From the LVRJ: Final campaign finance tallies trickled out Thursday for a presidential race expected to be the most expensive in U.S. political history, showing a last-minute $10 million contribution to a political action committee backing Republican candidate Mitt Romney from a billionaire Las Vegas casino magnate who has been the election's biggest moneyman.
The $10 million donation by Sheldon Adelson to the Restore Our Future "super" PAC raised the casino owner's total contributions for the 2012 campaign to at least $72 million, all for Republicans.
The new campaign finance filings to the Federal Election Commission were among newly-released records covering the final two weeks of the race, when campaign organizations for Romney and President Barack Obama, along with a slew of super PACs, raised and spent millions toward an expected $2 billion campaign.
By late October, both campaigns already had neared $1 billion in expenditures, and super PACs supporting Obama and Romney had spent more than $500 million in media ads. Politically-oriented nonprofit "social welfare" organizations that do not have to declare their finances or identify their fundraisers have spent hundreds of millions more on so-called issue ads. http://www.lvrj.com/news/casino-owner-adelson-aided-romney-in-late-10-million-bet-182449261.html
Some say that it was wrong for Adelson to spend all his money ont he campaigns, but it's not. It's his money an dhe can do whatever he wants to do with it.
And it is certainly more ethical for Adelson to spend his money as opposed to unions and companies who use other people's money to pay for their political views.
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As for me, I will only frequent Adelson's properties. Good for you Sheldon. At least he tried to help us save this country.
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