Democracy in America: Going, going, gone...

By Richard K. Barry 

It's good to be king.

Not only is it wonderful news casino billionaire Sheldon Adelson has given the leading Romney Super PAC $10 million but, according to Forbes, "a well-placed source in the Adelson camp with direct knowledge of his thinking says that further donations will be limitless."

The source added that Adelson believes "no price is too high" to protect the U.S. from what he sees as the "socialization" of America.

The article continues on to say that Adelson could give $1 billion or so and not even notice.

I guess the fact that Adelson has made more money during the Obama administration than nearly any other American has made him that much more interested in a robust exercise of his citizenship.

Anyway, this is fabulous news for democracy. Why should anyone be concerned that a single individual could spend $1 billion on a presidential election? What could be wrong with that? Can't you just hear the bells of freedom ringing?

(Cross-posted at Lippmann's Ghost.)