Forbes magazine today has the first interview with Las Vegas billionaire Sheldon Adelson since he has become the chief financier of the Newt Gingrich rescue effort.
According to a tease released today, Adelson has no patience for those who wring their hands over the impact of a handful of wealthy donors on the national political process:
“Those people are either jealous or professional critics,” Adelson [said] during his first interview since he and his wife began funneling $11 million, with another $10 million injection widely expected, into the former speaker’s super PAC, Winning Our Future. “They like to trash other people. It’s unfair that I’ve been treated unfair—but it doesn’t stop me. I might give $10 million or $100 million to Gingrich.”
Adelson, 78, certainly can afford to: With a net worth of roughly $25 billion, that $11 million, which jolted Gingrich’s flatlining presidential bid back to life, equates to 0.044% of his fortune.
And $100 million would be only .44 percent of his fortune. To a billionaire, that’s only a modest sales tax.
Newt Gingrich is skipping Michigan, my AJC colleague Daniel Malloy reports. Spokesman R.C. Hammond confirmed Monday night that the campaign is scrapping tentative plans to travel to Michigan at the end of the week ahead of the state’s Feb. 28 primary.
Gingrich is spending Tuesday and Wednesday in the other Feb. 28 primary – Arizona – but that is mostly for the sake of Wednesday night’s debate, and his public schedule will be light.
It’s a sign that the campaign does not anticipate doing well in the two states. Mitt Romney and Rick Santorum are in a tight struggle for Michigan, where Romney was born and his father was governor. Romney has an edge in Arizona as well, thanks in part to the support of Sen. John McCain.
On the day that Arizona and Michigan vote, Gingrich will conducting a bus tour through Georgia.
On CBS’s “This Morning” show, Newt Gingrich today asserted that President Barack Obama is in pursuit of an “outrageously anti-American” energy policy that snubs the Keystone oil pipeline and puts too much stock in electric car technology to wean the country from foreign oil dependency.
According to the Associated Press, the former U.S. House speaker declared that gasoline prices have skyrocketed since Obama took office. He said Obama entertains a “fantasy” that the electric car “is going to liberate us from Saudi Arabia.”
To underline that point, in both Georgia and Oklahoma, Gingrich has rolled out the line that “You can’t put a gunrack in a Chevy Volt.” That, of course, was a challenge that had to be met. From YouTube:
Newt Gingrich may not be playing in Michigan, but Ron Paul is – and he’s trying to bring down Rick Santorum a notch or two with this ad:
The AJC’s Politifact Georgia today takes a look at the claim by the Newt Gingrich-affiliated super PAC that “Romney supervised a company guilty of massive Medicare fraud.”
The Rev. Joe Lowery will host a press conference at 1 p.m. today to protest Gov. Nathan Deal’s suspension of school board members suspended in Brooks County – a byproduct of a voter fraud investigation arising from the July 2010 primary. That’ll be at 328 Auburn Avenue, Atlanta, GA 30303.
- By Jim Galloway, Political Insider