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” [...]
|By: Phoenix Woman Saturday June 30, 2012 6:45 am|
Has Sheldon “Thug Life” Adelson finally found himself in a situation he can’t bully or buy his way out of? Time will tell.
|By: Scarecrow Wednesday June 27, 2012 6:45 am|
Today NPR told us some “good news,” the story that finally, by popular demand and Presidential edict, America is going to get a national college football playoff. The story went on about how the country has been deprived for a century of the satisfaction of . . . uh, something, which I translated as knowing which collegiate athlete program is the most corrupt at recruiting the future stars for the NFL Gladiator spectacles.
|By: David Dayen Friday June 15, 2012 12:20 pm|
John McCain, the 2008 Republican nominee for President and an endorser of Mitt Romney, has launched a broadside against Romney’s new patron, Sheldon Adelson, alleging that Adelson is using foreign money for his SuperPAC donations to help Republicans win the White House in 2012.
|By: cocktailhag Thursday June 14, 2012 8:00 pm|
After pissing away $25 million or so on Newt Gingrich’s “candidacy,” billionaire cuckoo person Sheldon Adelson just grandly announced that he’s going to pony up another $100 million to elect Mitt Romney President. Since the guy’s got another $24.9 billion where that came from, that’s no idle threat; geezer that he is, he can go ahead and buy every political office available between now and his death, and still never come close to running out of money. That’s nice.
But then what will be left for all the other obscenely rich crazy people we’ve nurtured so obsequiously to buy?
|By: David Dayen Wednesday April 11, 2012 6:15 am|
Dayen’s news roundup from April 10, 2012, with stories on lawless banking, Trayvon Martin, gun control, JP Morgan, Shaun Donovan, Harold Koh, ALEC, marriage equality, extradition, Ozzie Guillen, Sheldon Adelson, David Cameron and much more.
|By: Jon Walker Tuesday February 21, 2012 1:10 pm|
Billionaire Sheldon Adelson, who has already injected over $10 million into helping Newt Gingrich become President, told Forbes that he could easily spend $100 million this year on influencing politics. Having elections heavily impacted by the whims of a few billionaires is a horrible way to run a democracy. Even the billionaires currently exploiting it admit it is a horrible system, but that hasn’t stopped them from choosing to exploit it.
|By: David Dayen Tuesday February 21, 2012 8:20 am|
A new round of campaign finance disclosures by the Republican campaigns for President showed once again how SuperPAC spending has driven the race almost entirely this year. At most, a few dozen extremely rich people are paying for most of the GOP campaigns, and they’re making no apologies for essentially buying the nominating process.
|By: David Dayen Tuesday January 24, 2012 11:50 am|
The early reports were that Sheldon Adelson plowed another $5 million into the SuperPAC supporting Newt Gingrich. It turns out that the money specifically came from Sheldon’s wife Miriam, even though donations can remain anonymous.
|By: David Dayen Thursday December 15, 2011 1:50 pm|
Thanks to Citizens United and a subsequent court decision, Super PACs can raise unlimited sums, and spend it all advocating directly for or against a candidate, as long as there’s no coordination between the Super PAC and the candidate’s campaign. But this prohibition against coordination doesn’t really have much significance in the real world.