie were privately funded companies when Newt worked for them. They did not use taxpayer money. He later spoke out that they should not be bailed out by the taxpayer. Newt gave them strategic advice as a consultant. Don't you understand that white collar jobs don't all involve banging widgets together and that fact doesn't make them "thievery?"
http://www.newt.org/answers#Dede
Dede Scozzafava Endorsement
Newt has admitted it was a mistake to back Dede Scozzafava, the Republican nominee in the 2009 NY-23 special election.
Whether it was helping to build the Republican Party of Georgia back when Democrats controlled the entire state or leading the nationwide effort in 1994 to break 40 years of Democratic rule in the House, Newt has always tried to advance the cause of a truly conservative Republican party. This has always meant supporting the most conservative nominee possible as selected by Republican primary voters.
Therefore, Newt will almost always back the nominee of the Republican party and not back an independent candidate in a race against a Democratic candidate.
Newt still believes in this principle, however, he has admitted it was a mistake to back Dede Scozzafava, the Republican nominee in the 2009 NY-23 special election. Although she was the Republican nominee, the problem was that Republican primary voters did not pick her, the local party leaders did, otherwise her liberal views would have prevented her from becoming the nominee. The Conservative Party candidate whom Scozzafava was running against, Doug Hoffman, recently remarked about Newt’s endorsement of his rival, “I would advise other conservative republicans: Don’t hold this against him.”
http://www.newt.org/answers#Freddie
Relationship with Freddie Mac
Recent reporting from Bloomberg News on the Gingrich Groups consulting services for Freddie Mac confirms that Gingrich and his firm were not paid to lobby and that Gingrich never acted as an advocate to stop any legislation or regulation affecting Freddie Mac.
After leaving public office, Newt Gingrich founded a number of very successful small businesses. One of these small businesses, a consulting firm called The Gingrich Group, offered strategic advice on a wide variety of topics to a very wide range of clients. One of these clients was Freddie Mac. At no time did Gingrich lobby for Freddie Mac, or for any client, and neither did anyone in Gingrichs firm. This prohibition against lobbying was made clear to all Gingrich Group clients. Nor did Gingrich ever advocate against pending legislation affecting Freddie Mac, as some articles have incorrectly alleged. In fact, recent reporting from Bloomberg News on the Gingrich Groups consulting services for Freddie Mac confirms that Gingrich and his firm were not paid to lobby and that Gingrich never acted as an advocate to stop any legislation or regulation affecting Freddie Mac.
Furthermore, as the New York Times documents, Newt urged House Republicans to vote against the bailout of Fannie Mae and Freddie Mac. View Newt’s Freddie Mac consulting contract here.
Newt is in favor of efforts to increase home ownership in America but as a conservative believes they must be within a context of learning how to budget and save in a responsible way, the opposite of the lending practices that led to the financial crisis. You can watch a video from March 2008 of Newt warning about the danger of politicized decision making in the housing crisis here.
As part of Newts Jobs and Prosperity Plan, Newt advocates breaking up Fannie Mae and Freddie Mac and moving their smaller successors off of government guarantees and into the free market.
I've wasted enough of my precious time with slanderous you.
Newt Gingrich is a patriot of many accomplishments, unlike you.
I suggest you move away from mommy's computer, put down daddy's bottle and wait in the basement where you reside.
LOL, Now that's funny right there...
Bloomberg?
Anonymous source?
Bloomberg?
Anonymous source?
Bloomberg?
He needs to be quarantined. We are in a crisis and all this boy can do is act like an @hole.
Don’t count Newt out of Ohio either. He is campaigning very hard there. He should do very well on Super Tues. He will get most of the 76 delegates in GA. and should pretty much sweep the South. The Romney machine will now turn the slime hose loose on Santorum and we will see how well Rick fares.
Adelson in backing Willard the liberal is throwing his money away.
Get ready for FOUR MORE YEARS of socialism in the United States. Get ready for more of the homosexual agenda to try and take over the country. Get ready for Obama to turn his goosestepping TSA thugs on everyday citizens. This country as we know it will cease to exist if this Kenyan born fake and fraud, baby-killing, homosexual loving, gun grabbing bastard is reelected. But the sad thing is if his light-skin brother Willard runs against him that is exactly what will happen. God help us all.
Something’s been puzzling me... why would zero choose these last couple days to attack the Catholic Church JUST AS Santorum picks up momentum?
The attacks only galvanized the Catholic base.
Is this utter stupidity, serendipity or sneak-up Checkmate?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.