Gambling mogul Sheldon Adelson who makes money via vice claims he backs GOP in part because Dems booed God at convention
I don’t know if gambling billionaire Sheldon Adelson is being disingenuous or not in WSJ editorial about why he became a Republican but I always love when a “God fearing” Republican who makes his fortune selling vice and sin to the masses claims to be a moral upstanding citizen upset that God is not given his due by the Democrats.
Here is the opinion of this God fearing man who backed an immoral Newt Gingrich for president:
Sheldon G. Adelson: I Didn’t Leave the Democrats. They Left Me
By SHELDON G. ADELSON
When members of the Democratic Party booed the inclusion of God and Jerusalem in their party platform this year, I thought of my parents. ———>Continued
You can ignore the ethnic/Israel boosting stuff by Adelson and go to my favorite line he wrote:
Whenever President Obama deplores the wealthy (“fat-cat bankers,” “millionaires and billionaires,” “at a certain point you’ve made enough money,” and so on), it tells me that he has failed to learn the economic lessons of Illinois, and that he still doesn’t understand the vital role entrepreneurs play in creating jobs in our society.
Got to love all that job creator line because the bulk of Adelson’s casino business is based in Asia. In reality, Adelson would save $2.3 Billion in taxes under the Romney/Ryan plan. Spending $100 million on a campaign to save $2.3 Billion in vice money is good business and (and safe to assume) this his primary motivation.
PS: I know that this will bring up money by leftists like Soros who spend on political campaigns but it does seem the left leaning investors support ideas not based on boosting their bank accounts and support causes for social justice reasons. In other words, left wing investors support ideas and politicians that would increase their tax bill rather than decrease it and not based on if they will be granted new business opportunities, etc.
