Too Much Money in Politics
So Sheldon Adelson just met with John Boehner and Eric Cantor. Boehner and Cantor are two of the guys who get to decide whether or not we plunge over a fiscal cliff.
Normally some guy meeting with a few congresspeople wouldn’t be a big deal, even if those congresspeople harbored Presidential ambitions. But Adelson is in a different position. This is a guy who gave $100 million to various conservative political causes in the last cycle. (His candidates all lost.) Adelson has indicated that he could give even more in the next cycle.
The backing of a guy like Adelson is no guarantee of victory—but it’s definitely enough to make anybody a contender. So Sheldon Adelson is meeting with Boehner and Cantor—and both of them have to be thinking that if they make this guy happy they have a real shot at being the next President. That’s a heck of a lot of clout for one casino mogul to wield. And it gets even more concerning when you consider that if Boehner and Cantor can keep Adelson’s taxes lower, this is actually a reasonable investment for Adelson.