{"id":6919,"date":"2012-01-29T00:12:13","date_gmt":"2012-01-29T08:12:13","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=6919"},"modified":"2012-01-29T00:12:13","modified_gmt":"2012-01-29T08:12:13","slug":"why-newt-is-still-in-the-race","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2012\/01\/29\/why-newt-is-still-in-the-race\/","title":{"rendered":"Why Newt Is Still in the Race"},"content":{"rendered":"

As we came out of New Hampshire, Newt Gingrich was almost back, way back in the race and devoting more time to selling his book than to campaigning.  Suddenly, he surged into contention winning South Carolina.  There is more than one reason this has happened.  In fact there are ten million reasons, all emanating from one corporate criminal.  It begs the question, \u201cWhy would anyone pay so much to elect Newt?\u201d<\/font><\/p>\n

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\"29las-vegas-sands\"Billionaire casino mogul Sheldon Adelson and his wife, Miriam, who have reportedly given a combined $10 million to Winning Our Future, the super PAC that supports and is run by former staffers of Republican presidential candidate Newt Gingrich<\/strong>, were reportedly drawn to him<\/a> by a shared view of the importance of the U.S. relationship to Israel.<\/p>\n

But a review of public records by Sunlight suggests that the couple, who appears to be the former House speaker’s most generous political patrons pending the filing of Winning Our Future’s first complete financial disclosures later this month with the Federal Election Commission, have considerable financial interests involved in battles with the federal government that Gingrich is vying to head: <\/p>\n

Adelson’s company, the Las Vegas Sands, disclosed<\/a> in its most recent Securities and Exchange Commission quarterly report that it appealed the results of an Internal Revenue Service audit for the company’s 2005 to 2008 tax returns. The audit may result in as much as $23 million in additional tax payments<\/strong>, although the final amount, the company concedes, is "inherently uncertain." The IRS also audited Las Vegas Sands’ 2009 return, and recommended additional payments<\/strong>. The filings with the SEC do not list the specific issues in the returns. Forbes reports<\/a> that Las Vegas Sands has "many unusual transactions between the company or its subsidiaries and entities controlled by Mr. Adelson," some of which could have tax implications<\/strong>… [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <Alternet<\/a>><\/p>\n

Is the reason clearer now?  The only reason Gingrich is still in the race is that a corporate  criminal has reason to expect quid pro quo<\/em> in shutting down investigations into his tax evasion.  Buying the richer Rmoney<\/em> would have been far more expensive.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

As we came out of New Hampshire, Newt Gingrich was almost back, way back in the race and devoting more time to selling his book than to campaigning.  Suddenly, he surged into contention winning South Carolina.  There is more than one reason this has happened.  In fact there are ten million reasons, all emanating from […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6919","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/6919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=6919"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/6919\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=6919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=6919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=6919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}