Sheldon Adelson Reaffirms His Support for Gingrich - The Jewish Voice
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Sheldon Adelson Reaffirms His Support for Gingrich

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Sheldon Adelson has already donated more than $10 million to a committee supporting Newt Gingrich’s bid for the presidency.Sheldon Adelson, the real estate magnate who has already contributed more than $10 million to an independent political committee endorsing Newt Gingrich, has reaffirmed his support for the candidate and suggested he may continue bankrolling his campaign.

Adelson, the Jewish mogul who own the Las Vegas Sands Corporation, has featured prominently as one of the wealthy donors to “super PACs” in this year’s Republican presidential race, as clout in the political sphere has slowly shifted from the politicians and their advertising capacities to backers and their hefty checks.

Adelson is a longtime friend of Gingrich, as the two have collaborated on a number of ventures during the former Speaker’s extensive political career. In particular, Gingrich espouses a Middle-Eastern policy sympathetic to Israeli interests, and has signaled his support for Israel during this year’s campaign. He has called the Palestinians an “invented people,” and Adelson, whose largesse has been largely allotted to Israeli causes, has returned Gingrich’s ideological favor by offering financial assistance. The owner of Israel Hayom, a popular Israeli publication, Adelson has contributed to the Yad Vashem Museum and the Birthright trips, which grant 18-26 year olds the opportunity to comprehensively tour Israel for the first time.

In an interview with Forbes, Adelson shared some aspects of his political perspective and what he wants out of current and future presidential administrations. “What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years,” Adelson said. “That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work, etc.”

Clarifying his political views and his adoption of a Republican, conservative platform, Adelson then went on to answer to his critics. “Those people are either jealous or professional critics,” the mogul told Forbes. “They like to trash other people. It’s unfair that I’ve been treated unfair – but it doesn’t stop me. I might give $10 million or $100 million to Gingrich.”

Earlier in the race, Adelson said he would endorse Gingrich until a nominee is selected, at which juncture he would redirect funds to the Republican presidential candidate. This latest interview reveals that he has kept his promise, and has pledged to continue feeding funds to Winning our Future, Gingrich’s “super PAC,” if necessary. With the conservative vote currently leaning in Rick Santorum’s direction, the former Speaker of the House may need a steady flow of cash if he is to turn the election around in his favor.

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