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Sheldon Adelson, Haym Solomon, And The Labor Unions: A Perspective

Updated on July 15, 2012

A major source of credit at the right moment made a big difference once before....

Saving the Republicans' chances one donor at a time?
Saving the Republicans' chances one donor at a time? | Source

I respect Mr. Adelson's explanation of his sizable donations to Republican candidates....

The outcome of the Battle of Yorktown, which literally secured America's independence from Great Britain, might have been very different except for a patriot named Haym Solomon. Haym Solomon answered Robert Morris' desperate request for the $20,000.00 George Washington had asked for in order to move his Continental Army forces from the Hudson to Yorktown. Once there, the fate of Cornwallis' forces was sealed.

In Election 2012, in part because of a ruling by the U. S. Supreme Court, funds available to those supporting the Democrats and those supporting the Republicans may well be seen to have done much to determine the outcome of the presidential and congressional races.

To match the massive funds the labor unions are able to give to the Democrats, the Republicans have to raise roughly equal funds from their donors. Sheldon Adelson and his wife Miriam are providing a lot of that support. The Democrats traditional donor George Soros is a very large supporter of their candidates.

Mr. and Mrs. Adelson, like George Soros, and labor unions, are among America's richest donors and sources of political funds.

The Adelsons' donations to Super Political Action Committees are not done in secret and thus have been well-publicized. Many of Mr. Soros' donations in the past are said to have been funneled less publicly through foundations and corporations he has been linked to. Labor union donations are directed to political purposes the unions leaders support on behalf of their dues-paying union members.

Both Mitt Romney and Barack Obama benefit from donations by their supporters, as well as from the monies coming in to their parties from all donors large and small.

With the Supreme Court's ruling which opened the way for large corporate donations to the Super Political Action Committees working for both sides, the several massive donations going into those committees are said to have distorted the influence of large donors over other legitimate concerns of the average donors.

While that may well be true, large donors such as the Adelsons, Mr. Soros, and the labor unions were all playing on the same level playing field in Election 2012, and they will continue doing so unless and until Congress passes legislation to restore greater balance which can limit such outsized influence by the largest donors.


© 2012 Demas W. Jasper All rights reserved.


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    • Perspycacious profile image

      Demas W Jasper 5 years ago from Today's America and The World Beyond I concur and have written Hubs to that effect. It is most important that people vote, preferably after studying Obama's record and his plans...should he be given another four years in the White House, and Romney's record, character, and plans for the next 4-8 years. Whichever one gets elected, the winner will need the country to rally around the hard choices ahead, and he should challenge us to take those challenges head-on and win.

    • profile image 5 years ago from upstate, NY

      I think it's great that large amounts of money can be given to political campaigns! The way I see it is that it takes alot of cash to get a quality message out, the Democrats for the most part control the nations institutions, so the Republicans need to neutralize that advantage with cash! The more the country knows about the two parties the better, I believe the Republicans have the truth on thier side!

      This election in 2012, may be the most important in our lifetimes, I am personally going to volunteer to get Romney elected!

    • Perspycacious profile image

      Demas W Jasper 5 years ago from Today's America and The World Beyond

      cynthtggt: Thanks for firing your guns! The current issue of "Time Magazine" states that the USA only spends 1.6% of GNP on infrastructure, while the average of countries like ours is over 50%. We are indeed slipping into games of catch up on both our infrastructure and our National Debt and personal debts while the current administration seems locked into unrealistic spending on other things including more debt. Incidentally the same issue of "Time" questions union pensions, too.

    • Perspycacious profile image

      Demas W Jasper 5 years ago from Today's America and The World Beyond

      Dr Billy Kidd: I heard Romney's supporters totalled 32 billionairs, but what is 2 or 3, right? Please give equal time to his opponentnt, or does the media only focus on the Republican candidate? The unions have done their fair share of "blasting" in winners in the past, so it is hard to feel sorry for them when the Treasury is still open for their business as cynthtggt points out. Off the charts benefits and hourly rates that result from "take it or leave it" strikes explain some of the inroads our foreign competitors have made, and some of the flight of capital to offshore labor markets. And where did you read about "ends Medicare and Social Security"? There will have to be changes at least actuarially because we live longer, retire longer, and medical costs have gone through the roof, but (sorry) the end is not in sight. If it were, the blame would have to go to the next Congress, where much of today's blame has to rest, too. If we don't trust them, by all means don't re-elect them!

    • glmclendon profile image

      glmclendon 5 years ago

      We no longer have goverment, for and by the people. We are going to have Goverment for and by the Corp. If this is okay with the people we must go for it.

      Stay Well

    • cynthtggt profile image

      cynthtggt 5 years ago from New York, NY

      Billy kidd - How many Super PACs does Obama have? Wall Street is the symbol of capitalism and they far-out gave more to Obama than McCain. As though Obama doesn't strong-arm the wealthy? Again, here it is: the lie of this administration, which is that they care for the poor. Like hell they do. They want power to control lives, and at the root of it all is a hate of the individual. Cookie cutter antics?

    • Dr Billy Kidd profile image

      Dr Billy Kidd 5 years ago from Sydney, Australia

      The Romney Super PACs have 35 billionaire donors who will buy the White House. The unions are being blasted by these same folks. We now have a plutocracy. Most people cannot handle the idea and so they doubt it. But when Romney breezes in with his cookie-cutter 1950s antics and ends Medicare and Social Security, people may get the message. The rich won the battle. And hey, why not, that's capitalism.

    • cynthtggt profile image

      cynthtggt 5 years ago from New York, NY

      Yes, and we ought to give pause to the fact that the stimulus that was supposed to help the economy instead went to union workers who in turn pay dues to unions who in turn support the Democratic party, expanding the scope of donations beyond the parameters of "donor". It is why all the stimulus had little impact or seen result, i.e., construction jobs, muncipal projects, etc.