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cal04

(41,505 posts)
Mon Dec 3, 2012, 01:34 AM Dec 2012

Sheldon Adelson Spent Far More On Campaign Than Previously Known

$150 MILLION BUST

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.

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

41 replies = new reply since forum marked as read
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Sheldon Adelson Spent Far More On Campaign Than Previously Known (Original Post) cal04 Dec 2012 OP
He should call John McAfee and finance their pirate run. Arrrrrrrrrr! Kennah Dec 2012 #1
I can't decide whose disappointment pleases me more renate Dec 2012 #2
I think we need a perp walk OutNow Dec 2012 #3
it should come as no surprise Mothdust Dec 2012 #4
Adelson, like most that FACILITATE gambling for their profit... Raster Dec 2012 #20
I stand corrected Mothdust Dec 2012 #40
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
We can only hope Iwillnevergiveup Dec 2012 #5
OK, so you're a gambler. You thrown down $150M DollarBillHines Dec 2012 #6
All that money thrown down the crapper and he doesn't even get a presidential Raine Dec 2012 #7
He may get mug shots down the road, however. GoCubsGo Dec 2012 #27
$150 Million on the Cha Dec 2012 #8
"Sad and Pathetic" dchill Dec 2012 #15
Grinning like a possum while four brave Americans lie dead. dawg Dec 2012 #23
Well, at least it wasn't wasted. 6000eliot Dec 2012 #9
Whoever this crook is meeting with to change the Corrupt Practices Act is a criminal. freshwest Dec 2012 #10
+1000 DeSwiss Dec 2012 #32
Justice for Sale? - Republicans Are Willing To Meet With Him... TomCADem Dec 2012 #11
Justice for Sale? Well, yes. dchill Dec 2012 #16
So it was his money that Linda Lingle spent mahina Dec 2012 #12
Yes. There's that. dchill Dec 2012 #17
It hurt Linda that her support came from the mainland. mahina Dec 2012 #18
Maika'i no! KamaAina Dec 2012 #30
Tootsie-free zone! mahina Dec 2012 #35
Just think, he could have paid his taxes with that money, nt kelliekat44 Dec 2012 #13
He was trying to buy his way out of federal charges? AgingAmerican Dec 2012 #14
Its going to be interesting to see who in congress sucks up to him.. Historic NY Dec 2012 #19
And with a 36B fortune, $150M is totally insignificant to him NICO9000 Dec 2012 #21
Just think about what you could have had, Shelly ... dawg Dec 2012 #22
How much of that was illegal money funneled through his casinoes? McCamy Taylor Dec 2012 #24
A fool and his money....... Sheepshank Dec 2012 #25
yup Champion Jack Dec 2012 #28
And What An Amazing Rate Of Return 1ProudAtheist Dec 2012 #26
Boom in teabagger spending in swing states helped local economy, made people vote for Obama JPZenger Dec 2012 #29
He better be John2 Dec 2012 #31
and he got all of jack shit for it name not needed Dec 2012 #33
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
Poor Sheldon BainsBane Dec 2012 #37
Another GOP Richie Rich Trying To Buy HIS Way Out of Trouble GatorLarry Dec 2012 #39

renate

(13,776 posts)
2. I can't decide whose disappointment pleases me more
Mon Dec 3, 2012, 01:42 AM
Dec 2012

Romney's, Ann's, or this guy's. It's not just that they're members of the opposing party, it's that they thought they were special and entitled... as though even in a democracy their money made them more equal than others.

It's probably healthy for them to finally find out that money can't buy everything.

OutNow

(868 posts)
3. I think we need a perp walk
Mon Dec 3, 2012, 02:14 AM
Dec 2012

Bye Bye Sheldon. You might be able to buy a lot of things with all your money, but you couldn't buy the election. Perp walk.

Raster

(20,998 posts)
20. Adelson, like most that FACILITATE gambling for their profit...
Mon Dec 3, 2012, 08:34 AM
Dec 2012

...are not gamblers, per se. They know the game is ALWAYS rigged in favor of the house, and as a rule, do not play.

Adelson, who spent multi-millions, did so in attempt to stave off those nasty Justice Department investigations into his business affairs, specifically questions about his "relationships" with China, re: his Macau casinos. His sponsorship of The Good Ship Rmoney constituted more of an investment, albeit a bad one.

Mothdust

(133 posts)
40. I stand corrected
Fri Dec 7, 2012, 03:04 AM
Dec 2012

Like he's really more comparable to a drug pusher who never touches the stuff. Yeah ? : )

Raster

(20,998 posts)
41. absolutely. He doesn't give a shit if gambling ruins a life, as long as the life is ruined...
Fri Dec 7, 2012, 12:04 PM
Dec 2012

...in his casino.

SparkyOR

(81 posts)
38. Why we need higher taxes on the wealthy, they have too much $$$ to spend working against the commons
Tue Dec 4, 2012, 10:27 AM
Dec 2012

so call me a socialist, but I AM in favor of redistribution of wealth, downward for a change.

Iwillnevergiveup

(9,298 posts)
5. We can only hope
Mon Dec 3, 2012, 02:48 AM
Dec 2012

(1) that all of Sheldon's checks cleared by now...NOT!

(2) that the money man finds himself in much more cramped prison quarters

(3) that Citizens United is overturned

DollarBillHines

(1,922 posts)
6. OK, so you're a gambler. You thrown down $150M
Mon Dec 3, 2012, 03:11 AM
Dec 2012

What do you want?

What do you expect to cash?

Really...

I really, really want to know...
DBH

GoCubsGo

(32,094 posts)
27. He may get mug shots down the road, however.
Mon Dec 3, 2012, 03:26 PM
Dec 2012

They main reason he was trying to buy Willard the presidency was to get a new Justice Dept., which would drop the charges that are coming against him for casino-related fraud in Macau.

dchill

(38,539 posts)
15. "Sad and Pathetic"
Mon Dec 3, 2012, 04:20 AM
Dec 2012

Kinda says it all for me... And yet, it leaves out the amoral and avaricious aspects...

freshwest

(53,661 posts)
10. Whoever this crook is meeting with to change the Corrupt Practices Act is a criminal.
Mon Dec 3, 2012, 04:00 AM
Dec 2012

Last edited Mon Dec 3, 2012, 11:42 PM - Edit history (1)

The government needs to grab this guy quick before he makes it easier for more crooks to get away with twisting our laws to allow more criminality.

Going to the link this guy and his associates are par of the most dangerous underground of criminal activity in the USA and internationally. These are big time crooks, bigger than Al Capone.

Adelson is on the same level as Bain and Romney as reported in our threads by our DU member Laser Hass seeking to bring Mitt to justice for destroying jobs and businesses. But with the election over and Romney out, it is hard to generate the interest to stop these crooks.

But it may be key to a lot of the grief working people have suffered and will continue to suffer from these vultures.

TomCADem

(17,390 posts)
11. Justice for Sale? - Republicans Are Willing To Meet With Him...
Mon Dec 3, 2012, 04:08 AM
Dec 2012

...and discuss changes in the Foreign Corrupt Practices Act? Almost sounds like an admission of guilt.

mahina

(17,699 posts)
12. So it was his money that Linda Lingle spent
Mon Dec 3, 2012, 04:10 AM
Dec 2012

to get her ass kicked by Mazie Hirono!

She didn't just lose...she got smoked so bad she can't come back!

Thanks Shel...

dchill

(38,539 posts)
17. Yes. There's that.
Mon Dec 3, 2012, 04:24 AM
Dec 2012

Last edited Mon Dec 3, 2012, 01:31 PM - Edit history (1)

For which I'm thankful. Perhaps big money carries an ineradicable smirch. I dearly hope so.

mahina

(17,699 posts)
18. It hurt Linda that her support came from the mainland.
Mon Dec 3, 2012, 04:31 AM
Dec 2012

But it also hurt her that she was so bad to the kids here.

They don't even close the schools in the Philipines when money is tight.

 

KamaAina

(78,249 posts)
30. Maika'i no!
Mon Dec 3, 2012, 04:25 PM
Dec 2012

(very fine, indeed)

That will make my upcoming trip to the islands that much sweeter.

mahina

(17,699 posts)
35. Tootsie-free zone!
Tue Dec 4, 2012, 01:28 AM
Dec 2012

She can enjoy life with her girlfriend in peace and quiet now~ wonder if she'll come out?

Have a great trip home Kama'aina!

Historic NY

(37,453 posts)
19. Its going to be interesting to see who in congress sucks up to him..
Mon Dec 3, 2012, 04:44 AM
Dec 2012

during his pending visit. I'd watch closely as he tries to influence the conduct of the formal criminal investigation.

NICO9000

(970 posts)
21. And with a 36B fortune, $150M is totally insignificant to him
Mon Dec 3, 2012, 02:52 PM
Dec 2012

Could you imagine the good he could do for the country if he decided to use, say $35B to actually help the country that made him so obscenely wealthy?

MOVE TO AMEND CU NOW!!!!

McCamy Taylor

(19,240 posts)
24. How much of that was illegal money funneled through his casinoes?
Mon Dec 3, 2012, 03:00 PM
Dec 2012

There needs to be a law forbidding casinos from exploiting Citizens United since it is too easy for a drug lord or Chinese businessman to drop millions at a casino with the understanding that a portion of it will flow to a candidate.

 

Sheepshank

(12,504 posts)
25. A fool and his money.......
Mon Dec 3, 2012, 03:09 PM
Dec 2012

Stupid is, as stupid does.

How completely embarassing, being the real life, current day example of those old adages,

 

John2

(2,730 posts)
31. He better be
Mon Dec 3, 2012, 08:05 PM
Dec 2012

glad I'm not the Attorney General. I'll have him under the jail and confiscate all his wealth to pay down the Debt. Let him start all over if he lives that long.

CarmanK

(662 posts)
34. ADELSON is under investigation 4 violations of AFCPA. How mu wld U pay to stay out of jail?
Mon Dec 3, 2012, 08:44 PM
Dec 2012

This was just an investment by him to stay out of jail, should DOJ succeed in its prosecution of ADELSON for violations in CHINA of AFCPA. I sure hope they get him.

 

lonestarnot

(77,097 posts)
36. Local news tonight said that Brainless Brewer is thought to be over in Vegas meeting (lining her
Tue Dec 4, 2012, 01:31 AM
Dec 2012

pockets) with him. It's a sneak trip using tax payer dollars to transport her fat ass over there and put her up for a week in some hotsy totsy joint. Hope someone gets some pics.

BainsBane

(53,072 posts)
37. Poor Sheldon
Tue Dec 4, 2012, 08:04 AM
Dec 2012

He's so persecuted. DOJ just doesn't understand that prostitution and laundering drug money isn't illegal if you're really, really rich and politically connected.

$150 million

GatorLarry

(55 posts)
39. Another GOP Richie Rich Trying To Buy HIS Way Out of Trouble
Tue Dec 4, 2012, 12:51 PM
Dec 2012

All he was doing was trying to buy his way out of the DOJ investigation.

You lost your bet Mr. Adelson! Surely as a casino owner you can understand that. Now you should be prosecuted as fully as you would have been let-off had Romney won.

As should WalMart for their foreign corrupt practices (massive bribery) in Mexico . .

Why is it these are almost always Republicans? Hmmmmm.

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