Billionaire Couple Give Newt Gingrich PAC $10 Million
Newt Gingrich has taken $10 million (so far) from a PAC funded by Las Vegas billionaire Sheldon Adelman and his wife.
What's Newt doing with the money? He's bought $6 million of ad time in Florida.
Newt, of course, pretends people power is fueling his campaign:
"Gov. Romney will have vastly more money than I will," Gingrich said, but suggested he has more grassroots support. "People power beats money power every time."
Adelson owns, among other things, the Venetian Hotel in Las Vegas. I'm crossing that one off my list of places to stay.
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