The Corruption of Politics

Discussion in 'Politics' started by pbel, Jun 18, 2012.

  1. pbel
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    pbel Gold Member

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    Sheldon Adelson, Other Super PAC Donors Have Corporate Bribery Issues

    The Waltons are not alone among super PAC donors with businesses facing FCPA investigation. At least three other major contributors currently have FCPA worries, and others may be looming. The U.S. Chamber of Commerce, another big-money campaign spender, continues its lobbying to loosen enforcement of the anti-corruption law.

    Campaign finance watchdogs warn that limitless contributions to super PACs today could influence future priorities at the Department of Justice and the Securities and Exchange Commission, where FCPA investigations originate.

    "You've got a whole business community that wants to exercise whatever it takes to maximize their profits," said Craig Holman, Public Citizen's government affairs director. "These are the types of people who want to weaken oversight that would govern fair business practices."

    The most notable of the super PAC donors with FCPA concerns is Sheldon Adelson, international casino magnate and eighth richest person in the United States.

    Adelson and his family have already contributed $21.5 million to a super PAC that supported Newt Gingrich's presidential bid, $10 million to the pro-Romney super PAC and $5 million to a super PAC with close ties to House Republican leadership. A recent Huffington Post report found that he had given or promised to give $71 million to both super PACs and nonprofits spending money in the 2012 election.
     
  2. AgentBond007
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    AgentBond007 Platinum Member

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    Is the reason you posted this thread in this section because he's a Jew?
     

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