Eighty-four ethics charges were filed against Speaker Gingrich during his term, including claiming tax-exempt status for a college course run for political purposes. Following an investigation by the House Ethics Committee Gingrich was sanctioned US$300,000.
Gingrich acknowledged in January 1997 that “In my name and over my signature, inaccurate, incomplete and unreliable statements were given to the committee”. The House Ethics Committee concluded that inaccurate information supplied to investigators represented “intentional or ... reckless” disregard of House rules. Special Counsel James M. Cole concluded that Gingrich violated federal tax law and had lied to the ethics panel in an effort to force the committee to dismiss the complaint against him.
The full committee panel did not agree whether tax law had been violated and left that issue up to the IRS. In 1999, the IRS cleared the organizations connected with the “Renewing American Civilization” courses under investigation for possible tax violations.
... Republicans lost five seats in the House in the 1998 elections—the worst midterm performance in 64 years for a party that didn’t hold the presidency. Polls showed that Gingrich and the Republican Party’s attempt to remove President Clinton from office was deeply unpopular among voters.
Gingrich suffered much of the blame for the election loss. Facing a rebellion in the Republican caucus, he announced on November 5, 1998 that he would not only stand down as Speaker, but would leave the House as well.
Gingrich made this announcement only a day after being elected to an 11th term from his district. Commenting on his departure, Gingrich said, “I’m willing to lead but I’m not willing to preside over people who are cannibals. My only fear would be that if I tried to stay, it would just overshadow whoever my successor is.
http://en.wikipedia.org/wiki/Newt_Gingrich
Thanks for your input. That’s pretty much how I remember it (now). Newt’s ethics violations were trumped up and the crime became his supposedly misleading testimony to the Ethics Committee. And the IRS said NO CRIME. The bottom line: The Dems/MSM managed a successful coup.