Sheldon Adelson got screwed, and some of the guys who did it are bragging:
Casino magnate Sheldon Adelson vowed to spend as much as $100 million to defeat President Barack Obama and help the GOP take control of Congress. According to two GOP fundraisers with close ties to the Las Vegas billionaire, he made good on that promise — and then some. Adelson ultimately upped the ante, spending closer to a previously unreported $150 million, the fundraisers said.
Adelson, a fierce critic of Obama’s foreign and domestic policies, has said that his humongous spending was spurred chiefly by his fear that a second Obama term would bring “vilification of people that were against him.” As that second term begins, Adelson’s international casino empire faces a rough road, with two federal criminal investigations into his business.
$30-40 of that $150 million went to Karl Rove, who at some point has to start running out of fools.
If some of the federal investigations into Sheldon’s casinos do bear fruit, he’ll try to get something out of that $150 million by casting himself as the victim, so perhaps he’ll get some ROI in the end, but it’s going to be damn little at best.