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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAdelson poised to contribute "a sum that could exceed $100 million" to Trump
The casino magnate Sheldon G. Adelson told Donald J. Trump in a private meeting last week that he was willing to contribute more to help elect him than he has to any previous campaign, a sum that could exceed $100 million, according to two Republicans with direct knowledge of Mr. Adelsons commitment.
As significant, Mr. Adelson, a billionaire based in Las Vegas, has decided that he will significantly scale back his giving to congressional Republicans and direct most of his contributions to groups dedicated to Mr. Trumps campaign. The two Republicans familiar with Mr. Adelsons plans spoke anonymously because they were not authorized to discuss the matter publicly.
Mr. Adelsons pledge to Mr. Trump, the presumptive Republican presidential nominee, comes at an opportune time. Mr. Trump has relied on a mix of his own wealth and small-dollar contributions to finance his primary effort and lacks the sort of major donor network needed to sustain him in the general election. Mr. Trump has said that he may need $1 billion for the campaign but has only recently begun scheduling fund-raisers and hiring finance staff members. Many of the Republican Partys wealthiest contributors, including the billionaire brothers Charles G. and David H. Koch, have indicated they are unlikely to give to his candidacy.
What remains unclear is how Mr. Adelson plans to contribute his money to Mr. Trump. He will give the maximum allowed to Mr. Trumps campaign and the Republican National Committee, but to spend the amount he contemplates would require donating through a super PAC, able to accept unlimited donations.
http://www.nytimes.com/2016/05/14/us/politics/sheldon-adelson-donald-trump.html?_r=0
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Adelson poised to contribute "a sum that could exceed $100 million" to Trump (Original Post)
Miles Archer
May 2016
OP
So I gather the ass intends to set up a Superpac that Trump, of course, has no control of.
Agnosticsherbet
May 2016
#2
Katashi_itto
(10,175 posts)1. Cool. Nice to see Citizens United works.
This election will go to the candidate that can rig the system the best.
Agnosticsherbet
(11,619 posts)2. So I gather the ass intends to set up a Superpac that Trump, of course, has no control of.
Wink, Wink, nudge, nudge.
He can not just donate that money directly to a campaign.
newblewtoo
(667 posts)4. Yup, and tRump
plays snap the whip. Down ballot races can be funded wink, wink, or you can just go it alone. All hail tRump or you are on your own for hard to find cash for that Senate or House race. That is how the game is played. He who has the gold rules, watch the Rethugs goose step in unison now that the golden spigot is being turned on. Free campaign cash is as good as coattails any day.
Trajan
(19,089 posts)3. Billionaire gives Billionaire chump change to buy a government ...
Happens all the time ...