Tag Archives: Newt
Newt was paid how much by Freddie Mac?
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.”
GOTP hopefuls complain but no plans on Libya
Isn’t it amazing how the Bungling Brothers Three Ring Circus, also known as the GOTP hopeful candidates for the 2012 nomination are all being very quick to criticize the President’s handling of the U.N. mandated no-fly zone in Libya, but not one of them has come forward with how they would have handled it. Well, except for Newt, who was for a no-fly zone before he was opposed to one?
And speaking of the Newt, he’s our first performer in the center ring flip flopping across the ring, “You have a spectator in chief, not a commander in chief,” the Newt grumbled, one assumes meaning he’s for the no fly zone now? Or does he want boots on the ground this week?
At first Newtee very vocally demanded a no-fly zone after the President Obama said Gadhafi needed to be ousted, but then when the President began moving forward and the Newtster saw it was being billed as “humanitarian mission” he quickly decided he wanted nothing to do with that. He also first said in one interview that air strikes would oust Gadhafi and then said jets would not be able to end his rule now that fighting had gone into the cities. Newt’s effectively become the circus’ Push Me Pull You candidate.
Next to perform is Haley Barbour the Governor of Mississippi who is calling the President’s response to the situation “dithering.”
Barbour told a Jackson, Miss., radio station: “we haven’t provided leadership in this administration. In fact, the Obama administration’s position has been to say, ‘You know, we’re just one of the boys. We’re not going to try to be the leader.'”
Yeah, too bad Haley conveniently ignored the fact United States forces led the air strikes over Libya under the auspices of a United Nations resolution authorizing force in the interest of preventing a humanitarian crisis. He offered no opinion on an appropriate U.S. response, just the fact that this response lacked any leadership, as compared to what? The good old days of Sheriff Bush and his posse telling Bin Laden he could run that he couldn’t hide? Newsflash! He’s still out there!
Our juggling act will be performed by the great health care reformist himself, the former Massachusetts Governor Mitt Romney who said the President has been “tentative, indecisive, timid and nuanced.”
Romney says he supports the mission in Libya. He’s just not a fan of the President who started it or his approach to international affairs. So, he’s saying it’s the right mission, just the wrong guy going to get the credit? He didn’t detail what the Libya policy would be under a Romney administration.
“Thus far, the president has been unable to construct a foreign policy, any foreign policy,” Romney told Hugh Hewitt’s radio show. “I think it’s fair to ask, you know, what is it that explains the absence of any discernible foreign policy from the president of the United States?”
You’re kidding right Mitt? No foreign policy from President Obama?
How about the fact the President has restored strained alliances and friendships around the world? President Obama’s call for partnership, respect for international rules on prisoners, and acceptance of the responsibilities associated with climate change, transformed America from the isolated and lonely superpower of Bush/Cheney often seen as a threat to international order back into a leader in Europe, Asia and the Middle East. The President is pulling our troops out of the nightmare of Iraq, and plans to do the same for our troops in Afghanistan.
No circus would be complete with some Paws, and former Minnesota Governor Tim Pawlenty said President Obama erred by not forcing a no-fly zone more quickly.
“The rebels at that time were on the verge of overthrowing Gadhafi. They had the momentum. They were in position to do it,” Pawlenty told FOX PAC. He said President Obama left the rebels without backup and Gadhafi ready to squelch them. But he didn’t say what he would do differently now. So, if we had President Pawlenty he would have gone it alone to support the rebel cause? Pawlenty isn’t entirely wrong in his assessment. Things could’ve and should’ve moved much quicker. But then what?
And our last performer today is the 2008 GOTP vice presidential nominee and former Alaska governor, Palin the Jungle Girl, who whined, “We’ve received different messages from our president and from his advisers as to what it is that we are doing there and what the mission is.”
And how would Palin have handled the situation, if – “gulp” – we had President Palin? She offered her usual snarky complaints with no plan attached, “certainly there would have been more decisiveness.” So, she would have decisively done what? At some point she will probably release a You tube video decrying how she’s the real victim of the conflict in Libya.
Aside from the whining and complaints, notice anything missing ? Not one of these so-called candidates had anything of substance to say. Not one has offered anything of depth. Not one has said how things would be different if they were the King of the Forest. Well, “there would have been more decisiveness”. No plans, nothing.
The most amusing part of these latest attacks from the GOTP misfits is that they’re coming while U.S. forces are enforcing the no-fly zone over Libya to protect rebels trying to oust Libyan leader Moammar Gadhafi – just as the GOTP demanded. Remember that, just as the GOTP demanded.
These “candidates” are all sort of saying President Obama is too slow and too reliant on international approval from the Arab League, the United Nations and NATO. Yes sports fans, what we really need is a President who tells the rest of the world to go jump in a lake while we preemptively invade whomever we darn well please, because that worked so well for the United States during the Bush/Cheney years.
The Newt rides the seesaw on Libya no-fly zone
Newt Gingrich spent a lot of badly needed brain cells last week criticizing President Barack Obama for not imposing a no-fly zone over Libya. Now the former House Speaker is lashing out at the White House’s intervention, calling it as “badly run as any foreign operation in our lifetime.”
Really Newt, as “badly run as any foreign operation in our lifetime”? You can’t really be serious? I think Operation Iraqi Freedom will very probably go down as, if not the very worse, than one of the very worse foreign operations of not only our lifetime, but of all time. Second probably only to Xerxes’ decision to invade Greece in what we like to call “Operation Persian Folly”.
“The standard he has fallen back to, of humanitarian intervention, could apply to Sudan, to North Korea, to Zimbabwe to Syria this week to Yemen, to Bahrain,” the Newtered one said on the “Today” show Wednesday morning. “This isn’t a serious standard. This is a public relations conversation.”
As compared to, oh I don’t know? We’re invading Iraq because Saddam is a really, really bad guy, and he dresses funny, and therefore we’re going to take him out? Gee Newt, that thinking could have applied to any number of “bad guys” throughout the globe, like Kim Il-sung, Hu Jintao, Mahmoud Ahmadinejad, Rush Limbaugh, Sean Hannity or maybe even Glenn Beck. Talk about not having a serious standard on foreign policy decisions and U.S. military intervention. But wait, perhaps your standard would be more along the lines of such great successes as selling arms to the Contras? Or sending Marines into Lebanon? Or invading Somalia?
“I would not have intervened. I think there were a lot of other ways to affect Qaddafi. I think there are a lot of other allies in the region we could have worked with,” the Newtster added. “I would not have used American and European forces.”
Yeah, if Newt were President he’d have sent in the guys on camels from Egypt; or maybe he’d tell the rebels if they really loved their country they should grab a congressional aide and have a good old fashioned affair.
Newt seems just a tad bit conflicted these days, just last week, he said he would implement a no-fly zone “this evening.”
“We don’t need to have the United Nations,” he told FOX PAC. “All we have to say is that we think that slaughtering your own citizens is unacceptable and that we’re intervening.”
YEAH! YOU GO NEWT! YOU SHOW EM’ WHO’S BOSS! THAT’S TELLING EM’ BOY!
OK, I’m sorry Mr. Former – I had to resign because I didn’t have any morals and lost my party’s congressional majority – Speaker, with all due respect, did you fall out of the stupid tree and hit every branch on the way to the ground? Were you dropped – repeatedly – as a child? Yeah, your idea of a foreign policy intervention has no ramifications whatsoever. Did you even bother call President Bush before you stole his plan for the Middle East, or did you come up with this all on your own? This is another really good example, in an ever growing list of examples, as to why you’re in no way remotely qualified to be President. Now, really, just back away from the presidency and you won’t get hurt; don’t make me roll up a newspaper and hit you on the nose with it; just back away like a good boy.
Gingrich Says it was Love of Country Which Led to His Affair?
GOTP presidential hopeful Newt Gingrich has officially lost his mind. He has said it was his passion for his country that contributed to his marital infidelity.
Excuse me? OK, first, the word “love” should never be used in the same sentence with “marital infidelity,” and second, it wasn’t so-called love of country it was lust for your staffer. Let’s be clear about this Newt. And third, is this supposed to make anyone feel comfortable with you running for the presidency? How many staffers will need to be hired if you win to help you show how much you “love” your country?
“What I can tell you is that when I did things that were wrong, I wasn’t trapped in situation ethics, I was doing things that were wrong, and yet, I was doing them,” he said.
You know Newt, this is the interview that just keeps giving isn’t it?
“Forget about all this political stuff. As a person, I’ve had the opportunity to have a wonderful life, to find myself now, truly enjoying the depths of my life in ways that I never dreamed it was possible to have a life that was that nice,” Newt said.
Wow, it’s very gratifying for all of us to know that you’re having such a wonderful life Newt, thanks for sharing that with us. How’s that second wife doing, the one you divorced after cheating with mistress/wife #3? And how’s your first wife? You remember her Mr. Family Values? The one you were stabbing in the back during your affair with wife/mistress #2 while she was undergoing chemotherapy?
Just how stupid do you think Republicans are Newt? Not to mention the rest of us? You really think this kind of confession helps your chances of running for the White House? You can’t even admit it was your fault can you? Nope it wasn’t Newt’s fault everybody; it was his “love” of America that drove him into multiple woman’s bed
You can’t make this stuff up. This is the rank hypocrisy of the GOTP. You led the impeachment of President Clinton for having an affair, and for lying about it, while you were having an affair, lying about it, and then you blame it on your “love” of country? Please, really, just go away. You’re embarrassing yourself; you’re embarrassing your family; you’re embarrassing your party. But, you know what? At least you’re giving the late night comedy writers plenty of material.
Newt Gingrich Discusses Potential Obama Impeachment?
The Huffington Post has reported that former Speaker of the House Newt Gingrich has said President Obama has overstepped his constitutional authority with his recent decision to order his administration to stop defending the Defense of Marriage Act. While the move didn’t immediately open Obama up to impeachment, Gingrich claimed, it did raise his worry about a future constitutional crisis.
In an interview with Newsmax, Gingrich characterized the president’s latest announcement regarding DOMA, a law that allows states to not honor gay marriages, as “a dereliction of duty and a violation of his constitutional oath” that “cannot be allowed to stand.”
I’m sorry, but maybe someone whose committed adultery and been married three times shouldn’t be the spokesman for the Defense of Marriage Act.
On Wednesday, Attorney General Eric Holder said the President had determined his administration would no longer defend a law defining marriage as only between a man and a woman, but it would continue to be enforced pending an actual legislative overturn.
Michael Steel, a spokesman for Speaker John Boehner, said in an e-mail he questions why President Barack Obama “thinks now is the appropriate time to stir up a controversial issue that sharply divides the nation” when “most Americans want Washington to focus on creating jobs and cutting spending.”
Well Mr. Steele that objection might carry some actual weight if the GOTP hadn’t wasted its first 100 bills trying to limit federal funding of abortion instead of working on the jobs issue.
Gingrich said this plan of action was unacceptable.
So is committing adultery ex-Mr. Speaker. I guess marriage can be defined by the government, but it’s OK for you and half a dozen other hypocrites on the right to then violate your vows? Perhaps under DOMA the government should make adultery a crime and prosecute individuals like you?
“He swore an oath on the Bible to become president that he would uphold the Constitution and enforce the laws of the United States,” Gingrich said. “He is not a one-person Supreme Court. The idea that we now have the rule of Obama instead of the rule of law should frighten everybody.”
Newt, it’s time for you to come to grips with the fact that a black man, a liberal, is president and deal with it. Conservatives are always yelping about the federal budget; well, how much money is wasted prosecuting DOAM and Don’t Ask Don’t Tell? But those are OK expenditures I suppose? I suppose anything which upholds your southern view of morality is a justified expenditure? You’d have probably been screaming about the fugitive slave law not being prosecuted too.
“Imagine that Governor Palin had become president,” Gingrich said. “Imagine that she had announced that Roe versus Wade in her view was unconstitutional and therefore the United States government would no longer protect anyone’s right to have an abortion because she personally had decided it should be changed. The news media would have gone crazy. The New York Times would have demanded her impeachment.”
Well gee, yeah that would be a problem since its established Constitutional law. By the way, the Administration is making the same decision other administrations have made in the past concerning laws considered to be unconstitutional. And exactly, what is the basis used to determine marriage as being defined as a man and a woman? If it’s in any way defined by religious standards, than under the Constitution that is a violation of the separation of church and state, and hence the law would be unconstitutional.
The Newt prepares for likely White House bid?
Newt Gingrich is preparing to launch his bid for the GOTP nomination in 2012; the problem? Well? He’s the Newt.
Gingrich, who is a twice-divorced former U.S. House speaker, who has admitted an affair with a former congressional aide, who is now his third wife; whose career in Congress is remembered as much for his dramatic fall — two federal government shutdowns, his censure and the loss of Republican seats in the House — as his rise, and whose polarizing style quite frequently leaves voters not just cold, but ice cold, has a problem.
What’s the problem you ask? He appears – as do many Republican leaders – to lack a moral compass, even though he claims to be a god-fearing Christian, and to support the far right conservative mantra of “family values”, and that’s going to be very problematic as he runs for the office he once tried to remove President Clinton from for doing exactly what he was doing, cheating on his wife.
While President Clinton’s affair was bad enough, Newt’s was not just an affair; it was an affair while leading the effort to impeach a President, for well, having an affair. But whereas President Clinton’s affair was seen as a slight at the American people, having had a sexual encounter with an intern in the Oval Office, Newt’s affair is much more nefarious, having occurred while his wife was fighting for her life in a battle with cancer. Same sort of “honoring” of marriage vows which sank former Democratic Presidential aspirant John Edwards.
The biggest obstacle in his way, the biggest issue – or problem – with his affair is going to be the fringe of the GOTP – the self-righteous, white bread, Christian Tea Party folks – who any Vegas bookie will tell you probably are not going to be willing to overlook adultery any time soon. After all, adultery is not just some little sin. It’s not just an indiscretion. It’s a pretty big deal.
For those who think the likelihood of Newt’s past following him into any run for the White House is little to non-existent, look no further than last week, when during a speech at the University of Pennsylvania a student confronted him about the affair.
“I’ve had a life which, on occasion, has had problems,” Gingrich replied. “I believe in a forgiving God, and the American people will have to decide whether that’s their primary concern.”
I’m quite certain the voters will decide Newter. They will decide not just loudly but also clearly. Don’t think so? Well listen to this quote.
“Newt Gingrich’s election would send a terrible signal to anyone who’s working to live a morally upright life,” said Jerry Luquire, head of the Georgia Christian Coalition. “I would find it very hard to vote for him.”
That’s not just any voter Mr. Speaker, that’s a right wing Christian from your own state. From your own state Newty!
But, let’s not be too hasty turning Newt over to the voters, first he’ll have to survive the primary process against his fellow GOTP rivals. Huckleberry isn’t about to pass up an opportunity to skewer him with his past sins, and we already know how Queen Sarah feels about him, not to mention Mitt, and whomever else thinks now is the ideal time to run.
Political fact is, Newt’s political career was over when he resigned as Speaker under a cloud of scandal and failure; it’s time to fade away Newt, time to fade away. Oh, and please, don’t talk about family values, Americans – as a whole – will only support hypocrisy just so far, and you crossed that line a long time ago.
Is Newt intellectually nonsensical?
During Newt Gingrich’s June 8 speech before the Senate and House Republican campaign committees, conspicuously not wearing a United States flag lapel pin, the ex-speaker said, “Let me be clear. I am not a citizen of the world. I think the entire concept is intellectual nonsense and stunningly dangerous. There is no world sovereignty. There is no world system of law. There is in fact no circumstance under which I would like to be a citizen of North Korea, Zimbabwe, Venezuela, Cuba, or Russia. I am a citizen — I am a citizen of the United States of America, and the rest of this speech is about the United States of America.”
This was not the first time, nor even the second time, the ex-speaker has made the emphatic statement that he is not a citizen of planet Earth; in fact the ex-speaker, was quoted in a June 9 article on CQPolitics.com, by Jonathan Allen saying, “We must strengthen our unique American civilization. … Let me be clear: I am not a citizen of the world.”
Referring to President Obama’s July 2008 Berlin speech, Gingrich similarly sang out on the August 6, 2008, edition of Sean Hannity’s radio program: “I think saying that you are the — a citizen of the world, talking to 200,000 Germans is very dangerous because the average American does not want to elect a president of the world to use up America in order to make the rest of the world feel good.”
So, if declaring oneself to being a citizen of the world is “intellectual nonsense”, than would that mean that former President Ronald Reagan was somehow intellectually nonsensical? Because, the Gipper made just such a statement during remarks in New York City Before the United Nations General Assembly Special Session Devoted to Disarmament on June 17, 1982.
President Reagan began his speech, “I speak today as both a citizen of the United States and of the world. I come with the heartfelt wishes of my people for peace, bearing honest proposals and looking for genuine progress.”
So, how’s about it Mr. Ex-speaker; was the former President intellectually nonsensical?
The obvious answer is of course not, and neither was President Obama during his July 2008 speech in Berlin, Germany, when he said, “I come to Berlin as so many of my countrymen have come before. Tonight, I speak to you not as a candidate for President, but as a citizen – a proud citizen of the United States, and a fellow citizen of the world.”
The only intellectual nonsense going on here is Newt trying to pass himself off as still being politically relevant, and anyone who looks at him, like Sean Hannity, and thinks he would be the best person to run for the presidency as the GOP nominee in 2012.