Adelson didn't direct PAC attack, source says
January 13th, 2012
01:47 PM ET
10 years ago

Adelson didn't direct PAC attack, source says

Washington (CNN) - Billionaire casino mogul Sheldon Adelson did not direct the independent Super PAC supporting Newt Gingrich on how it should spend the five million dollars he donated to it last week, a source close to Adelson told CNN.

"It was a donation with no instruction," the source said adding Adelson "gave no preconditions."

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That contribution gave a much needed boost to the PAC, Winning Our Future, allowing it to make a major purchase of ad time in South Carolina, a state Gingrich has said he must win to keep his presidential hopes alive. Super PACs supporting candidates and their campaigns are not allowed by law to coordinate their activities.

The PAC this week released a scathing movie online criticizing Mitt Romney's role in the venture capital firm Bain Capital and chronicling how some of the companies it took over later filed bankruptcy. It calls him a "corporate raider" and features interviews with workers from some of the companies closed after Bain took them over.

Winning Our Future went up on television Thursday with a paid commercial in South Carolina featuring a portion of that movie, according to the group. The PAC also put up an ad earlier this week in the state touting the former House speaker as an exceptional leader.

The PAC said the leadership ad as well as one dealing with the Bain issue will both continue to air.

Supporters of Adelson, who has not commented publicly on the donation, rejected the idea that his contribution could be seen as anti-business.

"Criticisms of Aldeson being anti-capitalism are ridiculous," the source close to Adelson said. "He made a donation to help his friend.

Adelson, a long-time friend of Gingrich, previously contributed to Gingrich-run organizations.

The source also said the gambling magnate had not seen any of the ads from the super PAC and does not have an opinion of them.

"He is not involved in the tactics or the strategy of the super PAC in any way," the source said.

Gingrich and his allies have come under criticism from conservatives for pushing a message that could be seen as criticizing capitalism and exposing rifts that the President Barack Obama's re-election team could take advantage of if Romney captures the Republican nomination.

The movie has come under criticism by some non-partisan fact checkers for not presenting the full story regarding the impact of Bain. The Romney campaign has distributed articles detailing that to members of the press.

Asked for reaction to the stories, the PAC's spokesman Rick Tyler said "We've apparently embarrassed the national press corps by doing their job for them."

Also see:

Santorum begins S.C. push by contrasting with Obama

Gingrich hits Romney for speaking French

Colbert for president (again)

South Carolina GOP Chairman defends free market amid Romney attacks

Filed under: 2012 • Newt Gingrich
soundoff (20 Responses)
  1. Jill-IN

    Romney needs to quit whining! And he needs to get this straight - we are not Jealous of him!

    January 13, 2012 01:51 pm at 1:51 pm |
  2. vic , nashville ,tn

    Simple Republicans are in panic mode

    January 13, 2012 01:55 pm at 1:55 pm |
  3. Wire Palladin, S. F.

    Is it a part of the republican religion to shun someone who does not fall behind the chosen one, Mittens? That is so Talibanisque.

    January 13, 2012 01:57 pm at 1:57 pm |
  4. Wire Palladin, S. F.

    I thought Mittens said he had big shoulders. Another lie.

    January 13, 2012 02:08 pm at 2:08 pm |
  5. GI Joe

    I'd love to see Mitt's face if Newt wins SC, I think that would be the funniest sight ever. You can do it, SC. Newt is anti-abortion, Mitt changes his mind on it every other day.

    January 13, 2012 02:12 pm at 2:12 pm |
  6. Anonymous

    The bottom line is that Flipper is a vulture capitalist, a parasitic elitist, a spoiled rich kid riding on is daddy's coattails and a psychopathic predator with no regard for the average person. He's like GWB without the compassion. Newt is 100% correct on this and he should go for the jugular and demand Romney's tax returns, including all the attached forms.

    January 13, 2012 02:19 pm at 2:19 pm |
  7. Wire Palladin, S. F.

    It is important that the people of SC get to see what Romney and the other corporate raiders did to workers there. Not all people live along the coast, so in this case, I say, "Go Newt!'

    January 13, 2012 02:20 pm at 2:20 pm |
  8. Wire Palladin, S. F.

    @Anonymous 2:19 – Well put.

    January 13, 2012 02:21 pm at 2:21 pm |
  9. Barry Marson

    I am a democrat and I just love that Newt is going at him. Yes indeed, this ONEpercenter, flip flopper, no core jerk thought he was just going to walk in an take the nomination. Now show us your tax return mitten..

    January 13, 2012 02:31 pm at 2:31 pm |
  10. unsub

    did willard really say "we can discuss this in a quiet room"

    January 13, 2012 02:32 pm at 2:32 pm |
  11. 27Reasons

    People like Sheldon Adelson are a huge part of the reason why Ron Paul is the ONLY legit candidate for the people of this nation.

    January 13, 2012 02:33 pm at 2:33 pm |
  12. Rudy NYC

    I thought donors to superPACs were supposed to be able to remain anonymous.

    January 13, 2012 02:46 pm at 2:46 pm |
  13. Gurgi

    @anonymous,,,,wow, what a perfect description of Obama!!!

    January 13, 2012 02:56 pm at 2:56 pm |
  14. once upon a horse

    the GOP for 2012 is so dysfunctional it's pathetic..they have a so-called frontrunner that over half of the party doesn't like or even want
    two almost also rans that will do anything to unseat the frontrunner even if it means making their party look bad
    one guy that thinks formal education makes you look like a snob
    one guy that is an isolationist
    and the BEST candidate with the best record they won't support because he at one time worked for the current president
    this after three rightwing nutjobs have already dropped out.
    But the even sadder point is that there are some, in fact many that will support this dysfunction anyway. No wonder the Maya predicted 2012 as the end of the world.

    January 13, 2012 02:57 pm at 2:57 pm |
  15. stars

    all of these rich fools are crooks and lairs .

    January 13, 2012 03:10 pm at 3:10 pm |
  16. Hugganoak

    @Rudy – he probably didn't want to remain anonymous. I'd sure want credit for it ...

    January 13, 2012 03:14 pm at 3:14 pm |
  17. A Kickin` Donkey

    Mitt Romney`s comment that others are "envious" of him / his success are very telling. He seems to miss the point that not everyone is a money grubbing capitalist that would sell their own mother to make a buck.

    If there is any equality in the media, especially @ Fox [there isn`t] they will hang the "elitist,snob " label on him as they tried to hang on the President. It`s a perfect fit on Romney. Not so much on Barack.

    I hope the President seizes the moment to distinguish his version of capitalism from the brand that Bain & company have practiced. Their ads will try to focus attention on their "greenfield" investments like STAPLES & Sports Authority. Where Romney, Bain & the Hedge Fund / Vulture Capitalists are vulnerable are in those cases where they bought an existing company, looted the pension fund, working capital & employee health benefit accounts, thereby transferring COSTS away from the compNy and onto the shoulders of US Taxpayers and the rank & file workers.

    It is then easy to demonstrate that by "cooking the books" to inflate "free cash flow" by these cost transfers, Bain [Romney] has deceptively increased the value of their investment and CASHED OUT at a bogus value. This is not "free market capitalism"; it is managerial malpractice for a going concern. It leaves others holding the bag for direct and implicit liabilities of the company while Bain & Romney are on thecorporate jet off to their next property to flip. When Bain owns something for th full lifetime of a worker, then they can claim to have a long term perspective.

    January 13, 2012 03:16 pm at 3:16 pm |
  18. Anonymous

    "@anonymous,,,,wow, what a perfect description of Obama!!!"

    Except that I could provide facts to back up my assertion and you have no facts to back up yours. But yeah, otherwise they're identical.

    January 13, 2012 03:26 pm at 3:26 pm |
  19. Rudy NYC


    @Rudy – he probably didn't want to remain anonymous. I'd sure want credit for it ...
    That is a possibility, but it doesn't seem to fit the facts and the statements that he has made.

    January 13, 2012 03:43 pm at 3:43 pm |
  20. m

    Adelson's politics are well known therefore there was no need to have any precondition's. Does anyone really think that he would just casually give away 5 million even though that is pocket change without knowing its aim is to destroy gingRICH's opponents?

    January 13, 2012 03:52 pm at 3:52 pm |