Sheldon Adelson donate's $10 million to Romney's Super PAC

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Sheldon Adelson is giving $10 million to Mitt Romney super PAC

Quote Rachel Weiner and Chris Cillizza:

Casino mogul Sheldon Adelson, who helped prop up House speaker Newt Gingrich’s presidential primary campaign for months, is now using his massive wealth to help former Massachusetts governor Mitt Romney.

According to two sources familiar with the donation, Adelson is giving $10 million to the pro-Romney super PAC Restore Our Future. Under Federal Election Commission law, Restore Our Future is free to accept donations of unlimited amounts from single donors but must reveal the identity of those givers.

It’s the biggest single donation ever made to the group.

This just boggles me. I can't get my mind around this stuff.

Why?

Why would any individual donate $10 million dollars to anything? -- other than maybe setting up libraries or something, or maybe a soup kitchen or two. How does any individual have that kind of money to just toss into a bin so something called a Super PAC can spend it in various ways to try to get someone elected?

I guess since Obama's QE efforts didn't get back into the economy as "jobs" the "jobs" (the newspeak for "profits") are going to pay for his removal from office through the election process. There you go, Obama, see how much they appreciate you? Fool you once, huh?

“I’m against very wealthy ­people attempting to or influencing elections,” he said in a March Forbes interview. “But as long as it’s doable I’m going to do it.”

Now, that's integrity.

.ren's picture
.ren
Joined:
Apr. 1, 2010 7:50 am

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This could very well be the downfall of Romney's campaign. All the Dems have to do is point out that the rich are trying to "buy the election" and the public should vote against that. At least they do in California (such as with Michael Huffington, Meg Whitman and Carly Fiorina).

If I were dictator of the world one wouldn't be allowed to have an estate worth more than a few million dollars and be taxed progressively so they couldn't accumulate massive wealth. We're learning a lesson here.

captbebops's picture
captbebops
Joined:
Jul. 31, 2007 4:01 pm

I think it's pretty obvious that there must be some difference between getting Obama or Romney in office to these extremely wealthy individuals, most of whom make up a class of less than one percent who own most of everything.

My own version is that the difference is the make-up of the Parties they represent. I don't think, for instance, you'll find many union supporting radical leftists in the republican party. Nor many environmentalists who want some sort of regulations and public safety checks placed on their corporatist activities, not to mention some sort of macro plan to do something before this corporatocracy destroys the planet.

However disappointing Obama may be as our representative, his party -- and there are only really two -- is what they ultimately fear.

So, I don't know who on what's left of the left in this nation may be thinking of voting for Romney, but I agree with you. I believe people can and will recognize that anti ordinary, common person logic embedded in these actions by these extremely wealthy election buyers... if it can be successfully pointed out.

I only hope that those fed up with Obama on the left who think Ron Paul is some sort of populist savior can see that his libertarian principles inevitably take us all to this same place. They are, after all, anti regulatory-biased principles that will disempower all the meager advances of our long struggle to protect ourselves through these governing powers that we've managed to legislatively achieve -- rapidly though they seem to be disappearing of late.

.ren's picture
.ren
Joined:
Apr. 1, 2010 7:50 am

He just promised a 100 million to defeat Obama. He is the only one going public. The kochtupus is having their convention in San Diego on friday or saturday to raise money anonymously. They have also installed white noise loudspeakers to blast outside so no one can hear what is going on inside. They have promised no one will no of their plans and who is contributing, so customers of those products the donors represent won't boycot when they find out the company is fascist.

btw, don't buy brawny. When I am in the US I buy Citgo, and shop at Publix a co-op grocery store.

douglaslee's picture
douglaslee
Joined:
Jul. 31, 2007 4:01 pm

It is interesting how these big donors have been hiding behind the curtain of these superpacs. While they want to influence the elections, they do not want the limelight or let the public know and understand their intentions.

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JISurfer
Joined:
Jun. 17, 2010 10:36 am

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