Newt was a man of modest means when elected to Congress, now he is a multi millionaire, super rich. I find it very curious how many people go to D.C. with modest wealth and leave super rich. Can some one explain to me how that works? TIA.
The man has written or co-written 23 books, selling millions of books.
During his peak years, he gave about 80 speeches a year, earning $60,000 to $100,000 per speech.
He has also started many companies that earned millions in revenue.
Unlike the other super-rich politicians, this man actually earned his wealth.
Did he use whatever advantage he could, sure. But so did you to get to where you are today. He was just fortunate to have more advantages in life in this area than you or I.
Newt Gingrich left Congress in the mid-1990s and later built three consulting businesses. He earned his fortune.
One of the great advantages Newt Gingrich has is that he was, at one time, at the center of political power in Washington and then left to work in the private sector. He saw the corruption first-hand, and after he left and worked as a consultant this gave him plenty of time to really see what government looks like from the outside. Thus he has said Washington, D.C., is broken and he will change the way Washington works.
Per Jim Robinson:
Newts rebirth agenda: Repeal Obamacare, Dodd-Frank, and Sarbanes-Oxley! Fire the czars! Fire Bernanke! Neuter the Fed and the EPA! Shutter Health, Education, Housing, Labor, Energy, etc. (cant remember them all). Return the 185 some odd socialized federal welfare programs to the states and the people where they can either control them locally or shut them down. Privatize social security and Medicare and or return them to the states and the people. Go to a personal flat tax of 15% after deductions. Reduce the corporate tax rate to 12.5%. Eliminate the capital gains tax. Eventually eliminate the payroll tax after social security is privatized and phased out.
By the way, there do exist some folks who go to the nation’s capital and go home broke.