sheldon adelson says he'll spend $100 million to elect mitt romney.ew report says he could make a 2,000% return on that investment if mitt romney is elected president. i'll break down the numbers. stay tuned. >>> up next, $100 million may seem like a lot for one person to spend in an election. we'll have the details. >>> and tonight negotiations continue in chicago to end the teachers strike. they are not any closer to a deal. i'll ask chicago teachers union karen lewis the president about where it is at this hour. you can listen to my radio show on sirius radio. and like "the ed show" on facebook. multi-policy discount... paperless discount... paid in full discount... [yawning] homeowner's discount... safe driver discount... unicorn discount. unicorn wearing a sombrero. olé... countless discounts -- now, that's progressive. call or click today. welcome back to "the ed show." in our post citizens united democracy, millionaires like sheldon adelson, they really are in a sense taking over this country if you look at it. they have a lot of influence and

sheldon adelson says he'll spend $100 million to elect mitt romney.ew report says he could make a 2,000% return on that investment if mitt romney is elected president. i'll break down the numbers. stay tuned. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...but you still have to go to the gym. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> up next, $100 million may seem like a lot for one person to spend in an election. we'll have the details. >>> and tonight negotiations continue in chicago to end the teachers strike. they are not any closer to a deal. i'll ask chicago teachers union karen lewis the president about where it is at this hour. you c

sheldon adelson says he'll spend $100 million to elect mitt romney.e could make a 2000% return on that investment if mitt romney is elected president. i'll break down the numbers. stay tuned. w mbrace2 system... is i can follow all my sports... catch the latest breaking news... keep in touch with friends... follow the financial headlines... find a great restaurant... and with siriusxm i can get weather forecasts... all from here. in my mercedes-benz. [ male announcer ] introducing mbrace2. the most comprehensive cloud-based telematics system on the road. it's your world, from your car. mercedes-benz. the best or nothing. my brother doesn't look like a heart attack patient. i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. i'm a fighter and now i don't have that fear. >>> up next, $100 million may seem like a lot for one person to spend in an election. we'll have the details. >>> and tonight negotiations continue in chicago to end the teachers strike. they are not any closer to a deal

casino magonate sheldon adelson.ill remember sheldon adelson joined romney on his controversy-filled trip to israel this past summer. adelson has clear interest in israel. i owns an israeli newspaper. he's been a vocal advocate for a tougher american stance against iran on israel's behalf but now it looks like his motives for supporting romney could even be a little more selfish. many of you may know he's under a federal investigation into money laundering at his casino in las vegas and possible violation of bribery laws in china. some observers thought that perhaps he was hoping to shield himself from that investigation by supporting the right candidate. adelson seemed to admit as much to politico saying... >> jennifer: sounds like he doesn't want to get into trouble for illegal behavior so he's trying to switch referees. maybe he should have invested in the nfl instead. joining me now from new york to talk about campaign news of the day is katrina vanden heuvel, the editor and publisher of the "nation" magazine. so

you saw sheldon adelson, who pledged to give $100 million to the republican cause. of course, david koch was a member of the new york delegation and said he may give as much as $400 million. >> in their meetings, celebrations were going on behind the scenes? >> absolutely. it was not on screen for the most part. >> arun gupta, your covering not only inside the convention, but outside as well. >> essentially, a military zone, a war zone outside the convention that was certainly part of the strategy. protests were extremely limited. they were spirited, but maybe 500 to 1000 people at mess. it was quite remarkable. when you're moving with the protesters, there were blanketed by the media, then it was in his police bubble and surrounded by this surveillance. i think that was the intention. at one point, i happened upon the westboro baptist, the guys who hate fags bunch -- >> explain which you mean. >> an extremist religious group. it is basically one family. they show up at high-profile events with signs of lycee "gode hates fags." they show up at u.s. soldiers killed i

does sheldon adelson have competition?meone else was spending even more man than sheldon adelson to win the election this, how would we know? [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. look! she wears the scarlet markings! [ man ] out! your kind is not welcome here! nor your odd predilections! miracle whip is tangy and sweet, not odd. [ man ] it's evil! if you'd try it, you'd know. she speaketh the truth! [ crowd gasps ] [ woman ] reverend? ♪ can i have some? ♪ who have used a

does sheldon adelson have competition? if someone else was spending even more man than sheldon adelson to win the election this, how would we know? >>> okay. the secret mitt romney fund raiser video that kicked off mitt romney's very bad week last week is everywhere in the campaign now. and features in the new t.v. ad the obama campaign is in ohio today much it's also the subject of two obama campaign web videos. all reporting on this video has been different than everybody else's. we were part of the story how this came into the public eye in the first place. late last month a piece of the video was posted to a youtube account that was made to look like it was mine, even though it wasn't. this is a little bit of a geeky, technical issue but it's also connected to the video's impact. the quality of the video directly affects the ability to authenticate it, report on it, all the reasons and the ways that it functions in politics. check this out. after the fake maddow account was removed, the same person posted other clips f

who this whole war sort of mentality benefits sheldon adelson because most of his income comes from china and if. the g.o.p. platform has now announced basically that when they get and they're going to decree that china is a currency manipulator so the un he thinks will rise his income will go up so it's all about you could make graffiti polite but it's still graffiti you could say you're about freedom and liberty and all this other stuff when it's really just about destroying your competition getting monopoly powers and so forth crime so sheldon adelson of course you've mentioned his income comes from casinos to chinese casino so he knows a thing or two about chinese prostitutes and yeah they could run for congress and he's down there at the r. and c. in florida hobnobbing with everyone else who wants to get better there is johnny's prostitutes and that's the entire point of the entire convention was how best to get better johnny's prostitutes in ten easy lessons invision by clint eastwood that's what i do all my takeaway from the whole event was speaking of clint eastwood g.o

does sheldon adelson have competition? was spending even more man than sheldon adelson to win the election this, how would we know? bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should no

i'm not privy -- i'm not exactly privy to what happened behind closed doors, but i do know that sheldon adelsonhe video, and he is still contributing $100 million to romney which is not good. >> jennifer: do you have any evidence that the great shlep and these videos this year are going to have an effect of getting young people to the polls. >> we do know in 2008 the first video got 20 million views, and hundreds of people actually went down to florida and talked to their grandmas and grandpas to get them to vote for obama as it has been proven to help turn florida blue. the video that came out yesterday already has 2 million views. >> jennifer: that's fabulous. >> yeah it felt like we broke the internet for about five opinions. >> jennifer: what is going on there? why is this the best way to get the attention of millennial voters? >> okay. well i would say first i think the comedic videos they allow people to kind of have a point of entry that maybe they wouldn't necessarily have for some wonkier ideas. i think millennials are more aware of the obstacles that truly stan in our way. hope and ch

if he switches his money to democrats. >> the sheldon adelson one made me uncomfortable.nk: talking about sheldon adelson reaching a conclusion. >> right exactly. but i love this, she's trying to target younger people, younger voters. i love that. she's trying to inform them. it grabs everyone's attention. do you think everyone wants to watch voteer i.d. law stories everywhere welcome. >> cenk: except on "the young turks" of course. >> she's also going to elderly voters, let's not forget. she's working for this jewish super pac helps her credibility in numbers she can reach. >> cenk: and they're fighting back against so many pacs we're seeing. now another part of this drama about whether you should vote or not. sarah silverman is on one side, and lupe fiasco, who we've had on the show, said we shouldn't vote. >> cenk: so now, lupe gets mad and he starts tweeting. i love in a world where if you're mad you can start tweeting. that's a good world. he said, you put up $50,000 and i'll put up $50,000 and let's put out programs for our inner city youth. he said obama needs swin

my colleague was tracking with the super pac donors, like sheldon adelson and his wife were doing.delson showed up at needed for the republican jewish coalition, which he is given about $6 million to this election. it was closed to the press. at one point, sheldon adelson was sitting -- putting on a button that said "obama, oy vey ." >> mike burke attempted to ask sheldon adelson how much money he would be spending on this event, but his daughter intervened, grabbed the camera of our videographer hany massoud, was taking it into the suite and when our team reached for it, she dropped it on the ground, also pushing our producer back. that was our team's attempt to try to find out how much money is being spent. you can go to democracynow.org to see that. >> a lot of the donors would not acknowledge a much money they have spent, even though they are funneling millions of dollars are spending millions of dollars. >> and republican party? >> david koch was there. the americans for prosperity event. my colleague tried to go to the event and was firmly told he was not allowed to be there.

there graduations to sheldon adelson the caliph excuse me the casino mogul who's made a fortune in china and is now the record holder for the most money spent in an election here in the united states at least that we know about according to politico adelson has funded seventy million dollars to the republican party so far this election more than tripoli in the previous record of campaign spending by any single individual and while adelson hasn't shied away from the spotlight and is in fact proud of his attempts to buy the election for mitt romney there are a lot of other right wing millionaires and billionaires in the shadows who are also spending huge amounts of money that we don't know about you won't hear their names you won't see their faces but they're sure to have a profound effect in november if not on the white house than on the congressional and senate races across the nation and we can thank the supreme court citizens united decision in two thousand and ten for making it possible. according to a new report by the sunlight foundation more than three quarters of the four hundred

brown democrat from ohio senator brown welcome tom thank you you're cynical guy to think that sheldon adelson actually want something from mitt romney well in republican house so how can you think that well because he actually said it at that meeting with the koch brothers and he said there was a new gingrich i mean that's you know it's tax savings but it's also anti labor law it's when it's the sort of guy stillman's or the koch brothers or that boil interest it's it's weakening environment repealing environmental rules for all of its worth of scaling back labor law i mean it really is there they really want to buy the government internists and do a country of a few really wealthy people and everybody else i mean that's a clear yet take us back to the days that charles dickens wrote about him. what's it like being a senator who's devoted his service to taking on moneyed interests run for reelection in this post citizens united air well it's it's i mean i will not i will never whine or complain i consider privileged to want to get serve in the senate and second to to fight these people becaus

by the center for american progress reveals exactly why a billionaire like macao casino tycoon sheldon adelson is willing to spend huge amounts of money to get mitt romney elected and also his promise to spend at least one hundred million dollars helping romney win this election sounds like a lot of money but considering the tax breaks he'll get during iranian presidency for adelson it's nothing short of the cap report ailsa it stands to save more than two billion dollars in taxes under romney's plan thanks to romney's cuts in the top income tax rate dividends tax rate and capital gains tax rate and stands to win big not only that his errors due to as repeal the estate tax which romney is proposing will give the eight heirs nearly nine billion more in an era it's so as a doesn't a said before is hundred million dollars contribution isn't a contribution at all it's an investment in fact it's an investment with an eleven thousand percent return now we can all see why the oligarchy are so happy with the supreme court citizens united decision but on the flip side how are members of congress who ar

want limits on how much money america's oligarchy can spend in our elections billionaires like sheldon adelson and the koch brothers are pledging tens in some cases hundreds of millions of dollars to defeat president obama and progressives around the nation all thanks to the supreme court's citizens united decision a poll last april found that only fifteen percent of americans agree with that decision more americans believe in ghosts than agree with the supreme court's citizens united decision support around the country is there to to overturn citizens united now it's time to pressure lawmakers introducing a constitutional amendment that says corporations are not people and money is property not speech go to move to amend or. after the break conspiracy theories employed a large role throughout the obama presidency and they're in this election cycle conservatives constantly throwing them around but when it comes to conspiracy theories how do we separate the fact from the fiction lask out actor comedian and author richard belzer. download the official publication so choose your language stream q

when was the last time you heard sheldon adelson's name? the koch brothers kicking out a big check to romney. the political wisdom is that whenever you have the width of a -- the whiff of a losing campaign, the money starts to flee. that's looked like the case with mitt romney. and he's struggling to keep cash on hand. so to me, that's the biggest indicator that romney's campaign is in very, very serious trouble. but, of course in washington you never know. anything can happen to turn this thing, mitt romney is still within striking distance. >> eliot: joe, i love you dearly. did you mix metaphors? i think your point is right either way. sam, am i right? i just don't think any amount of money could salvage this campaign for mitt romney. he stands -- nobody likes him. >> i think you're right. the fat lady has sung and the fork is inside him. >> eliot: use both metaphors. >> not only are we seeing a lack of the big donors step up for the romney campaign, also outside expenditure groups like the super pacs starting to focus more on the -- beca

they think well what am i bothering to check all this stuff out if it's decided by people like sheldon adelson and the koch brothers for anyway and they're not wrong about that and then second of all there was a lot of people excited in two thousand and eight for change and hope and then you know some at least saw what president obama did and he had some progressive priories no question but overall did not bring the big change to washington he was talking about so they too no saying no turns out we're never going to get any change is going to be the same old system where the lobbyists and the donors went so you think we're kind of seeing the post citizens united effect i think so absolutely now look remember citizens united is not what ruined our politics in the first place it was actually a couple of decisions in the late one nine hundred seventy s. that first said corporations have first amendment rights and can spend money on politics with citizens united was it took the roof off its. put those earlier decisions on steroids and it went from corporations being able to pyaar politicians in su

romney asked on his position on libya last april at an event held by sheldon adelson., quote after his speech romney refused to take questions from reporters about his position on libya. instead, he and his wife, ann fled down a hallway and escaped up an escalator to avoid any answers questions about libya. after his saber rattling today even some republicans suggested that mitt romney was actually better off not saying anything at all especially after last night's events. here's conservative columnist peggy noonan on fox news. >> i don't feel that mr. romney has been doing himself any favors, say, in the past few hours perhaps since last night. sometimes when things happen, cool words or no words is the way to go. >> jennifer: honestly, he probably should have just run down the hall and escaped up an escalator. the kind of rhetoric he has put out in the middle of the crisis is not just inept, it is dangerous. now, romney does have some defenders. sarah palin, donald rumsfeld, well, as they say, you can certainly tell a lot about a person by the company that they keep.

. >> we're trying to follow karl rove and sheldon adelson as they go down the hallway down in the suites much money are you going to spend on this election? >> get off. >> i did not touch her. she ran into me. she grabbed the camera. >> cenk: well, as you can see some drama at the convention, and a bit of a hostile attitude. code pink was removed from the speech last night but michael shure tried to go in another direction. he asked republicans, can you say one nice thing about president obama? let's see what the result is. >> the republican initial convention we thought it would be a fun thing to do with all of these partisans to see as asifthey could say one nice thing about president barack obama. >> can you tell us one nice thing about president obama? >> he plays good basketball. >> he's good sports fan. >> can you say one nice thing about president obama. >> yes. >> he's a family man. >> 's good family guy. >> he has a great family life. >> can you say one night thing about president obama? >> he has a nice crease in his pants. >> bin laden was killed. >> he wears clothes beautiful

i'll give you an example of sheldon adelson and how much money he is going to save if mitt romney becomessident. [ bass thudding ] [ beads rattling ] spearmint that tingles as you chew. stimulate your senses. 5 gum. now in micro pack.

. >> his statement is more powerful than all the koch brothers and sheldon adelson money in the worldneed money to make the argument. how many seats are in that swing area? most of the 435 have been redistricted or jerry mannedderred. >> there are 66 districts that voted for president obama and/or john kerry that have republican member of congress, a tea party member of congress. that's our sweet spot. 6 districts. we have 75 in play. we need 25. speaker boehner admitted he thinks 50 of those republicans are in trouble. and we put 75 in play. >> eliot: i'll ask you a question, and i don't want to stump you. of those 75 you talked about how many of those members have been in obvious one or two terms. how many are recently elected. >> 63. >> eliot: there go. you know your stuff. you ask the question, and you got it. >> 63 seats in 2010 and there are 63 that we think we can get back. >> eliot: what is the driving issue, when you make the argument as you just did for medicare and medicaid in the middle class is that what swings voters. >> it's medicaid, medicare, it comes down to this. yo

billionaire casino magnet sheldon adelson has donated a record amount.is the first person to spend $70 mill yeb by election day. we thought with all of this money behind romney that would make more of a difference. >> and i still don't think we should underestimate the money behind the republican party. that being said, people still vote with their emotions. that's the number one reason people vote for a candidate. if romney does not connect with people emotionally, i don't think any amount of money would be able to save him. >> abby, i agree. i think people vote with their emotion and intellect. if they don't have a plan for the ibt elect, i don't know what you've got left. abby huntsman and erin mcpike, thank you for your time tonight. >> thank you. >>> american jobs available right now. but companies are having trouble filling them. our education nation guestsville a plan to fix it. >>> and first lady michelle obama takes on the fight for your voting rights in a passionate speech you'll want to see. [ male announcer ] the perfect photo... [ man ] nice

but when savvy businessmen like sheldon adelson, who've shelled out $36 million so far and expects to spend $100 million before the end of the election cycle, when somebody like that is spending that kind of money, they expect a tangible, monetizable payoff. >> another example? >> when you see legislation, for instance, having to do with casinos, and i think the key word there is jack abramoff, you see these things happening. >> did anything about the abramoff scandal surprise you? >> not at all. it was totally par for the course. >> what do you mean? >> that's the way influence works in washington. >> do you think it's still working now after abramoff? i think it's working in a similar fashion. when we see how ralph reed and grover norquist, they were the two other members of the three amigos. they're still out doing their thing. >> but what do we do about it? nothing seems to tame the power of money in politics. >> the only thing that will achieve it is fundamental political reform. and the only way you're going to get that is mass defection from the parties. because the parties sim

casino magnate sheldon adelson has pledged to spend up to $100 million to defeat president obama and the democrats this year. president obama and republican challenger mitt romney each campaign thursday in the hotly contested battleground state of virginia. both candidates attempted to court virginia's large population of military voters. in an address in the military town of virginia beach, obama called for what he termed "economic patriotism." >> during the campaign season you hear a lot about patriotism. well, you know what? it is time for an economic patriotism. in economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> mitt romney spoke at an american legion hall in springfield, virginia, not far from the pentagon. romney criticized obama over potential defense cuts and vowed to maintain u.s. military power. >> we're going to make sure to restore the principles this nation was built upon a freedom and opportunity and restore our economy and put people back to work, get rising take-home pay again. we're going to make su

a new report shows the billionaire casino mogul and top politician donor sheldon adelson stands to reap a massive tax windfall should mitt romney win the presidential election. according to the center for american progress, romney's policies would save adelson more than $2 billion in taxes. the savings would come through a combination of romney's proposals to cut the rate for top earners, avoid or exempt foreign profits, and maintain low rates on dividends and capital gains. residents opposed to the new york police department's controversial stop and frisk policy rallied in new york on thursday as part of a nationwide campaign to "blow the whistle" on police abuses. protesters from los angeles to new york sought to draw attention to police brutality and the disproportionate targeting of people of color. the organizer joined dozens of other protesters in harlem. >> we will see how the police respond. they may step back and hope we will stop after a while and things can go back to normal, but we're determined not to go back to normal because normal is people being stepped on by the police

this comes with news that conservative super pacs like the one funded by sheldon adelson are now targetedates which could force democrats to spend money they did not anticipate. let's bring in andrew romano. this comes as a new poll shows that three-quarters of voters now worried about outside cash in the campaigns. let's start by looking at one of the ads. first we have one from crossroads gps, a super pac funded by karl rove. >> the president who skips half of his intelligence briefings but finds time to play more than 100 rounds of golf. hits the campaign trail after a u.s. ambassador is murdered in the line of duty. mr. president, it's time to show up for work. >> what stands out about that ad? >> well, it stands out, the lack of context. this is a perfect example of a republican-leaning, a conservative ad that's extremely misleading. essentially the accusation that obama skips his intelligence briefings is completely unfounded. he gets his briefings by ipad or on paper whenever he's in the white house, he has meetings with his intelligence advisers. so this is just a remarkably misle