The GOP's Sugar Daddy Spend Big to Try and Buy Friendly Justice Department

Gee! I wonder what his motivation was?

Sheldon Adelson Spent Far More On Campaign Than Previously Known
Posted: 12/03/2012

WASHINGTON -- Casino 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 Obama’s 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, he’s 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 Adelson’s 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.

All of these are non-profit groups, which -- unlike the super PACs that raked in $54 million in funds from Adelson and his wife -- are not currently required to disclose their donors. Adelson’s public spending spree, larger than any other donor's in the last election, was made possible by two high court rulings in early 2010 that allowed corporations, unions and individuals to write unlimited checks to outside groups for political ads and other activities backing candidates

The two fundraisers who provided information to The Huffington Post represented separate groups that each received seven-figure checks this year from Adelson. The fundraisers learned details of Adelson’s spending plans about a month prior to the election: one heard of them in a talk with the casino owner himself, while the other didn’t indicate if his information came from Adelson or a top aide to the billionaire. Both requested anonymity to protect their ties to Adelson and because they were not authorized to speak publicly about his giving.

Adelson’s hefty support for Rove’s GPS made sense, said a third fundraiser who knows both men, because of their long-standing links. Adelson forged good ties with Rove after he served as deputy chief of staff to President George W. Bush and this year they bonded further. Rove spent much of the last night of the Republican National Convention hanging out in a skybox suite with Adelson and other politicos and friends, and Rove also provided the casino mogul occasional advice on potential donations -- at least once undercutting another group seeking Adelson funding, said the two GOP fundraisers.

http://www.huffingtonpost.com/2012/12/03/sheldon-adelson-2012-election_n_2223589.html

 

He placed his bet against Obama and lost.

His type believes that corruption is the American way.

 

His TYPE exists on both sides:

http://www.clintonmemoriallibrary.com/clintcrimefamily.html

Which reminds me...... I was shredding some previous-year documents the other day and I wondered if this is how Hillary Clinton felt as she was shredding all those documents. No, mine weren't the target of any criminal investigation.

 

You'd think a casino mogul would have a decent idea about placing a bad bet.

 

One thing is clear, he can afford an extra $150 million tax burden.

Bad bet, indeed.

 

What you all seem to forget is much of the cash he spent trickled down into the American economy in more ways than one so good for him

 

What you forget is the propensity of rich people to hoard their money. Sure, some of it is helping people to pay their bills, but we're talking mostly Repugnants here, and not the average Joe.

 

No this is to do with one single rich guy and the report claims that he spent close on $150 million, now no matter how you look at it a portion of that cash will have gone on tax (When you buy stuff) more of it will have gone towards wages for people who produce the stuff that was bought and again a portion will have gone in tax's. So regardless of political affiliation all those who donated large amounts have helped the economy (as have the smaller doners) ok I know that not every cent will have been spent but a lot of it will have been

 

There is no doubt that all of the advertising that is purchased during any campaign helps the economy to some degree. However, the impact on the economy is greatly dwarfed by the economic ruin reaped when someone like a Right-winger is actually elected. The bigger picture picture folks, the bigger picture.

 

Yes, there is grave doubt!