USA Today, on politics:
Mitt Romney is reportedly meeting today with Sheldon Adelson, the casino mogul who bankrolled the super PAC behind Newt Gingrich.
The video interview above was published by the Jewish Journal in March at Tribefest, hosted by the Jewish Federations in Las Vegas. Adelson:
I'm what you might call a social liberal. On the social issues-- I'm not pro life, I'm pro-choice... The problem with Romney... he's not the bold decisionmaker like Newt Gingrich is. Every time I talk to him, he says, 'Let me think about it.'
P.S. Adelson's interest in Romney is that he opposes any division of Jerusalem and any pullback of the Israeli settlers, and he fears Obama will support those initiatives. He supported George W. Bush for the same reason.
Thanks to Paul Mutter.
No surprise. The only candidate that is funded entirely by grass-roots support with no contribution from special interest donors like Adelson is Ron Paul.
Whether you vote for Romney or you vote for Obama, you are voting for war.
Ron Paul’s PAC takes mega donations too. One donor gave him1.5 million dollars.
This gay conservative billionaire, who made his money investing in PayPal and Facebook, has given 2.6 million to Ron Raul’s super pac. Whatever you think about Theil’s politics, he is not shilling for a foreign power and has no questionable business dealings. He has also never met Paul. Ron Pauls super pacs have the largest percentage of contributions uner 200 dollaRS.
PACs are outside the campaign and are legally separated from it.
Yes, Ron Paul has one big donor, Thiel; here’s his one big donor in context of all the rest of the super pac donors: link to cbsnews.com
If Romney is elected it might be the next step in the necessary cycle I theorized about back before Obama was elected….the extreme interest swings further and further down we need to get to some kind of revolution where the public finally become conscious.
link to ft.com
Mr Romney’s support has strengthened in some national polls this month, although Mr Obama still holds the edge, according to the latest RealClearPolitics average of polls, which gives the president a 1.6 point lead with 45.4 per cent support.
The private equity industry has argued that the attacks are empty and unfair. “There is a lot of rhetoric in a political campaign and a lot of hyperbole,” says Steve Judge, president of the Private Equity Growth Capital Council. “It’s something that happens in political campaigns. People get a bit carried away sometimes.”
Steven Davis, a University of Chicago expert on private equity buyouts and their impact on job creation, calls the whole line of attack “pretty worrisome”.
It’s not that private equity guys are angels who are always doing good, but they are an important part of a market economy,” he says. “I’m concerned these attacks will translate into policies that retard the creative destruction process
“
Romney could have been replaced in any of his old jobs, for a lot less money, by any one of thousands of Japanese CEO types. Seems to me creative destruction is as much about moving wealth around, as it is about replacing workers with machines; you think any of our great leaders like Clinton, for example, ever thought about how his trade agreements would move jobs to China?
Creative destruction is the mechanism by which money flows from the middle classes to the plutocrats .
“Romney could have been replaced in any of his old jobs, for a lot less money, by any one of thousands of Japanese CEO types.”
I’m sure there are quite a few in TEPCO who would welcome a change just around now.