The Gingriches and Tiffany: When a loan becomes lobbying [Newt=Toast]

Reuters ^ | 5/25/11

[NativeNewYorker]

At the same time Tiffany & Co. was extending Callista (Bisek) Gingrich a virtual interest-free loan of tens of thousands of dollars, the diamond and silverware firm was spending big bucks to influence mining policy in Congress and in agencies over which the House Agriculture Committee–where she worked–had jurisdiction, official records show…

[NativeNewYorker]

It's over.

[dfwgator]

It never started.

[colorado tanker]

I was over last week. Now it’s beyond over.

[RockinRight]

Bye, Newt.

[ilovesarah2012]

Now it makes sense. What normal American owes $250K to Tiffany’s?

[Lazlo in PA]

Bye bye Newt.

[JoeProBono]

[Servant of the Cross]

It's over. Newt dropped the 'big' one.

[momtothree]

“What normal American owes $250K to Tiffany’s?”

One that wouldn’t understand for one second the fact that people are hurting financially. One who wouldn’t understand that some have to choose between gas and what we put into our grocery carts. Just a thought.

[bigbob]

my only regret is that this may not put the fork in his post-defeat career as a pundit, which I’m convinced is the only reason he announced in the first place.

[Made In The USA]

Right, looks like more self inflicted wounds. More reaping of what is sown if the allegations are true.

[Reagan69]

you just can’t make this stuff up.

[stuartcr]

Will Hannity still call him a ‘great American’?

[FES0844]

Karma. Wife #1 must be smiling.

[Eyes Unclouded]

If the checks don’t bounce then yes he will.

[Carling]

Lots of jewelry companies offer “interest-free” loans upon a purchase. The interest is built into the margin of the purchased item.

I guess I don’t see the smoking gun here.

[HereInTheHeartland]

“Bye, Newt.”

Who is Newt? What is a Newt?

[NativeNewYorker]

I have been around Wall Street high society for a few decades. I've spent LOTS of time and money at Tiffanys, which is just a few blocks from my office.

I have NEVER heard of a family with its own six-figure charge account at the jeweler. Newt's account for his wife makes no sense unless he's personally reeling in a minimum of $7 million/year, which seems damn unlikely. And even then, why give all your biz to one shop? Gals like variety and surprise in the trinket department.

BUT, that account as a blind for a "free jewelry" bribery scam makes a whole lot of sense.

[Ken H]

It's not only merely over. It's really most sincerely over.

[stuartcr]

Now that’s a great American.