Posted on 05/17/2011 12:02:44 PM PDT by Sub-Driver
Newt Gingrich reportedly owed up to $500,000 to Tiffany Posted by Brian Montopoli
Former House Speaker Newt Gingrich, who entered the 2012 presidential race just last Wednesday, is having an epically bad week. And it's only Tuesday.
On Sunday, Gingrich angered conservatives by criticizing Rep. Paul Ryan's budget plan and semi-supporting an individual mandate for health care. Now he is being stung by a report that he carried up to $500,000 in debt to the Tiffany jewelry company - and may still be carrying it.
Politico got the scoop by looking at financial records filed with the Clerk of the House of Representatives in 2005 and 2006. (CBS News has requested copies of the records, but has not yet seen them.) While Newt Gingrich has not been in the House since 1999, his wife, Callista Gingrich, worked for the House Agriculture Committee through 2007.
According to Politico, Callista Gingrich reported a "revolving charge account" at Tiffany and Company that she indicated was for the debt of her spouse. (A "revolving charge account" is a credit card.) She reported the debt to be in the range of $250,001 to $500,000.
Gingrich spokesman Rick Tyler declined to comment on why the Gingriches were carrying the debt to the jewelry company - or whether they still carried it.
(Excerpt) Read more at cbsnews.com ...
Good thing the IT guys just dropped off my new laptop; this old one is goin' down is a coffee-scented cloud of smoke.
“Has Politico ever looked at any financial statement of the Obama’s since day one?”
####
Aside from the basic fact that Commieco is a PR front for the Democrat Party, of course not!
Why that would be closed-minded, hateful and Ray-Cyst.
Hasn’t the black man suffered enough under the yoke of the white devils? In the “progressive” mind, long suffering blacks get a free pass, good until the year 2718.
No wonder Newt is so afraid of Ryan’s plan. He’s so deep in the hole financially that he is going to need all the free money he can get when he retires.
However, it’s funny how the press jumped on his background, yet could not find a single thing about Obama.
Sheesh....what a pair.
I suppose his ego is on such a trip because of her (although I think she’s strange looking) that he just can’t see that he’ll NEVER be POTUS.
Nice necklace ...
Breakdown at Tiffany’s
A Newt on your arm
May be quite continental,
But diamonds are a girl’s best friend...
Midlife crisis, congressional variety.
LLS
No, demonrats never attack their own... we have higher standards. I want to know the truth about those that would ask for our vote... I expect nothing but lies and evil from the party of satan.
LLS
The Tiffany’s credit card may not be for debt from the jewelry store alone. Lots of stores (Sears, Cabela’s, etc.) issue credit cards that can be used elsewhere. The card is just a Visa that carries a store name.
I don’t know the Tiffany policy, but it could have been a card with a high limit that was used for travel, etc. My husband ran up charges for electronic components on my Cabela’s charge card of $8,000 — none purchased from Cabela’s. These materials were used in the production of other assemblies which we then sold to our customers. All legit.
Good point. The MSM media would like nothing more than to release similar negative stories about each Republican candidate as he/she announces.
And this ONE REPORT from CBS equals more investigation than they did in 4 YEARS of Hussein!!!!! Just a coincidence, no doubt!!!!!
Gauche.
In the early 2000's this was discussed as standard operating procedure by the left for any Republican potential candidate for President or Supreme Court Justice...maybe even cabinet positions. It's probably done both figuratively and literally.
Well the MSM was far more interested in Joe the plumber Wurzelbacher’s trade license than they were in Baraq’s birth certificate and college transcripts.
It makes the battle that much tougher.
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