Breaking: Adelson to give Gingrich-backing super-PAC another $10 million

posted at 1:20 pm on February 17, 2012 by Ed Morrissey

So much for conservative consolidation:

Former House Speaker Newt Gingrich’s faltering campaign is about to get another shot in the arm, CBS News has learned.

Billionaire casino magnate Sheldon Adelson plans to give another $10 million to the outside group backing the former Georgia lawmaker who is running behind former Massachusetts Gov. Mitt Romney and former Pennsylvania Sen. Rick Santorum in the race for the Republican presidential nomination, a source close to Adelson told CBS News.

Adleson and his family have already given $11 million to “Winning our Future,” the super PAC backing Gingrich. The group, which bombarded the airwaves in South Carolina last month ahead of the primary there, is largely credited with helping Gingrich win in the Palmetto state.

The latest $10 million cash injection would raise the Adelson family’s contribution to $21 million, and a different source close to Adelson said he is prepared to drop another $4 million for a total of $25 million. The Huffington Post calculated that the billionaire casino owner earns about $3.3 million an hour.

Until now, people had operated from the assumption that Adelson had decided to hold off on any more interventions.  Why the change?  It can’t be that Newt Gingrich’s position has improved, because it hasn’t.  He’s dropped steadily downward since Florida, and Rick Santorum has charged into the lead nationally while Gingrich has faded to the second tier.

Keeping Gingrich alive for another few weeks means preventing a conservative consolidation before Super Tuesday — and that seems to be Adelson’s motive.  Two days ago, the Wall Street Journal reported that Adelson had become concerned with Santorum’s rise in the primaries:

In a bit of political chess, Mr. Adelson is ready to not only directly support the former House speaker in the Republican primary, but to use his cash to push Rick Santorum from his position atop the latest national polls, according to people who have discussed the matter with Mr. Adelson.

If Mr. Gingrich could afford to continue campaigning, one of those people said, he might be able to draw off conservative and evangelical voters from Mr. Santorum, improving the chances of Mitt Romney, who Mr. Adelson believes has a better chance to win November’s general election.

Adelson has committed to funding Romney’s super-PAC if he wins the nomination.  This looks like a bit of political jujitsu to keep the Not Romney vote split long enough for Romney to skate to the nomination.

Addendum: Just to make myself clear, there’s nothing wrong or illegitimate about this decision.  I have a lot of respect for Adelson, and hey, it’s his money.  My only real gripe is that our campaign finance laws should be revamped so that Adelson can give this directly to Gingrich rather than to the super-PAC.


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Rick Perry has a better executive resume of achievement than Rick Santorum, who has none.

onlineanalyst on February 17, 2012 at 6:33 PM

Newt/Perry?

Schadenfreude on February 17, 2012 at 7:50 PM

When he is a representative, he does not throw his ideas out so casually, but he always ends up solidly on conservatism’s side.

astonerii on February 17, 2012 at 6:50 PM

I wish everyone that is against Newt would do as you have done. I’ve always been suspect when too many factors are against someone. Want to know why. Course with Newt I remember 1994 and some of the main policies he got thru. I have a lot of that on VHS tapes:-)

bluefox on February 17, 2012 at 7:51 PM

My guess is Adelson gave it because he thought Newt would bust a gut to get the economy moving again by really pushing energy issues to the detriment of the greenies. Simple Occam’s Razor. Romney or Santorum would take their time with it by persuing lots of other things at the same time. KISS Principle.By the way, thanks for the links bluefox et al.

bigmike on February 17, 2012 at 6:57 PM

I think your point is valid. A bad economy doesn’t help his business! Newt will do it!! That’s why the R’s depise him; he’ll take more of their power and upset their applecart, LOL

bluefox on February 17, 2012 at 7:53 PM

Granite State Patriots Liberty PAC (that aids Liberty and Freedom groups and candidates here in NH) held a thoughtful and “conversational” style Presidential debate. No sharp tongued moderators (Paul Wescott of WGIR did a great job) here – a Constitutionally based question was asked and then the candidates were allowed to run with it.

GSPL PAC Presidential Debate – Gingrich / Santorum

Flora Duh on February 17, 2012 at 7:54 PM

Sharon Angle is wearing a sweater-vest these days.

carl todd hand on February 17, 2012 at 7:06 PM

That’s ok. We need to send her the 1994 Newt Video:-)

bluefox on February 17, 2012 at 7:55 PM

Thanks for the link on Newt, bluefox. Newt really is a phenomenal conservative.

onlineanalyst on February 17, 2012 at 7:09 PM

Yes, global warming, cap and trade, individual mandates, Medicare D, amnesty, Dede Scuzzafava … you don’t get any more phenomentally conservative than that.

bw222 on February 17, 2012 at 7:56 PM

Thanks for the link on Newt, bluefox. Newt really is a phenomenal conservative.

onlineanalyst on February 17, 2012 at 7:09 PM

You’re welcome. I’m glad I found it. Liked Allen West’s singing too:-)
I wish Newt would make an ad from that video and then link to the entire C-span site. He needs all of the positives right now.

bluefox on February 17, 2012 at 7:58 PM

Well, I just sent in my vote for the man. Cheer up, maybe the Romney tards will stay home.

astonerii on February 17, 2012 at 7:20 PM

Well, we could email the Gov. Maybe she’ll endorse Newt. She wouldn’t have anything to lose. She’s a fighter too, so she should be a kindred spirit with Newt!!!

bluefox on February 17, 2012 at 8:00 PM

With regard to Newt and the treehuggers:
* 2007: Newt teams with John Kerry to promote the global warming scam
* 2008: Newt teams with Queen Nancy for the global warming scam ad campaign
* March 2009: Newt announced he is considering a GOP Presidential run
* Apriul 2009: Newt testifies in Congress against cap & trade

bw222 on February 17, 2012 at 7:46 PM

2010 had climategate and exposed the lies officially. Not going to be going back that direction. So…

astonerii on February 17, 2012 at 8:01 PM

Newt/Perry?

Schadenfreude on February 17, 2012 at 7:50 PM

I object, you’re on the record:-) However Newt/West is the best.
Gov. Perry has to take care of Texas and he’s busy fighting the Feds.

bluefox on February 17, 2012 at 8:03 PM

GSPL PAC Presidential Debate – Gingrich / Santorum

Flora Duh on February 17, 2012 at 7:54 PM

Thanks, listening now!!

bluefox on February 17, 2012 at 8:05 PM

Gingrich is correct: The Obama administration is engaged in a war on religion, especiall that of the Judeo-Christian, Western heritage. His State Department is spending big bucks to renovate ME mosques and to provide them with internet connections. Your tax dollars at work.
http://mail.aol.com/35478-211/aol-6/en-us/mail/get-attachment.aspx?uid=29515363&folder=Inbox&partId=4&saveAs=WSB-TV.wmv

onlineanalyst on February 17, 2012 at 8:06 PM

Thanks for the link on Newt, bluefox. Newt really is a phenomenal conservative.

onlineanalyst on February 17, 2012 at 7:09 PM

Yes, global warming, cap and trade, individual mandates, Medicare D, amnesty, Dede Scuzzafava … you don’t get any more phenomentally conservative than that.

bw222 on February 17, 2012 at 7:56 PM

You sound like Romney and the MSM.

bluefox on February 17, 2012 at 8:06 PM

If Mr. Adelson wanted to throw away several million, I wish he would have just made his slots a bit looser.

I think that would have served a much higher purpose than blowing it on Speaker Gingrich.

MessesWithTexas on February 17, 2012 at 8:07 PM

onlineanalyst on February 17, 2012 at 8:06 PM

That’s an aol mail link, sorry.

bluefox on February 17, 2012 at 8:10 PM

So IF Gingrich wins the nomination, and then IF he wins the Presidency, isn’t this the same as Soros buying the Presidency for Obama?

Mitoch55 on February 17, 2012 at 3:29 PM

Not quite. Soros does not have American interests at the heart of his funding. Soros is an open-borders, open society guy for starts. Soros is buying our presidency in order to hasten the collapse of our currency, too.

onlineanalyst on February 17, 2012 at 8:11 PM

MoreLiberty on February 17, 2012 at 7:37 PM

You had better look at some of the Newt links and the video interview. Newt does not opt for war as a first choice at all, but he does propose tough, assertive behaviors on behalf of American interests.

onlineanalyst on February 17, 2012 at 8:31 PM

I am hoping that this coming debate Newt will shine again , now that Mitt has released some of his pressure on him and we will see a turnaround

O/T the president’s Marine one is flying above our house now.

evergreenland on February 17, 2012 at 8:37 PM

bluefox: Won’t that AOL link open for you? It was sent to me as an attachment.

onlineanalyst on February 17, 2012 at 8:40 PM

So Adelson pours 10 million more into Newt’s PAC in the hope that the conservative vote splits and Romney wins. Does Newt, the smartest man on the planet, allow Romney to possibly get the nomination because of Adelson and his PAC or is he so arrogant that he thinks Adelson still thinks he can win?

Newt needs to do a little soul searching on this one and he needs to consider what will happen to his career when the games have all been played. If Newt got out now, his stature with conservatives would go much higher. If Newt stays in and allows Romney to win, he won’t be selling many books or DVDs and he won’t be a big draw on the lecture circuit.

fight like a girl on February 17, 2012 at 10:22 PM

Newt needs to do a little soul searching on this one and he needs to consider what will happen to his career when the games have all been played. If Newt got out now, his stature with conservatives would go much higher. If Newt stays in and allows Romney to win, he won’t be selling many books or DVDs and he won’t be a big draw on the lecture circuit.

Why should Newt drop out? He still has more binding delegates than Santorum. And I think you’re quite wrong to assume Santorum is the 2nd choice of most Newt supporters. Personally I’d rather vote for Ron Paul.

What’s wrong, Santy supporters? Are you afraid that your great candidate doesn’t have the gusto to take this across the finish line on his own merits?

tkyang99 on February 17, 2012 at 10:56 PM

bluefox: Won’t that AOL link open for you? It was sent to me as an attachment.

onlineanalyst on February 17, 2012 at 8:40 PM

Sorry for the delay. Had phone calls:-) It opened, but told me I wasn’t logged into AOL and to log in again.

bluefox on February 17, 2012 at 10:57 PM

Hey, it’s a free country…

Oil Can on February 17, 2012 at 1:34 PM

REALLY? Since when?

GuitarMark on February 17, 2012 at 11:04 PM

Newt needs to do a little soul searching on this one and he needs to consider what will happen to his career when the games have all been played. If Newt got out now, his stature with conservatives would go much higher. If Newt stays in and allows Romney to win, he won’t be selling many books or DVDs and he won’t be a big draw on the lecture circuit.

Newt wants to be president. Neither Romney nor Santorum are sure things. I think he will stay in at least thru super tuesday.
With the new delegate allocation rules this is not going to be decided until june.

gerrym51 on February 17, 2012 at 11:11 PM

As a Santorum supporter, I can’t in good conscience call on Newt to drop out. It would be hypocritical. That is his right to campaign for president. This has been the most fluid GOP primary of my lifetime. Let the race continue.

Utica681 on February 18, 2012 at 12:07 AM

As a Santorum supporter, I can’t in good conscience call on Newt to drop out. It would be hypocritical. That is his right to campaign for president. This has been the most fluid GOP primary of my lifetime. Let the race continue.

Utica681 on February 18, 2012 at 12:07 AM

I agree. That is a decision each Candidate makes for themselves.
The Voters should have a choice. I didn’t like it when some of the others pulled out or was forced out via attacks.

I’m sure VA is not happy with having only Romney or Paul to vote for. My opinion is that any person that has qualified with all of the Federal filings needed should be on every State ballot. All of these State restrictions should be banned.

bluefox on February 18, 2012 at 12:17 AM

The only reason you won’t vote for Obama is because you’re racist.

NotCoach

That’s not true. He’ll gladly vote for Obama, just like he did last time.

xblade on February 18, 2012 at 4:25 AM

“In good conscience…”

If you had “good conscience” you wouldn’t support Rick Snatorum.

The man is a fraud.

http://thelibertyblog.org/tag/rick-santorum/

mountainaires on February 18, 2012 at 8:16 AM

“In good conscience…”

If you had “good conscience” you wouldn’t support Rick Snatorum.

The man is a fraud.

http://thelibertyblog.org/tag/rick-santorum/

mountainaires on February 18, 2012 at 8:16 AM

One man’s opinion.

tom daschle concerned on February 18, 2012 at 8:27 AM

tkyang99 on February 17, 2012 at 10:56 PM

It was Newt who called on Santorum to drop out BEFORE the SC primary, for crying out loud, when Newt had come in 4th and 5th in Iowa and NH. And it was Newt, after SC, who again called on Santorum to get out so conservatives would “unite” and beat Romney.

Newt has won 1 contest. Newt is not going to win the nomination. His favorable ratings are in the toilet.

Santorum has not asked Gingrich to get out. Santorum has said that he can win with Newt in the race. My point was centered around Adelson telling people that he will back Romney in the general and he is funding Newt now to stop Santorum. I don’t think Newt will recover but if he is seen as hurting Santorum’s chances against Romney, he is going to lose what little conservative credibility he has left, and it ain’t much now.

fight like a girl on February 18, 2012 at 9:22 AM

My point was centered around Adelson telling people that he will back Romney in the general and he is funding Newt now to stop Santorum. I don’t think Newt will recover but if he is seen as hurting Santorum’s chances against Romney, he is going to lose what little conservative credibility he has left, and it ain’t much now.

fight like a girl on February 18, 2012 at 9:22 AM

I don’t think Adelson is much worried about losing conservative credibility after giving millions to a conservative candidate and having as his second choice another conservative candidate. Much as the TrueCon™ ABR’s protest, there are plenty of good reasons to oppose Santorum’s winning the nomination.

Priscilla on February 18, 2012 at 9:32 AM

You would have thought after all his problems in the House that his campaign would have been run squeaky clean for finances but it doesn’t look like they care to follow rules.

PhiKapMom on February 18, 2012 at 9:43 AM

Gullible and easily led seem to be what I take away from this. You, not Newt.

astonerii on February 18, 2012 at 10:21 AM

Romney accused Gingrich for “cashing in” on his political connections, by receiving over a million as an advisor to Freddy Mac?

Talk about cashing in now. Newt has been reduced to a very well paid strawman for the Romney campaign, and he seems more than happy to accept that role. Disgraceful.

Captain Obvious on February 19, 2012 at 12:36 PM

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