海角大神

Gingrich's big donor and the problem with Super PACs

Billionaire Sheldon Adelson has poured millions into Newt Gingrich's Super PAC鈥揳n example of what's wrong with our campaign finance system.

|
Shannon Stapleton/Reuters
Newt Gingrich stands with his wife Callista during a campaign stop at the Tick Tock Restaurant in St. Petersburg, Fl, January 24, 2012. According to Reich, billionaire Sheldon Adelson has poured millions into Gingrich's campaign via the presidential candidate's Super PAC.

Sheldon Adelson, the billionaire casino owner, is now the poster boy for what鈥檚 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 鈥淲inning Our Future鈥 鈥 giving Newt a pile of money for negative advertising against Mitt Romney in South Carolina.

Adelson has done it again. He and his wife Marian have cut another $5 million check for Gingrich to go negative on Romney in Florida. The money won鈥檛 go as far as it did in South Carolina 鈥 TV ads cost a lot more in Florida 鈥 but it鈥檚 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鈥檚 Super Pac. The point is, there鈥檚 no limit.

Do you know who Sheldon and Marian Adelson are? Do you know what Gingrich has promised them, or what they think they鈥檒l get out of a Grinch presidency? I don鈥檛. But if Newt becomes President of the United States, they鈥檒l 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鈥檒l 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 鈥 all courtesy of the Supreme Court and its grotesque decisions that speech is money and corporations are people under the First Amendment.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
海角大神 was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to 鈥渟peak the truth in love.鈥 Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
QR Code to Gingrich's big donor and the problem with Super PACs
Read this article in
/Business/Robert-Reich/2012/0124/Gingrich-s-big-donor-and-the-problem-with-Super-PACs
QR Code to Subscription page
Start your subscription today
/subscribe