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Gingrich to get another $10 million from casino backer - sources
Cbs ^

Posted on 02/17/2012 8:46:23 AM PST by VinL

Former House Speaker Newt Gingrich's faltering campaign is about to get another shot in the arm, CBS News has learned.

Billionaire casino magnate Sheldon Adelson plans to give another $10 million to the outside group backing the former Georgia lawmaker who is running behind former Massachusetts Gov. Mitt Romney and former Pennsylvania Sen. Rick Santorum in the race for the Republican presidential nomination, a source close to Adelson told CBS News.

Adleson and his family have already given $11 million to "Winning our Future," the super PAC backing Gingrich. The group, which bombarded the airwaves in South Carolina last month ahead of the primary there, is largely credited with helping Gingrich win in the Palmetto state.

The latest $10 million cash injection would raise the Adelson family's contribution to $21 million, and a different source close to Adelson said he is prepared to drop another $4 million for a total of $25 million. The Huffington Post calculated that the billionaire casino owner earns about $3.3 million an hour.

The donation is expected to arrive at "Winning Our Future" within days, the source said, but still too late to make deadline for the scheduled release of donations on February 20th. The donation details are expected to be revealed in the March 20th filing with the Federal Election Commission.

Adelson has previously indicated his support for Gingrich is based on their shared commitment to Israel. But the billionaire has also indicated that despite his ongoing support for Gingrich, he will maintain a commitment to whoever becomes the Republican nominee.

A "Winning Our Future" spokesman did not immediately respond to a request for comment.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: adelson4newt; adelson4romney; gingrich; haymsalomon; israel; newt; newtgingrich; sheldonadelson
Hi -de- ho-, hi de-hi, Gonna get me a piece of the sky. Gonna get me some of that ol' sweet roll, Singing hi-de-hi-de-hoooooooo.

Blood, Sweat and Tears----

Newt Skywalker shall rise again-- Keep on ducking the debates boys... -:)

1 posted on 02/17/2012 8:46:26 AM PST by VinL
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To: VinL
Hate to rain on the Newt supporters party, but, Rick Santorum is moving up in a poll in Georgia, and that was taken 2 days after his 3 state victory.

2 posted on 02/17/2012 9:40:24 AM PST by American Constitutionalist (The fool has said in his heart, " there is no GOD " ..)
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To: VinL
Gingrich backers take note: Said casino owner wants Romney to win the nomination.
3 posted on 02/17/2012 9:40:57 AM PST by Carry_Okie (There has not been a conservative American government for 90 years.)
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To: American Constitutionalist

Hate to rain on the Newt supporters party

**************
Then why do it?


4 posted on 02/17/2012 10:06:29 AM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: American Constitutionalist

and that is why Romney and Ricky have ran from the debates in Newts backyard.

Frigging cowards.


5 posted on 02/17/2012 10:41:53 AM PST by manc (Marriage is between one man and one woman,It's not a conservative view but a true American view)
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To: VinL

I could never understand why Santorum ran AD’s against Newt after FL when Newt was not first place but Romney was but now both of them are running like cowards from the GA debate , how Romney ignored the states Santorum ran in then it seems the establishment is getting what they want and that is Newt taken out once and for all.

They have pissed all over us down in the south, the conservative base and those who want to choose our candidate without the GOP getting involved.

The RNC,GOP only care about their own pockets and power , the last thing they want is a guy who is not a yes man but they want a north east RINO who is a yes man


6 posted on 02/17/2012 10:45:30 AM PST by manc (Marriage is between one man and one woman,It's not a conservative view but a true American view)
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To: VinL

Huffington Post calculated that the billionaire casino owner earns about $3.3 million an hour.

3.3 million X 24 hours = 79.2 million

79.8 million x 365 days = 28.9 billion.

(His lifetime net worth is reported to 21 billion. )

Exaggerate much ?

The good news for him is that his secretary paid more income tax than he did.


7 posted on 02/17/2012 10:50:44 AM PST by Raycpa
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To: manc

I think you pretty much got it.


8 posted on 02/17/2012 10:54:53 AM PST by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: VinL
Dear Newt,

Way to hit the jackpot again. Now help me finish off Romney.

P.S. Loved your anti-Romney ads this week on Rush's show. Keep up the great work, Speaker.

VIVA LAS VEGAS!

9 posted on 02/17/2012 11:15:12 AM PST by CainConservative (Santorum/Huck 2012 w/ Newt, Cain, Palin, Bach, Parker, Watts, Duncan, & Petraeus in the Cabinet)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks VinL.


10 posted on 02/18/2012 6:53:45 PM PST by SunkenCiv (FReep this FReepathon!)
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