So when, at the last debate, Gingrich was asked why he got paid $300,000 by Freddie Mac, he said he offered them “advice as a historian.” I’m guessing that the most innocent plausible scenario is that the advice went \”something like this\”
Today it turns out that Gingrich made upwards of $1.6 million from Freddie Mac as a “consultant”. Watch out. The consulting is getting pretty deep out there.
November 16th, 2011 | 9:51 pm
I also heard that Freddie and/or Fannie continues to screw the taxpayer to the tune of $6 Billion or so.
If Newt go $1.6 M, one wonders how much Barry gets?
Don’t you think it’s time to shut these people down? I do.
November 17th, 2011 | 7:36 pm
Bob, I think they should be unwound (among other gradually instituted policies like limiting the mortgage interest deduction), but what I think is most relevant is that the Gingrich dealings with Freddie don’t seem on the level. Obama’s dealing with them aren’t germane whe talking about this case in the one sense that we already know (don’t we?) that we don’t want more Obama.
November 18th, 2011 | 7:42 am
I don’t disagree with your criticism of Newt. It appears Freddy/Fanny are buying Newt’s support. I’d really like to see it all brought out in the light. Along with the facts related to the continuing questionable activities of Freddy and Fanny that continues to this day. As I’ve said before there should be a lot of politicos, bankers, and bureaucrats severely punished. Perhaps that would begin the process of restoration. And, of course, Freddy and Fanny should be closed down.
My point re: Obama’s dealing with Freddy and Fanny is an inclusive one, where I think the Democrats are primarily to blame (Frank, Waters, Dodd, et al) and must be brought to justice.
The fact that the Congress can legally participate in ‘insider’ trading while they’re investigating/punishing evil bankers and corporatists for the same offense indicates how far we’ve declined.
November 18th, 2011 | 8:03 pm
Bob, I think I basically agree with all of that, but I only think anyone should be punished (in any but a vote against them sense), if it can be proven in a court of law that they did something illegal (as distinct from wrong, destructive, etc.)
November 18th, 2011 | 9:47 pm
Pete, I’m thinking we may have reached the point where it may be necessary to ‘take back’ the gummint from the elite. Jefferson was right, I think, that every generation needed to refresh the spirit of the olde revolution. That ‘refreshing’ is long, long overdue.
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