Mar 9, 2014
Winning Our Future, Gambling With Democracy
Posted on Jan 27, 2012
With financial and political interests ranging from Las Vegas to Israel to China, Sheldon Adelson, who is bankrolling the super PAC supporting Newt Gingrich, is a powerful illustration of the dangers of unlimited campaign contributions.
Casino magnate Adelson donated $5 million to the super PAC Winning Our Future, which helped Gingrich defeat Mitt Romney in the South Carolina Republican presidential primary. Then Adelson’s wife, Miriam, gave the pro-Gingrich PAC $5 million more for the Florida primary. These gifts provide sweet revenge for Gingrich, beaten in Iowa and New Hampshire with the help of ad campaigns funded by the pro-Romney super PAC, which is now operating in Florida.
Such unlimited contributions are permitted by 2010 federal court decisions. In Citizens United, the U.S. Supreme Court ruled that corporations and unions could give unlimited amounts to political action committees supposedly independent of candidates. Following up on that, a federal appeals court in the SpeechNow case extended the privilege to individuals. Because of their ability to sweep up huge amounts so quickly, these political action committees have well earned the name “super PAC.”
Worth $22 billion, according to Forbes, Adelson owns casinos in Las Vegas and the Chinese gambling haven of Macau. He also operates in Singapore. Miriam Adelson is a physician, specializing in substance abuse rehabilitation.
Many of Adelson’s activities are influenced by federal government policy.
The three main areas to watch for Adelson influence if Gingrich is elected president are Israel, China and unions.
All of the Republican presidential candidates except for Ron Paul are throwing around threats of bombing Iran if it goes nuclear, but Gingrich is particularly hawkish, as is Adelson.
Adelson is a dedicated supporter of Israeli Prime Minister Benjamin Netanyahu. The billionaire also publishes a right wing Israeli newspaper, wants the American embassy in Israel moved to Jerusalem and agrees with Gingrich that the Palestinians are an “invented people.”
Most important, Adelson seems ready for military action against Iran if that nation appears to be building nuclear weapons. I got that impression from Bruck’s report of a conversation between a Jewish-Iranian activist and Adelson about the son of the former shah. Recalling their conversation, the activist observed that Adelson was dismissive of Reza Pahlavi, the son, because, Adelson said, “he doesn’t want to attack Iran.” At another point in the conversation, Adelson said, “I really don’t care what happens to Iran. I am for Israel.”
Gingrich also sounds supportive of action against Iran if he thinks that nation ready to manufacture a nuclear weapon. When he was asked what he would do if Israel told him that it was going to attack Iran, Gingrich said, “If they told me in advance, I would say how can we help you?”
It’s also likely China would have a good friend in a Gingrich White House if Adelson has his way, perhaps bringing a sympathetic view of its police state government and brutally exploitative factories that take away American jobs.
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