“...One idea that the former Georgia congressman proposed that Freddie Mac didn’t pursue was initiating a program with the Boy Scouts of America to teach youngsters the importance of saving money and maintaining good credit so they would qualify to buy a home later in life....”
Wow, practically criminal! Throw him in jail!
Actually, this article reinforces Newt’s claim that he was an adviser and not a lobbyer. GREAT article!!!!! Perfect timing to exonerate Newt!!!
Quit letting the truth get in the way of a good smear.
The “Newt Gingrich for President” ping list!
Great article, courtesy of rabscuttle385, that reinforces what Newt said about being an adviser and not a lobbyist!
Perfect timing to exonerate Newt!!!! :-)
Bookmark this thread!
Say, how do you like the fact your guy is under attack now?
YOu know, I would come to his defense but asses like you make me just say eff it, it''s more fun to watch you suffer.
RINO Newt sucks anyway lol!
NPR:
The questions began at the candidates’ debate in Michigan last Wednesday, when CNBC’s John Harwood asked Gingrich what he did for a $300,000 contract with Freddie Mac in 2006.
“I offered them advice on precisely what they didn’t do,” Gingrich said last week.
http://www.npr.org/2011/11/15/142349076/why-did-freddie-mac-pay-newt-gingrich-300-000
This didn’t make him a lobbyist, he said. And by the strict legal definition of “lobbyist,” he’s absolutely right.
“My advice as a historian, when they walked in and said to me, ‘We are now making loans to people who have no credit history and have no record of paying back anything, but that’s what the government wants us to do’ — I said to them at the time, ‘This is a bubble, this is insane, this is impossible,’ “ Gingrich said at last week’s debate.
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I guess it’s not a surprise that, you know, someone’s trying to reinvent history in terms of some advice they gave to Freddie Mac.
- Guy Cecala, publisher of industry newsletter “Inside Mortgage Finance”