[fight_truth_decay]

I believe Newt will be hit harder on being an Insider With Benefits, and will not recover. Rush with yesterday's caller [soon to be testifying in court] on Fannie/Freddie, Temporary Credit Ratings provided for higher risk mortgages etc. could expose more on who knew and when they knew. Frank found an appropriate time to leave in more ways than one, could also direct more controversy onto Gingrich.

Paul and Bachmann said do not actively trade stocks.

Beck asks how we can trust Gingrich. Bachmann says Gingrich has taken over 100 million dollars into his headquarters the Newt,Inc. on K Street, the Rodeo Drive of Washington, from "influence peddling" or "crony capitalism".

Link: http://www.glennbeck.com/2011/12/07/michele-bachmann-responds-to-gingrich-on-gbtv-in-interview-with-glenn/

[fishtank]

Bachmann calls Gingrich a "frugal socialist"!!!

From left to right, Newt Gingrich, John Huntsman and Mitt Rmoney.

[Lady Lucky]

She said Newt was “on the take” which implies criminal corruption, e.g., bribery.
Therefore I will not be listening to her anymore.

[fight_truth_decay]

http://www.rushlimbaugh.com/daily/2011/12/07/a_mortgage_broker_on_rapid_credit_rescores_for_subprime_loans

A Mortgage Broker on Rapid Credit Rescores for Subprime Loans
December 07, 2011

“the original part of this rapid rescoring problem. If you had a business or you were a small business person and you didn’t necessarily have a 1099 or W2 or your books didn’t show or you didn’t want it to show that you had enough to pay for this loan, all you had to do was walk in the door with a credit score greater than 700.

RUSH: Okay.

CALLER: And I can tell you that if you were anywhere up north of 580 we could rapid rescore you to 700 within an hour.

CLIP

CALLER: I probably couldn’t name any name, but I can tell you that it was Fannie and Freddie because every mortgage seminar that we went to — remember the little Fannie, Freddie junkets they had in Chicago that people were upset about the $600,000 they spent? Those are relatively common in the mortgage business. We used to go to them once or twice a year. Fannie and Freddie were there, and they might as well have set up a carnival booth. I mean they were so excited about the fact that if you were a new mortgage business and you could get a wholesale line of credit, you could rapid rescore and qualify 500,000 people in a year, and they would back and buy everything you could send them.

[xzins]

Gingrich has businesses in which he was the product that was sold.

It is no different than a lawyer selling his knowledge and expertise.

Newt is extremely knowledgeable and expert in the workings of government.

I’m amazed that lawyers can go back to lawyering and not have these kinds of charges thrown at them.

[Logical me]

If this is all Bachmann can do she is done. Silly woman just doesn't get it. We want specifics what she intends to do as President and this crap doesn't get it.

[MontaniSemperLiberi]

I’m sorry but just because he was hired by Freddie Mac for $1.5million during the run up in the housing bubble to give them historical advice does not mean he’s an insider on the take. Right?