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Gingrich admits receiving $1.5 million payments from Freddie Mac

31 Comments

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Silly Newt. If you are going to take a little cash on the side use the tried and trusted way. Get that insider info on stocks. 60 Minutes showed that a certain former speaker of the house has tripled her investment income

I see what you did there.

A "certain former speaker"? How convenient that you forgot that the current House Speaker John Boehner, R-Ohio, is also a subject of that report for exactly the same thing?

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Gingrich admits receiving $1.5 million payments from Freddie Mac

And he STILL couldn't cover his Tiffany's bill. And he wants to be in charge of our economy?

Wow!

Taka

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Well this sux.That is 1.5 million dollars to a rethug, money that could have been part of the multi million dollars bonuses that the Freddy Mac and Fanny May officials appointed by President Obama recently got.

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Then Americans are the authors of their own misfortune.

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So another lying American politician rears its UGLY head. Guy deserves some time and the government needs to take his greed money.

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Gingrich said he doesn’t remember exactly how much he was paid by the agency

Yeah, I often forget or misplace $1.5 million here and there. Must be in a drawer here somewhere. Sure. Right. We believe you, Newt.

Yeah, if you can't even remember how much your worth within a million or so, you've got some accounting issues that should preclude you from holding any office.

Taka

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So Newt is the new flavor of the month. I like what was stated upthread; the "anti-Romney." Newt's rise will be medioric but his fall will be spectacular. You just don't get away with being that much of a skeeve unscathed.

Taka

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Like his sofa photo-op with Nancy 'Stretch' Pelosi meant to show that he also feels - sorry - 'thinks' global warming is man made this was obviously not one of Gingrich's better calls. When he gets into Franklin Raines territory (90 million in bonuses from F Mac and F Mae) I'll get worked up. Frankly, I think Newt's wife [http://weeklyworldnews.com/headlines/32883/callista-gingrich-is-a-stepford-wife] is why the American public would balk at making him president, all the more so in the American Idol/Dancing with Celebs (or whatever) era we find ourselves in.

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Gingrich said he doesn’t remember exactly how much he was paid by the agency

Yeah, I often forget or misplace $1.5 million here and there.

Yeah, it sounds like Gingrich might be related to the Hatoyamas.

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At this point, Ralph Nader is looking better and better. Is he running again?

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Gingrich said he doesn’t remember exactly how much he was paid by the agency

Yeah, I often forget or misplace $1.5 million here and there. Must be in a drawer here somewhere. Sure. Right. We believe you, Newt.

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Ron Paul wants more freedom, to cut corruption, to stop the military industrial complex, to create real money through production, to get the private sector to create more jobs, to can the powerful agencies etc etc. Ya he's a loser eh?

I agree with some of Dr. Paul's ideas, especially on shrinking the enormous military footprint that my country maintains. He's definitely not a loser in the same sense as Bachmann, Cain and Perry. He has a steady and devoted following, but he doesn't seem to get much more traction among Republicans than his steady percentage.

My opinion on that is that Paul truly represents the kind of change that Republicans like to talk about but few would actually want to see.

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Good point, lostrune2, except - Romney?! This is for Republicans like a stoned college student ransacking his refrigerator and finding that the only thing not encased in mold is a cellophane packet of carrots. The mac & cheese is purple, the pizza is black where it's not gray - even the cheese glows some unworldly color. The digging becomes more desperate as the poor fool struggles to avoid the obvious: it is cellophane-encased carrots or nothing.

Not that there's anything wrong with carrots, but you'd think people would plan ahead a little.

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Do you remember when people were jumping up and down in rage because John Edwards was having an affair while his wife was sick in the hospital? They tend to overlook the fact that Edwards otherwise stayed with his wife, and she was happy with him until the press had to tell everyone.

Then you got old Newt who was not only having an affair, but leaving his wife for the mistress, and went to visit his wife at the hospital after an operation (after an operation!) to settle details of the divorce! You think the Repubs who called for Edward's head might be strangely silent when it comes to Newt? I had no problem with Edwards. I got a big problem with Newt.

And let us also remember that Newt married that second woman and cheated on her with an intern, all the while blasting Clinton for cheating with an intern! Then he left the second wife for the new mistress! His excuse? He dedicated his right hand to his country so much he lost control of his left! Do you think Repubs who buy that from Newt will extend the same gullibility toward Dems? Please.

Newt is both the King of Lies and the King of Hypocrisy. Thus, he represents a great many Republicans quite well. I suppose they admire his crowns.

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Are they still looking for the anti-Romney? Just select Romney already and just be done with it and go on with the national elections!

Well, at least it's not some communist government where the electorate do not even get to find out where all the money comes from because corruption is state-sponsored.

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The so called 'western democracy were aristocracy taking bribery from corrupted agencies like 'Freddie Mac' ! It has nothing holy when they were talking 'freedom'! Absolutely a forum for crooks is the US congress!

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Strange US politics.

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This is part of the newest Big Lie: that the housing bubble and subsequent financial crisis were the fault of a federal government cramming mortgages down innocent investment firms' throats. New York Mayor Michael Bloomberg, said the other day: “It was not the banks that created the mortgage crisis. It was, plain and simple, Congress who forced everybody to go and give mortgages to people who were on the cusp.” No doubt Newt will fan these flames.

Chances are to no avail, though. Newt is actually more moderate than anyone but Coleman, as befits a '90s era Republican; it's just that the Tea Party crowd hasn't clued in to that yet. His fall will be as sudden as his rise, though not nearly as inexplicable. My prediction for next flavor of the month: Rick Santorum.

Really, the GOP is running out of Not-Romneys. What will they do when he's the only one left standing?

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“I said at the time, this is a bubble ... this is impossible. It turned out unfortunately I was right,” Gingrich said.

I wasn't in the room, I don't know anyone from either side, but I'm going to ahead and claim that this statement is complete and utter political bullshit.

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The Federal gov't doesn't need to regulate everything in your life.

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pointofview: Once again people not caring about their country enough will give it up inch by inch because they want to be babysat. Big governments fail.

While I'm against regulations I can guarantee you that without any, the state of the planet would be even worse. Humans are too short sighted and selfish. Leave 10 kids with a jar of candies and watch what happens.

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Yabits and Smithjapan,

Ron Paul wants more freedom, to cut corruption, to stop the military industrial complex, to create real money through production, to get the private sector to create more jobs, to can the powerful agencies etc etc. Ya he's a loser eh? Once again people not caring about their country enough will give it up inch by inch because they want to be babysat. Big governments fail. Plenty of facts but everyone drops their head like cowards. The needs to cut loose from the brainwashing.

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Anyway, I agree with Yabits; the ONLY reason Gingerich is enjoying a surge in the polls is the scandals and gaffes that his opponents are embroiled in.

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WilliB: "Strangely enough, the media only pays attention if a republican candidate is involved."

So then you know about the Dem's invovled by your own hard research? Give it a rest.

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But a former Freddie Mac official said it was at least $1.5 million for consulting contracts stretching from 1999 to 2007.

Hmmm... then he did a pretty bad job looking at what Freddie Mac had become...

JeremiahW: Yeah. I saw that one. Quite a shocking story. The best is that they don't care at all. They find totally normal.

WilliB: you sound like FoxNews... change your record, please. They all are corrupted and have the hand in the jar.

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Well, lookie there.... Gingrich too got pork from Freddy and Fannie. The main recipients were of course Democrats. bit apparently both sides took part in the pork fest.

Strangely enough, the media only pays attention if a republican candidate is involved.

-4 ( +1 / -5 )

Silly Newt. If you are going to take a little cash on the side use the tried and trusted way. Get that insider info on stocks. 60 Minutes showed that a certain former speaker of the house has tripled her investment income and did it during the worst economic downturn since 1929, and she made tens of millions.

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consulting contracts

I call B.S. it was back handers !

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"Historian"? Yea, right. Newt might go down as the most hypocritical politicain in either party in the last 30 years. Pound the table about family values? Married three times (and with girlfriends while still not divorced) Make accusations about ethics against other politicians? Only Speaker of the House to be disciplined for ethics violations. This guy has no shame.

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“We just tried four years of amateur ignorance and it didn’t work very well.”

Neither for that matter does professional ignorance, particularly the kind that Mr. Gingrich has made a career of selling.

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U.S. presidential candidate Newt Gingrich, who has been surging in the latest polls

Gingrich doesn't just spin, he gyrates. The complete liar. He's only surging because the rest of the Republican crop of clowns -- Huntsman aside -- are complete losers.

Desperation, by any other name would be Newt.

Go back to comments that Gingrich was making in September/October 2008 on FauxNews, saying how Barney Frank ought to be imprisoned and how politicians were in Fannie's and Freddie's pockets. And now this??!!

In last Wednesday’s Republican presidential debate, Gingrich sought to explain his role at Freddie Mac as that of an “historian” sounding dire warnings about the company’s future.

Liar.

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