Bloomberg’s Jeanne Cummings got a much-needed lesson Friday about money not being everything in politics.

After she claimed on PBS’s Inside Washington that Republican presidential candidate Newt Gingrich’s revival in the race was all due to multimillion dollar donations from casino mogul Sheldon Adelson, syndicated columnist Charles Krauthammer correctly replied that the former Speaker’s ascendancy resulted from his debate performances in South Carolina not money (video follows with transcript and commentary):

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