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Gingrich Said to Be Paid $1.6M by Freddie Mac (RINO Alert)
Bloomberg | 2011-11-15 | Clea Benson & Dawn Kopecki

Posted on 11/15/2011 9:06:05 PM PST by rabscuttle385

Link only, per FR posting rules


TOPICS: Business/Economy
KEYWORDS: 2012gopprimary; beltwayinsider; bush; corporatewelfare; corruption; cronycapitalist; economy; financialcrisis; freddiemac; gingrich; gse; hispandering; housing; lobbyists; mortgages; pork; porkbarrel; rinos; toobigtofail
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To: Orange1998

Monetary jealousy does not become you.


81 posted on 11/15/2011 10:37:16 PM PST by Sea Parrot
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To: napscoordinator; rabscuttle385; Impy
Napscoordinator gets it. I wish more freepers did.

I just got done exposing the REAL Rick Perry to freepers (who were fooled into thinking he actually believes in the "tea party" show he puts on every election). But great, now the media has a bunch of gullible conservatives fawning over Newt Gingrich. And as much as I think Perry sucks (just look at my tagline), I rank Newt even lower on my list of Presidential candidates -- and I met the guy face-to-face in Iowa! (after that meeting I can safely say I will never vote for Newt Gingrich for dog catcher... he was BY FAR the most narcissistic and arrogant pol I met that day)

This is gonna be a chore, exposing Newtie to freepers until the latest monthly flavor ends up with fellow frauds Trump and Perry landed. It would be so much easier if conservatives didn't suffer from bouts of amnesia. That scumbag RINO Peter King is legendary for betraying conservatives 546,676,231 times and every time they act like its the first time ever he's gone to bat for the Dems and they're "shocked" he'd behave that way. All the conservative bloggers who vowed mere months ago that they would never ever vote for Newt now have collective amnesia.

At least pretty boy McCain pal John Thune didn't run. A bunch of freepers love that pork barrel spending twit. (which is ironic as they can't stand Lindsey Graham whose voting record is almost identical to Thune's) Thank heaven for small favors. We won't have to worry about him until veep selection time.

82 posted on 11/15/2011 10:37:30 PM PST by BillyBoy (Rick Perry, the governor with a heart... for illegal aliens.)
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To: Prokopton
Freddie already denied this happened

Well, by golly. That settles it. Freddie would NEVER EVER lie. Yessir, that settles it.

idiot

83 posted on 11/15/2011 10:38:19 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: over3Owithabrain
After the way Palin was treated by both parties and the LSM for over three years, IMO all these candidates are being treated with kid gloves
84 posted on 11/15/2011 10:43:27 PM PST by Sea Parrot
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To: rabscuttle385; paratrooper82; EternalVigilance
No, I didn't.

I voted for an actual third-party conservative in 2008.

Well then, you did indeed vote for obama.

If you didn't vote on the republican ticket, you gave another vote to obama's tally.

It's as simple as that.

boggles my mind that people don't understand this

85 posted on 11/15/2011 10:45:49 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: rabscuttle385
Newt was asked the most stupid thing he can remember doing and headmitted his commercial with Pelosi.

We could pull up a "why did I do that" moment on any person; perhaps you yourself?

He did balance a budget which Clinton & the Dems took credit for. The present day economy, or lack thereof, effect more Americans than a global warming or cleaner environment ad, which most on the street would never remember.

One man's rhino is another man's conservative.

I have not decided on who I want, but that ad is inconsequential to me in choosing a leader that effects my daily life, my economic future.

The Left wants only to divide and conquer, humiliate and scandalize with the help of the useful media elite. Creat chaos. The media will decide who will go up against Obama in how much press time they allow to be broadcast. Just like they blur pictures of Herman Cain in the CBS gallery after the last debate. They can do with photos what they cannot do with words.

The Left enjoys the sniping of republicans vs republicans.

Until the candidates band together and take on the media as a whole, and the obvious enemy: Obama, Pelosi, Reid,etc--then and only then will we see a complete knockdown of the Left at the count, 2012.

86 posted on 11/15/2011 10:47:02 PM PST by fight_truth_decay (No Tag)
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To: maine-iac7

McCain wouldn’t have been any better, unless he died and Palin became President.


87 posted on 11/15/2011 10:47:04 PM PST by dfwgator (I stand with Herman Cain.)
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To: Gator113

snicker - good one


88 posted on 11/15/2011 10:48:23 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: maine-iac7; Orange1998

http://www.npr.org/2011/11/15/142349076/why-did-freddie-mac-pay-newt-gingrich-300-000


89 posted on 11/15/2011 10:49:03 PM PST by fight_truth_decay (No Tag)
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To: Las Vegas Ron

what you said - I’m tired of dodging the bullets from the circle firing squads.

What happened to FR?

It’s getting to be more like a
DU site.

And where are the VIKING KITTIES?


90 posted on 11/15/2011 10:51:20 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: maine-iac7; rabscuttle385

“Let each citizen remember at the moment he is offering his vote that he is not making a present or a compliment to please an individual—or at least that he ought not so to do; but that he is executing one of the most solemn trusts in human society for which he is accountable to God and his country. “

— Samuel Adams

“Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost.”

— John Quincy Adams

“There remains the one standard that has not yet been universally used, namely, the choosing of candidates on moral grounds. A nation always gets the kind of politicians it deserves. When our moral standards are different, our legislation will be different. As long as the decent people refuse to believe that morality must manifest itself in every sphere of human activity, including the political, they will not meet the challenge of Marxism. Contemporary history proves that modern political leaders, devoid of a moral inspiration and relying solely on a mass basis (might makes right), proves ineffectual in time of crisis.”

— Fulton Sheen, “COMMUNISM and the CONSCIENCE of the WEST” -1948


91 posted on 11/15/2011 10:51:23 PM PST by EternalVigilance (We're watching the final throes of the GOPocalypse. Newt Gingrich? Mitt Romney? LOL...)
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To: rabscuttle385

How come they never name the sources. It is always unnamed sources or people close to Fannie and Freddie. It’s like someone don’t want to put their name to this story kind of like Herman Cain’s accusers. Friends of David Axlerod!


92 posted on 11/15/2011 10:52:02 PM PST by tallyhoe
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To: BillyBoy
You must be exhausted ..why not make it easy on yourself and decide here and now to Just Vote Obama.

Ater all, Republicans are scum-bags, totally suck, frauds, amnesiacs narcissistic, arrogant... ;)

93 posted on 11/15/2011 10:57:10 PM PST by fight_truth_decay (No Tag)
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To: maine-iac7

For all you big government types, who have no problem with feeding from the public trough, this story is trending big in the twitter sphere.... It ain’t going away.

Here is my suggestion for you all, to make yourselves useful...Go after Romney, work at getting his negatives up.


94 posted on 11/15/2011 10:58:25 PM PST by Fred (no job no house no gas no food no problem Obama 2012)
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To: oldbrowser
There are a lot of trolls on this site trying to create animosity between conservatives

Got that right.

We didn't used to let them - the Viking Kitties were on guard and they got the ZOT

Where are our Viking Kitties???


95 posted on 11/15/2011 10:59:26 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: napscoordinator; federal__reserve; FlipWilson
. >> I just knew that when I got back to my computer and checked FR that there would be at least a dozen “Newt is a RINO” postings. It is funny to me that when anyone other than Romney becomes the frontrunner these posting start to pop up, hmmmm. <<

I don't recall anyone accusing Cain of being a RINO when he surged to the top. I think he's a closet libertarian on some issues and needs more experience and better communication skills, but I don't think any rational conservative would call him a RINO. A couple of Perrybots piled on him during the whole sexual harassment "scandal", probably because A) They wanted revenge for Rick Perry's mediocre record being exposed nationally and B) They figured if Cain was damaged, Perry could somehow get back on top.

As you can see (and as I predicted, just as I predicted that Perry would flop and muddy up the field if he entered the race), the only one that benefited from Cain's fallout is Newt. And that's bad news for me, as I rank Newt even worse than Perry on my list.

I've been very consistent on this from the beginning. I think Bachmann, Santorum, and Cain are the decent conservatives. I haven't endorsed anyone because I don't see any clear conservative choice, but if any of those three get the nomination or are still in the race and winning delegates by the time my state votes, I'll be happy. Perry and Romney are meh. I don't want either of 'em as the nominee. (Roemer is OK but non-existent in the race). Newt, Johnson, Paul, and Huntsman are unacceptable. My opinion on this hasn't changed.

If a candidate that is Meh or Unacceptable rises in the polls gets a bunch of gullible conservatives to believe they are the tea party savior, I'm going to go after that candidate and expose the truth about them until conservatives stop backing them and turn towards one of the decent candidates. Hence I went after Trump and Perry when their fanboys were cheerleading for them on this forum, and it looks like I'll have to go after Newt next if he stays at the top of the polls. If a bunch of conservatives decided Gary Johnson was the reincarnation of Reagan next week, I'd have to go after him too. Any of them would be better than Obama, but I don't want to risk having sucky severely flawed candidates as my party's nominee in November. They stand a good chance of losing to Obama and if they somehow won, they’d be unlikely to undo all the damage he’s caused. That's the bottom line.

No doubt Romney's strategy is to "stay above the fray", while all the "conservative alternates" emerge and fade as they take a beating in the national spotlight. That seems to be working pretty well for Romney at this point but the problem is not conservatives beating up conservative candidates (these candidates will get the hell beaten out of them by the media in the general election so they better learn to survive the scrutiny in the primary). The problem is conservative voters wasting precious time and muddying up the field by creating "buzz" for lousy candidates and touting them as the conservative savior. Guys like Trump, Perry, and Newt are a distraction from the real conservative choices and waste precious time and money when they're getting non-stop coverage as THE great conservative hope.

96 posted on 11/15/2011 11:03:00 PM PST by BillyBoy (Rick Perry, the governor with a heart... for illegal aliens.)
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To: dfwgator
McCain wouldn’t have been any better, unless he died and Palin became President.

McCain made me cringe - but at least he would not have been hell bent to turn this country and the world over to the muzzies - and we would have had Sarah ready to take over.

I think that would've been better than what has happened to our country in 3 short years.

97 posted on 11/15/2011 11:07:40 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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To: BillyBoy
Good post I largely agree.

Newt was shrewd I'll give him that. Sidled up to Cain in the hope he would get his supporters if and when Cain failed. Acted above the smear campaign until a time when he could subtly jump on the pile with his "Cain needs to answer fully and honestly" claptrap. People have fallen in love with Newt's words when they correctly rejected him early on they forgot already what a lousy candidate he is and will be. The Left has established the character matters meme to their great hypocrisy w Cain, and Newt will be absolutely slaughtered on it as well as his sordid political dealings over the years. Debates won't save him.
98 posted on 11/15/2011 11:10:41 PM PST by over3Owithabrain
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To: rabscuttle385
What do we have so far?

Gingrich was retained not to lobby, and he did not lobby, but to advise. In rendering that advice he applauded the company's plan in 2001, repeat 2001, to:

1.To issue subordinate debt-which is after all the company's business.

2. Manage liquidity-duh-with proper management of liquidity and capital we would not have the mortgage crisis.

3. Undergo capital stress tests-what could be more prudent?

4. Expand various types of risk disclosures-with more transparency there would have been no housing bubble at Fannie Mac.

In applauding these prudent innovations, Gingrich properly put the emphasis on the need to benefit the taxpayer.

Gingrich was allegedly retained to provide written materials. Anonymous sources from Freddie Mac, a hothouse of Democrat operatives, allegedly said:

"He was expected to provide written material that could be circulated among free-market conservatives in Congress and in outside organizations, said two former company executives familiar with Gingrich’s role at the firm. He didn’t produce a white paper or any other document the firm could use on its behalf, they said. "(emphasis supplied)

So, Gingrich did not provide any written material that Freddie Mac could use in its lobbying with Congress.

Why not?

So far all we know from this article is that he supported reforms that would have avoided the mortgage fiasco; what he applauded would have prevented the the meltdown; what he produced was of no use in lobbying Congress to perpetuate the Democrats' money machine.

This article is damning to Gingrich because? So far, it exonerates Gingrich of any conceivable wrongdoing.


99 posted on 11/15/2011 11:11:57 PM PST by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: Fred
For all you big government types, who have no problem with feeding from the public trough,

That's b bit over the top, Freddie.

You know nothing about me...and you are so far wrong it's pitiful. I could tell you my credential to the opposite - but You aren't worth the time.

My sympathies, for wherever you go, for the rest of your life, there you are.

100 posted on 11/15/2011 11:14:24 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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