Watch LIVE

Sheldon Adelson makes his case in WSJ


In an op-ed for the Wall Street Journal, casino magnate and GOP mega donor Sheldon Adelson explains why he's so heavily invested in the presidential election. He's dropped nearly $35 million this election season and it started with him almost single-handedly funding Newt Gingrich's campaign in the Republican primary.

Adelson says he was once a Democrat.

From the op-ed:

So why did I leave the party?

My critics nowadays like to claim it's because I got wealthy or because I didn't want to pay taxes or because of some other conservative caricature. No, the truth is the Democratic Party has changed in ways that no longer fit with someone of my upbringing. ...

Nowhere was this change in Democratic sympathies more evident than in the chilling reaction on the floor of the Democratic convention in September when the question of Israel's capital came up for a vote. Anyone who witnessed the delegates' angry screaming and fist-shaking could see that far more is going on in the Democratic Party than mere opposition to citing Jerusalem in their platform. There is now a visceral anti-Israel movement among rank-and-file Democrats, a disturbing development that my parents' generation would not have ignored.

Though Adelson has been a central figure in the money side of the election, he rarely speaks at length about his motives in participating.

Most recent
All Articles