Adelson Speaks

One of the business people who’s bought himself a big batch of craziness is Vegas casino mogul Sheldon Adelson, primary financier (until recently) of the Winning Our Future Super-PAC, without which Newt Gingrich would have been pretty much limited to charging for autographs at RV shows this year.

It’s been rumored for a while that Adelson had finally shut down Newt’s line of credit, and in this very interesting video from a recent conference at his flagship hotel, he confirms it by saying Gingrich had reached “the end of his line.”

The whole video, of course, is pretty interesting beyond what Adelson had to say about Newt, or the “Obama–Oy Vey” button he’s sporting. Turns out the man who paid the bills while Gingrich aggressively pandered to the Christian Right considers himself a pro-choice “social liberal” who doesn’t want Rick Santorum to get within a mile of the White House. You also gotta say, listening to him ramble, that he may be a shrewd business executive, but Adelson doesn’t immediately impress you as someone who should have about 15 million times the say of everyone else about who wins the GOP presidential nomination.

Get used to it, though. It’s clear Adelson has Mitt Romney’s ear, if not yet a chunk of his money. More importantly, along with Foster Friess, Adelson represents the new ruling class of campaign financing, and there’s just not much we can do about it short of gradually trying to get us a Supreme Court that doesn’t think money should talk.

Ed Kilgore

Ed Kilgore, a Monthly contributing editor, is a columnist for the Daily Intelligencer, New York magazine’s politics blog, and the managing editor for the Democratic Strategist.