Tuesday, December 4, 2012
Casino CEO Spent $150 Million on GOP Elections. (VIDEO)
"Casino magnate Sheldon Adelson vowed to spend as much as $100 million to defeat President Barack Obama and help the GOP take control of Congress. According to two GOP fundraisers with close ties to the Las Vegas billionaire, he made good on that promise -- and then some. Adelson ultimately upped the ante, spending closer to a previously unreported $150 million, the fundraisers said.
Adelson, a fierce critic of Obama's foreign and domestic policies, has said that his humongous spending was spurred chiefly by his fear that a second Obama term would bring "vilification of people that were against him." As that second term begins, Adelson's international casino empire faces a rough road, with two federal criminal investigations into his business."*
Sheldon Adelson, chairman and CEO of the Las Vegas Sands Corporation, spent $150 million to elect Mitt Romney and a Republican Congress. Why? Could it be that he fears Obama will expose him in legal proceedings for violation of the Foreign Corrupt Practices Act, an anti-bribery law? Isn't it ironic that he attempted legalized bribery by trying to buy the presidency? Cenk Uygur breaks it all down.
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