Las Vegas casino magnate Sheldon Adelson announced his intention on Friday to give $10 million to political action committees controlled by Charles and David Koch who in turn are themselves giving substantial sums to unseat President Obama and turn control of the Senate back to the Republican Party.
Earlier this year, Adelson, the CEO of the Las Vegas Sands Corporation which owns and operates the Venetian Resort Hotel Casino and the Sands Expo and Convention Center, and who is reputedly worth $25 billion, attended a Koch brothers-sponsored gathering of super-wealthy conservatives in Palm Springs, and after listening to the action plans and strategies to influence the November elections, decided to support their efforts.
Adelson’s intentions are to give upwards of $100 million in support of conservative causes. He explained:
What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years. That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything.
This is music to the ears of the Koch brothers, who have been providing support for conservative causes for years, starting with their father’s establishment of the Fred C. and Mary R. Koch Foundation in 1953. The senior Koch was an early member of The John Birch Society and noted in a speech in 1963 his concern about “a takeover” of the United States government by communists who would “infiltrate the highest offices of government in the U.S. until the president is a Communist, unknown to the rest of us.”
In a lengthy and controversial “exposé” of the Koch brothers in a
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