Posted on 11/21/2011 2:11:10 PM PST by Fred
The Center for Health Transformation, founded by Newt Gingrich, released a statement Monday outlining some of the think tank’s activities, its membership fees and the money it has generated. The disclosure from the center, which Mr. Gingrich left earlier this year, comes amid a flurry of inquiries about the former House speaker’s financial ties.
A number of news stories last week listed clients such as the American Hospital Association and the Pharmaceutical Research and Manufacturers of America, or PhRMA, the main trade association for pharmaceutical houses. The Washington Post reported that Mr. Gingrich’s center had collected $37 million over the past eight years.
The statement from the Center for Health Transformation puts its revenues for the past decade at $55 million.
(Excerpt) Read more at blogs.wsj.com ...
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That explains everything.
As I recall it was ideas to make the health care industry more efficient such as automating doctor's offices and co ordinating with pharmacies. He also had an idea to have a national data bank that would list every persons medical history so that if that person had to be treated in another state on an emergency basis they could just access his history and medications online. The idea was efficient but it was felt that this type of data base could be compromised and misused.
Right. Now Freepers think it’s immoral for a private business to make money? Zuccotti Park, anyone?
Why on EARTH would this be illegal..THis is what they do..this is what they’re groomed for. You may not like the system..but this is the system.
GEEEEZZZZ! This ‘reporter’ worked for an organization funded in part by George Soros (& dozens of other left-wing millionaires) for crying out loud. She has a lot of room to talk!
Another great story of capitalism gone right. Thanks
ya...if he were a true conservative he’d have been selling pencils on the street corner.....
“The statement from the Center for Health Transformation puts its revenues for the past decade at $55 million.”
That is chicken feed in todays money. That is only $5.5 million per year on average. All I can say on this news is “yawn”.
how predictable, the left wing MSM looking and reporting on anything they can find on our lot while they still ignore their messiah and his past.
My 14 year old came home today and said he was told congress is at it’s lowest numbers and obama is 40% and then asked why is that.
One word son.
media, they have been lying for him for years and covering for him.
Fred
everytime I see a thread you pout up I see it is anti Newt.
So it leave me with the impression that either you are working for someone or at least you have an agenda.
Either way why not come clean?
$5 million per annum is truly minuscule by Washington standards. A small office. Likely a staff of ten or less. Contracts sub-contracted out to experts. The rainmaker would have to be Newt himself.
Yeah really.... sounds like Newt has created more jobs than Obama. GO NEWT!
Good Lord. Really? I know Cain is your guy, and I like Herman too, but your irrational hatred of Newt is just nauseating.
I know you didn’t miss the point of my response :^)
“Newtie should be on his way to jail and he may be.”
Why?
Wonder where he would be today without his Congressional Credentials. Probably making $100,000 teaching at some left-wing university in Georgia.
Another Politician playing the system for all it’s worth.
Have a read of Jim’s post on Newtie.
Newt had a job, Obummer raised $800 million in donations in about a year; I guess that makes Obummer the biggest whore of all!!!
I actually knew him when I attended West Georgia College from 70-74. He was my girlfriend's faculty adviser and she liked so much she changed her major to history and took four classes under him.
I also was a constituent of his when the Democratic Party (which had run Georgia since before the Civil War) eliminated his district in an attempt to get rid of him so he moved to the Atlanta suburbs to (successfully) retain his seat.
He was admired by just about everyone who met him and I have no doubt he would have been successful at whatever career he might have chosen. I've known a few authors that have made serious coin.
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