This is EXACTLY why the Citizens United ruling and unlimited money for campaigns is so wrong. Do we really want our President to be able to be bought and paid for?
Sheldon Adelson admits that the top reason why he is spending up to hundreds of millions of dollars to get Mitt Romney elected is because he is currently being charged with buying off politicians in China.. so in other words, he is buying off Mitt Romney to fend off charges for buying off politicians in China!
Here is a 2-hour interview where Adelson admits why he’s spending so much money to get Romney elected: Sheldon Adelson: Inside the mind of the mega-donor
He also stands to save potentially billions in taxes if Romney is elected, so perhaps he’ll spend up to a billion to get him elected!
Here is a summary over at the Huffington Post.