$2 billion price tag for presidential election

By STEPHEN BRAUN and JACK GILLUM

World Dec. 07, 2012 - 02:45PM JST ( 10 )

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10 Comments

-1

SuperLibDec. 07, 2012 - 02:51PM JST

Roughly the same amount Americans spend on chewing gum every year.
-1

zichiDec. 07, 2012 - 02:53PM JST

About the same spent on bags of chips.
1

Herve Nmn L'EisaDec. 07, 2012 - 03:06PM JST

And more than one year's budget deficit. All for naught.
2

ubikwitDec. 07, 2012 - 07:53PM JST

Adelson recently told The Wall Street Journal that he would double his $100 investment in Republican causes by the next election and he has the financial muscle to do it. His massive campaign donations are backed by his lucrative casino holdings in the U.S. and Macau. The most recent November quarterly statement of his Las Vegas Sands Corp. estimated that Adelson’s casino revenues surged $1.11 billion in the first nine months of 2012 compared with the same period in 2011.

Fortunately the people spending money at his casinos weren't buying the lies being sold by the candidates the merchant of something-for-nothing was trying to boost into office.
1

Thomas AndersonDec. 07, 2012 - 08:27PM JST

Jesus what a waste of money... American presidency depends on who can gather the most amount of donations. It's already a country run by corporations.
3

FadamorDec. 07, 2012 - 10:54PM JST

This is a direct result of the Supreme Court declaring corporations to be "people" - meaning they could start Political Action Committes and raise money for political parties.
4

SuperLibDec. 07, 2012 - 11:30PM JST

The "money buys elections" theory has been debunked. Obama won by getting people to the polls, something Romney thought he couldn't do.

Money buying influence.....that's a different story.
1

globalwatcherDec. 08, 2012 - 04:21AM JST

This guy has already pledged publicly that he would double his donation to GOP for 2016 election. Now US is run by the top 2%.
3

TriumvereDec. 08, 2012 - 05:54AM JST

So, some rich dudes and corporations ponied up huge sums to influence the election. Turns out, their money didn't buy them a whole lot. I guess the best way to look at it is as a wealth distribution mechanism.
0

flowersDec. 08, 2012 - 08:17AM JST

The election is all about money and a lot of it. So the rich is supporting the rich and the poor gets to choose one of the rich. This is really democratic and fair!