Gingrich financial supporter says he's "at the end of his line"

(CBS News) As Republican presidential candidate Newt Gingrich downsized his campaign operation amid money woes, his largest financial supporter, Sheldon Adelson, said the former House speaker is nearing the end of the road to his presidential ambitions.

Despite praising Gingrich, Adelson, the Las Vegas casino mogul, said Gingrich is "at the end of his line," partly because he is unable to obtain the 1144 delegates necessary to secure the nomination.

"'Cause, I mean, mathematically he can't get anywhere near the numbers and it's not - is unlikely to be a brokered convention," Adelson said in a video posted on JewishJournal.com.

Adelson and his wife, Miriam, gave $16.5 million to a pro-Gingrich super PAC, Winning Our Future. The total equates to 87 percent of the $18.8 million the super PAC has raised, enabling Gingrich to say in the race despite winning only two states, including his home state of Georgia.

Adelson's comments come as the Gingrich campaign announced Tuesday that it was scaling back its schedule and cutting campaign staff by one-third.

Gingrich maintained that the modified plan will enable him to stay in for the long haul in the hopes of a brokered convention.

"I think you have to respond to reality and we have cash flow shorter than we'd like it to be, so we're doing the appropriate things to be able to campaign," Gingrich said Wednesday morning in a radio interview with WTOP radio in Washington.

Although he appeared resigned to the fact that Gingrich will not be the next president, let alone the Republican nominee, Adelson had few positive words about his rivals Rick Santorum and Mitt Romney.

As for Romney, Adelson said he is "not a bold decision maker." He likened Romney to President Obama.

"Every time I talk to him, he says, 'Let me think about it,'" Adelson said. "He's like Obama."

On the former Pennsylvania senator, who has spent much of his career in Congress, Adelson said, "This man has no history whatsoever of creating anything or taking risks."

"I like him... but I gotta tell you something, I don't want him running my country," Adelson said.

[silvalgal]

Thank-you, Mr. Adelson. Your long-suffering "countrymen" have had enough of the gross Newt and his garish wife -- as if we haven't been through enough of an ordeal in the exhausting, endless, often bizarre GOP leadership contest. The priceless, hilarious comments on this story say it all.

[silvalgal]

Thank-you, Mr. Adelson. Your long-suffering "countrymen" have had enough of the gross Newt and his garish wife — as if we haven't been through enough of an ordeal in the exhausting, endless, often bizarre GOP leadership contest. The priceless, hilarious comments on this story say it all.

[zimmerbaby]

Gingrich,
I think the Jew wants the unused money NOW!
I know you want unlimited life time sacks of Big Macs, but enough is enough. Ha Ha, awe go ahead and screw the Repubes up, there is no way those idiots can win. The only Morman who could win is Dale Murphy of the Atlanta Braves, except he is honest.

Ha Ha, Newt. You set up the 70 year cycle screw of the working man for Bush Junior, but that is all the destruction you fat azz can muster.

[calebsally]

Maybe Adelson should have said 'Let me think about it' before he settled on a presidential candidate.

Could've saved him $16.5 million.

Seriously though: What's wrong with carefully considering your decisions? Is he serious?

[cbsnews_viewer]

Do you like the free market? Do you know Mr Obama is spending this nation into the ground. (http://www.thegatewaypundit.com/wp-content/uploads/2011/02/obama-deficit-2011.jpg). Are you suspicious of Santorum and the rich boy's choice, Romney? Ron Paul is still the option and your vote still counts. It counts so much that the wealthy are trying to buy it as this story points out.

[EricB_727]

Umm.. it's President Obama, and actually the annual budget deficits have been shrinking... it is progress.

[cbsnews_viewer]

88: You are full of insults and speculation. (Publicly Held Federal Debt 1790-2009.png) . People that really care when Mr Obama constantly tries to raise the debt ceiling are not going to be fooled. Here argue with wikipedia. (http://en.wikipedia.org/wiki/History_of_the_United_States_public_debt)
"CNN's Jack Cafferty and CBS's Mark Knoller have noted that the US national debt in nominal dollars has increased more rapidly under President Obama than under any other U.S. president, and that it had increased by $4 trillion since the beginning of his term of office.[26][27]" National debt has increased $4 trillion under Obama". CBS News. 22 August 2011. http://www.cbsnews.com/8301-503544_162-20095704-503544.html. Retrieved 25 August 2011.

[unclebernies]

Just think how many schools or hospitals could have been improved or saved with 16 million bucks. These right wing neo conservatives disgust me.

[care4what]

I agree. Its so sad. And the employed figures would have improved, commerce improved, instead we just got a bitter old man without an following but an ugly mouth, and a rich man trying to incorporate Israel into the USA as another state.

[Skruffy1]

Put a fork in him; he's done. Wait... hold off on the fork. He might pop and get Newtness all over everything.

[erick_z]

"WP-ABC Poll: Romney Support Continues to Erode "
"Obama Holds Lead Over Romney in Three 'Swing' States, Poll Says"

Here we go again.. McCain 2.. Gingrich was our best bet to beat Obama. Much thanks to all of the R fools who bought the Romney negative BS.. great job!

[thechooch1]

erick_z Newt has more baggage than United! That is why he went no where. He consistently polls lower against your President than most other candidates.

[littleM]

I fear that Mr. Gingrich has taken his eye off the ball and let down his faithful. He has stopped talking about moon bases or what he plans to do in his second term. It is so disappointing. Perhaps if he talked about his plan to repeal the 22nd amendment to get a third term, he could reignite the fire. Also, he needs to get a younger wife; he's had this one too long and has lost the tween vote.

[Jim1900]

Thinking is considered a cardinal sin to the right-wingers.

It shows in the countries they invade.