Skip to comments.Gingrich camp's 'last word' on Freddie Mac - Will not release records
Posted on 11/17/2011 11:58:43 AM PST by Fred
click here to read article
No one is “forcing” you to do anything. Take responsibility.
The scandal isn't consulting. There's no shame in that. The scandal is that he took the job to convince conservatives that Fannie Mae's housing policies were good for the nation.
And you know that how?
He says he told them their plan was unsustainable.
He was PAID $1.6 million by Freddie Mac. That certainly does "tie" him to them.
Big freaking deal.
Perhaps it wasn't. But perhaps it was. But Newt's claim that he was consulted for his "historical" perspective is ridiculous. No one believes that. It is absurd. Big companies pay ex-Reps for ACCESS and INFLUENCE. Fredie hired 4 ex-Reps, including Gingrich. Did they want Vin Weber for his "history" chops too? If Newt really stands by that claim - LET'S SEE IT.
Not to mention the fact that it was 10 years ago.
Wow. 2008 was 10 years ago? Time sure does fly.
This is a lot more serious than the attacks on Herman.
Gingrich was first hired as a private citizen by Freddie Mac from 1999-2002. Ten years ago. The time frame you’re whining about him being an “historian” for Freddie. Seems to me that the first doubts about Fannie and Freddie’s solvency were brought up about the same time Gingrich left their employ in 2002. Some influence he had at that time.
Then he was hired again in 2006 - 2008 for $300K a year. That worked out real well for Freddie again too, didn’t it? Democrats won the elections in 2006 and swept the House and the Senate. So unless the Democrats have a secret love affair for Newt I seriously doubt he had much influence with a Democrat congress over Fannie and Freddie during the time of his last employment with them.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.