Sheldon and Miriam Adelson. Photo: wiki commons.

Haaretz – American Jewish billionaire businessman Sheldon Adelson told Forbes magazine in an interview that his financial backing of Republican presidential candidate Newt Gingrich is based on more than just Gingrich’s staunch support for Israel.

.”What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years,” Adelson was quoted as saying, referring to the administration of current U.S. President Barack Obama. “That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work, etc.”

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A video interview with Forbes’ Steven Bertoni who interviewed Adelson is below: