Ex-Freddie Mac official said Newt Gingrich paid $1.5 million for consulting

AP via CSM ^ | November 16, 2011 | Pete Yost

[Daffynition]

The former Speaker of the US House and current GOP presidential candidate defended himself Wednesday after news that he received money from the now-troubled government mortgage giant.

[RockinRight]

So? He got paid a fee for consulting? I suppose we’d feel better if he worked for free?

[babble-on]

I say everyone who took money from Fannie and Freddie has to step down from their office today.

[TitansAFC]

Yup, exactly right.

Thread # 45 on the topic..................

[Daffynition]

>>Before Gingrich was hired, Freddie Mac paid $2 million to a Republican consulting firm to kill legislation that would have regulated and trimmed both companies.

The $2 million was money well spent. The legislation died without ever coming to a vote on the Senate floor. But the danger of regulation wasn’t dead, so Freddie Mac hired more consultants, Gingrich among them.<<

[Timber Rattler]

THE NEWT GINGRICH TRUTH FILE (for those FReepers with short memories!)

Newt Gingrich endorses Dede Scozzafava in NY-23 House race

Gingrich Explains Scozzafava Endorsement, Slams Right-Wing Critics

Memo to Gingrich: Get Lost. Now

Gingrich Backs Obamacare's Individual Mandate Requiring Health Insurance

Gingrich donors dropping like flies

Bill Bennett to Gingrich: You’re Shooting at [Paul Ryan] From Behind! (Testy Radio Interview)

Mark Levin grills Newt Gingrich on his comments about Paul Ryan’s plan

Gingrich Calls GOP Medicare Plan 'Right-Wing Social Engineering' (supports individual mandate)

Gingrich Backs Obamacare's Individual Mandate Requiring Health Insurance (Newt praises Romneycare)

Gingrich Backs Obamacare's Individual Mandate

Gingrich Apologizes to Paul Ryan for 'Right-Wing Social Engineering' Criticism

Gingrich: ‘Strategic Blunder’ for Palin to Mock Obama as ‘Community Organizer’

Newt Gingrich Acknowledges ‘Contradictions’ On His Libya Views, ‘I Was Trying To Follow Obama’

Gingrich: My Ad on Global Warming with Pelosi was a "Debate," I will "Not Apologize"

Kerry and Gingrich Hugging Trees -- and (Almost) Each Other

Newt Gingrich, Al Sharpton Education Tour

Newt Gingrich Al Sharpton Education Tour (VIDEO)

[SkyDancer]

Ex-Freddie Mac official said Newt Gingrich paid $1.5 million for consulting

Better headline should have had received instead of paid. It reads like Gingrich paid Freddie Mac to be a consultant.

(yeah, I know, everybody's a grammarian)

[Eric in the Ozarks]

Over several years, I’m told.

[Mr. Lucky]

...everybody's a grammarian.

Really? You write English as if it were your native language.

[RockinRight]

[Fair Paul]

I’m reading “Reckless Endangerment.” That would include almost everyone in D.C. and beyond.

[bigbob]

That’s good, right? Democrats LOOOOVE Fannie and Freddie...

[Deb]

Gee, leftist hack, Pete Yost, pukes up yet another hit piece on a Republican, using un-named sources, for the leftist CSM and here it lands in the middle of Free Republic. Wasn’t there anything in Pravda?

[napscoordinator]

No we would feel better if he was ethical and didn’t work with them at all. This guy has more baggage then a full flight to Europe. Right now it is all kisses and sunshine but just you wait.....they have more ammo than the United States Army. If he is the nomination, we will LOSE this election 100 percent for sure!!!!!

[borg5575]

OK, if not Newt, just whom do you support? Newt is one hundred times smarter than Obama and would wipe the floor with him in the debates, and he would be a much better president. There is no perfect candidate out there. I’ll take Newt with his warts and all over some of those other clowns any day.

[DJ MacWoW]

We've Watched The Spinning Act In The Press And DC Long Enough

Click The Pic

Join Other Conservative Voices And Support FR

[Daffynition]

If this is true...then what? All these d@mn politicos are complicit.

>>Before Gingrich was hired, Freddie Mac paid $2 million to a Republican consulting firm to kill legislation that would have regulated and trimmed both companies.

The $2 million was money well spent. The legislation died without ever coming to a vote on the Senate floor. But the danger of regulation wasn’t dead, so Freddie Mac hired more consultants, Gingrich among them.<<

[Timber Rattler]

[fireforeffect]

My thoughts exactly.

[Daffynition]

Bingo!