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Hufington Post - In August, The New York Times wondered aloud what the rest of the political world wanted to know: Does Sheldon Adelson's effort to put Mitt Romney in the White House have anything to do with the federal criminal investigation into his company's business practices?
The Times editorial page mused that "since Mr. Adelson's financial future is riding on the outcome of these federal investigations, it is legitimate to ask whether he has motivation for supporting the Republican ticket so lavishly, beyond his sharp disagreement with the Obama administration's position on the Israeli-Palestinian peace process."
In a wide-ranging, two-hour interview with Politico's Mike Allen published Monday, Adelson himself answered the question.
The top reason Adelson gave for backing Romney and opposing President Barack Obama is "self defense," as Allen put it, referencing the probe into Las Vegas Sands Corp. "Adelson said a second Obama term would bring government 'vilification of people that were against him.' He thinks he would be at the top of that list and contends that he already has been targeted for his political activity," Allen wrote.
Adelson's casino empire, the bulk of which is based in Asia, is being investigated for bribery and money laundering. He told Allen that Justice Department officials have been disparaging him in the press. "When I see what's happening to me and this company, about accusations that are unfounded -- that kind of behavior ... has to stop," he told Allen.
In other words, Adelson is spending millions of dollars to curry political favor in the United States, hoping to fend off charges that he spent millions of dollars to curry political favor in Asia.
... Adelson has said he's willing to spend $100 million or more to unseat President Obama, by far a record amount of giving.
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