Republican Tea Party (GOTP) presidential candidate Newton Leroy Gingrich has been extremely critical of Freddie Mac and Fannie Mae, as well as the Democrats in Congress he claims played a key role in the collapse of the housing market, but what he hasn’t said is that he – apparently as a lobbyist – made between $1.6 million and $1.8 million in consulting fees from the mortgage company, a figure substantially larger than the $300,000 payment he was asked about during a recent Republican presidential debate.

Freddie Mac officials have also reportedly told Bloomberg that Gingrich was asked to build bridges with Capitol Hill Republicans and help sell the mortgage company’s public-private structure to conservatives, aka lobbying.

Of course Newton is denying the charges, “I do no lobbying of any kind, and I offered strategic advice and that’s all I do,” Gingrich said. “I don’t go to the Hill. I don’t lobby in any way. I haven’t for the years I’ve left the speakership, period.”

“I was quite happy to talk about the GSEs, which was the question,” Newton continued. “But once you got into a cycle where people were literally giving mortgages to people with no credit at all, you don’t have to be much of a historian to know that’s not sustainable.”

And not being much of a historian is a good thing since Newton isn’t much of a historian; case in point being during the 9 Nov 11, he claimed he warned Freddie Mac about its lending practices: “I offered advice. My advice as an historian when they walked in and said we are now making loans to people that have no credit history and have no record of paying back anything but that’s what the government wants us to do. I said at the time, this is a bubble. This is insane. This is impossible.”

But Newton’s version of “history” doesn’t match Freddie Mac’s, at least one source reportedly told Bloomberg Gingrich gave positive feedback on Freddie Mac’s plans to publicly pledge to issue subordinated debt, manage liquidity, undergo capital stress tests and expand various types of risk disclosures. Gingrich also said these moves would enable Freddie Mac to demonstrate benefits to the taxpayer, the source claimed.

Newton claims he offered the company “advice on precisely what they didn’t do;” once again however, the history is fairly muddied and no one at Freddie Mac remembers Gingrich raising the issue of the housing bubble or of being critical of Freddie Mac’s business model.

Once again Newton’s been caught with his hand in the cookie jar; first, as Speaker, he persecuted then President Clinton for indiscretions in the White House, all the while having his own sexual liaisons; second, now, as a presidential wannabe, he’s critical of Freddie Mac while having received more than a million dollars in “consulting” fees from the company? Newton is nothing more than the poster boy for today’s hypocritical conservative movement, whose mantra is “Do as I say, not as I do,” secondary only to its motto, “We belief in the Golden Rule; he who has the gold makes the rules.”