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DBoon

(22,383 posts)
Tue Jan 12, 2021, 05:30 PM Jan 2021

How Sheldon Adelson's Death Could Affect the G.O.P.'s Future - NYT

...And while it seems likely that Mr. Adelson’s wife, Dr. Miriam Adelson, will continue with some of their family’s political giving, his passing Monday night at the age of 87 leaves Republicans without a benefactor whose donations were so crucial to the party’s success that only a small number of billionaires, like Charles Koch, rivaled his influence.

All told, Mr. Adelson and his wife have donated more than a half-billion dollars to G.O.P. campaigns and super PACs since 2010, according to federal records.

...

Part of the concern for Republicans, Mr. Reed added, is that the Adelsons have been so singular a force in the party that there is no replacement. “A next generation of Sheldon-level giving does not readily exist,” he said.


https://www.nytimes.com/2021/01/12/us/politics/adelson-republican-fundraising.html

The problem about building a political party around a handful of Billionaire donors. When a donor dies, you suddenly have a financing hole.

Also interesting that there is no up-and-coming billionaire to take his place.

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How Sheldon Adelson's Death Could Affect the G.O.P.'s Future - NYT (Original Post) DBoon Jan 2021 OP
Maybe the Repukes will be ready to limit the money in politics. NCjack Jan 2021 #1
Not a chance. BlueIdaho Jan 2021 #2
When Democrats consistently out-raise and out-spend them DBoon Jan 2021 #3
Doubt it, Wellstone ruled Jan 2021 #4
Rebekah Mercer will fill the gap nicely. n/t TygrBright Jan 2021 #5
She doesn't have Adelsons kind of money DrToast Jan 2021 #6
Putting all your eggs in one basketcase SoonerPride Jan 2021 #7
Lol...Good one! DrToast Jan 2021 #8
"no...take his place" - *excellent*! Meanwhile, dance dance DANCE! UTUSN Jan 2021 #9

DBoon

(22,383 posts)
3. When Democrats consistently out-raise and out-spend them
Tue Jan 12, 2021, 05:36 PM
Jan 2021

they will suddenly get on the campaign finance reform bandwagon

 

Wellstone ruled

(34,661 posts)
4. Doubt it,
Tue Jan 12, 2021, 05:46 PM
Jan 2021

Sheldon is gone but his friends on the Casino Business Board,the likes of Carl Icahn,Phil Giffith,(Trumps Partner in three Casinos)Friteta Brothers,(Red Rock Casinos)Elon Musk,and others Run our state. via the Gaming Commission and the Las Vegas Convention and Visitor Bureau. Millions of dollars move from these folks toward GOP PACs around the USA.

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