Freedom's Watch to shut at end of month (Ari Fleischer's group runs out of money)

[sabra]

Source: WashTimes

The conservative political advocacy group, Freedom's Watch, is shutting down at the end of the month, after a year in which its main benefactor was financially battered by the current recession.

...

But the board of directors, which includes former White House spokesman Ari Fleischer and former Ambassador to Italy Mel Sembler, has decided to shut it down completely, multiple sources said.

...

The group's dependence on Las Vegas casino magnate Sheldon Adelson, one of the GOP's biggest donors, was in the end its undoing.

Only a year ago, Mr. Adelson was the third-richest man in America, with a net worth of $28 billion. Flush with cash, he was the driving force behind Freedom's Watch, which registered as a political lobbying group in September 2007.

Mr. Adelson's company, Las Vegas Sands Corp., has since then lost 95 percent of its stock value, reaching a low of $2.89 a share in November, down from $122.96 a share one year ago.

Read more: http://washingtontimes.com/news/2008/dec/08/freedoms-watch-shut-end-month/

[AndyTiedye]

1. Awwww

:nopity:

[derby378]

2. How do you lose money on a CASINO?!?

I mean, I know it can be done, but seriously. Serves FW right.

[Hestia]

11. The reason they are losing money is that no one is gambling in Vegas anymore. Casino's are hurting

bad from lack of patronage.

[aquart]

20. Where ARE they gambling?

[MurrayDelph]

24. and the Sands Corporation

home of the Venetian, recently opened the neighboring Palazzo. So, he's aiming for the upscale market with a cheesy product, in a down economy.

[Buns_of_Fire]

29. Well, Donald Trump managed to do it...

The Donald dumped in casino bankruptcy

(The guy I occasionally do some work for idolizes The Donald. He wants to be just like him when he grows up. Unfortunately, unless he gets his financial house in order, I think he's going to do just that -- and he doesn't have the financial resources to recover as adroitly as his hero can...:shrug:)

[BOSSHOG]

3. About the only thing conservatives are consistently good at

is making up names of organizations they belong to which in no way reflect their evil, hateful fucking "values."

[DBoon]

5. they are good at something else

losing big money by mismanaging businesses

[Kahuna]

4. Awww..

:applause:

[gratuitous]

6. Freedom may not be free

But watching freedom is apparently even more expensive. And Ari don't work for nothing. You're on your own, freedom.

[Rambis]

7. My day just got better

:toast:

[formercia]

8. Mel Sembler, a real sweetheart.

http://en.wikipedia.org/wiki/Mel_Sembler

Melvin Floyd Sembler (1930 - ) is the former United States Ambassador to Italy (2001 - 2005), and former ambassador to Australia and Nauru (1989-1993). He has also served as Chairman of the Board of the Sembler Company, which develops and manages shopping centers, and co-founder of Straight, Inc., a controversial drug-treatment center. Sembler has been personally accused of being responsible for the claims of serious physical and psychological abuse that went on in his centers. Currently, Sembler serves as chairman of the Scooter Libby Legal Defense Trust.<1>

[High Plains]

25. Straight, Inc. tortured teenagers in the name of drug rehab.

The Semblers are sleazy monsters.

[EFerrari]

9. Good job, debunkers!

:kick:

[Hestia]

10. Can you say "boo hoo" childen? I thought you could...

[Tangerine LaBamba]

12. Oh, NO!!!!!!!!!!!!!!!!!

How can this be? Gone? It's going to be GONE??? Just like that at the end of this month?

It's worse than a death. It's an execution, planned and carried out by those damn liberals who manipulate the stock market. Bill Clinton is behind this, you better believe it.

And we all know that Clinton takes his orders from Teddy Kennedy.

What am I gonna do? Who's going to protect our freedom if Freedom's Watch isn't there to keep us safe?

We are doomed. DOOMED, I tell you.

This is what happens when Democrats steal elections like they did in November. We all know that McCain/Palin really won, but, no, it'll never be told because the Tripartite Commission and the pro-abortionists won't let it be told.

I am aghast. I am bereft. I am legally insane.

[ananda]

13. Is there any more freedom to watch?

It's pretty much all disappeared.

[sofa king]

14. They watched it all the way down the tube.

[TheEuclideanOne]

19. They watched freedom the way that a group of gangmembers watched

an innocent person get assaulted as they stood in a circle around the person.

[russspeakeasy]

15. Tough Shit

[NBachers]

16. Looks like they forgot to wind up the Freedom Watch

Must've burned through a lotta cash.

[Festivito]

17. Freedom's Watch of its own downfall, has its own downfall.

ReSCUMlicans.

[Submariner]

18. Let them choke on some Freedom Fries as they drown their sorrows

[KamaAina]

21. One, two, three,

AWWWWWWWWWWWWWWW!!

:nopity: :nopity: :nopity: :nopity:

[Stevepol]

22. I've been looking for one good thing to come out of the meltdown. Maybe this is it.

[pam4water]

23. Are they really shutting down? Olbermann Watch keeps saying it's going to

but then it doesn't. Could just be a publicity ploy.

[formercia]

26. Another hidey-hole gets filled in.

One less place for * Gang members to hide between elections.

[No Elephants]

27. Buh bye.

[yurbud]

28. he was the best liar Bush had as press secretary--an articulate, cold-blooded lizard