Yesterday, Bill Orr walked you through Sheldon Adelson’s superPAC Patriot Prosperity and why so few voters know anything about how reliant Joe Kyrillos and Shmuley Boteach are on its money.
Today, we find out via AP that Adelson is also the top money man bankrolling both Mitt Romney and also organizations shoveling money into the Romney coffers. That makes Adelson Romney’s main man. His homie. His BFF. Adelson is into Romney to the tune of $34.2 million:
Adelson is the largest declared donor to the Romney campaign and supporting political committees, providing more than $34.2 million this election season. He and his wife, Miriam, a physician who heads the Nevada-based Adelson Drug Clinic, have given $10 million to the Restore Our Future, a super PAC backing Romney. Adelson also joined relatives to give $24 million to committees backing former GOP presidential candidate Newt Gingrich. And he has made public pledges vowing to give $10 million to Karl Rove’s American Crossroads super PAC and as much as $100 million this election more broadly to the GOP. Worth an estimated $25 billion, Adelson oversees the Las Vegas Sands Corp., which runs casino and resort interests in Las Vegas, Singapore and Bethlehem, Pa., and Sands China Ltd., a cluster of casinos in the Chinese territory of Macau. He would benefit from loosened trade restrictions and a rise in the Chinese currency rate against the dollar. His company devoted $60,000 this year to lobby on tax issues, foreign tourist visas, travel and Internet gambling issues – and has spent $1.86 million lobbying on legislation dealing with China trade, gambling and travel since 2002. A staunch supporter of Israel, he also is a contributor to the Republican Jewish Coalition, which spent $920,000 since 2002 backing bills aimed at pressuring Iran and enhancing U.S. security cooperation with Israel. Adelson’s casino company has advised shareholders that it was under investigation by the Justice Department and the Securities and Exchange Commission. Investigators were said to be focusing on the Macau casinos and reports of missing money and possible violations of the Foreign Corrupt Practices Act.
With one exception, Robert T. Rowling who is 58, Romney’s money men are all white guys and business tycoons in their 70’s and 80’s, including William Koch, brother to Americans for Prosperity’s David and Charles Koch.
Adelson is worth about $25 Billion, so he’s got the cheddar to push his choice of candidates over yours unless you – we – counter with our own boots on the ground, voter contact on the phone, word-of-mouth and advocacy. But you knew that already.
One thing you might not realize, if you gamble out of state, that if you drive over to Bethlehem, PA, and lay your money down at the Sands – which is what Bethlehem has now instead of steel mills employing a generation of workers arching into the American Dream – you’re handing your money to Sheldon Adelson, and now we knew who he hands his money to.