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View Diary: And Newt Gingrich's campaign ends. (190 comments)

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  •  Let me get this straight. (2+ / 0-)
    Recommended by:
    Snud, kareylou
    Gingrich’s business relationship with Freddie Mac spanned a period of eight years. When asked at the debate what he did to earn a $300,000 payment in 2006, the former speaker said he “offered them advice on precisely what they didn’t do,” and warned the company that its lending practices were “insane.”

    So, Gingrich, you happily took about $2 million over 8 years, accomplishing absolutely nothing, since they (allegedly) didn't take your advice.

    Isn't that what you and other Repubs like to call "sucking off the public teat"?

    I am become Man, the destroyer of worlds

    by tle on Wed Nov 16, 2011 at 06:56:08 AM PST

    •  No, sucking off the public teat (2+ / 0-)
      Recommended by:
      Sue B, tle

      is working 60-hour workweeks for about one fifth of what Newt earned for "giving advice". Sucking off the public teat is sitting up nights with Handel playing on a cheap boom box, poring over student answers and trying to figure out how to  help them understand the material.
      Of course if those students don't take the advice, and they fail, you are labelled an "underperformer" and you make even less.
      Freddie Mac didn't take Newt's advice. Does that make him an underperformer? No, that makes him a visionary.

      To keep our faces turned toward change, and behave as free spirits in the presence of fate, that is strength undefeatable--Helen Keller

      by kareylou on Wed Nov 16, 2011 at 07:36:06 AM PST

      [ Parent ]

    •  AJC tells a different story (2+ / 0-)
      Recommended by:
      MKinTN, tle
      The Bush administration and Federal Reserve Chairman Alan Greenspan were sounding the alarm about the potential threat to the nation’s financial health if the fortunes of the two mammoth companies turned sour.

      Newt has some explaining to do

      Pushing back, Freddie Mac enlisted prominent conservatives, including Gingrich and former Justice Department official Viet Dinh, paying each $300,000 in 2006, according to internal records.

      Gingrich talked and wrote about what he saw as the benefits of the Freddie Mac business model.

      Some people have short memories

      by lenzy1000 on Wed Nov 16, 2011 at 09:57:20 AM PST

      [ Parent ]

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