Gingrich Campaign Gets Another $10 Million

Posted: Feb 17, 2012 7:09 PM

Well, it looks like the not-Romney pendulum may swing back again. CBS News reports that Sheldon Adelson is prepared to donate another $10 million to the Gingrich Super PAC, Winning Our Future. Goody:


Former House Speaker Newt Gingrich's faltering campaign is expected to get another shot in the arm, CBS News has learned.

Billionaire casino magnate Sheldon Adelson plans to give another $10 million to the outside group backing the former Georgia lawmaker who is running behind former Massachusetts Gov. Mitt Romney and former Pennsylvania Sen. Rick Santorum in the race for the Republican presidential nomination, a source close to Adelson told CBS News.

Adleson and his family have already given $11 million to "Winning our Future," the super PAC backing Gingrich. The group, which bombarded the airwaves in South Carolina last month ahead of the primary there, is largely credited with helping Gingrich win in the Palmetto state.

What do you think this means? Is this going to give Newt Gingrich a much needed boost, or have conservative voters consolidated behind Rick Santorum? Over at HotAir, AllahPundit speculates that it may serve another purpose altogether:

Until now, people had operated from the assumption that Adelson had decided to hold off on any more interventions.  Why the change?  It can’t be that Newt Gingrich’s position has improved, because it hasn’t.  He’s dropped steadily downward since Florida, and Rick Santorum has charged into the lead nationally while Gingrich has faded to the second tier.

Keeping Gingrich alive for another few weeks means preventing a conservative consolidation before Super Tuesday — and that seems to be Adelson’s motive.

No matter what happens, it's looking like a long slog before we have a nominee.