Election-Vegas Casino Magnate sets record 70mil donation

[mojo]

To bad he backed the wrong horse.

Billionaire Sheldon Adelson Sets $70M Record In Political Donations

Sheldon Adelson makes history in donating 70mil so that Romney can win.

Gives a warm fuzzy feeling that money can't buy everything.

[Maria F]

Wow that is a lot of dough; that money would have been better spend to help people that really needs it. Shame!

[celena]

I agree with Maria, this is completely crazy!

[mojo]

Me too! This is some sort of obsession. This is a chairman of the Sands? No wonder Vegas is in trouble.

The article points out that Obama picked this up and made it clear that he did not use billionaire casino owners to fund his campaign.

[TheGooner]

Gives a warm fuzzy feeling that money can't buy everything.

Are you sure that you're aware of who has the money in local politics?

At the end of August, President Barack Obama had about $88.8 million to spend on the final months of the campaign, nearly twice as much as Republican rival Mitt Romney, according to campaign fundraising reports released Thursday.

Source : http://finance.yahoo.com/news/obama-...-election.html

And ..

All told, from the moment Mr. Romney emerged as the likely Republican nominee in April through most of September, Mr. Obama ran nearly triple the number of commercials he did, according to Kantar, about 347,000, nearly 270,000 negative. Mr. Romney ran about 121,000, more than 99,000 of them negative.

Source : http://www.nytimes.com/2012/10/03/us...on-tv-ads.html

The richest campaign won ... again ... money talks in Presidential elections.

[mojo]

Are you sure that you're aware of who has the money in local politics?

At the end of August, President Barack Obama had about $88.8 million to spend on the final months of the campaign, nearly twice as much as Republican rival Mitt Romney, according to campaign fundraising reports released Thursday.

Source : http://finance.yahoo.com/news/obama-...-election.html

And ..

All told, from the moment Mr. Romney emerged as the likely Republican nominee in April through most of September, Mr. Obama ran nearly triple the number of commercials he did, according to Kantar, about 347,000, nearly 270,000 negative. Mr. Romney ran about 121,000, more than 99,000 of them negative.


Source : http://www.nytimes.com/2012/10/03/us...on-tv-ads.html

The richest campaign won ... again ... money talks in Presidential elections.

You are joshing me gooner lol. Ole Mitt is not just rich. He's filthy rich.

mitt releases his tax returns

He's a 1%'r. Give me a break!

USA are getting really tired of this talk. We are trying to fight the 1%, try to look at a different angle. We are at a rock and a hard place.

No one, not even you Gooner, has it figured out.

Oh wait. Gooner is a 1%'r. :

[TheGooner]

Mojo.

The 1% jibe? Be sure - nearly all the presidents were probably in the 1% - certainly in the last 50 years.
It takes money to fund a campaign.

Barrack Obama is estimated at $5million - I'm sure that's in the 1% too.
You just voted for a 1%er ??? WTF??


International viewers of American politics were amazed that this election was a race at all - with between 80-90% of global readers believing that Mr Obama was a clear preference to Mr Romney and the Republican policies. My opinions were no different Obama was the only sane choice.

But the fact the Mitt Romney is rich, and his family have been rich for generations had absolutely ZERO impact. I'm not jealous or envious of his wealth or his life - I just did not like the politics he espoused - the Republican policies need to be modified out of the 1950s.

George Washington, Herbert Hoover, and John F Kennedy all had personal/family wealth that exceeded Mitt Romney. As I recall they all proved to be admirable presidents. Getting used to dealing with money isn't bad preperation when aiming to run a country.

Source : http://www.forbes.com/sites/williamp...-s-presidents/
Source : http://www.theatlantic.com/business/.../57020/#slide1

[mojo]

Not sure Obamba compares to Mitts 13 mil he made last year.

Good points Gooner but I learned a long time ago that it's never good to dicuss to much politics on forums. It never ends well lol. I'll just leave it at that.

I started the thread about a Vegas casino magnate making the larges gamble ever in politics. Thought it was kinda ironic.

[DaftDog]

You would have thought that Sheldon Adelson, being in the gambling industry, would have made a wiser bet.

[boczom1]

Are you sure that you're aware of who has the money in local politics?

At the end of August, President Barack Obama had about $88.8 million to spend on the final months of the campaign, nearly twice as much as Republican rival Mitt Romney, according to campaign fundraising reports released Thursday.

Source : http://finance.yahoo.com/news/obama-...-election.html

And ..

All told, from the moment Mr. Romney emerged as the likely Republican nominee in April through most of September, Mr. Obama ran nearly triple the number of commercials he did, according to Kantar, about 347,000, nearly 270,000 negative. Mr. Romney ran about 121,000, more than 99,000 of them negative.

Source : http://www.nytimes.com/2012/10/03/us...on-tv-ads.html

The richest campaign won ... again ... money talks in Presidential elections.

there are many ways politicians spread the money around so that it doesn't appear as 'campaign fundraising' . Mitt surely did this and was at-least that smart to not appear as so much of a 1%. (even though he is)

[Imperator]

I am not sure if you guys know, but Sheldon Adelson funded Mitt Romney's campaign because Romney is against the upcoming federal poker bill, as is Adelson. That is the sole reason Adelson is spending that much on elections. With Obama behind the wheel online poker is close to getting legalized, with Romney, it is simply not happening.

A good read on this topic from a few months ago:
http://www.lasvegassun.com/news/2012...push-legalize/

[Anthony]

Money can't buy everything (just most things)...

It is ridiculous the amounts that are spent on these elections, reminds me of this quote from the movie Brewster's Millions

"Why else would anybody spend $10 million to get a $60,000-a-year job...
..unless he planned to steal it back with interest?"

[Maria F]

"Why else would anybody spend $10 million to get a $60,000-a-year job...

But the $10 million didn't come out of his pocket, so it wasn't difficult for him to spend it.