Steven Bertoni writes in Forbes that Forbes has confirmed that billionaire Sheldon Adelson, along with his wife Miriam, has donated $10 million to the leading Super PAC supporting presumptive Republican presidential nominee Mitt Romney–and that’s just the tip of the iceberg. A well-placed source in the Adelson camp with direct knowledge of the casino billionaire’s thinking says that further donations will be “limitless.”
“Adelson, who has built Las Vegas Sands into an global casino empire, will do “whatever it takes” to defeat Obama, this source says. And given that Adelson is worth $24.9 billion–and told Forbes in a recent rare interview about his political giving that he had been willing to donate as much as $100 million to his initial presidential preference, Newt Gingrich–that “limitless” description telegraphs potential nine-digit support of Romney.
“Adelson, this source continues, believes that “no price is too high” to protect the U.S. from what he sees as Obama’s “socialization” of America…”
What we need is BIG MONEY and corporate lobbing influence out of government and government that responsibly enacts policies that promote its responsibility for the health and prosperity of the economy, not discharge its responsibility through coerced trickle-down and through redistribution achieved by the rigging of labor prices, by taxation to support redistribution and job “creation,” or subsidization by inflation and by all kinds of welfare, open and concealed. We need government that is founded on the principal that economic power has to be universally distributed amongst individual citizens and never allowed to concentrate to create billionaires such as Adelson.
