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Predictable: Gingrich Admits He Owes More Than $4 Million Campaign Debt
The Other McCain ^ | 4-8-12 | Robert Stacy McCain

Posted on 04/08/2012 3:50:43 PM PDT by Mozilla

If you haven’t been reading this blog regularly, you may have been shocked by Newt’s confession today on Fox News Sunday:

“Unfortunately, our guys tried to match Romney,” Gingrich said of the Florida match-up. “It turned out, we didn’t have anything like his capacity to raise money.” Gingrich said he has a little less than $4.5 million in campaign debt, and he’s operating on a shoestring budget.

I was there when it happened, although nobody realized it at the time, and it took another seven weeks to learn the truth.

On Feb. 21, the day after his January FEC report became available, I said Gingrich’s spending was “unsustainable,” and when his February report became public March 20, I said he was bankrupt.

There are ways of billing expenses so that a campaign can push forward its obligation. The invoices delivered on March 1 won’t be made public until the March FEC report goes online April 20. Yet was obvious from the February report that Newt’s campaign had spent the entire month trying to maintain an expensive illusion of financial viability, an illusion that did not dissolve until three weeks into March. Apparently, many people still don’t comprehend what a rotten scam it was.

A veteran political observer to whom I spoke by today said, of course, it has become “standard operating procedure” for campaigns to conceal the reality of their finances by agreeing with consultants and vendors to delay invoicing.

On Feb. 29, Santorum’s campaign announced it had raised $9 million in February. A week later, Romney’s campaign said it had raised $11.5 in February. Newt’s campaign kept silent about its February fundraising, and I knew they were hiding bad news.

(Excerpt) Read more at theothermccain.com ...


TOPICS:
KEYWORDS: 2012; evangelicalsvsnewt; newtgingrich; primary; rickscrewedteaparty; whenindoubtblamenewt
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1 posted on 04/08/2012 3:50:49 PM PDT by Mozilla
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To: Mozilla

I just watched the interview. Unfortunately, I get the feeling Newt will be dropping out soon.

I was very touched when he became emotional, talking about his faith. He said that we don’t have to fear anything as long as we hide beneath the Cross, and he choked up and had to pause. God bless him.....I will be so sorry to see him go.


2 posted on 04/08/2012 3:56:00 PM PDT by CatherineofAragon (I can haz Romney's defeat?)
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To: CatherineofAragon

He will certainly make good advisor in many capacities. If we had Santorum, Newt could be a real help mate to a President.


3 posted on 04/08/2012 3:59:20 PM PDT by Sacajaweau
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To: Mozilla

Wow, spending what he can’t afford. What does he think he is, a demonrat?


4 posted on 04/08/2012 4:01:52 PM PDT by sagar
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To: sagar

BO spends $4 million a day on his vacations.

Newt was trying to win the GOP nomination from Romney. It was a good cause.


5 posted on 04/08/2012 4:21:07 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

Yes it was a good cause. The way things sound though it seems at around the time of The Florida primary Newt did not have enough money to compete. So something is completely wrong that Romney had money but the others who ran did not. Romney is going to be the most despised candidate in history of the GOP.


6 posted on 04/08/2012 4:32:56 PM PDT by Mozilla (Rush: Romney is winning like a liberal...that is cause he is a liberal)
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To: driftdiver
Newt was trying to win the GOP nomination from Romney. It was a good cause.

No, his ego got in the way of getting a conservative nominee - although it might not be too late - by taking away votes and delegates from Santorum. If we get stuck with Romney, Gingrich will be to blame.

7 posted on 04/08/2012 4:51:18 PM PDT by SeaHawkFan
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To: SeaHawkFan

If we get stuck with Romney, Gingrich will be to blame.

Sorry, if we get stuck with Romney, we are ALL
to blame.

We did what we could.....but did we really?


8 posted on 04/08/2012 4:54:53 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Mozilla
Romney's been planning his money raising operation since 2008.

Newt wasn't even taken seriously until November and the baggage boobs flocked to the 'sainted' one.

We non-Romney's spent time and donations flipping through too many other failed options. The only one with sufficient infrastructure to compete with Romney was Perry. If he'd had half of Newt's debate prowess, he'd have been the nominee.

9 posted on 04/08/2012 4:55:38 PM PDT by newzjunkey (Newt says, "A nominee that depresses turnout won't beat Barack Obama.")
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To: Sacajaweau
He will certainly make good advisor in many capacities.

Mittens will have no place for him, but then again Mittens will not beat the won.

10 posted on 04/08/2012 5:00:27 PM PDT by itsahoot (Tag lines are a waste of bandwidth, as are most of my comments.)
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To: newzjunkey
Newt wasn't even taken seriously until November and the baggage boobs flocked to the 'sainted' one.

Exactly why Romney will be the one. It was obvious long ago that Newt could not win, take a little credit, because it is due you.

11 posted on 04/08/2012 5:03:18 PM PDT by itsahoot (Tag lines are a waste of bandwidth, as are most of my comments.)
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To: Mozilla

Newt’s a joke. Bellicose doesn’t equal intellect. All he did was win this thing for Romney.

Santorum 2012


12 posted on 04/08/2012 5:05:18 PM PDT by RIghtwardHo
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To: tet68

If we get stuck with Romney, its the Romney supporters we should be blaming


13 posted on 04/08/2012 5:16:38 PM PDT by 4rcane
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To: SeaHawkFan
If we get stuck with Romney, Gingrich will be to blame.

No, if we get stuck with Romney, we will have all of the stupid, brain dead, "duh duh I'll vote fer whoever the news mediers tells me ta vote fer" idiots to blame.

14 posted on 04/08/2012 5:21:01 PM PDT by Yashcheritsiy
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To: RIghtwardHo

Newt’s a joke. Bellicose doesn’t equal intellect. All he did was win this thing for Romney.

Santorum 2012
____________________________________________________________
It is what it is and it has always been that way. You can’t change what “is” is.


15 posted on 04/08/2012 5:21:22 PM PDT by sanjuanbob (Festina Lente)
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To: Mozilla

It’s time for all you Newtie supporters to dig deeper and donate YOUR HARD EARNED MONEY to help pay off his campaign debts. That way, Newt won’t have to take it out of his pocket.


16 posted on 04/08/2012 5:21:30 PM PDT by tennmountainman
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To: driftdiver

It is never a good cause to spend more than you can manage to afford. Now the old fool will have to kiss Romney’s ass, hoping to get the RINO to write debt off. Gingrich is becoming Romney’s slave as we speak.


17 posted on 04/08/2012 5:22:58 PM PDT by sagar
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To: RIghtwardHo

>> Newt’s a joke. Bellicose doesn’t equal intellect. All he did was win this thing for Romney.

>> Santorum 2012

And you and Rick are interested in nailing Zimmerman for manslaughter, right?

Voting for Santorum doesn’t equal intellect.


18 posted on 04/08/2012 5:23:17 PM PDT by Gene Eric (Newt/Sarah 2012)
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To: RIghtwardHo
All he did was win this thing for Romney.

I'm glad Newt has stayed in. At least he offers us a choice besides the two RINOs and America's crazy uncle that make up the rest of the GOP field.

I'm up for him making a third party run. I'd at least rather vote for a conservative who may lose than a RINO who will lose.

19 posted on 04/08/2012 5:25:13 PM PDT by Yashcheritsiy
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Click


20 posted on 04/08/2012 5:25:38 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93)
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To: sagar

Amazing the kind of people ya run into on FR.


21 posted on 04/08/2012 5:26:21 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: RIghtwardHo

And it’s “bellicosity” that would be used for the inequality.


22 posted on 04/08/2012 5:27:33 PM PDT by Gene Eric (Newt/Sarah 2012)
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To: Sacajaweau
.... Newt will NOT be in line for Chairman of the Fed or Secty of the Treasury....

Now, it's back to the grind of being a talking head at left-leaning Fox News....

23 posted on 04/08/2012 5:44:01 PM PDT by ptsal (E)
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To: newzjunkey
"The only one with sufficient infrastructure to compete with Romney was Perry. If he'd had half of Newt's debate prowess, he'd have been the nominee."

It wasn't his lack of prowess; it was the pain meds. After he got off them, he improved, and by the end of his run, his debate performances were great. But it was too late.

I agree with you; if it wasn't for his back surgery fiasco, he would be mopping up now. It makes me sick.

24 posted on 04/08/2012 5:56:14 PM PDT by CatherineofAragon (I can haz Romney's defeat?)
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To: SeaHawkFan
No, his ego got in the way of getting a conservative nominee - although it might not be too late - by taking away votes and delegates from Santorum. If we get stuck with Romney, Gingrich will be to blame.

FACT: For THIRTY-FOUR days, Santorum had no traction and Newt surged in the delegate count by a wide two-one margin.

FACT: In no polling would Santorum take more than 57% of Newt's supporters. On his best day, with not even 6 in 10 moving to Santorum, Santorum still falls to Romney unless he was within 2% on his own. That's the math.

The last, best, opportunity to take Romney down was around Florida.

Santorum refused to exit. Pursuing non-binding caucuses in Feb. to create a false image of strength and viability, he ensured Romney would be the nominee.

I'm sick of the lies spread by the smug and sanctimonious twerps pimping Santorum, a candidate who--like Obama--is faultless for his followers.

25 posted on 04/08/2012 5:57:32 PM PDT by newzjunkey (Newt says, "A nominee that depresses turnout won't beat Barack Obama.")
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To: 4rcane
Why not blame the losers not the apparent winner?
If Cain, Gingrich and Santorum couldn't compete and win against Romney then why should we expect them to magically beat Obama?
26 posted on 04/08/2012 5:57:58 PM PDT by ThirstyMan
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To: sagar
Now the old fool will have to kiss Romney’s ass, hoping to get the RINO to write debt off.

There was also the thread this past week about the company Gingrich started (and apparently no longer associated with) filed for bankruptcy, too.

There is an irony in this report of Gingrich's campaign debt. In 2008, Obama's claim to executive experience was his running his presidential campaign. Now, Gingrich can't even point to running his own as a great accomplishment.
27 posted on 04/08/2012 6:45:31 PM PDT by TomGuy
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To: ThirstyMan
That needs to be repeated -- in bold.

If Cain, Gingrich and Santorum couldn't compete and win against Romney then why should we expect them to magically beat Obama?
28 posted on 04/08/2012 6:49:57 PM PDT by TomGuy
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To: tennmountainman

I intend to do just that.

Mitty’s people called last week wanting 500 bucks and I told them to KMA, that I did not like the man, and will never, ever vote for him. REASON being is not that he won the nomination but how he won it by destroying fellow R’s personally and not on the issues. I am still trying to figure out who is the biggest liar, Mitty or Obama.

I must say he had quite the system attacking every conservative starting with SP immediately after 2008 and destroying their reputations and sometimes attacking their families. OFF LIMITS, IMHO. He did it to them all.


29 posted on 04/08/2012 7:14:29 PM PDT by biff (WAS)
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To: biff

I have no doubt Newt will greatly appreciate your generous donation to help pay off his campaign debts, so he won’t have to use his own money.


30 posted on 04/08/2012 7:33:46 PM PDT by tennmountainman
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To: newzjunkey

Exactly. You had it right as far as the timing went, and and how it went down with Santorum right around Florida.

I will FOREVER blame this guy, and his clueless followers for the outcome of this election. It was RIDICULOUS to think someone like Santorum had it in him to win this nomination.

We had it in Newt. We squandered it. IMO, Americans, and that includes many Republicans, have been foolish, judgemental and stupid — we will reap what we sow.


31 posted on 04/08/2012 7:47:01 PM PDT by LibsRJerks
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To: ThirstyMan

Why not blame the losers not the apparent winner?
If Cain, Gingrich and Santorum couldn’t compete and win against Romney then why should we expect them to magically beat Obama?

**

You are a fool to compare the primaries to the general election.

The primary vote was SPLIT 4 freaking ways, by CONSERVATIVES who refused to unite and by the GOP, who refuses to stop running RINO candidates.

Conservatives COULD NOT, WOULD not unite, which they could have, easily, behind Newt, who had the momentum early. The refused. They were too “bothered” by his past life, which has nothing to do with his real life now. They wanted an alternative, and claimed their alternative candidate woudl somehow prove to be better than the rest. But he could not.

Romney somehow managed to get the “nice hair and looks presidential” vote, enough of it to hang on, and then once Santorum lost momentum, he took the wind out of EVERYONE’s sails, for good.

With the horrid turnout that we’ve seen over this primary, I will be surprised if Romney gets 30% of the vote in the general ...


32 posted on 04/08/2012 7:52:47 PM PDT by LibsRJerks
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To: Mozilla
Predictable: Gingrich Admits He Owes More Than $4 Million Campaign Debt

Can't he just sell Romney an endorsement and clear that right up?

33 posted on 04/08/2012 7:55:26 PM PDT by Onelifetogive (I tweet, too... @Onelifetogive)
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To: LibsRJerks

Funny how you don’t seem to remember facts.

Newt, the greatest debater of all time, had the two worst Florida debates of his long Washington career.

That had NOTHING to do with Santorum.

And by the way, you Newt supporters got Roped a Doped.
Most of u don’t even realize it.


34 posted on 04/08/2012 8:59:10 PM PDT by tennmountainman
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To: newzjunkey

And who’s fault is that for putting all their eggs on the debate performances?

Just because you chose your candidate this way, doesn’t mean that all the rest of us did. Some of us are still fighting Romney even though you’ve already given up.

We need all hands on deck. But we don’t have much time left.


35 posted on 04/08/2012 11:09:02 PM PDT by JCBreckenridge
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To: Mozilla
Rick the official spoiler. I will never forget from the Santos crowd.

They gave us Romney.

36 posted on 04/08/2012 11:09:08 PM PDT by Christie at the beach (I like Newt and would love to see political dead bodies on the floor.)
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To: tennmountainman
Yeah and your state voted for Rick, another Bushie spender.
Oh, wait that was the dems voting for Rick like they were in AL MS Ohio MI WI-Santorum, the man that even the democrats voted for.
37 posted on 04/08/2012 11:12:25 PM PDT by Christie at the beach (I like Newt and would love to see political dead bodies on the floor.)
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To: LibsRJerks

Gingrich had poor organization. Remember Virginia, his home state, where he failed to make the ballot? He was sitting on top of the polls until then. Nothing with Santorum. He was shown to be seriously not viable then.

This is where it all came crashing down for him. The voters realized that Gingrich had serious issues with his finances and organization against Romney, after he missed the VA ballot.

Then Gingrich lost in Iowa, finishing fourth behind Paul.

Santorum, never having lead in any poll, anywhere, spent all his time actually campaigning in Iowa, going door to door and fighting for votes.

This is also why Santorum has won 10 states and will win more. When the crunch in Iowa came down to it - Santorum was willing to do what he had to do to win.

When South Carolina came around, Newt hadn’t done anything before - losing badly in Iowa and in New Hampshire. Yes, Newt managed to win in South Carolina, but at that point, he had won one state - and so had Santorum.

Newt had an opportunity to seize control of the race and take the mantle, in Florida, but he fell far short of Romney there. Was this Santorum’s fault? No. Was it Santorum’s fault that Newt couldn’t connect with voters in Florida? No. Even if you took all of Santorum’s support and gave it to Newt, it would not have been enough.

So what did Newt do after losing in FL, winning in SC? Did he double down his campaign? No. Santorum did - winning in Missouri (where Gingrich didn’t even bother to run), and in Colorado and in Minnesota.

Was it Santorum’s fault that Gingrich didn’t even bother campaigning there? No. Was it Santorum’s fault that not only did he clobber Gingrich, he clobbered Romney? That he got over 50+ percent in Missouri, showing that he could beat Romney in the head to head?

Was this Santorum’s fault for fighting for votes that Newt Gingrich wasn’t willing to fight for?

Newt has only himself to blame for choosing the easier option of campaigning in GA and in SC and in FL, and in the other southern states where he lost. It was a terrible strategy.

Is it Santorum’s fault for any of this?

The reason that people did not unite behind Newt, is simply because they didn’t believe that he could get it done. And they were right.


38 posted on 04/08/2012 11:20:23 PM PDT by JCBreckenridge
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To: Christie at the beach

Not yet, he hasn’t. Unless you’re willing to give up already?


39 posted on 04/08/2012 11:22:56 PM PDT by JCBreckenridge
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To: newzjunkey
Santorums massive ego got in the way once again...A-typical for him...if he doesn't think it's right then nobody else can possibly be....

The media pushed Santorum up , and they have stated as such clear back to Iowa as they knew Newt could more than take on Obama and knock Romney out.

There's a reason Rick was on the bottom of the pack....even he expected to only get face time out of this but certainly not the Presidency..and he still knows that.

The whole deal was to take Newt out of the running....from Romney and from the Obama machine....thus Florida played out as we saw.

Good grief there was, and is now, no concern for Obama about Santorum. He's simply the alternative to Romney since Romney's so very unpopular among conservatives....and he remains a "light-foot" at best...Obamas favorite second.

Heck of a deal we got no thanks to idiotic voters who STILL cannot see the game plays...all they see is who has the ball at the moment...now we're stuck with back room deals and certainly nothing to do with coonservative..not even remotely.

40 posted on 04/09/2012 1:03:17 PM PDT by caww
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To: Christie at the beach
Rick the official spoiler. I will never forget from the Santos crowd..... They gave us Romney

Sure did...they took the bait and ran with it...just as Obama and Romney wanted.

41 posted on 04/09/2012 1:05:42 PM PDT by caww
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To: biff

Yep...and by the way Paul helped cover Romney’s flank .....he’s not innocent in this mess.

The whole Primary was about keeping Newt out of the race... the best shot we had to take on Obama and win...Santorum was elevated by the press at Romney’s and Obamas call. Neither wanted to debate or go against Newt.


42 posted on 04/09/2012 1:11:25 PM PDT by caww
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To: LibsRJerks
You are a fool to compare the primaries to the general election.

Well, I think you are a fool also!
Just because you use the language like that identifies you as an uneducated, foolish communicator.

The primary was a competition that will have one winner. Duh! So the conservative vote was split five ways, four ways, then three, then two. What does it matter?
The problem wasn't the conservatives lack of unity, it was their lack of superior leadership.
I started with Cain and the 9-9-9 plan. I sent lots of money, then Woops!
Then I switched to Gingrich and I watched him set himself on fire after Florida.
I never liked Santorum, Paul is unelectable.
I still like Newt but he ruined his chances, torpedoed his own campaign for reasons unknown to me. Why didn't he stick with his original plan, the one where he refused to attack other Republicans?

So the “nice hair and looks presidential” guy was left standing. Why? because more people voted for him! They didn't vote for the other guys. I'm not going to lie about why it happened. Romney turned out to be the "turtle" that Newt declared himself to be.

43 posted on 04/09/2012 3:13:03 PM PDT by ThirstyMan
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To: ThirstyMan

” Why didn’t he stick with his original plan, the one where he refused to attack other Republicans”

It is irrelevant at this point, but I would really like to know just what Gingrich did or said that was considered “attacking other republicans”. I have supported newt from the beginning and listened to most of his speeches and comments. For the life of me, I have not heard a single thing that should be considered an attack. The only possibility would be his comments and questions about Bain and Romney and frankly, I think those were valid points, and far less viscous than what was being leveled against him.


44 posted on 04/09/2012 3:26:51 PM PDT by Toespi
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To: Toespi
Gingrich promised to follow the Ronald Reagan high road "Thou shalt not speak ill of another Republican."
For a while Newt was all about running a positive campaign. He positioned himself as a uniter of Republicans, a changed man, a father figure urging his fellow R's to remain positive and avoid attacking each other. The eventual nominee should emerge from the primary to face President Obama "unbloodied."

When he lost Florida he stopped being a gentleman. He refused to congratulate Mitt, "He didn't deserve a congratulatory call". He no longer devoted himself solely to the issues like the economy, energy and unemployment. He began attacking Mitt's ability to address these. His funding dried up almost immediately as did his frontrunner status.

Newt appeared to be back to his old self, the Newt so easily caricatured by the Dems: snide, cynical, cutting. Once he lost that high ground, honestly? in my opinion he lost his chances. He lost his presidential air.

45 posted on 04/09/2012 4:02:55 PM PDT by ThirstyMan
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To: ThirstyMan

What a despicable post.


46 posted on 04/09/2012 4:12:30 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: trisham

a most excellent post by you however!


47 posted on 04/09/2012 4:18:11 PM PDT by ThirstyMan
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To: ThirstyMan

How would you recognize an excellent post?


48 posted on 04/09/2012 5:02:15 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: ThirstyMan

So that’s it? I guess I was more interested in hearing about specific attacks against “other” republicans. Let me ask you........when did we first learn Gingrich didn’t call Romney to “congratulate” him and from whom? From what I understand Romney ran a vicious campaign against Newt in Florida, why would he have deserved a congratulations, especially in a dirty primary campaign?


49 posted on 04/09/2012 5:59:19 PM PDT by Toespi
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To: trisham

look for something by trisham I guess


50 posted on 04/09/2012 6:00:09 PM PDT by ThirstyMan
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