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I wonder how Sheldon Adelson feels this morning. He spent $10 million to buy Florida for Newt Gingrich, and ... bad investment ...
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February 1st, 2012
Over the last several weeks, Adelson and his wife gave $10 million to Newt Gingrich as an ‘investment’ (I wonder what the return-on-investment was supposed to be!). Essentially they gave money in order to buy Florida for the Gingrich campaign.
Of course, with the help of the Supreme Court and the US Election laws, this is totally legal. I have issues with the court decisions, but it is the law of the land.
So if you were Adelson, and your favorite horse lost Florida by 14 points last night, what’s your next move? Do you try and buy another state for Gingrich? Do you take the rest of your money and back someone else?
How do you feel when you blow $10 million and end up with bupkis?
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