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1 Charles Johnson  Thu, Mar 27, 2014 5:41:51pm

Thing is, for Sheldon Adelson, spending $92 million is like one trip to the grocery store for ordinary folks. He could dump ten times that much and not even notice it. The guy has about $40 BILLION - $92M is chump change to him.

2 jaunte  Thu, Mar 27, 2014 5:44:12pm

re: #1 Charles Johnson

That is an odd feature of his spending. It’s not as if he’s going to need $39 billion to get through the rest of his life. He could buy every conservative politician in the country and still be a billionaire.

3 bratwurst  Thu, Mar 27, 2014 5:48:42pm

re: #1 Charles Johnson

Thing is, for Sheldon Adelson, spending $92 million is like one trip to the grocery store for ordinary folks. He could dump ten times that much and not even notice it. The guy has about $40 BILLION - $92M is chump change to him.

You and Ari are certainly right, but I still honestly think I would turn my attention to supporting charities and the arts instead of flushing my money down the toilet by giving it to people like Newt Gingrich. It’s hard to accept that a guy who made his vast fortune from casinos can’t figure out when the odds are not in his favor at all.

4 EPR-radar  Thu, Mar 27, 2014 5:52:47pm

re: #3 bratwurst

You and Ari are certainly right, but I still honestly think I would turn my attention to supporting charities and the arts instead of flushing my money down the toilet by giving it to people like Newt Gingrich. I really think a guy who made his vast fortune from casinos would know when the odds are not in his favor.

I’d be careful with this line of reasoning. The chance of a GOP victory in 2016 is not zero, and if Adelson contributes heavily to the GOP in this cycle he could stand to profit greatly when the favors are called in.

IMO Adelson is buying lottery tickets with his pocket change, with power and money as the potential payoff. That fact that the odds aren’t in his favor is basically irrelevant.


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