I say everyone who took money from Fannie and Freddie has to step down from their office today.
I’m reading “Reckless Endangerment.” That would include almost everyone in D.C. and beyond.
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.<<
I say you're right. This is yet another example of government out of control. How can Newt possibly argue against government over-spending when he himself rode the gravy train?
Should this derail Newt's campaign? Not at all. He just did what most (all?) of us would have done. Grab the money.
Nevertheless, in this instance Newt is part of the problem, not part of the solution.
I agree. It is one of many a money pit in the Government.
Seems to be where political types (millions in undeserved bonuses) go to get a BIG paycheck.
Why I ask would the Freddie need advice from NEWT?
Isn’t anyone tired of the same ole same ole politicians lining their pockets with taxpayer money.