Sheldon Adelson is Trying to Buy the 2012 Electionon June 14th, 2012 at 1:31 am
Billionaire gambling tycoon Sheldon Adelson just gave Mitt Romney a cool $10,000,000 to defeat President Obama. The money will find its way into Romney’s super-secret Super PAC, Restore Our Future, run by a trio of Romney’s political associates. Additionally,
Mr. Adelson has told friends that he intends to give at least $100 million to conservative causes and candidates this election cycle. He contributed some $250,000 to Republican Gov. Scott Walker of Wisconsin, who just won against a labor union-forced recall election there… But he has also told his friends and colleagues that he would prefer to keep his contributions under wraps in order to avoid controversy, and will likely focus donations mostly on non-profits affiliated with political PACS, which don’t have to disclose the names of donors. He is expected to donate to the conservative non-profit Crossroads GPS, which was founded by Republican strategist Karl Rove, a longtime friend of Mr. Adelson, according to Republican fundraisers. Read more at the Wall Street Journal
To put that into perspective, Democrats have to get 22 million people to donate $5 each to match the Las Vegas casino magnate’s huge ante.