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On Friday January 6th, billionaire Sheldon Adelson donated five million dollars to super PAC "Winning our Future" in order to help his longtime friend, Newt Gingrich. This donation will give Gingrich a boost since his presidential desires have been crushed by the myriad of negative ads coming from Romney's supporters. A majority of this money has already been invested in an advertising campaign in South Carolina where the primary is approaching quickly. The Super PAC plans to expose Romney's executive position at a equity firm called Bain Capital where he allegedly destroyed many jobs and took advantage of the companies' workers. With Gingrich not far behind in the polls in South Carolina, this boost may prove to be crucial in his campaign.
This donation by Sheldon Adelson is significant because it exemplifies the fact that a rich person can influence an election.
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