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Gingrich Said to Be Paid $1.6M by Freddie Mac (RINO Alert)
Bloomberg | 2011-11-15 | Clea Benson & Dawn Kopecki

Posted on 11/15/2011 9:06:05 PM PST by rabscuttle385

Link only, per FR posting rules


TOPICS: Business/Economy
KEYWORDS: 2012gopprimary; beltwayinsider; bush; corporatewelfare; corruption; cronycapitalist; economy; financialcrisis; freddiemac; gingrich; gse; hispandering; housing; lobbyists; mortgages; pork; porkbarrel; rinos; toobigtofail
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1 posted on 11/15/2011 9:06:06 PM PST by rabscuttle385
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To: rabscuttle385

for services as a historian, according to Newt the other night...


2 posted on 11/15/2011 9:06:53 PM PST by bigbob
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To: rabscuttle385; rintense

How many times do you plan to post this? I guess we should just consider anyone who works for Freddie Mac a criminal, wouldn’t you agree?


3 posted on 11/15/2011 9:11:06 PM PST by mnehring
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To: bigbob

Old news. Newt already answered this question. Freddie Mac contracted w/his consulting co. to deal w/the secondary loan crisis Mac knew was looming. Newt’s firm recommended specific steps to avoid the crisis and Mac ignored the advise.


4 posted on 11/15/2011 9:12:44 PM PST by Son-Joshua (son-joshua)
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To: rabscuttle385

No to Newt for President. He is such a hypocrite. I don’t trust this guy at all. Cain, Bachmann or Santorum. THAT IS IT!!!!!!!!!!!!!!!!!!!!!!!! Oh boy some will say it is a throw away vote to write in my candidate. Why should I have to vote for someone who does not share my principles. This primary is so wrong. I am sick of having to vote for a mediocre Republican with little to zero ethics and principles. This is like some kind of nightmare. Cain, Bachmann and Santorum are principled candidates who SHOULD be respected and supported especially on this site. I am so disappointed with the FREEPERS who are selling their soul just to ensure a liberal Republican gets the nod. Sad. Absolutely Sad. It is so easy for them too.


5 posted on 11/15/2011 9:13:10 PM PST by napscoordinator
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To: rabscuttle385

Newt probably was paid a lot of money by a lot of sources over the years.


6 posted on 11/15/2011 9:13:13 PM PST by BAW (No Romney.)
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To: mnehring

“...One idea that the former Georgia congressman proposed that Freddie Mac didn’t pursue was initiating a program with the Boy Scouts of America to teach youngsters the importance of saving money and maintaining good credit so they would qualify to buy a home later in life....”

Wow, practically criminal! Throw him in jail!

Actually, this article reinforces Newt’s claim that he was an adviser and not a lobbyer. GREAT article!!!!! Perfect timing to exonerate Newt!!!


7 posted on 11/15/2011 9:15:06 PM PST by TitansAFC (Stop the caINSANITY, The Pizza guy is less qualified than Obama!!! No New taxes!!)
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To: BAW

If Newt made recommendations, they should be released for us to see. If he told Freddie and Fannie that they were headed for disaster..then he earned his money and we should be applauding. Publish his recommendations.


8 posted on 11/15/2011 9:15:58 PM PST by Oldexpat
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To: TitansAFC

Quit letting the truth get in the way of a good smear.


9 posted on 11/15/2011 9:16:14 PM PST by mnehring
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To: kalee; TitansAFC; onyx; LuvFreeRepublic; Sea Parrot; SweetCaroline; matthew fuller; Gator113; ...

The “Newt Gingrich for President” ping list!

Great article, courtesy of rabscuttle385, that reinforces what Newt said about being an adviser and not a lobbyist!

Perfect timing to exonerate Newt!!!! :-)
Bookmark this thread!


10 posted on 11/15/2011 9:18:19 PM PST by TitansAFC (Stop the caINSANITY, The Pizza guy is less qualified than Obama!!! No New taxes!!)
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To: mnehring

Gingrich is surging, therefore the MSM is attacking him. Go figure.


11 posted on 11/15/2011 9:18:27 PM PST by doc1019 (Romney will never get my vote)
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To: napscoordinator

Okay, okay, every single Freeper get’s it. You are as pure as the driven snow, always have been and always will be.... and your not going to vote for Newt.

That’s okay, I’ll vote for him and try to get my first two wives to vote for him too.

He has already addressed this... it’s not news and it’s not an issue.... it was legal.


12 posted on 11/15/2011 9:19:18 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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To: rabscuttle385
I guess the only person left on the Republican side would be your RINO guy McRomney!

Romney cannot get over 25% of the conservative vote, that leaves 75% who are opposed to McRomney!

Newt would win in a landslide against Obumbum, McRomney will force a third party run if the old media and the RINO establishment continue to try and force conservatives to support that piece of $hit!

You are still behind the curve in America who have already said they do not want McRomney under any circumstance!

13 posted on 11/15/2011 9:19:27 PM PST by paratrooper82 (We are kicking Ass in Afghanistan, soon we will be home to kick some more Asses in Congress!)
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To: rabscuttle385

newt can now be a consultant to Perry/Palin 2012 !!!!!!!!!!
The only thing they found on Perry was a big rock and Sarah has already been vetted.


14 posted on 11/15/2011 9:22:02 PM PST by biggredd1
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To: Gator113

lol gonna be fun seeing you contort yourself with Newt defenses after all your over the top Cain bashing. Have fun!


15 posted on 11/15/2011 9:22:35 PM PST by over3Owithabrain
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To: rabscuttle385

Sounds like perfect material for an e-book that HuffPo can quote and the media can sensationalize since knowing the facts doesn’t seem to stop the lies. Just print this up as a flyer and stuff it under windshield wipers at the local meeting of the Gullible Society. Several people on FR have already done an excellent job of spelling out why this is totally bogus anti-Newt propaganda.


16 posted on 11/15/2011 9:24:21 PM PST by Rashputin (Obama stark, raving, mad, and even his security people know it.)
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To: TitansAFC
Wow, practically criminal! Throw him in jail!

Say, how do you like the fact your guy is under attack now?

YOu know, I would come to his defense but asses like you make me just say eff it, it''s more fun to watch you suffer.

RINO Newt sucks anyway lol!

17 posted on 11/15/2011 9:26:59 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: Son-Joshua

I have some ocean front property in AZ for you.


18 posted on 11/15/2011 9:27:15 PM PST by Orange1998 (Obama also inherited AAA credit rating.)
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To: rabscuttle385

he’s a rino crap bag since 3 months after 1994


19 posted on 11/15/2011 9:27:44 PM PST by BOOHA
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To: BAW

$ 1.6 million for opinion, REALLY? Come on.


20 posted on 11/15/2011 9:28:46 PM PST by Orange1998 (Obama also inherited AAA credit rating.)
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To: paratrooper82; DoughtyOne; stephenjohnbanker; indylindy; calcowgirl; BufordP; cripplecreek; ...
I guess the only person left on the Republican side would be your RINO guy McRomney!

You're an idiot if you think I supported either McCain or Romney.

FUJM! FUMR!

21 posted on 11/15/2011 9:29:43 PM PST by rabscuttle385 (Live Free or Die)
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To: rabscuttle385

Romney = RINO
Gingrich = RINO
Paul = problems with his social agenda
Cain = driven out by media
Perry = imploded
Others = polling around 3% at this point
Therefore, 0bama = winner, November 2012.

As some forgettable pundit said the other day, Republicans eat their own. Who needs democrats or even the MSM to trash our people when we do such a great job ourselves.

So who ARE you supporting? Maybe the local drain commissioner has the requisite CV and will be recruited?


22 posted on 11/15/2011 9:29:47 PM PST by Joann37
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To: TitansAFC

NPR:

The questions began at the candidates’ debate in Michigan last Wednesday, when CNBC’s John Harwood asked Gingrich what he did for a $300,000 contract with Freddie Mac in 2006.

“I offered them advice on precisely what they didn’t do,” Gingrich said last week.

http://www.npr.org/2011/11/15/142349076/why-did-freddie-mac-pay-newt-gingrich-300-000

This didn’t make him a lobbyist, he said. And by the strict legal definition of “lobbyist,” he’s absolutely right.

“My advice as a historian, when they walked in and said to me, ‘We are now making loans to people who have no credit history and have no record of paying back anything, but that’s what the government wants us to do’ — I said to them at the time, ‘This is a bubble, this is insane, this is impossible,’ “ Gingrich said at last week’s debate.
**********************************************************

I guess it’s not a surprise that, you know, someone’s trying to reinvent history in terms of some advice they gave to Freddie Mac.
- Guy Cecala, publisher of industry newsletter “Inside Mortgage Finance”


23 posted on 11/15/2011 9:29:54 PM PST by fight_truth_decay (No Tag)
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To: rabscuttle385
Rabs, don't be a bone head with this crap. Why don't we just let the best man surface without stepping on our own d!cks?

Bad enough we have to fight the LSM, now we need to battle FReeper zealots too?

Damn, enough of this!

24 posted on 11/15/2011 9:29:56 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: Las Vegas Ron
Rabs, don't be a bone head with this crap.

Dude, no matter how you slice it, Newt is a RINO.


25 posted on 11/15/2011 9:31:42 PM PST by rabscuttle385 (Live Free or Die)
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To: Las Vegas Ron

haha I agree with ya man! These guys were all over Cain any other conservatives when it suited their own guy. Now they are gonna have their turn and all of a sudden attacks are unfair, already been addressed, etc. They let a good man and conservative twist in the wind and in fact piled on with glee. Now it will be a hoot to see the stone throwers have to dodge the rocks lol


26 posted on 11/15/2011 9:31:48 PM PST by over3Owithabrain
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To: Orange1998

Sure, $1.6M is believable. Freddie and Fannie are great at wasting taxpayer funds. The only unbelievable part is that they gave it to a Republican.


27 posted on 11/15/2011 9:31:50 PM PST by Joann37
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To: Orange1998

I’ll buy it if you’ll brush up on your cognitive skills.


28 posted on 11/15/2011 9:31:50 PM PST by moonhawk (Broken Heart(less) Hobbit for Sarah...Now for Newt)
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To: Joann37
Romney = RINO
Gingrich = RINO
Paul = problems with his social agenda
Cain = driven out by media
Perry = imploded
Others = polling around 3% at this point
Therefore, 0bama = winner, November 2012.

Indeed....you would think we'd learn over the years. Nah, we're the party of stupid.

Here comes Romney and then we'll all lement.....why?

Hello obama 4 sure!

29 posted on 11/15/2011 9:33:02 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: Oldexpat
If he told Freddie and Fannie that they were headed for disaster..then he earned his money and we should be applauding

Freddie already denied this happened.

30 posted on 11/15/2011 9:34:48 PM PST by Prokopton
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To: over3Owithabrain

Psssttt..... Please, keep this our secret.

There is only one reason that I bother to “Cain bash”..... it’s in retaliation to all of the Cain love fest members that bash all of those that don’t support him and all of those that question ANYTHING he does or says. He’s the Holy One and can do no wrong, don’t cha know...

Don’t worry about me, I’ll be okay.

Oh, and it gets me away from my other hobby of burying bodies under my house.


31 posted on 11/15/2011 9:36:07 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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To: rabscuttle385
Dude, no matter how you slice it, Newt is a RINO.

And Paul is an idiot, Cain is a womanizer, Perry is an illeagal alien fan, Mitt, no comment and the others don't have a chance.

Now what, should we just shoot ourselves cause there isn't anyone left?!

32 posted on 11/15/2011 9:37:17 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: Gator113
it’s in retaliation to all of the Cain love fest members that bash all of those that don’t support him and all of those that question ANYTHING he does or says

Yeah, I've seen a lot of that childish idiocy around here lately.

For a while there, I was thinking Conservatives were actually grown up adults.

Posts like yours make me truly wonder.

Oh, and please don't retaliate, grow up.

33 posted on 11/15/2011 9:41:02 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: rabscuttle385

Hey idiot, you are right, you did not support McCain or McRomney, you probably voted for Obumbum!

FU!


34 posted on 11/15/2011 9:41:02 PM PST by paratrooper82 (We are kicking Ass in Afghanistan, soon we will be home to kick some more Asses in Congress!)
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To: moonhawk

Agree, its late.


35 posted on 11/15/2011 9:41:14 PM PST by Orange1998 (Obama also inherited AAA credit rating.)
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To: Las Vegas Ron
Say what you will. Princess O has no idea what is coming. If you think the money kings are not ready for this , you are not paying attention. O is for over . No one is buying his jive. But keep your hopes up.
36 posted on 11/15/2011 9:42:08 PM PST by fantom (,)
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To: Gator113
There is only one reason that I bother to “Cain bash”..... it’s in retaliation to all of the Cain love fest members that bash all of those that don’t support him and all of those that question ANYTHING he does or says. He’s the Holy One and can do no wrong, don’t cha know...

That can be said of a select group of followers of ANY of the candidates. I'm just gonna find it entertaining that all the folks who piled on Cain will wake up to realize once the Cain attacks were legitimatized, it's open season on Newt who has FAR more problems both personally and politically.
37 posted on 11/15/2011 9:42:49 PM PST by over3Owithabrain
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To: rabscuttle385

So the same rabscuttle385 who spent so much time on FR smearing Sarah Palin is now doing the same to Newt Gingrich? That’s something you have in common with Vichy Republicans (Jennifer Rubin, David Frum, Kathleen Parker, etc.).

So good of you to do the Dems’ dirty work for them.


38 posted on 11/15/2011 9:43:10 PM PST by Josh Painter ("The only thing these 'investments' will get us is a bullet train to bankruptcy." - Palin)
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To: paratrooper82; EternalVigilance
you probably voted for Obumbum!

No, I didn't.

I voted for an actual third-party conservative in 2008.

39 posted on 11/15/2011 9:43:24 PM PST by rabscuttle385 (Live Free or Die)
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To: Josh Painter
smearing Sarah Palin

Really? How? Or maybe quite a few of her supporters didn't like the heavily-documented reminders of her treachery in Arizona in the 2010 elections?

The truth hurts, man.

40 posted on 11/15/2011 9:46:13 PM PST by rabscuttle385 (Live Free or Die)
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To: fantom

Are you sure you meant that for me?

If you did, I have no idea what you’re trying to say.


41 posted on 11/15/2011 9:47:35 PM PST by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: rabscuttle385

Ah...so you just helped Obama win...but didn’t vote for him. Got it.


42 posted on 11/15/2011 9:48:31 PM PST by Solson (The Voters stole the election! And the establishment wants it back.)
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To: Las Vegas Ron

Oh darn, you went and hurt my feeelin’s.

I didn’t start any of this garbage, but I’ll be damed if I am going to allow the rabid Cain jerks to quiet me. I have sat quietly and I tried to reason with these asshats... I have given up on them.

I look forward to the cries when they finally realize that their One doesn’t have a chance.

Cheers.....


43 posted on 11/15/2011 9:48:36 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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To: Gator113

Pot-Kettle...


44 posted on 11/15/2011 9:51:04 PM PST by over3Owithabrain
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To: over3Owithabrain

If Newt can’t stand the heat, then he shouldn’t be in the kitchen... I think he can take it.

Time will tell.


45 posted on 11/15/2011 9:51:15 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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To: bigbob

lol

Thats a very expensive history lesson from this “model organization”


46 posted on 11/15/2011 9:51:32 PM PST by GeronL (The Right to Life came before the Right to Happiness)
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To: Gator113; Las Vegas Ron
I look forward to the cries when they finally realize that their One doesn’t have a chance.

I've got some news for you both: there is no one coming to save you.

Piss on both parties. Hand in hand, together they have destroyed this country.

47 posted on 11/15/2011 9:51:50 PM PST by rabscuttle385 (Live Free or Die)
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To: over3Owithabrain

Give it up...


48 posted on 11/15/2011 9:52:06 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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To: Solson
Ah...so you just helped Obama win...but didn’t vote for him. Got it.

How exactly did I help Obama?

By not voting for this treasonous bastard?


49 posted on 11/15/2011 9:52:58 PM PST by rabscuttle385 (Live Free or Die)
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To: rabscuttle385

I have 911 on hold. I told them that you had a stroke.... they need your address.


50 posted on 11/15/2011 9:53:48 PM PST by Gator113 (~Just livin' life, my way~.. Newt/West 2012.“I’ve got a lot swirling around in my head.”)
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