But Newt, not known for his organizational or fund-raising skills, has emerged as a threat to Mitt Romney's ascendancy to the GOP nomination thanks in large part to the Supreme Court's Citizens United decision and the Super PACs the ruling has spawned. It has allowed one couple, the Adelsons, to give $10 million to Gingrich's "independent"
Sheldon Adelson, a "casino and hotel magnate," gave the first $5 million, which was used to launch the negative ads against Mitt Romney in South Carolina that were pivotal to Gingrich's primary victory there. Now, as the New York Times reports, Sheldon's wife Miriam is giving the Super PAC another $5 million to help with the upcoming Florida primary. And thus, as the Times noted:
The wealth of a single couple has now leveled the playing field in two critical primary states for Mr. Gingrich, a candidate who ended September more than $1 million in debt, finished out of the running in Iowa and New Hampshire and, unlike Mr. Romney, has yet to attract the broad network of hard-money donors and bundlers that traditionally propel presidential campaigns.According to Wikipedia, Sheldon Adelson is the eighth richest American, with a net worth of over $ 23 billion. Our post-Citizens United campaign finance laws are allowing him to the opportunity to buy the Republican nomination for President. What will he want in return?
1 comments :
The sad truth.
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