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Billionaire Gingrich Contributor [Sheldon Adelson] To Cut Support
Business Insider ^ | February 10, 2012 | Jaywon Choe

Posted on 02/10/2012 3:59:14 PM PST by GraniteStateConservative

While billionaire casino mogul Sheldon Adelson may have rescued Newt Gingrich’s campaign in its early days, today, he may have just buried it.

Bloomberg News reports that Adelson, who has donated $11 million to Gingrich’s Super PAC, does not plan to send any more money Gingrich’s 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 Santorum’s, no doubt helped by his three-state sweep Tuesday.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; Politics/Elections; US: Georgia; US: Nevada; US: Virginia
KEYWORDS: adelson; anonymoussource; dirtytricks; donors; fauxnews; gonude; kenyanbornmuzzie; lies; mittromney; newt2012; newtgingrich; notnews; propaganda; recyclednews; ricksantorum; romney; romneydirtytricks; romneylies; romneypropaganda; romneysources; santorum; sheldonadelson; the1percent; theonepercent; votesuppression
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1 posted on 02/10/2012 3:59:17 PM PST by GraniteStateConservative
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To: GraniteStateConservative
From the sourced story:
Newt Gingrich was just days away from the Jan. 31 Florida Republican presidential primary when he told reporters that his campaign was down to its last $600,000.

Five losing contests later, Gingrich and Winning Our Future, an outside political action committee supporting him, are almost silent on television airwaves, offering free water and coffee at events, and revamping a fundraising strategy based largely on the support of a single wealthy backer, Sheldon Adelson, and the Las Vegas casino owner’s family.
--Gingrich Group Looks for New Money as Big Donor Checks Stop

2 posted on 02/10/2012 4:02:17 PM PST by GraniteStateConservative (...He had committed no crime against America so I did not bring him here...-- Worst.President.Ever.)
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To: GraniteStateConservative

Fair weather friend?

Did he support Newt before or after South Carolina?

Looks as if he just wants to back a winner - with strings attached.

Perhaps Newt explained that he wasn’t for sale.


3 posted on 02/10/2012 4:03:22 PM PST by sodpoodle ( Newt - God has tested him for a reason...... to bring America back from the brink.)
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To: sodpoodle

It’s likely, unfortunately, that polls indicate that Newt cannot make sufficient headway.


4 posted on 02/10/2012 4:05:18 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: GraniteStateConservative

Why does it say that it is more alarming that the money is going to the Santorum campaign? More alarming than what, I wonder? I was relieved that it wasn’t going to Romney, so I felt that this was less alarming.


5 posted on 02/10/2012 4:06:33 PM PST by Anima Mundi
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To: sodpoodle

what i find troubling is that the federal government is so powerful that candidates can attract that kind of money. Constitutional government would not be powerful enough to warrent that much financial risk.


6 posted on 02/10/2012 4:08:15 PM PST by DariusBane (People are like sheep and have two speeds: grazing and stampede)
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To: GraniteStateConservative

Are conservatives going to allow the only candidate capable of beating obama and turning this country around for lack of money? If Newt has to step down, the country is done for. Mr. Rogers can’t beat romney and he certainly can’t beat obama. Then if by some miracle, he should become president, he has no clue about how to turn things around. A Senator? What does he know about anything? Senators are notoriously stupid. I can’t believe that the Tea Party has allowed this to happen. They must be extremely ill informed. For God’s sake send the man some money. (yes, I did)


7 posted on 02/10/2012 4:08:32 PM PST by WVNan ("Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy." - Winston)
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To: GraniteStateConservative

no use throwing good money after bad


8 posted on 02/10/2012 4:10:33 PM PST by skaterboy (Hate=Love....Love=Hate)
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To: sodpoodle

I think Adelson’s pretty upfront about his expectations: no legalization of internet gambling. Trump, too. Both will support whoever can deliver that.

SOMEONE has to represent the gambling, prostitution and drug industry.


9 posted on 02/10/2012 4:11:41 PM PST by txhurl (Mormonism = Sharia by White people)
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To: Jonty30

Why do Voters support candidates?
Answer: because of their philosphy, policies and America.

Why do the uber-rich support candidates?
Answer: Special interest in legislation and access.


10 posted on 02/10/2012 4:12:07 PM PST by sodpoodle ( Newt - God has tested him for a reason...... to bring America back from the brink.)
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To: DariusBane

What I find troubling is that this guy already gave Newt 11 million dollars—and that he may have been prepared to give him more if things had gone differently.

That’s just wrong..........


11 posted on 02/10/2012 4:12:12 PM PST by basil (It's time to rid the country of "gun free zones" aka "Killing Fields")
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To: sodpoodle

newt not for sell...you made a funny


12 posted on 02/10/2012 4:12:12 PM PST by skaterboy (Hate=Love....Love=Hate)
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To: WVNan

You are so right. Newt is the brightest candidate and the most conservative man running. I sent him money too.
He will take Georgia, NC, Texas with the help of Perry and pick up in the polls on super tues.
Once Mr Rogers is vetted (he has had a free pass from the media and super pacs) he will go down so fast it will make his head spin.


13 posted on 02/10/2012 4:13:09 PM PST by katiedidit1 ("This is one race of people for whom psychoanalysis is of no use whatsoever." the Irish)
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To: GraniteStateConservative

No comment.


14 posted on 02/10/2012 4:14:15 PM PST by napscoordinator (A moral principled Christian with character is the frontrunner! Congrats Santorum!)
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To: txhurl
so he gave money to newt did that mean newt was gonna deliver if he had won?...but since he is losing..shell pulls out?
15 posted on 02/10/2012 4:15:42 PM PST by skaterboy (Hate=Love....Love=Hate)
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To: katiedidit1

This “Mr. Rogers” line is already getting old. Try saying the man’s name, Santorum, much less demeaning to him and those referring to him.


16 posted on 02/10/2012 4:16:27 PM PST by Kenny (I)
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To: WVNan

I do believe the American voters are now deciding this, you just happen to not agree with them. Me, I think, we have a better chance of getting obummer out of office now than 10 days ago..


17 posted on 02/10/2012 4:16:50 PM PST by org.whodat (Sorry bill, I should never have made all those jokes about you and Lewinsky, have fun.)
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To: skaterboy

Looks like the Grinch’s 15 minutes of fame is coming to an end.


18 posted on 02/10/2012 4:22:39 PM PST by tennmountainman
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To: katiedidit1
Let's hope he can recover and keep going. But is seems like this was never meant to happen. We all know that Newt is capable of fixing this mess, while the others are all big talkers and wannabees, who will merely resort back the norm and status-quo after the heat of the election blows over.

Perhaps this is God's will that this once great nation fails. Since it is no longer even a shred of it's former greatness and self.

America is almost too far gone to save, it seems. Moral decay and decadence is rapidly becoming the norm. Nothing seems to shock the few these days. I hope we can turn it around, but if it is Gods will to tear it down so it can be rebuilt from the ashes again, then so be it. It may also be tied into a much greater and prophetic plan for the entire World. Trial and Tribulation may be close at hand after all.

19 posted on 02/10/2012 4:22:41 PM PST by PSYCHO-FREEP (If you come to a fork in the road, take it........)
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To: WVNan

I find this to be good news. Newt or Santorum needs to step aside they are splitting the vote which means we get Romney. Personally I would very happy to see Santorum win. Newt isn’t much of a conservative.


20 posted on 02/10/2012 4:23:25 PM PST by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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