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 ...
Blood, Sweat and Tears----
Newt Skywalker shall rise again-- Keep on ducking the debates boys... -:)
Hate to rain on the Newt supporters party
**************
Then why do it?
and that is why Romney and Ricky have ran from the debates in Newts backyard.
Frigging cowards.
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
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.
I think you pretty much got it.
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!
Thanks VinL.
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