Skip to comments.Too late to elect Newt Gingrich?
Posted on 09/29/2008 7:18:53 PM PDT by NoobRep
Gingrich's four-point plan includes: (1) suspending immediately mark to market provisions (the accounting practice of valuing a financial position in an investment at its current market price) in the hopes of stopping the downward spiral in asset values and eventually replacing it with a three year rolling average; (2) repealing immediately Sarbanes-Oxley, the 2002 accounting law Gingrich described as "an enormous drag on small business"; (3) setting the capital gains tax rate at zero "matching the Chinese and Singapore" (to encourage private capital to flood into the market picking up properties without the taxpayers being at risk); and (4) passing an "extraordinarily powerful" energy bill ("to return $500 billion a year to the American economy that are currently going overseas").
Kick Paulson out and replace him with Newt!
u b series?
Are you watching him on FOX right now?
You must be mistaken ... according to many here, you must discount everything Newt has to say because he didn’t act perfectly in his marriages. Nevermind that he may be one of the smartest people in the room.
THANK YOU NEWT!!!!!
Newt is an thinktank all his own. He always has been.
Unfortunately he balked at getting in to the Republican race.
An idea man is what the GOP and the country desperately needs right now.
Wow! Newt needs to be on camera non-stop for the GOP and McCain.
The mark-market change sounds fantastic!
He said he’ll be speaking at the national press club tomorrow and talking about these issues.
Didn’t Newt say that the SEC chair could suspend mark to market tomorrow if he wanted to...it requires no vote, right?
He makes sense only when he’s not in elected office.
He one of the smartest person in the room, maybe 20% of the time. On Katerina, Iraq and just about any other major policy issue in the last 8 years he has been dead wrong.
But other then that, yeah, he is the smartest know nothing around.
Dude c’mon. How many of these myopic Gingrich-for-Prez threads we have to endure? HE IS NOT PRESIDENTIAL MATERIAL. He is a helluva advisor, policy wonk, strategist, operative etc. but NOT presidential material.
Since it is obvious that you have a better plan, please let us hear it.
as it is obvious that you
Sure he makes sense, after he got his arse handed to him today with his support of the Bailout.
Does anyone have the number to the SEC? Perhaps a flood of phone calls will help Christopher Cox to suspect the mark-to-market ratio.
And then we should also flood the switchboard at the White House with calls for Paulson’s ouster, as well!
We need to take this momentum of righteous anger on the part of the American public and put it to continued good use to clean up this corruption in government!
And don’t even get me started on this AIG/Goldman Sachs scandal!
I wish he were running for President...
Newt is absolutely right about this mess ! His ideas could save the Republican party and the country if applied ...
Do you mean the one that folded on the budget shutdown?
He does make sense on most things but he will crater to
Oh how smart do you think he is when he starts spewing his usual nonsense about “Global Warming”?
The mark-market change sounds fantastic!No, the Mark to Market change sounds obvious.
Am I hallucinating, or didn’t Newt admit over the weekend he would vote for the bill?
no. i don’t have a tv.
i have digital tv.
um...you know, i don’t disagree with what you posted that newt said.
i do object for these reasons:
1. we have a republican presidential candidate right now and a very excellent vice presidential candidate.
2. the democrat media castrated newt in the ‘90s.
You are invited to enlighten me on just where and how Newt is wrong in his arguments regarding the financial crisis and how to deal with same.
Should stick to writing history books. ;-)
Yes, the marriages, the draft dodging, the bizarre divorce behavior probably make the oval office unattainable. That doesn’t mean he could not go into the cabinet somewhere.
No, Newt is right on this one .
I just wrote a nasty email to my REPUBLICAN representative who voted FOR the bailout.
Newt had good things to say about McCain.
Should stick to something. His flip flopping around is unseemly.
Kick Paulson out and replace him with Newt!
I’ll second that.
I could even understand! I am glad I heard him.
You can elect Newt all you want to anything you want. Few others will, however.
My theory is that Newt got caught up in being a celebrity and doing all the yakking head shows on Sunday mornings.
We could use another Ronald Reagan right about now.
“An idea man is what the GOP and the country desperately needs right now.”
There is a void in that respect that needs to be filled.
Can anyone link me to the NY Times article that Newt was referring to and the one Greta was waving around?
Newt the Quitter?
You want Newt, the guy who took his constituents’ votes, and their campaign money, in his last election and then resigned as soon as he was elected?
What do you suppose he’d do if the going got a little tough on him again?
Prolly go cheat on his wife again...
As smart as Juan McCain when he too goes off about "climate change."
I loved the fact that Great gave him a full half hour.
You should read Newt’s book “Real Change” — he explains very well what happened back then and the mentality of the GOP House leaders. It’s a great read!
So go ahead and ignore anything of value that Newt has to say because he sat on the couch with Pelosi. I’m sure your ability to link a photo is going a long way towards finding a solution to the current problems.
It’s too late, but not too late for some of the Republican boneheads to give his ideas a listen.
No Newt is a one man cult of personality who is right maybe 20% of the time. Problem is you get the other 80% along the way. The guy was, and still is, wrong on Iraq, wrong on Katerina, wrong on Global warming. Also, curious thing about Newt. Throws out all this soundbites, never tells anyone HOW we are suppose to do any of these things. It not abut solutions, it about feeding Newt’s ego.
But I know. Don’t bother then Newt Cult of Personality drones with such pedestrian things as FACTS!
Living up to your screen name this evening, I see.
A capital gains tax of 0% might trigger a flood of selling in locked up assets. No assurance that it would all come back into the market - it might head straight for tax free munis or something. Instant increase in income flowing from investments.
LOL! It was too late to elect Newt Gingrich after Bill Clinton steam-rolled him in ‘95.
A good set of ideas is a good set of ideas. McCain and the Republicans should look at them and utilize them . Personal opinions of Newt aside . Newt is giving our side the way out of this mess and a way to save the election ....
Let’s do this !
Everything that was promised in the "Contract With America" came to pass. Recall that it applied only to the House and that it promised only that a Republican majority would bring these things to a vote.
Everything that was promised did come to a vote in the House and all of them passed (except term limits). Those elements that passed the House and did not become law were rejected by the Senate (which was not bound by the Contract With America).
Newt and the House lived up to their end of the bargain.