Engineering, 04.04.2020 07:27 queengenni

Sheldon Adelson’s financial contributions to both Newt Gingrich’s political campaign and Donald Trump’s political campaign is an example of the proletariat trying to manage the laws that govern the economy.

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Answer from: ssalazc1593

Sheldon Adelson’s financial contributions to both Newt Gingrich’s and Donald Trump’s political campaign is given below.

Explanation:

1.Sheldon Adelson is the chairman and CEO of the Las Vegas Sands Corporation. He has contributed to numerous Republican campaigns and organizations. He supported Newt Gingrich and Mitt Romney in the 2012 presidential campaign and Donald Trump in the 2016 campaign.

2. Adelson donated to American Solutions for Winning the Future, a political action committee connected with Newt Gingrich, and supported Gingrich's presidential campaign in 2012.He donated to Mitt Romney’s presidential campaign after Gingrich dropped out of the race.

3. Casino mogul Sheldon Adelson has given $5 million to an independent committee supporting GOP presidential aspirant Newt Gingrich, the first of what is expected to be many millions the Las Vegas billionaire plans to spend this election year. The check from Adelson is the latest in an avalanche of campaign cash flooding the presidential season to independent groups known as Super PACs The check was cut on Friday to Winning Our Future, a group run by former Gingrich associates, according to two people close to the donor.

4. He sat out the Republican primary season during the 2016 presidential campaign but on September 23, he announced a $25 million donation to Donald Trump's 2016 presidential campaign, making him the largest donor to the Trump campaign and the largest donor in the presidential election.

5. The billionaire casino owner Sheldon Adelson, an ardent pro-Israel conservative, is expected to donate at least $100m to boost Donald Trump’s 2020 re-election efforts and Republican congressional candidates this fall, say three Republican fundraisers familiar with Adelson’s initial plans.

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