Posted on 02/20/2012 9:48:15 PM PST by VinL
Sheldon Adelson plays as stubbornly in politics as he does in business. So the criticisms that he’s trying to personally buy the presidential election for Newt Gingrich are met with a roll of the eyes. “Those people are either jealous or professional critics,” Adelson tells me during his first interview since he and his wife began funneling $11 million, with another $10 million injection widely expected, into the former speaker’s super PAC, Winning Our Future. “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, 78, certainly can afford to: With a net worth of roughly $25 billion, that $11 million, which jolted Gingrich’s flatlining presidential bid back to life, equates to 0.044% of his fortune. For someone with a $1 million net worth, the equivalent would be $440, or a two-night stay at Adelson’s Venetian casino. Adelson could personally fund an entire presidential campaign—say, $1 billion or so—and not even notice. Sheldon Adelson Could Give $1 Billion To Gingrich And Not Notice.
Is that fair? “I’m against very wealthy people attempting to or influencing elections,” he shrugs. “But as long as it’s doable I’m going to do it. Because I know that guys like Soros have been doing it for years, if not decades. And they stay below the radar by creating a network of corporations to funnel their money. I have my own philosophy and I’m not ashamed of it. I gave the money because....
(Excerpt) Read more at forbes.com ...
“But as long as it’s doable I’m going to do it. Because I know that guys like Soros have been doing it for years, if not decades. And they stay below the radar by creating a network of corporations to funnel their money. I have my own philosophy and I’m not ashamed of it. I gave the money because there is no other legal way to do it. I don’t want to go through ten different corporations to hide my name. I’m proud of what I do and I’m not looking to escape recognition.”
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WOOT!!!! Love this man!
God bless Sheldon Adelson!
If there is no still-valid, stupid rule that forbids him to do this... that’s what I’d be deathly afraid of... then go go go go go go GO Mr. Adelson! That would give Newt (or Newt’s super-PAC boosters) a budget that could effectively counter the Romney sh*tstorms.
The way he could immunize himself (and more importantly, Newt) from such criticisms is to announce that he will match the highest fundraiser among the remaining candidates. So if Romney raises $5M, Adelson writes a check to Newt’s Super PAC for the same amount.
That said, Newt needs a lot more than that to properly counter all the mud Romney has already been slinging at him...
Hey, then at least he and Soros will find themselves on the same side. And after all that tooting about wanting to oppose Soros’ financial levers.
bullshite...I stayed there 3 nights last summer at the Palazzo...an adjunct to the Venetian.... 750 per night for two rooms...for both...220/night ain't happening less Shatner books it
Hey, then at least he and Soros will find themselves on the same side. And after all that tooting about wanting to oppose Soros’ financial leverage.
My friend, rather than post an article with a 3rd party’s meanderings about potential Adelson motivations, why not read the article posted and judge Mr. Adelson by his own words.
Good for him.
“I’m against very wealthy people attempting to or influencing elections,” he shrugs. “But as long as it’s doable I’m going to do it
fits in good with newt...im against it but hell ill do it anyway
So Adelson gives money to Newt to Help Mittens. Mittens scorched earth left a bad taste in everyone mouth and his funds are drying up. Mittens went crying to Adelson looking for a hand out.
How much money did Adelson give Mittens. Nothing.
If mittens loses Michigan its over if he dont tap his own personal wealth.
Ping!
If I hadd all of that money, I’d buy myself a politician too!
Good news!!!
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