Video: Gingrich offers Mitt a deal

posted at 11:40 am on December 13, 2011 by Ed Morrissey

We didn’t get to this yesterday, but it’s not too late to discuss Newt Gingrich’s pushback to Mitt Romney’s demand that he return over a million dollars from Freddie Mac for consultant services over the past decade. Ron Paul made the same demand, but the media is obviously more interested in Newt-Mitt attacks, and Gingrich didn’t disappoint reporters with his response — even if he did disappoint free-market conservatives:

If Gov. Romney would like to give back all of the money he’s earned from bankrupting companies and laying off employees over his years at Bain, then I would be glad to listen to him.

Romney’s shot at Gingrich might have been a little ill-advised, but Gingrich managed to make things worse with his response — although his follow-up “bet” with reporters was a bit more humorous.  Regardless of whether one thinks that Gingrich’s work for Freddie Mac was legitimate, and I’m inclined to believe so, there’s no comparison between that and Romney’s work at Bain Capital.  Romney didn’t make millions of dollars bankrupting companies and laying off workers for the sake of doing either or both.  Free-market capitalism requires some “creative destruction” to rescue capital that is being used inefficiently and/or badly and putting it to more productive use.

Anyone who doesn’t understand that really doesn’t understand free-market capitalism, and that’s not merely an academic exercise, nor is it a coincidence that this clip got posted to YouTube by anti-capitalist Think Progress.  For instance, the argument against the auto bailouts from both George Bush and Barack Obama was that it interfered with this process, locking assets into inefficient uses and subsidizing failure with billions in public money for private enterprises.  That’s what companies like Bain do, and while the short-term effects are harsh (and some firms act in overly predatory behavior), the process is a necessity to ensure that the long-term use of capital remains efficient and productive.  If Gingrich doesn’t understand that, then how can he argue against the automaker bailout?

Jonah Goldberg, who also wrote about why a “Newtzilla” might be necessary in this cycle, thinks that Gingrich understands it perfectly, but couldn’t resist taking a cheap shot — and should apologize:

Not only is it petulant, leftwing, bunk, there’s no way Gingrich actually believes it (as Ramesh noted on Twitter). I understand that Gingrich doesn’t want to admit his payments from Freddie are, at best, tacky. But there’s no equivalence between Gingrich’s business model and Romney’s. If Romney should return the money he’s earned, if there’s a immoral taint to it, then Gingrich really doesn’t believe in capitalism at all. That’s obviously not the case and so he should explain himself. Lord knows he has the verbal skills to do it. If he can apologize for sitting next to Nancy Pelosi, he can “clarify” his way out of this hole.

That probably won’t happen, although it might explain Gingrich’s new commitment to staying positive:

Newt Gingrich called on his supporters and staff Tuesday to “stay positive” and avoid attacking fellow Republican presidential candidates, the day after he engaged in a verbal back-and-forth with Mitt Romney.

In an email, the former House speaker said he would refrain from attacking other candidates so the GOP nominee emerges from the primary season “un-bloodied,” and encouraged his backers and other Republican contenders to do the same.

“I am instructing all members of my campaign staff and respectfully urge anyone acting as a surrogate for our campaign to avoid initiating attacks on other Republican candidates,” Gingrich wrote. “It is my hope that my Republican opponents will join me in this commitment.”

That is a good policy for Republicans to follow, but in the end it might help Gingrich more — not just because he will be seen as a more positive force, but because it will keep him from taking backfire on his own attacks.

Update (Allahpundit): Via Breitbart TV, here’s Krauthammer dropping the S-bomb on Gingrich on last night’s “Special Report.”


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Four years ago, Gingrich was my first choice. He didn’t run.
This year, Sarah Palin was my first choice. She didn’t run.

Now Gingrich is my first choice again. (And this comes from someone who sang the Palinista song.)

Newt is right about Bain capital. Firms like that have very little to do with capitalism, but everything to do with leveraged debt. That’s not “creative destruction” in the Schumpeter sense, but just plain old destruction. Many firms appear to be doing fine, until leveraged debt becomes available, and then the yuppies take it over and dismantle it and fire people.

Romney is just the world’s oldest yuppie.

Emperor Norton on December 13, 2011 at 1:29 PM

You people have officially been brainwashed by FOX News and Karl Rove who are now aggressively pushing Romney and Gingrich on all their news programs. They’re barely even covering the other candidates anymore. It is only the beginning of the primaries and they have you believing RomneyCare and Gingrich/Sharpton are the only two candidates to choose from. You guys are evil. You’re demons is what you are and you guys deserve to be defeated like Michael the archangel defeated the devil. You make me sick.

apocalypse on December 13, 2011 at 12:52 PM

Correct link to the leftist Rockefeller Republican Gingrich/Sharpton.

apocalypse on December 13, 2011 at 1:29 PM

Krauthammer is just, plain wrong on this one. Gingrich is not so much violating core capitalist principles as he is calling Romney a hypocrite. He (Gingrich) sees his work as legitimate capitalism, and sees Romney’s work at Bain as legitimate capitalism as well. He’s saying he has no more reason to give back his hard-earned money than does Romney.

I think it’s possible that he’s incorrect because his consulting work at Fannie and Freddie may not have been the sort of consulting that is available to ordinary businessmen who don’t have his connections. I also think that the part about “bankrupting companies and laying off workers” is a cheap shot. But I don’t think Gingrich is a socialist, or even a Socialist Lite.

philwynk on December 13, 2011 at 1:32 PM

I think you are suppose to look at Newt’s new anti-negative pledge as an apology.

Cindy Munford on December 13, 2011 at 1:32 PM

PappyD61 on December 13, 2011 at 1:09 PM

I think this might be the same video but your link didn’t work when I tried it. My computer won’t pull up The Blaze website. It says “domain not found”… weird.

Fallon on December 13, 2011 at 1:35 PM

Say no to this RINO frugal socialist. Bachmann is a true conservative. She can actually contrast herself with Obama. When noot tries to contrast himself with Obama, Obama will do the same thing he did with McCain and say “it wasn’t evil socialism when you were supporting it before I did, noot”. We will lose the election with noot and we will do so by selling our principles down the river in the name of a smooth talker who tells people what they want to hear.

NO NOOT.

NO NOOT.

NO NOOT.

Ruiner on December 13, 2011 at 1:35 PM

Correct link to the leftist Rockefeller Republican Gingrich/Sharpton.

apocalypse on December 13, 2011 at 1:29 PM

Hilarious. You want us to reject Newt Gingrich as a candidate because he sat on the same couch as Al Sharpton once?

How old are you, eight?

philwynk on December 13, 2011 at 1:36 PM

Newt needs to come clean on exactly what services he rendered for Freddie/Fanny – $1.5 million over 10 years. was it for influence peddling? If he was only giving advice -it was obviously bad advice. If his advice wasn’t taken, then it is curious they kept paying him for a decade for unwanted advice..

Its very hard for me not to see this as lobbying money..

jdivito on December 13, 2011 at 1:36 PM

You guys are evil. You’re demons is what you are and you guys deserve to be defeated like Michael the archangel defeated the devil.

apocalypse on December 13, 2011 at 12:52 PM

Pretty much! We stole your jesus fish too! :(

lorien1973 on December 13, 2011 at 12:57 PM

That’s not a surprising comment coming from a porn approving, abortion supporter.

apocalypse on December 13, 2011 at 1:38 PM

My problems with Bain are exclusively optical. Obama’s been pushing this war with Wall Street for over a year now and Mitt has done nothing to push back. It’s going to hurt him as a general election candidate.

But he’s entitled to use his own brain and resources to make a living. Everybody is, Newt included. As long as the methods aren’t criminal or morally close, it’s fine. Capitalism is messy. We all do the best we can with what we have.

alwaysfiredup on December 13, 2011 at 1:38 PM

Krauthammer is just, plain wrong on this one. Gingrich is not so much violating core capitalist principles as he is calling Romney a hypocrite. He (Gingrich) sees his work as legitimate capitalism, and sees Romney’s work at Bain as legitimate capitalism as well. He’s saying he has no more reason to give back his hard-earned money than does Romney.

I think it’s possible that he’s incorrect because his consulting work at Fannie and Freddie may not have been the sort of consulting that is available to ordinary businessmen who don’t have his connections. I also think that the part about “bankrupting companies and laying off workers” is a cheap shot. But I don’t think Gingrich is a socialist, or even a Socialist Lite.

philwynk on December 13, 2011 at 1:32 PM

You actually just made Krauthammer’s point. Gingrich see his work at Freddie as capitalistic, which in reality is simply influence peddling. The comparison to Romney’s work at Bain is not even close. If we wanted someone who thinks the economy works that way we’ll just stick with Obama.

luckedout26 on December 13, 2011 at 1:38 PM

Gingrich see his work at Freddie as capitalistic, which in reality is simply influence peddling.

luckedout26 on December 13, 2011 at 1:38 PM

…influence peddling is capitalistic. He was not an elected official. He did not have any constituents to betray. He had no vote on any implicated legislation. He had institutional knowledge and reputation, which he used to make a living as a consultant. You’re basically saying all lobbying is unethical. That’s socialist garbage.

alwaysfiredup on December 13, 2011 at 1:42 PM

When noot tries to contrast himself with Obama, Obama will do the same thing he did with McCain and say “it wasn’t evil socialism when you were supporting it before I did, noot”.

Ruiner on December 13, 2011 at 1:35 PM

And then Gingrich will explain, in very simple terms that everybody can understand, how what he’s been doing and advocating for the past 30 years is VERY different from what Obama has been doing for the past 3, and how it works, and Obama will look incredibly foolish.

You’re well named, but I would not be proud of that, “Ruiner.”

If we lose the election, it will be because know-nothings like “Ruiner,” here, don’t know the difference between a RINO and a politician who knows how to forge alliances in order to build winning coalitions. There is a vast difference. Gingrich has done more to achieve the conservative agenda in action at the federal level than any other living human being, including Michele Bachmann.

philwynk on December 13, 2011 at 1:43 PM

They are the two biggest kids on the block..Sooner or later they are going to fight..:)

Dire Straits on December 13, 2011 at 1:27 PM

..actually, I’d kinda like to see them on the ticket against Obama.

*ducks*

I mean, Romney would attract the independents as POTUS candidate and Newt would end up running the Senate. The debate with Biden would be almost as good as Newt v. The Pantload and it would be the first political debate where the loser would be the functional equivalent of a bowl of lime Jello.

You still got the best guitar licks on HA, Mark.

The War Planner on December 13, 2011 at 1:43 PM

Charles Krauthammer, Glenn Beck, Ann Coulter, Chris Christie, John Sununu, Brit Hume, A.B Stoddard, National Review, Congressional Republicans, Senate Republicans, Bill O’Reilly, Dick Morris, Karl Rove, Fox and Friends, Moaning Joe, S.E. Cupp, and every other creature of the Washington/New York Establishment that fear power returning back to the rubes.

Punchenko on December 13, 2011 at 12:51 PM

Rush was just talking about this. These establishment GOP types are genuinely afraid of conservatism as an idea and they are desperately trying to hold on to their power any way they can. In that sense, they are no different than the Dems. They are not on our side.

I get the distinct sense that these internecine fights we’re having within the GOP is being high-fived and cheered by Dems everywhere. This is gravy for them. Every minute we waste on these fights is a minute less we have to take the fight to Obama. The Dems want to see us squabbling over all our candidates – it’s yet another distraction that takes our focus off the real challenge, which is to get Obama and his crew of Marxists out of the White House.

PatriotGal2257 on December 13, 2011 at 1:44 PM

That’s not a surprising comment coming from a porn approving, abortion supporter.

apocalypse on December 13, 2011 at 1:38 PM

Sometimes you need to watch a little porn to take your mind off the abortion you are having. :(

lorien1973 on December 13, 2011 at 1:46 PM

Weren’t you a Huckabee backer in the last round?

Schadenfreude on December 13, 2011 at 1:02 PM

YES.

If so, he’s backing Romney.

Proof?

Who is your candidate this year?

Michele Bachmann.

apocalypse on December 13, 2011 at 1:47 PM

They are the two biggest kids on the block..Sooner or later they are going to fight..:)

Dire Straits on December 13, 2011 at 1:27 PM

Very true. It’d be nice if surrogates didn’t immediately scream “Socialist!!!”, though.

alwaysfiredup on December 13, 2011 at 1:48 PM

I get the distinct sense that these internecine fights we’re having within the GOP is being high-fived and cheered by Dems everywhere. This is gravy for them. Every minute we waste on these fights is a minute less we have to take the fight to Obama. The Dems want to see us squabbling over all our candidates – it’s yet another distraction that takes our focus off the real challenge, which is to get Obama and his crew of Marxists out of the White House.

PatriotGal2257 on December 13, 2011 at 1:44 PM

Right on, ma’am!

At last I’ve found my long-lost twin sister..and the only other commenter on HA who uses the work internecine in this context.

The War Planner on December 13, 2011 at 1:48 PM

The War Planner on December 13, 2011 at 1:43 PM

You may have it figured out..:)

Dire Straits on December 13, 2011 at 1:48 PM

Hahahaha! If your candidate is as hung up with religious references as you are, it’s no wonder they can’t get any traction in the polls.

csdeven on December 13, 2011 at 1:11 PM

“Fools make a mock at sin:” Proverbs 14:9

apocalypse on December 13, 2011 at 1:49 PM

Who is your candidate this year?

Michele Bachmann.

apocalypse on December 13, 2011 at 1:47 PM

You have fun with that. I assume 90%+ of the GOP electorate will be going to hell for not voting for her, but alas.

alwaysfiredup on December 13, 2011 at 1:49 PM

You still got the best guitar licks on HA, Mark.

The War Planner on December 13, 2011 at 1:43 PM

..:)

Dire Straits on December 13, 2011 at 1:50 PM

..the work word internecine in this context..

..mega-crap! I hereby cast my lot with those who are lobbying for an edit button on HA.

The War Planner on December 13, 2011 at 1:51 PM

You actually just made Krauthammer’s point.

luckedout26 on December 13, 2011 at 1:38 PM

Hardly.

Krauthammer’s point was that to criticize Bain’s work because it laid off workers and closed down companies was part of the socialist mindset.

Your point, which you egotistically and irrationally project onto Krauthammer, is that Gingrich’s consultation with F&F is not capitalistic.

Krauthammer is wrong because Gingrich was not so much criticizing Bain as he was defending his own consultancy. The criticism of Bain was incidental, part of a cheap shot.

You are wrong because Gingrich’s work may not have been influence peddling, and was certainly perfectly legal and appropriately capitalistic in any case.

Next time, think more carefully before you bother me with inaccuracies, k?

philwynk on December 13, 2011 at 1:52 PM

powerful video

http://www.youtube.com/watch?v=Mh0dJnb-rlc&feature=player_embedded

workingclass artist on December 13, 2011 at 1:52 PM

Very true. It’d be nice if surrogates didn’t immediately scream “Socialist!!!”, though.

alwaysfiredup on December 13, 2011 at 1:48 PM

Good point..:)

Dire Straits on December 13, 2011 at 1:52 PM

You have fun with that. I assume 90%+ of the GOP electorate will be going to hell for not voting for her, but alas.

alwaysfiredup on December 13, 2011 at 1:49 PM

..I’d vote for her if she’d start wearing a nice pair of Jimmy Choo pumps with her power suits instead of those combat boots.

The War Planner on December 13, 2011 at 1:53 PM

PatriotGal2257 on December 13, 2011 at 1:44 PM

Excellent point..I agree..I would just add that this inter-party fight within the GOP has been a long time coming and could happen very soon..IMHO..:)

Dire Straits on December 13, 2011 at 1:56 PM

Hardly.

Krauthammer’s point was that to criticize Bain’s work because it laid off workers and closed down companies was part of the socialist mindset.

Your point, which you egotistically and irrationally project onto Krauthammer, is that Gingrich’s consultation with F&F is not capitalistic.

Krauthammer is wrong because Gingrich was not so much criticizing Bain as he was defending his own consultancy. The criticism of Bain was incidental, part of a cheap shot.

You are wrong because Gingrich’s work may not have been influence peddling, and was certainly perfectly legal and appropriately capitalistic in any case.

Next time, think more carefully before you bother me with inaccuracies, k?

philwynk on December 13, 2011 at 1:52 PM

Whoa. I’m egotistical, irrational and bothering you since I don’t agree with you. Ok….

Listen, Gingrich’s work is capitalistic in the sense that he created a service and was paid a fee for that service. However, if you want to compare that to creating capital, building up businesses, and creating jobs, then we have a philosophical difference.

I would prefer to support someone who knows how to create real jobs and real work for Americans in the real world. Not someone who used his name recognition and experience as a politician to help a company suck harder from the government’s teet. If that’s the type of capitalism you like, then you know who you can vote for. Simple as that. Of course, we know how well that worked out for Freddie Mac and the taxpayers…

luckedout26 on December 13, 2011 at 2:03 PM

You guys are evil. You’re demons is what you are and you guys deserve to be defeated like Michael the archangel defeated the devil. You make me sick.

apocalypse on December 13, 2011 at 12:52 PM

Hyperbole much?

Flora Duh on December 13, 2011 at 1:25 PM

You think I’m joking? Every single person who has gotten away from “Thus saith the Lord,” and gone to “What saith the majority?” is putting themselves in jeapordy of facing Jesus one day – Judgment day. I don’t want that for you. He’s going to be very angry about this.

apocalypse on December 13, 2011 at 2:05 PM

Listen, Gingrich’s work is capitalistic in the sense that he created a service and was paid a fee for that service. However, if you want to compare that to creating capital, building up businesses, and creating jobs, then we have a philosophical difference.

Indeed we do. I think you are comparing the best of Romney’s record to the worst of Newt’s. Newt did not spend his life as a FRMC lobbyist. He is rather well known as an architect of some significant conservative legislative victories in the 1990s. Romney, in contrast, is known as an architect of a significant liberal legislative victory in the 2000s.

Both public and private sector records matter here.

alwaysfiredup on December 13, 2011 at 2:06 PM

Yeah, lobbying for FM is no big deal. It’s certainly better then making a reasoned decision to downsize a bloated company. Bain should have just kept the workers and distributed the profits accordingly. Maybe give everyone a raise.

ABR is the new hottness and ,thankfully ,it’s suplanted that idiotic limited government stuff we were spouting at those silly Tea Party rallies.
/

BoxHead1 on December 13, 2011 at 2:07 PM

I don’t want that for you. He’s going to be very angry about this.

apocalypse on December 13, 2011 at 2:05 PM

So you’re saying God wants us to elect Michele Bachmann?

And Jesus answering said unto them, Render to Caesar the things that are Caesar’s, and to God the things that are God’s. –Mark 12:17

alwaysfiredup on December 13, 2011 at 2:08 PM

uhoh…Rush is playing Mitt’s 2003 progressive comment.

workingclass artist on December 13, 2011 at 2:09 PM

At last I’ve found my long-lost twin sister..and the only other commenter on HA who uses the work internecine in this context.

The War Planner on December 13, 2011 at 1:48 PM

Thanks! [blush]

Being an only child, I’ve always wanted a sister. :)

PatriotGal2257 on December 13, 2011 at 2:10 PM

Noot was lobbying. It will get out in the general and it will be pointed out that he lied about it. He will become the evil fat white wall street lobbyist that dems have been demonizing for decades, and the rest of his personal and political baggage will only add to that perception. He will be worse off that Palin when they are finished with him – and the sad part is he’s not even conservative like Sarah.

Ruiner on December 13, 2011 at 2:11 PM

Mr. Morrissey, as one who has had personal experience with Bain type investment banks, and as one who has witnessed what others have experienced with them, they aren’t very nice people to deal with. In fact, these banks, and venture capitalist entities, didn’t get to be so big by being nice guys.

If a company simply needs an infusion of capital but it’s otherwise sound, I’ve seen business owners let these banks in only to be forced out, and their companies taken over. These banks want the money, and will first try to force a sale. If that doesn’t work, they sue and initiate a hostile takeover. Most of these companies didn’t have the means to fight such suits for very long, so the owners usually got out with what they could. Most of these companies that I know were built from the ground up by these folks, and they were family owned.

Have you seen the movie “Pretty Woman?” Richard Gere’s character was such a guy. He took over companies, broke them up and sold them off. When that happens, the new owner doesn’t need the infrastructure that the original company had, and many people lose their jobs.

Thankfully, there is such a thing as Director’s and Officer’s insurance. They will fund a suit as long as the evidence is on their side. I wish the people I know who were forced out of their companies had such insurance. They were too trusting.

kakypat on December 13, 2011 at 2:11 PM

alwaysfiredup on December 13, 2011 at 1:49 PM

Catholics have Purgatory…just sayin’

workingclass artist on December 13, 2011 at 2:12 PM

Ruiner on December 13, 2011 at 2:11 PM

Influence Pedaling has that extra zing to it dontcha think?

workingclass artist on December 13, 2011 at 2:14 PM

..the work word internecine in this context..

..mega-crap! I hereby cast my lot with those who are lobbying for an edit button on HA.

I get the distinct sense that these internecine fights we’re having within the GOP is are being high-fived and cheered by Dems everywhere

Um … it seems I missed an edit of my own here. :)

As someone who holds a B. A. in English, I just embarrassed myself. Yeah, I ride herd on myself the hardest. :)

PatriotGal2257 on December 13, 2011 at 2:17 PM

Rick Perry: Pro-gun, pro-life, states rights, just leave us alone small government Governor for 10 years.

Malachi45 on December 13, 2011 at 2:18 PM

As I said before, that arrogant Krauthammer and his partner Rove “the architect” of 8 years of Bush and his disasterous policies, want Gordon Gecko to win. Newt Pelosi is their second choice if Romney fails. They know exactly what they are doing. These guys are evil.

apocalypse on December 13, 2011 at 2:18 PM

apocalypse on December 13, 2011 at 1:38 PM

I love you holier-than-thou sanctimonious prigs. You’re quite entertaining.

MadisonConservative on December 13, 2011 at 2:18 PM

Say no to this RINO frugal socialist. Bachmann is a true conservative. She can actually contrast herself with Obama.

Ruiner on December 13, 2011 at 1:35 PM

Much respect to Ruiner for actually having the courage to fight for what’s right!

apocalypse on December 13, 2011 at 2:20 PM

Your point, which you egotistically and irrationally project onto Krauthammer, is that Gingrich’s consultation with F&F is not capitalistic.

There’s nothing capitalistic about taking public funds to lobby for a socialist mortgage scheme. The word you are looking for is opportunistic.

Basilsbest on December 13, 2011 at 2:24 PM

Excellent point..I agree..I would just add that this inter-party fight within the GOP has been a long time coming and could happen very soon..IMHO..:)

Dire Straits on December 13, 2011 at 1:56 PM

It can’t happen soon enough for me. Gov. Perry says he wants government to be as inconsequential to our lives as possible. I want these GOP and Dem progressives to be not just inconsequential, but vanquished and their ideas to be thoroughly discredited.

PatriotGal2257 on December 13, 2011 at 2:26 PM

Let’s see here.

(Paraphrasing)

The Newton, “Those people who took money from Fannie and Freddie should go to jail.”

Romney (pointing out the hypocrisy), “Newt, maybe you should give that money YOU took (for lobbying) from Fannie and Freddie back.”

The Newton, “Romney should give back that money he made being a capitalist.”

Who started it?

Who is the hypocrite?

Who is more conservative?

Gunlock Bill on December 13, 2011 at 2:27 PM

this blog and the gop in general just suprised me this cycle.
i was expecting a rally around some tea party hard right candidate, but the self made implosions of perry, bachmann and cain and the self exclusion of palin changed the whole discourse. suddenly the ultimate Washington insider become the right’s champion and in the process, the rhetoric of the last 3 years seemed forgotten in a very short time.
pundits keep pilling on newt but he hangs in there despite all the claims of socialism or big goverment ideas that he put forward in the past. it seems almost that general electorate of the right is more interested in having and apparently intelligent and competent candidate no matter what murky ideology he subscribes to, the morality of his “consultant” work and of his private life.
how did an inflexible commentariat here suddenly become so flexible?
amazing.

nathor on December 13, 2011 at 2:27 PM

PatriotGal2257 on December 13, 2011 at 2:26 PM

Hear!..Hear!..:)

Dire Straits on December 13, 2011 at 2:28 PM

Let’s see here.

Glenn Beck supporting Bachmann and Santorum is really clandestine support for Romney?

A conspiracy NUT needs their foil hat adjusted.

Gunlock Bill on December 13, 2011 at 2:29 PM

The Newton, “Those people who took money from Fannie and Freddie should go to jail.”

Gunlock Bill on December 13, 2011 at 2:27 PM

Let’s stop you right there. How about, “The people entrusted with running FNMA/FRMC who ran it into the ground while sailing away with golden parachutes, and the legislators who ignored and compounded the problems and got patronage jobs there for unqualified friends, should go to jail.”

Would you say every single employee of those orgs should be jailed? Because I wouldn’t. Most were not responsible for the orgs’ actions.

alwaysfiredup on December 13, 2011 at 2:35 PM

Crap. Ron Johnson loses to Roy Blunt.

The GOP Establishment is back in charge now. :-/

rockmom on December 13, 2011 at 2:36 PM

Gunlock Bill on December 13, 2011 at 2:29 PM

That’s the thing. Transparent hacks like Punchenko are so enraged over Mitt’s RINOisms that they completely ignore the fact that Newt Gingrich is not a conservative. Furthermore, all of the other conservatives in the race besides Newt are actually shadowy Romney hit men secretly supporting the evil mastermind Mitt Romney.

Meanwhile Newt Gingrich (according to them) is the ONLY CONSERVATIVE OPTION. wtf?

Ruiner on December 13, 2011 at 2:36 PM

Let’s stop you right there. How about, “The people entrusted with running FNMA/FRMC who ran it into the ground while sailing away with golden parachutes, and the legislators who ignored and compounded the problems and got patronage jobs there for unqualified friends, should go to jail.”

Would you say every single employee of those orgs should be jailed? Because I wouldn’t. Most were not responsible for the orgs’ actions.

alwaysfiredup on December 13, 2011 at 2:35 PM

That group still includes noot.

Ruiner on December 13, 2011 at 2:38 PM

Meanwhile Newt Gingrich (according to them) is the ONLY CONSERVATIVE OPTION. wtf?

Ruiner on December 13, 2011 at 2:36 PM

Who is calling Newt a conservative? I’ve only heard that he is more conservative than Mitt. That’s not saying much.

alwaysfiredup on December 13, 2011 at 2:38 PM

That group still includes noot.

Ruiner on December 13, 2011 at 2:38 PM

I disagree.

alwaysfiredup on December 13, 2011 at 2:39 PM

Who is calling Newt a conservative?

NOT me!!!!

I’ve only heard that he is more conservative than Mitt.

Which is OBVIOUSLY false.

That’s not saying much.

Because it is false.

There is no question that “the Newton” is for big Government.

Gunlock Bill on December 13, 2011 at 2:43 PM

Whoa. I’m egotistical, irrational and bothering you since I don’t agree with you. Ok….

Listen, Gingrich’s work is capitalistic in the sense that he created a service and was paid a fee for that service. However, if you want to compare that to creating capital, building up businesses, and creating jobs, then we have a philosophical difference.

luckedout26 on December 13, 2011 at 2:03 PM

Don’t forget a small business(Newt’s) is the backbone of America’s economy and every small business has the capacity to grow. That is the joy of capitalism. You can’t judge by size.

tinkerthinker on December 13, 2011 at 2:46 PM

That group still includes noot.

Ruiner on December 13, 2011 at 2:38 PM

The Newton was definitely part of that group. He as a leader in congress was entrusted to control F&F and then later slurped up cash from the F&F (publicly funded) trough.

The Newton is the least conservative of all of the GOP candidates and is the WORST by far.

Gunlock Bill on December 13, 2011 at 2:47 PM

Which is OBVIOUSLY false.

Uh huh. Shouting makes it even more true. Isn’t Mitt the guy who called himself a progressive less than 10 years ago? Who signed universal healthcare into law? Who has only been pro-life for about 5 years now? And he’s not just more conservative than the guy who enacted work-based welfare reforms, but obviously so?

Please.

alwaysfiredup on December 13, 2011 at 2:47 PM

“Fools make a mock at sin:” Proverbs 14:9

apocalypse on December 13, 2011 at 1:49 PM

You are saying that those who don’t vote for Bachmann are sinners? Bwahahahahaha!!! You are a religious nutjob!

Hey loon! Jim Jones wants you to meet him in Guyana!

csdeven on December 13, 2011 at 2:47 PM

Newt needs to come clean on exactly what services he rendered for Freddie/Fanny – $1.5 million over 10 years. was it for influence peddling? If he was only giving advice -it was obviously bad advice. If his advice wasn’t taken, then it is curious they kept paying him for a decade for unwanted advice..

Its very hard for me not to see this as lobbying money..

jdivito on December 13, 2011 at 1:36 PM

I would bet you a whopping dime that your not the only one having trouble making this distinction.

trickychicken on December 13, 2011 at 2:48 PM

Hilarious. You want us to reject Newt Gingrich as a candidate because he sat on the same couch as Al Sharpton once?

philwynk on December 13, 2011 at 1:36 PM

It’s not hilarious you sophomoric half-wit. Do you know who Al Sharpton is? Al Sharpton is a racist and anti-semite. Al Sharpton is a hater of whites who held demonstartions outside of Freddies, a white owned store in Harlem, in New York city, and the reasons he held demonstrations was because he had a campaign against white businessmen in harlem. He said if you’re a white businessmen you don’t have a right to do business in Harlem. He called the owner of Freddies a white interloper and he whipped up crowds, demagogically, talking about how white interlopers can’t be doing business in Harlem and they had demonstrations and picketed in front of Freddies. One of the demonstrators, one of the people at Al Sharpton’s demonstration then took a gun went into Freddies, murdered six employee’s of Freddies, murdered six people inside that store – none of whom were white, btw! All of them were minority employees and he murdered them in cold blood and then burned down the store. That is the result of the type of hate mongering that Al Sharpton has been guilty of and Newt Gingrich, whom according to the polls is now the frontrunner for the Republican Presidential nomination in 2012, supported Al Sharpton. Announced that he was meeting with Al Sharpton, that he did meet with Al Sharpton and that he was gonna have a joint educational project with Al Sharpton. He was gonna work on education with Al Sharpton. In 2009, they ended up going on a nationwide tour together so this is more than just sitting on the same couch as Al Sharpton once you sick, imbecilic, disgusting, half-wit!

apocalypse on December 13, 2011 at 2:50 PM

Hear!..Hear!..:)

Dire Straits on December 13, 2011 at 2:28 PM

Thanks! :)

We need an aggressive think tank-type organization filled with people who do nothing else but counter the progressive narrative everywhere it’s found; mandatory copy of Sun Tzu’s “The Art of War” included upon joining.

PatriotGal2257 on December 13, 2011 at 2:50 PM

apocalypse on December 13, 2011 at 2:50 PM

I thought you got banned a couple of years ago.

kingsjester on December 13, 2011 at 2:52 PM

apocalypse on December 13, 2011 at 2:50 PM

You used “half-wit” twice in one post. Poor form. D- for you.

Now tell me again how I’m evil for supporting a different political candidate than you.

MadisonConservative on December 13, 2011 at 2:54 PM

Really disappointed in this field of candidates

Compared to this gang in the WH with their Marxist boot on the throat of American free enterprise – well they all look darn good to me.

trickychicken on December 13, 2011 at 2:55 PM

I thought you got banned a couple of years ago.

kingsjester on December 13, 2011 at 2:52 PM

They did, under the same name, yet misspelled. I don’t expect they’ll last long with the way they’re charging out of the gate.

MadisonConservative on December 13, 2011 at 2:55 PM

Isn’t Newton the guy who was against Reagan before he was for him? Who is for a Federal mandate to buy health insurance just a couple of months ago? Who has only been pro-fidelity in marriage just recently? Who, for the last 3 years, has worked very hard to get money in personal pocket rather than helping get Republicans elected? Who used his Washington insider-ness to funnel public moneys to his pocket?

But he is supposed to be more conservative than the guy who balanced the budget without raising taxes without the help of the .com boom?

Gunlock Bill on December 13, 2011 at 3:00 PM

apocalypse on December 13, 2011 at 2:50 PM

Does Jesus approve of the way you address people?

tinkerthinker on December 13, 2011 at 3:00 PM

This is stupid. He can’t give back the money he received from Freddie Mac. It belongs to Tiffany now.

Gall on December 13, 2011 at 3:02 PM

I think its time for some food. That being said, Apocalypse, aka, if you have a picture of Karl Rove and Charles Krauthammer in your wallet, don’t read my posts please. We’re outta here, baby!

apocalypse on December 13, 2011 at 3:05 PM

This is stupid. He can’t give back the money he received from Freddie Mac. It belongs to Tiffany now.

Gall on December 13, 2011 at 3:02 PM

So I guess you are against capitalism and the freedom to spend money you earn the way you see fit?? Or is it just Newt can’t.

tinkerthinker on December 13, 2011 at 3:06 PM

kakypat on December 13, 2011 at 2:11 PM

Thank you. In talking with some of my less politically obsessed friends, I’m learning that the absolute defense of unfettered capitalism is starting to turn otherwise conservative people off. Glenn Beck did it to me, when he made fun of Blessed Pope John Paul II when the Holy Father commented on the evils of socialism and the evils of the excesses of capitalism. They do exist. The thing that struck me about Newt’s comment on Romney/Bain was that while failing companies might need to cut back, save capital, etc…it is rather unseemly for the person brought in to make a company more efficient to make MILLIONS. At the very least it stinks to high heaven of the excesses of capitalism at the expense of the lowly worker. Call me anti-capitalist if you want, but it is what it is. And I am a capitalist. I believe it is the only system conducive to freedom and Christianity. I believe Jesus was a capitalist and sold his carpentry. ;) But it must be fettered with morality/respect for human dignity. Greed will destroy it, as we are seeing. It is easy to turn people away from a system when they are barely scraping by while their bosses are living in a mansion on each coast, private jets, etc….

That all said, I do not want the government managing businesses/telling us how much we can make, etc. I don’t know what the answer is, short of somehow turning this country back to the Teachings of Christ. You know, looking to the Supreme Judge of the world for the rectitude of our intentions. Rerum Novarum…every politician should read it.

pannw on December 13, 2011 at 3:08 PM

“Anyone (Newt) who doesn’t understand that really doesn’t understand free-market capitalism.”

“Newt, why don’t you get out before you make a bigger fool of yourself?”

scotash on December 13, 2011 at 3:12 PM

PatriotGal2257

I’d be in for Perry if he publicly promised not to support a national Dream act or any form of partial amnesty. I honestly feel like he and his supporters have some compassionate delusions and bizarre ideas about the Hispanic vote. Right now this disqualifies him for me. He is great on the 10th though.

BoxHead1 on December 13, 2011 at 3:14 PM

The Newton believes that FDR is the greatest President of the 20th century.

Not R. W. Reagan but FDR!

Gunlock Bill on December 13, 2011 at 3:16 PM

The Newton is the least conservative of all of the GOP candidates and is the WORST by far.

Gunlock Bill on December 13, 2011 at 2:47 PM

Exactly.

Noot 1994: “This congress won’t pass a single piece of gun legislation”

Soon after we get some of the most obtrusive gun laws yet.

Yes. This is our conservative champion.

Ruiner on December 13, 2011 at 3:21 PM

I will be glad when the field clears down to the top two. I think it will take until after Florida for this to happen.

trickychicken on December 13, 2011 at 3:22 PM

I’d be in for Perry if he publicly promised not to support a national Dream act or any form of partial amnesty. I honestly feel like he and his supporters have some compassionate delusions and bizarre ideas about the Hispanic vote. Right now this disqualifies him for me. He is great on the 10th though.

BoxHead1 on December 13, 2011 at 3:14 PM

I feel the same way. He seems to think illegal aliens are a constituency, one that is better than American citizen.

astonerii on December 13, 2011 at 3:23 PM

I’d be in for Perry if he publicly promised not to support a national Dream act or any form of partial amnesty. I honestly feel like he and his supporters have some compassionate delusions and bizarre ideas about the Hispanic vote. Right now this disqualifies him for me. He is great on the 10th though.

BoxHead1 on December 13, 2011 at 3:14 PM

Nice to know your brain is subject to your feelings.

You honestly feel Gingrich/Romney will deport all illegals and build a border stretching from sea to shining sea, right?

May you enjoy Obama’s second term. /sarc

TheRightMan on December 13, 2011 at 3:26 PM

The Newton loves himself some Yasser (a former leader of the invented ones).

http://www.huffingtonpost.com/2011/12/13/newt-gingrich-palestinians-palestine-yasser-arafat_n_1146132.html

I just love the photo of the Newton and Yasser.

Gunlock Bill on December 13, 2011 at 3:31 PM

Ed Rollins just hinted on Fox that among other tidbits in the opposition research against Romney, it is a fact that in his last year as Governor, he was absent 300 days. And he doesn’t even golf! Does he?

sleepingiantsup on December 13, 2011 at 3:40 PM

Bain Capital accepted millions in government subsidies for the companies they took over.

Why is that capitalist, but accepting a consultant’s paycheck isn’t?

sharrukin on December 13, 2011 at 3:50 PM

Ed Rollins just hinted on Fox that among other tidbits in the opposition research against Romney, it is a fact that in his last year as Governor, he was absent 300 days. And he doesn’t even golf! Does he?

sleepingiantsup on December 13, 2011 at 3:40 PM

Watched it. Said the oppo research file was piled high. I think the 300 days was to start his first presidental campaign. He also warned Mitt that Newt is a fighter. So maybe Mitt is not more electable than any of the other candidates. You know the Dems have the same file.

momoftxmomof3 on December 13, 2011 at 4:18 PM

Bain Capital accepted millions in government subsidies for the companies they took over.

Why is that capitalist, but accepting a consultant’s paycheck isn’t?

sharrukin on December 13, 2011 at 3:50 PM

…and?

Noot was paid to lobby for the behavior that brought down the economy. It’s going to come out eventually. Meanwhile every single business works within the bounds set by the government which sometimes includes subsidies. Not a groundbreaking revelation here, bro.

Ruiner on December 13, 2011 at 4:20 PM

The Newton makes a play for the religious bigot vote in Iowa.

http://caucuses.desmoinesregister.com/2011/12/13/gingrichs-new-iowa-political-director-called-mormonism-a-cult-in-focus-group/

Gunlock Bill on December 13, 2011 at 4:22 PM

Mr. Morrissey, as one who has had personal experience with Bain type investment banks, and as one who has witnessed what others have experienced with them, they aren’t very nice people to deal with. In fact, these banks, and venture capitalist entities, didn’t get to be so big by being nice guys.

If a company simply needs an infusion of capital but it’s otherwise sound, I’ve seen business owners let these banks in only to be forced out, and their companies taken over. These banks want the money, and will first try to force a sale. If that doesn’t work, they sue and initiate a hostile takeover. Most of these companies didn’t have the means to fight such suits for very long, so the owners usually got out with what they could. Most of these companies that I know were built from the ground up by these folks, and they were family owned.

Have you seen the movie “Pretty Woman?” Richard Gere’s character was such a guy. He took over companies, broke them up and sold them off. When that happens, the new owner doesn’t need the infrastructure that the original company had, and many people lose their jobs.

Thankfully, there is such a thing as Director’s and Officer’s insurance. They will fund a suit as long as the evidence is on their side. I wish the people I know who were forced out of their companies had such insurance. They were too trusting.

kakypat on December 13, 2011 at 2:11 PM

Mrs Kakapat, allow me to retort…

Bain isnt an investment bank. It is a private equity fund.

Yes, I have seen Pretty Woman. If you get your understanding of the financial world from Hollywood, then you would be a typical HotAir commentator.

In other words….you know as much about corporate finance and the world of investment banking and private equity as sarah palin.

Jailbreak on December 13, 2011 at 4:23 PM

The Newton makes a play for the religious bigot vote in Iowa.

http://caucuses.desmoinesregister.com/2011/12/13/gingrichs-new-iowa-political-director-called-mormonism-a-cult-in-focus-group/

Gunlock Bill on December 13, 2011 at 4:22 PM

It was only a matter of time. When Iowa is the starting point, you have to really dumb down your message for your audience.

Next election, they should make Utah or Idaho or Arizona, or California, or Nevada the first state. Why should we make the land of the stupid corn farmers the first contest?

Jailbreak on December 13, 2011 at 4:26 PM

Fiscal and social conservative that I am, I still have to scratch my head and ask “these are the frontrunners in the GOP?”

Sheez!

madmonkphotog on December 13, 2011 at 4:35 PM

Watched it. Said the oppo research file was piled high. I think the 300 days was to start his first presidental campaign. He also warned Mitt that Newt is a fighter. So maybe Mitt is not more electable than any of the other candidates. You know the Dems have the same file.

momoftxmomof3 on December 13, 2011 at 4:18 PM

Right. You know I get giddy when I think maybe our guys/gal have found some goodies of their own on Obama that we just don’t know about yet. Wishful thinking? Hope not.

sleepingiantsup on December 13, 2011 at 4:36 PM

You honestly feel Gingrich/Romney will deport all illegals and build a border stretching from sea to shining sea, right?

May you enjoy Obama’s second term. /sarc

TheRightMan

Honestly feel <—-with mathematical certainty FIFY .

I don’t think those 2 will be strong on illegal immigration. I’m afraid that it may end up as Perry’s signature issue though.

BoxHead1 on December 13, 2011 at 4:45 PM

to rescue capital that is being used inefficiently and/or badly and putting it to more productive use.

Anyone who doesn’t understand that really doesn’t understand free-market capitalism,

Oh really, and you do?
So here is a quiz…What business leader sold assets to build up cash and profits for two years, so they could cash in on their contract that paid them a % of profits…leased back the assets (warehouse and production), long term, so the losses show up after the 2 years, and continued till the end of the leases…

right2bright on December 13, 2011 at 4:51 PM

And somehow, capitalists who make money by creating things that people want (Steve Jobs, Bill Gates, Henry Ford, Colonel Sanders) are perceived in a more positive light than capitalists who make money by liquidating things (Romney).

Both are essential aspects of capitalism just as Siberian tigers, dung beetles, and maggots are all part of the “circle of life”. The dung beetles and maggots are certainly essential, and everyone would be up to their necks in dead stuff and dung without them, but somehow I don’t remember many high schools or pro football teams that use them as mascots. Maybe it’s because, although they are necessary, there is a natural aversion to things that make their living off other people’s misfortune.

FredJustFred on December 13, 2011 at 5:48 PM

PatriotGal2257

I’d be in for Perry if he publicly promised not to support a national Dream act or any form of partial amnesty. I honestly feel like he and his supporters have some compassionate delusions and bizarre ideas about the Hispanic vote. Right now this disqualifies him for me. He is great on the 10th though.

BoxHead1 on December 13, 2011 at 3:14 PM

Your wish is granted. Perry is on record as opposing both amnesty and the Dream Act. BTW, what was passed in Texas was not the same as the federal Dream Act. Extrapolating the in state tuition bill to mean he is pro illegals is very inaccurate. He is not.

So how do you feel about Gingrich voting for the Brady Bill?

Malachi45 on December 13, 2011 at 5:50 PM

Gingrich has been in Washington for 34 years. He is an insider, a backroom dealer. Romneycare is a RINO, Flip Flopper who is an empty suit that even his own dog wouldn’t support him in battle. Now I’m sitting here looking at these two choices and I’m ready to throw up in my mouth. IS THIS THE BEST WE HAVE. I WANT TO VOTE FOR SOMEONE.

Danielvito on December 13, 2011 at 1:00 PM

…best post in this thread

I’m not holding my nose again, if those two warts are my choices I’m staying at home and not voting!

Just write someone elses name in when you go to vote if possible. I support Michele Bachmann. I respect your courage for speaking up. Salute my friend.

apocalypse on December 13, 2011 at 6:57 PM

Your wish is granted. Perry is on record as opposing both amnesty and the Dream Act…So how do you feel about Gingrich voting for the Brady Bill?

Malachi45

I need Perry to be on record where I can see it clearly like on TV. He has to put it in his platform. He needs to prove to me he isn’t heartless towards American exceptionalism.

Newt??? I didn’t know about the brady bill. Thanks.

BoxHead1 on December 13, 2011 at 7:05 PM

Sometimes you need to watch a little porn to take your mind off the abortion you are having. :(

lorien1973 on December 13, 2011 at 1:46 PM

…you are evil.. you will be in hell if you continue down this road. Indignation, wrath, tribulation and anguish await you (Romans 2:8-9).

apocalypse on December 13, 2011 at 7:18 PM

newt’s comment is awful and leftist and proves once again he doesn’t think before he opens his big fat mouth.

he’s got a bog fat mouth.

like ralph cramden – with a bomb.

just awful.

reliapundit on December 13, 2011 at 7:27 PM

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