Sheldon Adelson bet against the American people — and lost.


(Photo: Patrick T. Fallon for The New York Times)

Little to Show for Cash Flood by Big Donors – NYTimes.com

The biggest single donor in political history, the casino billionaire Sheldon Adelson, mingled with other Romney backers at a postelection breakfast, fresh off a large gamble gone bad. Of the eight candidates he supported with tens of millions of dollars in contributions to “super PACs,” none were victorious on Tuesday.

And as calls came in on Wednesday from some of the donors who had poured more than $300 million into the pair of big-spending outside groups founded in part by Karl Rove — perhaps the leading political entrepreneur of the super PAC era — he offered them a grim upside: without us, the race would not have been as close as it was. [...] Mr. Adelson’s giving to super PACs and other outside groups came to more than $60 million…

If you have to spend $300 billion so that your candidate(s) don’t lose as badly as they could have, isn’t it time to possibly re-evaluate your ideologies? Do you at some point think to yourself, ‘maybe it’s not everyone else – maybe it is me’?

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