1. What exactly did he do to get paid? Give advice? Did it come in the form of a written report? Oral presentations? Was it a single report which would be a pretty easy $1.5 million? How many people worked on them? Just Newt and/or Callista? Again, that's pretty sweet.
2. Where are the reports? Make them public. If Freddie has lost them, Newt should have copies. If everyone has lost them I'm going to have trouble buying Newt (although I'll still vote for him over 0.
3. How was he paid? Billable hours? Flat fee?
If Newt provided Freddie with a series of consultations that he can back up with written reports, agendas & copies of Power Point presentations, and showed that they were produced with a staff via invoice with billable hours and expenses, and is willing to make public these records and show what he advised all will be cleared up, and he will have a very good chance of getting my vote.
If not, he has no chance of getting my primary vote.
“Was it a single report which would be a pretty easy $1.5 million”
Here we go again. It has been reported numerous times that his consulting contract(s) was over a nine year period. You do the math. Then consider overhead and salaries per year. Newt did not make much money off of this.
The facts are, I didn’t personally get that kind of money,” Gingrich told Schieffer. “It went to a consulting firm which had offices in three cities. The share I got of it was relatively small.”
Gingrich has staunchly - and repeatedly - denied that he ever served as a lobbyist for Freddie Mac, despite being paid nearly $2 million by the mortgage giant between 1999 and 2008. Gingrich has been criticized for using a narrow definition of the term “lobbyist” when he denies having been one.
“We did consulting advice,” Gingrich said Sunday. “The only thing I ever wrote for Freddie Mac that was ever published basically said, as part of it, they need more regulations. The only time I’ve talked to the Congress or to the Republicans in Congress was in July of 2008. And it’s actually in the New York Times at the time, and I said, ‘Vote against the bailout.’ I said, ‘Do not help Freddie Mac and Fannie Mae. This is not something you should do.’”
Please read the whole article here....
http://www.cbsnews.com/8301-3460_162-57344816/gingrich-we-earned-criticism-over-freddie-mac/
Please note...
despite being paid nearly $2 million by the mortgage giant between 1999 and 2008.
now that means 9 YEARS divide that 9 years into the 1.6 million the companies received and it is a reasonable amount of money for that service.
As I said in another post. If I as a Republican were to run for office, the dems checked our pay for the same company for 30 years would come up with 2 million dollars. Wow! But that is about 70,000 a year!
They would go on to ask just what sweet deal did we have going on behind closed doors???