Wednesday, August 06, 2008

WHERE DOES GASBAG NEWT GET MONEY?

Newt heads up a non-profit, American Solutions For Winning The Future, that is pushing the "Drill here. Drill now. Pay less." wingnut scam. Faiz at ThinkProgress note that this is another instance of wingnut welfare:
Just like the “Contract with America,” Gingrich’s new conservative takeoverhas its roots in a bargain with deep pockets – in this case, the deep pockets of the energy industry. Over at the Wonk Room, Brad Johnson reports that American Solutions is a front group for coal:

Peabody, World’s Largest Coal Company, #4 Backer Of American Solutions For Winning The Future. Newt Gingrich’s 527 organization, American Solutions for Winning the Future, has received $275,000 in contributions from Peabody Energy, Inc. As of July 1, 2008, the world’s largest private-sector coal company is ASWF’s fourth highest contributor. [IRS, $250,000 6/16/08, $25,000 4/30/08]


The key funder is right-wing casino kingpin Sheldon Adelson, who has pumped over $3 million into the organization since its beginning in 2006. A total of fourteen Bush pioneers have contributed over $4 million to Newt’s ASWF. Eight of those same right-wing money men are top McCain fundraisers, channeling $2 million into his coffers.

Sheldon Adelson is also one of the main backers of Freedom's Watch, another agit-prop group.

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