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Who is Sheldon Adelson?

Las Vegas Sands Chairman and CEO Sheldon Adelson and his wife Miriam Ochsorn arrive for Sands China's annual general meeting in Hong Kong Tuesday, June 7, 2011. Photo: AP/Vincent Yu

Sheldon Adelson, the billionaire casino owner, is now the poster boy for what’s terribly wrong with our campaign-finance system. Adelson, you may recall, had, before the South Carolina Republican primary, donated $5 million to the pro-Gingrich Super Pac “Winning Our Future” – giving Newt a pile of money for negative advertising against Mitt Romney in South Carolina.

Adelson has done it again. He and his wife Miriam have cut another $5 million check for Gingrich to go negative on Romney in Florida. The money won’t go as far as it did in South Carolina – TV ads cost a lot more in Florida – but it’s enough to give the Grinch a solid footing.

And, who knows? The Adelsons are billionaires. They might decide to put in another $5 million or perhaps $20 million into Gingrich’s Super Pac. The point is, there’s no limit.

Do you know who Sheldon and Miriam Adelson are? Do you know what Gingrich has promised them, or what they think they’ll get out of a Gingrich presidency? I don’t. But if Newt becomes President of the United States, they’ll be singularly responsible. And we better find out, because Newt will owe them big time.

Forget the Lincoln Bedroom. The Adelsons and their kids will have the run of the White House, including the Oval Office. Hey, they’ll take over the Old Executive Building next door and turn it into a casino.

Never before in the history of American politics has a single couple given more money to a single candidate and had a bigger impact – all courtesy of the Supreme Court and its grotesque decisions that speech is money and corporations are people under the First Amendment.

Published by arrangement with RobertReich.org.

Robert Reich is Chancellor’s Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton.

 

Comments

  • http://tiny.cc/ewcollins Eliot W. Collins

    If Newt is nominated instead of Mitt, then Barack will have a better chance of getting re-elected. Why do you think Sarah was selected to run for Vice-President in 2008? It was to make sure that Barack would win. The Corporatists work in mysterious ways.

  • whodunnit

    “Forget the Lincoln Bedroom. The Adelsons and their kids will have the
    run of the White House, including the Oval Office. Hey, they’ll take
    over the Old Executive Building next door and turn it into a casino.”

    did you forget to take your meds today?, because that is one of the most ignorant statements I’ve ever seen come your mouth, and there dozens of ignorant statements by you over the years..you must be a professor in the California University system!!!

    http://www.politico.com/news/stories/0611/56993.html
     http://www.opensecrets.org/pres08/contrib.php?cid=N00009638
    http://www.washingtonpost.com/business/capitalbusiness/law-firms-dominating-campaign-contributions-to-obama/2011/11/14/gIQALCo1eN_story.html

  • thebutlerdunnit

    Before you comment on what’s coming out of other people’s mouths why don’t you edit what comes out of yours: poor writing that makes a 3rd grader wince.

  • thebutlerdunnit

    Before you comment on what’s coming out of other people’s mouths why don’t you edit what comes out of yours: poor writing that makes a 3rd grader wince.

  • Anonymous

    So funny that this story was listed on top of a story about using cuts in Medicare and Social Security to help balance the budget Wouldn’t it be wonderful if people like the Adelsons gave all their surplus money to make a difference in other peoples lives instead of their own greedy agenda

  • whodunnit

    @ thebutlerdunnit let me rearrange my dunce hat..I write like I was educated by Robert Reich, with that lame, myopic, sensationalist,  incongruent,mindset of his.. didn’t know I had to bring my Hooked on Phonics diploma to make a post about a ridiculous article..

  • whodunnit

    @ thebutlerdunnit let me rearrange my dunce hat..I write like I was educated by Robert Reich, with that lame, myopic, sensationalist,  incongruent,mindset of his.. didn’t know I had to bring my Hooked on Phonics diploma to make a post about a ridiculous article..

  • Barbeque1

    hey mickfan,he has already given over 200 MILLION DOLLARS to medical research, alone, besides his other philanthropic endeavors …he is one of the largest donors to charities, in the world… so, I would say he already does make an effort to make a difference in other peoples lives… I’d be curious to know what you do with your excesses as you epsouse others giving their excesses

  • Robin

    Never before in the history of American politics has a single couple given more money to a single candidate and had a bigger impact – What we Need to Know– is what are Adelson’s issues? 

    Mainly a hard right, Israel-first agenda. Beyond that, its union-busting, lowering taxes for the 1% and more outsourcing to china. 
    Agree or disagree, fine, but this is what we really ought to know. 

  • http://profile.yahoo.com/Q7O5E6DJMFOCAHAQCR32HUNW3I R

    You’d be laughing like these 2 if you knew that one party does all your bidding no matter how destructive to the country it is.

  • Uriqtest

    Who is Emma Lazarus and Emma Goldberg?  Reich does not know the difference between the two.