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In the Media

article imageTop GOP donor vows to double contributions for 2016 election

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By Katerina Nikolas
Dec 10, 2012 in Politics
By Katerina Nikolas.
Las Vegas - Top GOP donor, billionaire casino magnate Sheldon Adelson has vowed to double his contributions in support of Republican candidates 2016 presidential bids. Adelson spent $150 million supporting first Gingrich, then Romney, in the 2012 elections.
Not surprisingly big political donors may well expect something in return for their monetary support. The Philly reports Sheldon Adelson "is seeking meetings with lawmakers on Capitol Hill to discuss changes to a law that federal authorities are using to investigate the dealings of his casinos in Asia."
Although nothing may come of Adelson's attempts to change the law, he is likely to have at least a receptive audience as Politco reported 2016 potential presidential contenders are already schmoozing possible big-bucks donors.
Donors don't come much bigger than Sheldon Adelson, who spent $150 million propping up this year's GOP hopefuls. According to the Huffington Post Adelson plans to double his contributions for the 2016 elections. Citing an interview Adelson gave to the Wall Street Journal HP reported Adelson said: "I happen to be in a unique business where winning and losing is the basis of the entire business. So I don't cry when I lose. There's always a new hand coming up."Jennifer Duffy, an analyst with The Cook Political Report, is quoted by the Las Vegas Review as saying: "Adelson has become one of the power brokers for 2016...Anyone with a checkbook of his size would become a power broker. It provides a degree of influence for Adelson and his agenda."
The New Yorker's Borowitz Report provides a delightful twist on billionaires bankrolling politicians. Spoofing Adelson the satirical report "quotes" him bemoaning the sad plight of "billionaires’ essential role in giving jobs to politicians who would otherwise have difficulty finding 'honest work of any kind.'" Borowitz continues in Adelson vein, saying :“The simple dream of someday owning a President is slipping out of reach. People think a billion dollars buys you a President, but they’re wrong. It barely gets you a lemon like Mitt Romney.”
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