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Gingrich Switches Bailout Stance (for those on FR with short memories)
ABC News ^
| September 29, 2008
Posted on 03/18/2009 10:14:32 AM PDT by Captain Kirk
Former House Speaker Newt Gingrich reversed course on Monday, issuing a statement saying that if he were still in office he would "reluctantly and sadly" support the $700 billion Wall Street bailout bill.
Gingrich, who led the charge against the bailout last week, explained his change in position by saying that the House Republicans, "reinforced by John McCain," have improved the bill "significantly" so it is "less bad" than the original proposal offered by Treasury Secretary Henry Paulson.
While saying that he sympathizes with any member of Congress who votes "no," Gingrich says in his statement that the crisis of the credit markets is real and could have "horrendous" consequences.
(Excerpt) Read more at blogs.abcnews.com ...
TOPICS: Business/Economy
KEYWORDS: 2008article; bailout; flipflop; gingrich; newt
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Instead of paying attention to Gingrich's recent statements why not instead praise those Republicans who held firm and voted TWICE against Bush's bailout.
To: Captain Kirk
Gingrich is Dead meat....
2
posted on
03/18/2009 10:15:46 AM PDT
by
Paul Ross
(Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
To: Captain Kirk
Gingrich is too unreliable to even consider any future piblic office. He should just quietly go away.......
3
posted on
03/18/2009 10:17:21 AM PDT
by
RedMonqey
To: Paul Ross; Captain Kirk
Gingrich is Dead meat....Oppsss! 
"When buying and selling are controlled by legislation, the first things to be bought and sold are legislators." - P. J. O'Rourke
"Socialism is great until you run out of someone elses money" Margaret Thatcher
"There are two sets of rules. One set for the rulers and another for the rest of us." Richard Yancey, former IRS tax collector
4
posted on
03/18/2009 10:17:40 AM PDT
by
skinkinthegrass
(just b/c you're paranoid, doesn't mean "they" aren't out to get you.. :^)
To: Captain Kirk
While saying that he sympathizes with any member of Congress who votes "no," Gingrich says in his statement that the crisis of the credit markets is real and could have "horrendous" consequences.Agreed. The problem is that the $700 bailout bill will do little if anything to abate the credit crisis, and is likely to make the situation a lot worse.
To: Captain Kirk
I know there are many on FR who think Newt is still the bee's knees, but this is yet another example of why he's NOT.
He was great in his time -- hat tip to 1994's Newt Gingrich. But it's time for him to take up fly fishing or some other hobby, and leave the heavy lifting to the conservatives who "get it" in 2009.
6
posted on
03/18/2009 10:21:08 AM PDT
by
NewJerseyJoe
(Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
To: Captain Kirk
Yep! Bring me Mark Sanford!!!
To: Captain Kirk
Whenever I see a politician make this kind of flip-flop, it tells me he’s driven by something other than core beliefs and a set of principles.
8
posted on
03/18/2009 10:22:23 AM PDT
by
bigbob
To: Captain Kirk
Dah-NEWT is a worthless radical ultra left-wing republican socialist.
He’s trying to move to the center and pretend he is still a conservative.
I turn off any show that has him on, sorry Sean.
9
posted on
03/18/2009 10:23:28 AM PDT
by
stockpirate
(A people unwilling to use extreme violence to preserve liberty, deserves the tyrant that rules them.)
To: NewJerseyJoe
Just more evidence of what I have thought of him all along - just another opportunistic, mealy-mouthed politician. He was NEVER anything else.
10
posted on
03/18/2009 10:23:53 AM PDT
by
pt17
To: Captain Kirk
Look at the date. This was back in September. A lot of people made this mistake back then and have now seen the error of their ways.
11
posted on
03/18/2009 10:25:25 AM PDT
by
twigs
To: Captain Kirk
Gingrich is the republican’s answer to Algore.
12
posted on
03/18/2009 10:26:27 AM PDT
by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: twigs
he knows about the date. Gingrich is still a moron.
13
posted on
03/18/2009 10:27:12 AM PDT
by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: Captain Kirk
What Democrats has the goods or the pictures on you?
14
posted on
03/18/2009 10:31:07 AM PDT
by
truthandlife
("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
To: truthandlife
To: Captain Kirk
Newt drives me crazy. One minute he's a right-winger, next he's
this.
16
posted on
03/18/2009 10:35:45 AM PDT
by
exist
To: Captain Kirk
Gingrich is the smartest and wiset man in the room, how could you say such things!.............(sarc.)
17
posted on
03/18/2009 10:35:53 AM PDT
by
gitmogrunt
(Respect Islam? ..Impossible.......Genocidal Islam respects no one.)
To: Captain Kirk
18
posted on
03/18/2009 10:38:14 AM PDT
by
WOBBLY BOB
(ACORN:American Corruption for Obama Right Now)
To: Captain Kirk
What I meant is every time Gingrich looks like “our guy” he turns to something else. I am wondering if the Dems have “blackmail” material on him. That is all I was saying.
19
posted on
03/18/2009 10:38:33 AM PDT
by
truthandlife
("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
To: NewJerseyJoe
” I know there are many on FR...”
Or put a bit more cogently: “This egocentric hack had his opportunity to well serve our Republic — and he blew it — BIG TIME.”
Gingrich redefines the nomer: “POS”.
20
posted on
03/18/2009 10:39:02 AM PDT
by
dk/coro
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