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Tuesday, January 24, 2012

"The Israeli-born wife of casino mogul Sheldon Adelson is matching her husband and placing her own $5 million bet on a super PAC supporting Newt Gingrich in the upcoming Florida primary," reports the nonprofit Center for Public Integrity here.

"The gift came from Miriam Adelson, according to sources familiar with husband Sheldon’s previous $5 million donation to the super PAC 'Winning Our Future.'...

"The second $5 million infusion the pro-Gingrich PAC [has collected] from the physician-wife of the 78-year-old Adelson could be crucial to Gingrich’s chances of winning the Jan. 31 primary... In South Carolina, Sheldon Adelson’s $5 million donation to the PAC basically bankrolled its hard-hitting [anti-Mitt Romney] ad blitz, which totaled almost $3 million, according to Federal Election Commission records...

"Adelson and Gingrich have been close personal and political friends since the mid 1990s and have forged strong bonds, especially on pro-Israel issues. Adelson, and more recently Gingrich, have championed the hard-line stances of Israeli Prime Minister Benjamin Netanyahu and rejected a two-state solution with the Palestinians to solve the Israeli-Palestinian conflict.

"When Gingrich said in an interview last month that the Palestinians were an “invented people,” he drew harsh criticism from many historians, but Adelson who owns the largest daily in Israel, a free paper called Israel Hayom, came to the former House Speaker’s defense.  Adelson was the largest backer of a political committee — American Solutions for Winning the Future — run by Gingrich for five years prior to his presidential campaign. Adelson donated $7.7 million to the organization.

"The wealthy casino owner — whose net worth is estimated at $21.5 billion — is also known for his fiercely anti-union stances, views that Gingrich has often shared."

Posted by Joseph N. DiStefano @ 10:18 AM  Permalink | 1 comment
Comments   
  • 0 like this / 0 don't   •   Posted 8:28 PM, 01/24/2012
    So, in addition to being an unregistered lobbyist for Freddie and Fannie, the Newtster is also an unregistered agent of a foreign business, just happens to be their mouth piece for their political interests.
    Fernando08


1 comments
About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com