Why Sheldon Adelson Spent $150 Million On the 2012 Election

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Over at HuffPo, Peter Stone reports that casino mogul Sheldon Adelson didn’t spend $100 million on this year’s election, as promised. He spent more like $150 million. Why? Well, he’s an obsessive supporter of conservative Israeli politics, and figured that Republicans were more likely to toe the Bibi Netanyahu line than Barack Obama. That much is common knowledge. But Stone says there’s more:

Adelson, a fierce critic of Obama’s foreign and domestic policies, has said that his humongous spending was spurred chiefly by his fear that a second Obama term would bring “vilification of people that were against him.” As that second term begins, Adelson’s international casino empire faces a rough road, with two federal criminal investigations into his business.

This coming week, Adelson plans to visit Washington, according to three separate GOP sources familiar with his travel schedule. While here, he’s arranged Hill meetings with at least one House GOP leader in which he is expected to discuss key issues, including possible changes to the Foreign Corrupt Practices Act, the anti-bribery law that undergirds one federal probe into his casino network, according to a Republican attorney with knowledge of his plans.

During the election, Adelson told Politico that the Justice Department investigation, and the way he felt treated by prosecutors, was a primary motivation for his investment in Republican presidential nominee Mitt Romney and other GOP candidates.

Adelson may not know it, but he must be the luckiest guy in the world. Any other president might very well push the Justice Department at least a tiny little bit to punish a guy who spent so much money to turf him out of office. But Obama? Probably not. It’s not that Obama is some kind of saint or anything, but he’s about a million miles away from the business-hating, class-warring, Arab-loving, Chicago thug that conservatives have all convinced themselves he is. Adelson will probably never figure that out, since he seems like the kind of guy who considers a 4.6 percentage point increase in his tax rate a massive assault on his freedom, but he’ll benefit from it.

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WHO DOESN’T LOVE A POSITIVE STORY—OR TWO?

“Great journalism really does make a difference in this world: it can even save kids.”

That’s what a civil rights lawyer wrote to Julia Lurie, the day after her major investigation into a psychiatric hospital chain that uses foster children as “cash cows” published, letting her know he was using her findings that same day in a hearing to keep a child out of one of the facilities we investigated.

That’s awesome. As is the fact that Julia, who spent a full year reporting this challenging story, promptly heard from a Senate committee that will use her work in their own investigation of Universal Health Services. There’s no doubt her revelations will continue to have a big impact in the months and years to come.

Like another story about Mother Jones’ real-world impact.

This one, a multiyear investigation, published in 2021, exposed conditions in sugar work camps in the Dominican Republic owned by Central Romana—the conglomerate behind brands like C&H and Domino, whose product ends up in our Hershey bars and other sweets. A year ago, the Biden administration banned sugar imports from Central Romana. And just recently, we learned of a previously undisclosed investigation from the Department of Homeland Security, looking into working conditions at Central Romana. How big of a deal is this?

“This could be the first time a corporation would be held criminally liable for forced labor in their own supply chains,” according to a retired special agent we talked to.

Wow.

And it is only because Mother Jones is funded primarily by donations from readers that we can mount ambitious, yearlong—or more—investigations like these two stories that are making waves.

About that: It’s unfathomably hard in the news business right now, and we came up about $28,000 short during our recent fall fundraising campaign. We simply have to make that up soon to avoid falling further behind than can be made up for, or needing to somehow trim $1 million from our budget, like happened last year.

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