Freedom's Watch may spend up to $250 million in 2008 election

Group founded to support Bush's surge in Iraq and encourage military action against Iran gearing up for November

President Bush has been to Las Vegas nine times since he was first inaugurated, but last Wednesday was the first time he ever stayed overnight in Sin City. He and his aides (and the traveling press corps) did so in luxury, staying at the Venetian, the palatial casino resort run by Sheldon Adelson, the chairman of Las Vegas Sands Corp. and a big force in GOP and philanthropic circles. (He is part of the money behind Freedom's Watch, the conservative foreign policy group formed as a kind of counterpoint to liberal groups like MoveOn.org.) Adelson and his wife, Miriam, were in the loading dock at the Venetian Thursday to greet Bush and jumped into his limousine to ride with him to his speech sponsored by a conservative think tank.