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URL:  http://boards.fool.com/so-to-recap-sheldon-adelson-the-billionaire-30415103.aspx

Subject:  Re: Sheldon Adelson Date:  12/5/2012  11:53 AM
Author:  LorenCobb Number:  414317 of 445605

So, to recap:

Sheldon Adelson -- the billionaire casino magnate who gave tens of millions of dollars to the campaigns of Gingrich and Romney -- believes in the following:

* Pro-choice abortion policies,
* Legalization for current illegal immigrants,
* Socialized (single-payer) medical care.

Yet he has supported the Republican Party since 1988, when he and his wife left the Democratic Party. What happened in 1988?

1988 was the year when the pro-Palestinian faction within the Democratic Party finally managed to win convention approval of a plank in the platform that endorsed a Palestinian State. This event came as a seismic shock to the pro-Israeli faction of the Democratic Party. It led immediately to the founding of the National Jewish Democratic Council, a group that would work outside the Party, not within it, to serve as a voice for pro-Israeli Jews. [details: www.pjvoice.com/v24/24400groups.aspx]

Adelson was among a group of people who were even more offended than those who founded the NJDC. He abandoned the Democratic Party entirely. Adelson's move was almost certainly reinforced by his ongoing battles with unions in Las Vegas. Those battles have been so bitter, and so relentless, that Adelson is now among the most virulently anti-union billionaires in the world (and that is saying something).

Loren
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