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Showing Original Post only (View all)Sheldon Adelson Spent Far More On Campaign Than Previously Known [View all]
$150 MILLION BUSTCasino magnate Sheldon Adelson vowed to spend as much as $100 million to defeat President Barack Obama and help the GOP take control of Congress. According to two GOP fundraisers with close ties to the Las Vegas billionaire, he made good on that promise -- and then some. Adelson ultimately upped the ante, spending closer to a previously unreported $150 million, the fundraisers said.
Adelson, a fierce critic of Obamas foreign and domestic policies, has said that his humongous spending was spurred chiefly by his fear that a second Obama term would bring "vilification of people that were against him." As that second term begins, Adelson's international casino empire faces a rough road, with two federal criminal investigations into his business.
This coming week, Adelson plans to visit Washington, according to three separate GOP sources familiar with his travel schedule. While here, hes arranged Hill meetings with at least one House GOP leader in which he is expected to discuss key issues, including possible changes to the Foreign Corrupt Practices Act, the anti-bribery law that undergirds one federal probe into his casino network, according to a Republican attorney with knowledge of his plans.
During the election, Adelson told Politico that the Justice Department investigation, and the way he felt treated by prosecutors, was a primary motivation for his investment in Republican presidential nominee Mitt Romney and other GOP candidates. He put his money where his mouth was. The two GOP fundraisers, both with strong ties to Adelson, said that the casino mogul dished out close to $150 million, including between $30 million and $40 million to the Karl Rove-founded Crossroads GPS and at least $15 million to grassroots efforts with financial links to Charles and David Koch. Among other major beneficiaries of Adelsons largess were the U.S. Chamber of Commerce, which received almost $5 million from Adelson, and the Republican Jewish Coalition, which got the bulk of its $6.5 million budget from him, the fundraisers said.
http://www.huffingtonpost.com/2012/12/03/sheldon-adelson-2012-election_n_2223589.html
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absolutely. He doesn't give a shit if gambling ruins a life, as long as the life is ruined...
Raster
Dec 2012
#41
Why we need higher taxes on the wealthy, they have too much $$$ to spend working against the commons
SparkyOR
Dec 2012
#38
Whoever this crook is meeting with to change the Corrupt Practices Act is a criminal.
freshwest
Dec 2012
#10
Boom in teabagger spending in swing states helped local economy, made people vote for Obama
JPZenger
Dec 2012
#29
ADELSON is under investigation 4 violations of AFCPA. How mu wld U pay to stay out of jail?
CarmanK
Dec 2012
#34
Local news tonight said that Brainless Brewer is thought to be over in Vegas meeting (lining her
lonestarnot
Dec 2012
#36