Next week, presumptive Republican presidential nominee, Mitt Romney, will hold controversial fundraisers in London and Jerusalem as part of his international itinerary.

Romney insiders are saying privately that the primary purpose for Romney's international jaunt is his determination to raise more funds than President Obama.

The ticket price in Jerusalem is $50,000 per couple which exceeds the federal limit for contributions to US presidential campaigns where an individual may not contribute more than $2500 to any candidate including the president.

The legal basis of Romney's fundraisers is still unclear, and it is not known whether the controversial casino billionaire Sheldon Adelson and or his wife, Miriam Ochsorn, will attend. The Adelson's are reported to have lavished over $70 million of their casino profits on the GOP in this presidential election cycle.