Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
2 Days, 2 Billion Dollars - So Much Corruption It's Almost Incomprehensible
Posted
April 12, 2014
Views
77,560
Likes
1,732
Comments
437
Engagement
2.80%
April 12, 2014
77,560
1,732
437
2.80%
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8:15Now Playing"On Monday and Tuesday of this week, casino billionaire and Republican überdonor Sheldon Adelson's net worth increased by $2.1 billion, largely due to a spike in the value of his company's stock and a divided payout. The next day, the Supreme Court handed down a 5-4 decision that effectively legalized various money laundering schemes donors like Adelson can use to shunt millions of dollars to Republican candidates and party organizations.
The $2.1 billion Adelson gained over just two days is more than four times the total amount of money former Massachusetts Gov. Mitt Romney spent in his unsuccessful bid for the White House in 2012. According to the Center for Responsive Politics, Romney spent a total of $433,281,516 in 2012, meaning that Adelson earned enough money on Monday and Tuesday of this week to fund the Romney campaign four times over — and still have more than $366 million left for a rainy day fund."* Desi Doyen (Green News Report), John Iadarola (TYT University) and Jayar Jackson break it down.
*Read more here from Ian Millhiser / Think Progress:
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