Israel/Palestine
Related: About this forumAdelson Invests In Romney
<snip>
"Bibi Netanyahu's biggest American backer, casino tycoon Sheldon Adelson, just invested $10 million in Mitt Romney's presidential ambitions with a contribution to the pro-Romney super PAC Restore Our Future. That's just under half of what Adelson and his family spent to keep Newt Gingrich's campaign sputtering along, but it wasn't enough to save deeply flawed former Speaker of the House.
This was the biggest single donation from anyone to the pro-Romney PAC, which has already raised and spent more than $41 million, largely on attack ads targeting Romney's GOP primary rivals and will be turning its big guns against President Obama, reported the Washington Post.
For a man worth an estimated $25 billion, a $10 million check is chump change, so look for more to follow from Adelson and his family. Forbes magazine, which follows such things, said, Adelson could contribute $1 billion "and not notice."
Adelson is the Israeli prime minister's closest and most generous American supporter, and not just with his money. Adelson publishes Israel Hayom (Israel Today), the country's largest newspaper (it is distributed free nationwide) that so closely promotes and reflects the right wing views of its owner and his good friend that it is known as Bibi's house organ.
Big money speaks big in politics, and in this case means Romney and his backers can be expected to intensify their pro-Israel/pro-Likud rhetoric and attacks on Obama as unreliable and weak when it comes to protecting and defending the Jewish state. In light of the very tight Adelson-Netanyahu relationship this could further complicate the prime minister's uneasy relationship with the White House."
more
Angry Dragon
(36,693 posts)oberliner
(58,724 posts)Remember when campaign finance reform was actually an issue that Republicans and Democrats agreed on?
Mosby
(16,424 posts)oberliner
(58,724 posts)Republicans included - where is McCain on this issue these days?
Mosby
(16,424 posts)Last edited Thu Jun 14, 2012, 10:19 PM - Edit history (1)
or understand what it means.
McCain is still too butt hurt or partisan to help the Obama admin explain campaign reform to the public.
oberliner
(58,724 posts)Citizens United Foes John McCain, Sheldon Whitehouse Take Argument To Supreme Court
WASHINGTON -- In an all-out broadside against the current state of campaign finance, Sens. John McCain (R-Ariz.) and Sheldon Whitehouse (D-R.I.) submitted a brief on Friday morning urging the U.S. Supreme Court to let stand Montana's century-old ban on corporate money in political campaigns despite the court's Citizens United ruling two years ago declaring unconstitutional a similar federal law sponsored by McCain.
They also took aim at the influence of super PACs, pointing to the Republican-leaning Crossroads GPS, the pro-Obama Priorities USA Action and the Tea Party's FreedomWorks.
http://www.huffingtonpost.com/2012/05/18/citizens-united-john-mccain-sheldon-whitehouse-supreme-court-brief_n_1527622.html
That is something at least.
azurnoir
(45,850 posts)Sheldon Adelson Willing to Spend $100 Million to Beat Obama
http://www.democraticunderground.com/1014143726
but that's still chump change for Adelson
oberliner
(58,724 posts)azurnoir
(45,850 posts)oberliner
(58,724 posts)Refuting means proving something wrong.
azurnoir
(45,850 posts)get it fully load, so let me ask if indeed your article does confirm then why only post figures that would on their own seem to refute the article, what is the purpose of doing that?
oberliner
(58,724 posts)The Forbes article contains the same information as the other article you linked to. You might need to do a little basic math but it comes out the same.
azurnoir
(45,850 posts)reason, why? and I'll take your word for it on Forbes as I said its hard to load, I don't read JPost much for the same reason ads, ads, and more ads and a creeping one that comes across the page and yes the ratio's given are the same I knew that last night however it still remains to be answered why post different facts that add up to the same thing from a near impossible to load article what was your purpose? That is why I asked in the first place, but the rather condescending manner of your replies are an answer in itself thanks
oberliner
(58,724 posts)Point was that for Adelson this isn't a lot of money.
azurnoir
(45,850 posts)oberliner
(58,724 posts)The scary thing is that he has so much money that he could easily drop enough $100 million here or there as he sees fit.
The system is just completely broken.
LeftishBrit
(41,219 posts)Seriously, people's political campaigns (any party) should not be bought by rich backers. 10 million from any single source is just obscene.
People are buying governments. It's not as bad in the UK as in America, but it's getting worse here too.
oberliner
(58,724 posts)He dropped many millions in support of Newt.
But as has been noted - this is chump change for him.
shira
(30,109 posts)And I agree that people buying governments is obscene.
LeftishBrit
(41,219 posts)A real tragedy for the whole world IMO.
As long as politics depends on the size of donations, it is, I suppose, necessary for rich left-wingers to donate to prevent the larger number of rich right-wingers controlling the process completely.. But it would be much better to reform the system, so that NO ONE is allowed to donate more than a limited amount to any candidate, and the contest thus isn't all about who has the weathiest supporters willing to donate. That isn't what democracy is about!
Scurrilous
(38,687 posts)http://www.democraticunderground.com/1002811995
oberliner
(58,724 posts)It's high time more people took notice.
Thanks for the cross-post!
azurnoir
(45,850 posts)interesting
bemildred
(90,061 posts)Ruby the Liberal
(26,219 posts)Why wouldn't he back the candidate that wants to lower his personal taxes as a "job creator" and eliminate the taxes all together from his casinos and other assorted holdings?
His position on Israel is a mere side dish.
Scurrilous
(38,687 posts)<snip>
"In a talk to an Israeli group in July, 2010, Adelson said he wished he had served in the Israeli Army rather the U.S. militaryand that he hoped his young son will come back to Israel and be a sniper for the IDF, a reference to the Israel Defense Forces.
&feature=youtu.be
I am not Israeli. The uniform that I wore in the military, unfortunately, was not an Israeli uniform. It was an American uniform, although my wife was in the IDF and one of my daughters was in the IDF our two little boys, one of whom will be bar mitzvahed tomorrow, hopefully hell come back his hobby is shooting and hell come back and be a sniper for the IDF, Adelson said at the event.
All we care about is being good Zionists, being good citizens of Israel, because even though I am not Israeli born, Israel is in my heart, he said toward the end of his talk.
http://electronicintifada.net/blogs/ali-abunimah/billionaire-gingrich-backer-adelson-regrets-he-served-us-instead-israeli-military
azurnoir
(45,850 posts)Ruby the Liberal
(26,219 posts)Money drives everything. The more he doesn't have to pay to keep American roads/bridges/schools/etc in full repair and working order, the more he can send overseas. Like Romney does with his cash.
oberliner
(58,724 posts)It's funny how sites like Palestinian Media Watch or MEMRI provides video people yell and scream about things being taken out of context and not being a true picture.
Yet Electronic Intifada does exactly the same thing - and some people here are very keen to post such videos. Like this one. A two year old clip that EI has at the ready to "prove" their usual claims about the evil Zionists.
No doubt the fact that he is a Republican right wing lunatic who things Obama is a Socialist who is destroying the economy has nothing to do with why he is giving so much money to the Republicans (as he has always done in the past).
From Forbes:
Yet those who have categorized his patronage of Gingrich and other Republicans as a one-issue investment have it wrong. The man whose net worth, by Forbes calculations, has jumped more ($21.6 billion) during the Obama administration than any other American Mark Zuckerberg included wants to take the president out for economic reasons.What scares me is the continuation of the socialist-style economy weve been experiencing for almost four years. That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling peoples lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and Ill go fish or I wont work, etc.
U.S. domestic politics is very important to me because I see that the things that made this country great are now being relegated into duplicating that which is making other countries less great.
Im afraid of the trend where more and more people have the tendency to want to be given instead of wanting to give. People are less willing to share. There are fewer philanthropists being grown and there are greater expectations of the government. I believe that people will come to their senses and not extend the current Administrations quest to socialize this country. It wont be a socialist democracy because it wont be a democracy.
http://www.forbes.com/sites/stevenbertoni/2012/02/21/billionaire-sheldon-adelson-says-he-might-give-100m-to-newt-gingrich-or-other-republican/
Those quotes are from a few months ago - somehow they don't make their way to Electronic Intifada.
bemildred
(90,061 posts)red dog 1
(27,942 posts)Last edited Mon Jun 18, 2012, 01:47 AM - Edit history (2)
Steven Bertoni
Forbes Magazine
June 13, 2012
"Thanks to the Citizens United decision, there are no curbs on how much Adelson could give the pro-Romney Super PAC "Restoring Our Future"
Given that he's one of the 15 richest people in the world, the Sands chairman could personally bankroll the equivalent of the entire presidential campaign -- say, $1 billion or so -- and not even notice."
Click on link. "full story:www.forbes.com" at
http://www.topix.com/forum/us/T5RSD0L80AMME7GL8 (Just ignore the ads)
I was unable to find a working link directly to the Forbes article dated 6/13/2012
but you can get there via this topix link.