web analytics
April 17, 2014 / 17 Nisan, 5774
At a Glance

Posts Tagged ‘Sheldon Adelson’

How the EU Will Reverse Itself, in Three Easy Steps

Wednesday, July 17th, 2013

Yesterday’s announcement by the European Union, to block funding to any organization that has direct or indirect ties over the Green Line (Jerusalem, Golan, Judea and Samaria), unless they are a leftwing organization, has shocked Israel.

The overt anti-Semitism, the transparent politicization, and the blatant chutzpa took Israel by surprise. Worse, at first it felt as if Israel were trapped in a corner with no options to respond.

But reality is different.

The EU is in bad shape. It has economic problems, social problems, and credibility problems.

With its most recent action, the EU overplayed its hand, not considering the backlash the decision could cause.

Some responses Israel may choose would hurt the EU quite a bit.

THE PEACE PROCESS

In March 2012, following a UN attack on Israel that went too far, Israel announced a boycott of the UN Human Rights Council, declaring it a “superfluous and extravagant body” that Israel would have no connection to anymore.

This caused an earthquake in the UN, and it still threatens to destroy the credibility and legitimacy of the council.

Most importantly, Israel’s declaration has forced the HRC to take clear steps to correct itself.

The first action Israel must take here as well is the most obvious one: the EU craves legitimacy on the international stage. With wildcat strikes hitting Greece, Spain, and Portugal, to name but three ailing EU members, the organization must prove it is relevant and credible.

Israel should expel the EU from the Peace Process.

Israel should declare—something Prime Minister Netanyahu was hinting at in his Tuesday night statement—that the EU and all its member states will no longer be considered honest brokers, and no Israeli official will meet with them on any issue related to the Peace Process. It only takes a simple statement, and it will be enough to cause them to capitulate.

Any member state wishing to be included in the peace process must sign a statement that the territories of east Jerusalem, Judea and Samaria and the Golan Heights are in dispute and their fate will be determined through direct negotiations. It must also commit to disregarding the EU directive regarding those same territories.

Be firm and consistent – they will fold.

Israel is an important trade partner with Europe, and its third largest trade partner in the region following the UAE and Saudi Arabia. Israel buys from Europe more than it sells. A retaliatory trade war and boycott in response to their expulsion from the Peace Process would hurt the already flailing European economy, it’s the last thing they want, and not a step they would take in response.

DIVIDE AND CONQUOR

Next Israel must immediately pass the Foreign Agents Act, with an additional stipulation.

As the EU’s declaration makes it clear that they will now only be financially supporting NGOs on the far left, Israel must make it clear that any NGOs receiving EU funding are de facto foreign agents. These NGOs fund raising will be curtailed, their access to Israeli government officials would be restricted, and their entry into the Knesset will be forbidden.

Watch the left wing NGOs quietly pressuring the EU to back off their directive.

All it takes is a firm conviction on our part.

REPLACEMENT THERAPY

The third step is financial.

The EU invested close to 1 billion dollars in research grants and investments, some of which could now be lost.

Israel should approach private, patriotic wealthy Jews — Sheldon Adelson, who put his money where his mouth was this past U.S. election, comes to mind — to pick up the slack. In return, those who invest in Israeli research will reap the benefits in royalties, shared patent ownership and so on. They could stand to make a lot of money.

Stand your ground, don’t blink, they’ll blink first.

Israel Honors Adelson with Tourism Award

Tuesday, May 28th, 2013

Tourist Minister Uzi Landau and  Taglit-Birthright presented American Jewish billionaire Sheldon Adelson with an honorary award on innovation and excellence in global tourism at the Second Jerusalem International Tourism Summit.

Adelson has “changed the face of tourism on three continents,” said the speakers who awarded the gambling casino tycoon.

Last week, Birthright Israel said Adelson is contributing another $40 million for the 10-day trips to Israel for young Jewish adults who never have visited the country.

Bloomberg Rated as World’s 13th Richest Billionaire

Monday, March 4th, 2013

New York Mayor Mike Bloomberg’s worth is now around $27 billion, according to Forbes, placing him as the 13th richest billionaire in the world.

At the top of the list for the second year in a  row is Mexico’s telecom entrepreneur Carlos Slim Helu and his family, whose worth is an astonishing $73 billion.

Oracle CEO Larry Ellison, who was born to an unwed Jewish mother, is in firth place at $43 billion. He is the world’s richest Jew, followed by the 10th richest man, French businessman and art collector Bernard Arnault and his family, with an estimated worth of $29 billion.

Gambling casino mogul Sheldon Adelson was in 15th place two spots behind Bloomberg, with a word of $26.5 billion.

The world’s rich-poor gap continues to grow. The Forbes list of billionaires has grown to 1,426 names, whose collective net worth is $5.4 trillion.

For comparison, the US national debt is now at $16.7 trillion.

Sheldon Adelson’s Corporation Admits ‘Likely’ Anti-bribery Violation

Sunday, March 3rd, 2013

The Las Vegas Sands Corporation, controlled by billionaire Sheldon G. Adelson, has informed the Securities and Exchange Commission that it likely violated a federal law against bribing foreign officials, the NY Times reported.

The admission was included in the Sands’ annual regulatory report published by the commission on Friday, in which the Sands reported that “there were likely violations of the books and records and internal controls provisions” of the Foreign Corrupt Practices Act.

The Times noted that the above disclosure came while investigations by both the Securities and Exchange Commission and the Department of Justice and the Federal Bureau are investigating the company’s business activities in China.

This is the first time the Sands has publicly acknowledged possible wrongdoing. Ron Reese, a spokesman for the Sands, declined to comment on the Times’ report.

Federal investigators started paying attention to the Sands’ business in China after a 2010 wrongful-termination lawsuit filed by Steven C. Jacobs, the Sands’ former president of the company’s operations in Macau.

Jacobs accused the Sands of turning a blind eye toward Chinese organized crime figures operating in its casinos.

According to the Times, Chinese authorities have fined some Sands subsidiaries more than a million dollars for using unreported money for business purposes.

Sheldon Adelson’s Macau operation has made him one of the richest people in the world, with a fortune that stands, according to Forbes, at just under $25 billion.

Adelson is a personal friend of Prime Minister Benjamin Netanyahu, and his Hebrew daily Israel Hayom frequently runs articles supporting the PM.

Adelson Sues Wall Street Journal Reporter for Libel

Tuesday, February 26th, 2013

Casino mogul Sheldon Adelson sued a Wall Street Journal reporter for libel for calling him “foul-mouthed.”

The lawsuit filed last Friday seeks “damages, including aggravated, exemplary and special damages,” for a December article co-written by Kate O’Keeffe. Only O’Keefe is named in the suit, The Wall Street Journal reported Monday.

“We will vigorously defend Ms. O’Keeffe in this lawsuit,” said a Wall Street Journal spokeswoman, declining to comment further.

Last August, Adelson sued the National Jewish Democratic Council for defamation after the organization quoted news reports alleging that he had approved of prostitution at his properties in Macau, China. The suit has not been settled.

J Street Boasting of Defeating Israel’s Friends, But its Relevance Is Questionable

Monday, November 12th, 2012

Given the large election majority received by President Obama and many other of their favored candidates, a reasonable morning-after position for a group such as J Street would be one of quiet satisfaction, or even – why not? – gleeful rejoicing.

But J Street, which has rarely met a critic of Israel it didn’t like, instead tried to promote itself as an integral part of the campaign, a driving wind propelling Democratic victories. So eager to claim a starring role, J Street released details of several exit polls they commissioned which, upon examination, tell far more about how little J Street matters.

But first, to refresh your memory regarding the quality of candidates supported by J Street:

In the Wisconsin race for U.S. Senator, the Democratic contender, Congresswoman Tammy Baldwin, defeated former Wisconsin governor Republican Tommy Thompson. Although Israel was not much of an issue in the race, the Emergency Committee for Israel, a staunchly pro-Israel organization with conservative political roots, aired an ad attacking what they called Baldwin’s anti-Israel position during her congressional career.

ECI said Baldwin was “nothing less than hostile to the U.S.-Israel alliance. She has accused Israel of war crimes, befriended anti-Israel groups, refused to sign bipartisan letters of support for Israel, and defended the libelous Goldstone Report.”

Yes, that was J Street’s candidate in that race.

J Street supported Cheri Bustos in the 17th Congressional District of Illinois, and she defeated Republican Bobby Schilling. Unlike Baldwin, Bustos has nothing whatsover to say about foreign policy. Her issues are jobs, the economy, Medicare and Social Security, and the second Amendment. But in losing Schilling, Israel has lost a great friend in Congress, with a 0 rating by the Arab American Institute.

There goes another J Street-targeted friend of Israel.

And, as was to by expected, J Street threw their support behind the CAIR and Hamas man in Washington, Rep. Keith Ellison of Minnesota. He is a regular at CAIR fundraisers and pro-Hamas rallies. A former member in Farrakhan’s Nation of Islam, Ellison has also participated, later in life, in interfaith dialogue (mostly with Reform rabbis). Even if we were to discard past accusations of Antisemitism and his defense of Farrakhan – what business does a Jewish PAC have supporting him?

J Street also supported Rep. John Dingell of Michigan, one of the most widely recognized anti-Israel members of Congress. With a +3 rating by the Arab American Institute, Dingell voted No on withholding US contributions until the UN retracts accusations of Israeli war crimes, on opposing any unilateral declaration of a Palestinian state, and Absent on a bill to ensure that United States taxpayer dollars are not used to fund terrorist entities in Lebanon. What point is J street making by giving him PAC money, and why are they so happy he won?

LITTLE ACTUAL INFLUENCE

The above short list demonstrates rather well J Street’s agenda in these elections, but the fact that candidates they supported have won does not mean that the organization’s contribution actually got them over the threshold.

J Street’s president, Jeremy Ben-Ami, boasted in an email sent out to thousands with the subject line “Astounding! J Street Goes 71 for 70 on Election Day,” but with respect to Jewish voters—whom J Street claims it represents, and whom it is trying to persuade—in very few of the campaigns in which it contributed heavily did the Jewish voters who were in play make a difference.

In an upstate New York race, Rep. Ann Marie Buerkle (R) was defeated by the man she herself had defeated two years ago, Dan Maffei. J Street backed Maffei, but the hot issue in that race was abortion, not Israel. Maffei successfully tied Buerkle to Missouri’s Republican contender for Senator Todd Akin, notorious for his unfortunate “legitimate rape” comment.

In Florida, Republican Rep. Allen West was defeated by Patrick Murphy in an extremely tight race. West was redistricted out of his comfortable seat, and Israel was far down on the list of issues on which Murphy focused.

In Illinois, Democrat Tammy Duckworth defeated sitting Congressman Joe Walsh. Walsh is an ardent Israel supporter, but the district they battled over is a majority Democratic one, and Duckworth had received the endorsement of Chicago Mayor Rahm Emanuel. The focus of her attention was energy, the economy and education – not Israel.

And in Ohio, where Democratic Senator Sherrod Brown handily won over his upstart Republican challenger Josh Mandell, a New York Times editorial written by Mitt Romney back in 2oo8 probably did more to defeat any Ohio Republican challenger for office in 2012. In this state, second only to Michigan for auto-related employment, Romney’s opposition to the automobile industry bailout and his op-ed, “Let Detroit Go Bankrupt,” was just too much of a kick in the home state face to overcome. Even though what Romney actually called for was a re-structuring of the car companies, a “managed bankruptcy,” the details were swept away while the headline hung there and hanged the Republicans.

It is clear that J Street’s role in this year’s election was basically irrelevant, and certainly far humbler than its own superlative: “astounding.” While revealing just how unabashedly anti-Israel their choices are, Ben-Ami et al simply have not demonstrated that they mobilized the Jewish vote in a direction it wasn’t already following.

DISMAYING POLL RESULTS

The Republican Jewish Coalition also released poll results, in which they tracked the same few Jews, in virtually the same ways, and received pretty much the same results.

In the broadest terms: Obama won. He won big amongst Jews. No argument from either group. According to the RJC, Romney received just under 32 percent of the votes cast by Jews, according to J Street, Romney received 30%. Not such a big difference.

Where the information and the analysis did begin to differ, was in determining whether there was a significant decrease in Jews voting for Obama this election, versus 2008. While most agreed that Barack Obama received approximately 78% of the Jewish vote in 2008, J Street is now claiming that a more recent calculation revised that number downwards to 74%. With the four fewer percentage points in 2008, and a two point lower estimate in 2012, the differences become more significant.

If, as the RJC claims, there was a 10% increase in Jews voting for the Republican presidential candidate, which amounts to a 50% gain (22% of American Jews cast their vote for McCain in 2008, and 32% of American Jews cast their vote for Romney in 2012), that reflects a recognizable and significantly growing trend, albeit with only two data points.

If you accept J Street’s sudden revision of historic facts, claiming that a greater percentage of Jews cast their votes for the Republican candidate in 2008, and, consequently, that somewhat fewer Jews voted for Romney this time around, the loss of Jewish voters to the Democratic candidate becomes only four percentage points, which means that over the lifetime of Obama’s “blocking back,” J Street, there have not been nearly as many Jews jumping from the Democrats’ ship.

Either way, of course, far fewer Jews cast their votes for President Obama this time around, and either way, of course, President Obama remains in office for four more years.

First, the information provided by the exit polls paints an alarming picture, even without looking at whom the respondents chose.

For Jewish Press readers, there’s a frightening picture that calls out for action: American voting Jews don’t care all that much about Israel, and they really don’t care about Israel’s number one concern: Iran.

The J Street and the RJC polls asked the question slightly differently, but either way, only about 10% of American Jews consider Israel to be an issue that drives their voting decisions (J Street poll), and for more than 21% Israel is of no importance in making the decision for whom to vote (RJC poll). To look on the bright side, slightly more than 75% consider Israel to be either very important (30.2%) or somewhat important (46.3%). But still, we are talking about Jews here, not the general public.

The denominational breakdown between the two polls is of vital interest: 11.9% of the RJC poll respondents identified as Orthodox and 31.1% identified as Conservative, while only 10% of the J Street poll respondents identified as Orthodox and 27% identified as Conservative. In both polls the largest denomination was the Reform movement.

Only the RJC poll asked about synagogue attendance, but the responses there were interesting. Slightly more than 25% of those answering the poll claimed they attend synagogue almost every day or once a week, but 13.9% said they never attend, and nearly 2% refused to answer the question.

One quirky finding is who received high favorability ratings. President Obama garnered a 60% favorability rating, the second highest of those included in the question (Bill Clinton received the highest). But Israeli Prime Minister Binyamin Netanyahu received a 59% rating, beating even Vice President Joe Biden, who came in with a 54% rating. And DNC Chair Cong. Debbie Wasserman Schultz had a 46% favorability rating — that’s far below any of the other Democrats, Netanyahu, or the Democratic Party as a whole.

Although Iran and Israel are not significant voting issues for American Jews, fewer than half of those polled think that sanctions and diplomacy as tools for dealing with Iran’s nuclear race should be given more time, and a full 35% think those methods have failed.

The RJC poll asked about respondents’ understanding of Barack Obama’s attitude towards Israel and the Palestinian Arabs. Nearly 45% believe Barack Obama is more pro-Israel, 22.8% more pro-Palestinian, and 17.4 believes he is neutral, while a full 15.3 either refused to answer the question or said they did not know.

So, strangely enough, while J Street cannot show serious influence in this election, essentially cheering races that would have been won without them – the overall picture emerging from the polls of Jewish voters’ attitudes are an icy shower to American Jews with traditional Jewish values.

Yori Yanover contributed to this article.

Sheldon Adelson’s Casino Reaching Deal with Feds on Money-Laundering

Monday, October 29th, 2012

Federal prosecutors and pro-Israel Republican stalwart Sheldon Adelson’s casino company Las Vegas Sands Corp. may have come to an understanding on issues pertaining to money-laundering laws allegedly violated in the cases of two criminal high-rollers, the Wall Street Journal reports.

Lawyers for the Sands and federal prosecutors met on Thursday after the Sands failed to obtain a dismissal.  Prosecutors threatened to charge the Sands and a company executive with conspiracy to commit money laundering.

Now, the prosecution may indeed drop the case, with the Sands paying a fine and updating regulations on handling customer money.

Sands representatives stated that the casino was cooperating with federal investigations and denied any wrongdoing.

Las Vegas Sands was investigated when it allegedly failed to report a potentially suspicious financial transaction by two wealthy gamblers to the federal government.  The two apparently worked millions of dollars in “dirty” money through the accounts of the casino operator.  The cases hinge on whether it was possible for executives of the Sands to know that the money could have come from illegal activities, and whether they should have had reasonable enough suspicion to alert law enforcement.

One, Zhenli Ye Gon, a Chinese citizen with a Mexican pharmaceutical factory, was charged in 2007 with manufacturing a component of methamphetamine, during which time evidence showed he had spent over $100 million at Las Vegas casinos.  Charges against him were later dropped by federal prosecutors.  But the case raised concerns over whether the Sands failed to report deposits made by a suspicious person.

For their part, the Sands said it performed due diligence measures to ensure the cleanliness of the money, even hiring a private investigator to determine whether Ye Gon was legitimate.

The second case, of former Fry’s Electronics executive and admitted 2009 kickback schemer Ausaf Umar Siddiqui, who made major transactions at the Sands despite an apparent history of being unable to pay gambling debts.

The Sands is also being investigated regarding alleged bribes paid overseas.  The company has maintained its innocence.

Adelson, owner of the Sands, is also the owner of the Israel HaYom newspaper, has contributed over $100 million to the Birthright Israel project to connect Jewish youth to their roots through his family foundation, and is married to an Israeli physician, Miriam Ochsorn.

Adelsons Again Donate $500K to Super PAC Supporting Boteach

Wednesday, October 17th, 2012

Casino magnate Sheldon Adelson and his wife for a second time have given $500,000 to a Super PAC supporting Rabbi Shmuley Boteach’s bid for Congress.

The Adelsons gave the money to the Patriot Prosperity PAC, The Wall Street Journal reported, citing people with knowledge of the gift, after having given the same amount earlier this year. They also gave $10,000 directly to the Boteach campaign.

Boteach is running as the Republican candidate in New Jersey’s 9th Congressional District against eight-term incumbent Rep. Bill Pascrell (D-N.J.).

Boteach, who once was affiliated with the Chabad movement, bills himself as “America’s Rabbi.” He hosts a show on TLC called “Shalom in the Home” and is the author of several books, including “Kosher Sex,” “Kosher Adultery,” “The Kosher Sutra” and, most recently, “Kosher Jesus.”

Adelson has said multiple times that a candidate’s support for Israel is critical to whether he gives and how much. He has given $10 million to a Super PAC supporting Republican presidential candidate Mitt Romney, and earlier in the campaign put $20 million toward Newt Gingrich’s GOP primary bid.

Super PACs can raise unlimited sums from corporations, unions and other groups, as well as individuals, and indirectly support a political candidate. They cannot by law coordinate with the candidate’s official campaign.

Printed from: http://www.jewishpress.com/news/adelsons-again-donate-500k-to-super-pac-supporting-boteach/2012/10/17/

Scan this QR code to visit this page online: