Las Vegas Sands Corporation, run by billionaire Sheldon Adelson, has admitted in an SEC filing that it likely broke the law by violating the Foreign Corrupt Practices Act.

01/31/13 UPDATE: Word has come to me that Truthout has retracted the story to which my blog post below refers. The story, by Truthout’s Danny Weil, apparently misread the OpenSecrets data, and confused contributions made by individuals with those from PACs. I regret passing along this error in the Truthout story, a story I cited in good faith.

One of the deepest divides in our alarmingly escalating Class War is one of mutual misunderstanding between the two sides about what money is for: The Job Creators can’t comprehend why the Lower Orders should have such fripperies as food, housing, and medical care (or worse, cell phones and TV’s), while those being steadily ground into mush under their well-shod heels can’t understand why people with enough money to buy their own states don’t at least buy states where the weather is better.

If I were a Republican at this particular moment, I’d have but one wish: Better grifters, please.

Karl Rove’s billionaire pals gave him nearly $400 million to defeat President Obama in particular and Democrats and their issues in general, and he got waxed. Badly.

Never do I feel so powerless and deflated in my role as a citizen as I do toward the end of an election season, but 2012 is quickly reaching a new level of awfulness. I just can’t wait for this to be over. From the top of the ticket on down (except for a few bright spots I’ll get to later), the dispiriting sense that “winning” can only be called such because losing is flat-out unthinkable, given that almost half of the electorate is evidently willing and eager to elect into office a party that holds them in utter contempt.

How much of the middle class will our Galtian Overlords in the Oligarchy kill off?

Akin supporters are not the big problem. The big problem is the billionaires who ride them like polo ponies, jerking them around to support Billionaire Utopia at the expense of everyone else.

Right after June’s disappointing jobs report, Mitt Romney went right out and stepped on the rake of bringing up his business background — i.e. Bain just as it was going to become nearly toxic. And never one to pass up an opportunity for self-inflicted wounds, he followed up the well-aimed mockery of the Obama “firms” [...]

Has Sheldon “Thug Life” Adelson finally found himself in a situation he can’t bully or buy his way out of? Time will tell.