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Why GOP Mega-Donor Sheldon Adelson Is Mad, Bad and a Danger to the Republic

Sheldon Adelson

Time may be up for Newt Gingrich; but his biggest backer is not going away. Sheldon Adelson, the casino billionaire who with his wife donated $16.5 million dollars to a Newt-linked Super PAC – and later said he might be willing to up that to $100 million – has made it plain he’ll eagerly switch his allegiance to whichever Republican faces Barack Obama in the fall.

Senh: Oh yeah, Sheldon Adelson is planning to build a mini Las Vegas in Spain.

 

‘Super PACs,’ Not Campaigns, Do Bulk of Ad Spending

Super PACs have poured nearly $4 million into advertising in Ohio ahead of Super Tuesday, accounting for most of the spending in what has become an overwhelmingly negative contest.

 

GOP 'super PACs' overtaking campaigns' fundraising

An unmistakable dynamic is playing out in the money game among Republican presidential candidates: New "super" political action committees are growing more powerful than the campaigns they support....

 

The Caucus: Pro-Romney 'Super PAC' Spent $14 Million in January

A "Super PAC" supporting Mitt Romney spent much more money than it collected last month.

 

Is It Fair That One Candidate Has A Lot More Money to Spend Than The Other?

Wed, 02/01/2012 - 3:39pm — Sin-Mao Yang
Restore Our Future Super PAC

Newt Gingrich lost the Florida primary to Mitt Romney, after initially leading in the polls after his South Carolina win. Gingrich’s numbers spiraled down soon afterwards. Romney had been favored to not just win in Floriday but also by a large margin, so his victory is not surprising.

I was reading two articles about the Florida primary outcome. One from LA Times and the other from the Washington Post. The thing that stuck out at me was how much more money Romney had to spent on television attack ads than Gingrich.

 

Jon Huntsman's dad floated super PAC $1.9 million

The super PAC supporting Jon Huntsman’s aborted presidential bid raised $2.7 million – $1.9 million of which came from his father. The group, Our Destiny PAC, was seen as an example of how a single donor could use the new breed of political group to float a cash-strapped candidacy.

 

'Super PACs' top $27.5M in spending

"Super PACs" have spent about $27.5 million to influence the presidential election, a good chunk coming from an independent group supporting GOP front-runner Mitt Romney.

 

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