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Tag Archive: Sheldon Adelson

Tallying the Adelsons’ $92 million

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SheldonThe Adelson’s have given a mind-blowing $92.28 million dollars to outside spending groups this election. The Casino mogul and his physician wife were the impetus behind Newt Gingrich’s primary campaign. After Gingrich left the race, donations to “Winning our Future” became donations to “Restore our Future” the pro-Romney group that the Adelson’s would give the most to, $30 in all.

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Latino vote: Still a bargain in election 2012?

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For months, pundits on both the right and left have said Latino voters would determine the presidential election. It looks like they were right. Not only did President Barack Obama manage to win 71 percent of the Latino vote (second only to former President Bill Clinton’s historic 73 percent of the Latino vote in 1994), but in key battleground states like Florida, Nevada and Colorado where Latino voters make up between 15 and 18 percent of eligible voters, Obama secured super majorities of the Latino vote. In Florida, there’s a lively debate over whether the president managed to secure a majority of the traditionally Republican Cuban vote -- a historic victory if so. Most importantly for Obama, the Latino base grew this year: All the indicators pointed to record high voter turnout from Latino voters this year. Overall, 28 Latinos won House seats this election, creating the largest class of Latino U.S. lawmakers in history. In the Senate, Latinos gained a seat with the victory Republican Ted Cruz, the first Hispanic senator to be elected from Texas. But for such an indisputably important demographic group and an election that saw more than $1 billion in outside spending, it appears that relatively little money was spent to influence the Latino vote using TV ads -- the most common way many campaigns get their message out and attempt to sway voters. In a political ad analysis of ads purchased on Spanish-language TV stations located in key swing states, Free Press found that from April to September the Obama campaign and supporting organizations had spent only $7 million — or 9 percent — of their ad dollars on Spanish language ads, while the Romney campaign and its supporters had spent a paltry $3.2 million, or 4 percent of their total ad dollars. These figures are especially disproportionate when placed into the larger context of this election cycle as media analysts project that over $300 billion was spent on political ads.

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Mystery PAC drops $1.7 million before revealing Adelson connection

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Sheldon AdelsonA super PAC that deliberately disguised its connection to Republican mega-donor Sheldon Adelson emerged from the shadows to drop nearly $1.7 million in a single day this week to oppose President Barack Obama's reelection, one of a series of money bombs in a week where outside spending threatens to top $200 million.

On the same day it filed paperwork with the Federal Election Commission declaring the expenditure, Republicans for Prosperous America also announced it was changing its name to the Republican Jewish Coalition Victory Fund, thereby revealing its ties to the Republican Jewish Coalition, a politically active nonprofit ...

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