Club for Growth rips Newt for criticizing Romney’s investment income

posted at 4:56 pm on January 25, 2012 by Allahpundit

Ed touched on Gingrich’s comments earlier (lefty Greg Sargent gleefully titled his post on the subject, “Capitalism on trial”), but now that big conservative outlets like CFG are pushing back, I figured they deserved a second post. Again, here’s what the putative GOP nominee had to say about Romnney’s outrageous scheme of making big money off of smart investments:

When asked about Romney’s position on immigration, Gingrich said that deporting all undocumented immigrants is unrealistic.

“You have to live in a world of Swiss bank accounts and Cayman Island accounts and making $20 million for no work, to have some fantasy this far from reality,” Gingrich said.

Over to you, Club for Growth:

“Newt Gingrich says he’s a student of history, but he must have gone to the same school as Barack Obama if he is reaching the same wrong conclusion about economic freedom, “said Club for Growth President Chris Chocola. “Mitt Romney made his money from putting capital to work to create jobs and economic growth. We should encourage, not criticize, such behavior. Newt Gingrich’s comment that Mitt Romney made money from ‘no work’ is ridiculous and continues his poisonous attack on economic freedom.”

Says Sargent, “Romney is half right when he says his critics are putting capitalism on trial. This election is putting his brand of capitalism on trial.” Does Newt agree? If so, what does he think is the difference between Romney’s “brand of capitalism” and the real thing given that no one’s accused Mitt of having dodged any taxes with his Swiss and Cayman accounts? Note that there’s nothing about Bain in what Gingrich said this morning so this isn’t a critique per se of corporate takeovers. His objection seems to be more basic, that Romney’s so far out of touch with America’s problems by dint of being rich — or rather, idly rich — that his policy proposals are bound to come out of left field. I’m curious to know what he thinks Romney should do to remedy that. Should he start a charity and manage it just so that he has something to do all day and some reason to interact with people? If that’s too white-collar, how about him taking a nine-to-five job manning the counter at Starbucks? Evidently none of Romney’s decades of work in finance and as governor are sufficient to pull him out of the super-rich “fantasy”-land he currently inhabits, so he needs to take dramatic action to ground himself in real-America’s concerns. Thank goodness there’s a guy with a $500,000 line of credit at Tiffany’s around to give him advice.

Philip Klein asks a question that’ll send a chill down your spine: Is Newt Gingrich a “Saul Alinsky Republican”?

In his seminal 1971 work, “Rules for Radicals,” left-wing community organizer Alinsky laid out his method for instigating change. Many of the tactics he spoke about — such as exploiting resentment and pitting oneself against the establishment — have become a central part of Gingrich’s strategy for securing the Republican presidential nomination…

Gingrich has continued his class warfare strategy in Florida, referring to Romney on Wednesday as somebody who was “liv(ing) in a world of Swiss bank accounts and Cayman Island accounts and making $20 million for no work. …”

It may be odd for somebody claiming to be a conservative to employ the tactics of the left, but Alinsky wrote an entire chapter on the arbitrary ethics of when the ends justify the means, noting that, “generally success or failure is a mighty determinant of ethics.”

Follow the link for more examples of Newt’s Alinskyite strategy, especially vis-a-vis debate moderators and the media. In fairness to Gingrich, it does reflect some sort of genius on his part that he could use tactics championed by one of conservatives’ foremost boogeymen to help turn himself into the conservative standard-bearer in the race. In lieu of video of Newt discussing Romney’s finances, here’s millionaire liberal Jon Stewart goofing on millionaire moderate Mitt Romney for making too darned much money for what he does. Exit quotation: “In the time it took Jon Stewart to say ‘That’s almost $57,000 a day’, the gov’t spent $180,000 (3.3 seconds).”


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In lieu of video of Newt discussing Romney’s finances, here’s millionaire liberal Jon Stewart goofing on millionaire moderate Mitt Romney for making too darned much money for what he does.

Never mind that Stewart pulls down 8 figures annually for doing his show.

Doughboy on January 25, 2012 at 4:59 PM

Are you kidding me (us)?!!! This is ridiculous!

Amjean on January 25, 2012 at 4:59 PM

American Bald Eagle Turds on SOTU!

Mutnodjmet on January 25, 2012 at 5:00 PM

Newter DID say “The era of Reagan is over” !!!!!
**************************************************

FlaMurph on January 25, 2012 at 5:01 PM

CFG is right, what the hell is wrong with America when being financially successful earns you a kick in the pants from everyone?

There is no honor in being poor, none.

Bishop on January 25, 2012 at 5:01 PM

Meanwhile, Romney plans tax increases and a VAT tax. “Republicans” cheer.

Doomberg on January 25, 2012 at 5:01 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

Your candidates are eating each other. Nothing left for us to destroy.
Heartache.

BedBug on January 25, 2012 at 5:03 PM

Go ahead AP. Tell me more.

/Do not care. voting Newt.

Irritable Pundit on January 25, 2012 at 5:05 PM

Meanwhile, Romney plans tax increases and a VAT tax. “Republicans” cheer.

Doomberg on January 25, 2012 at 5:01 PM

Proof, or just your usual bullcrap?

I don’t see any huge structural reforms of the type we need, just rate decreases. But I don’t see any new taxes.

And in citing evidence, let’s hear something from the man himself, and not something you’re ascribing willy-nilly to one of his endorsers.

KingGold on January 25, 2012 at 5:05 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

I agree. It’s Bizarro World around here.

portlandon on January 25, 2012 at 5:05 PM

Thank goodness there’s a guy with a $500,000 line of credit at Tiffany’s around to give him advice.

Nice one AP.

Captain Kirock on January 25, 2012 at 5:05 PM

Neutron newt blows his foot off and then promptly stuffs it in his mouth. This erratic clown will destroy the TEA Party if he’s elected.

csdeven on January 25, 2012 at 5:05 PM

Cindy Munford on January 25, 2012 at 5:01 PM

.
So the message is don’t invest in, or support U.S. Govt. securiities??
Mutual Funds, bad.
ugh !

FlaMurph on January 25, 2012 at 5:05 PM

Doomberg on January 25, 2012 at 5:01 PM

I know, I don’t get it. Romneycare and Obamacare should be the first inkling that nominating Romney is just plain looney and then add the VAT on top on that and conservatives want this? Pathetic really.

noneoftheabove on January 25, 2012 at 5:05 PM

Newt sounds just like O’Bama last night at the SOTU.

If Mitch Daniels is a RINO, then Newt is a full-blown Marxist redistributionist.

haner on January 25, 2012 at 5:06 PM

I’m curious to know what he thinks Romney should do to remedy that. Should he start a charity and manage it just so that he has something to do all day and some reason to interact with people? If that’s too white-collar, how about him taking a nine-to-five job manning the counter at Starbucks?

I asked this question in an earlier thread. I’m curious to see if you get a more satisfactory response than I did.

Kataklysmic on January 25, 2012 at 5:06 PM

These are 2 letters from the WSJ that I thought someone on this website should read. I don’t have permission to use the author’s names, so I won’t. The last one especially bells the cat about newt.

Mitt Romney did not forcibly take one dollar from me or anyone else in making his income and wealth. I am sure he is also paying more in taxes than the value of government services he is getting.

He went to college and has two advanced degrees. Most top 1 percenters have college degrees and many have graduate degrees, as opposed to most of the bottom 1 percenters who do not have college or high school degrees. He worked in a very competitive field at a job where the hours are long, no stopping at 40 hour workweeks in consulting, no overtime pay and no guaranteed weekends and holidays off, and the work and bosses are very demanding.

He is paying his legal amount of taxes.

He is what American opportunity is all about; get educated, learn skills, work hard, excel in a competitive industry, make money.

Am I jealous? Yes, somewhat.

Do I wish I had his income or wealth? Yes.

Is his money invested and helping our economy grow? Yes.

Nothing he does or has done has made the rest of us poor.

Our politicians and their hands in the til, our failed education policy and government run educational system, our overly generous benefits for union and government workers, our government regulations that stifle entrepreneurship and business formations and the lack of skills, motivation, discipline and drive in many of today’s workers have made many of us poorer than we ought to be

President Obama and many of the 99 percenters have an attitude that they are entitled and that society owes them something. Nobody automatically owes anybody anything.

Nothing done by Romney or in the way he made his money justifies the government, you or me taking more of his wealth or income than he already legally pays.

The government will waste the extra money on a failed education system, on more generous government worker benefits, on political paybacks disguised as subsidies, on incentives not to work, etc.

Letter #2

• Here we have an example of someone who is wildly successful, pays his taxes honestly, has disclosed more about his taxes than the rest of the Republican field combined, and at the end of the day pays more to the government than all the hecklers, Newt included.

On the other side of the ledger we have a candidate who insisted Romney must have something to hide, bragged he was disclosing his taxes to much public fanfare, but on closer examination has taken highly questionable, probably illegal tax positions, telling the IRS most of his income earned from speaking fees was “capital gains” and claiming a lower tax rate on that basis, when the IRS’s own publications and any tax adviser will tell you that’s bunk.

Who is hiding, who is lying, and which man deserves the public’s scorn?

And where is the WSJ story on Newt’s tax dodges?

Bambi on January 25, 2012 at 3:41 PM

Bambi on January 25, 2012 at 5:08 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

They’re bonds, I bet a lot of folks have some in a portfolio, same as school teachers and college endowments profit from Bain investments. This is the most ludicrous attack Newt has formulated to date. He is demonizing investment in the name of targeting Romney. If that isn’t straight out of the Alinsky playbook what is?

msmveritas on January 25, 2012 at 5:09 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

That is pretty much what we are seeing here.

It’s all about the haircut.

tetriskid on January 25, 2012 at 5:09 PM

It may be odd for somebody claiming to be a conservative to employ the tactics of the left, but Alinsky wrote an entire chapter on the arbitrary ethics of when the ends justify the means, noting that, “generally success or failure is a mighty determinant of ethics.”

Wrong. Employing the tactics of the left is EXACTLY what the right needs to start doing. While John McRomney is busy saying how lovely a man Obama is, Obama’s sharpening his knives to stick into every inch of Romney’s body.

Or put another way, while Romney will bring a watergun to a knife fight, Obama brings a Howitzer. Newt will bring out an Abrams tank.

angryed on January 25, 2012 at 5:09 PM

Evidently none of Romney’s decades of work in finance and as governor are sufficient to pull him out of the super-rich “fantasy”-land he currently inhabits, so he needs to take dramatic action to ground himself in real-America’s concerns. Thank goodness there’s a guy with a $500,000 line of credit at Tiffany’s around to give him advice.

Heh. That’s gotta give the serial adultery enthusiasts more carpet burns than Newt’s cheating partners got during late nights at the office.

Darth Executor on January 25, 2012 at 5:10 PM

FlaMurph on January 25, 2012 at 5:05 PM

Absolutely not. At this point both candidates are just being ridiculous. We could do dueling missteps and histories all day, everyday. The best I can hope for is that Newt stays in it long enough to scare Gov. Romney right. And don’t give me this B.S. that he’s already there, maybe for you but not for me.

Cindy Munford on January 25, 2012 at 5:10 PM

If Mitch Daniels is a RINO, then Newt is a full-blown Marxist redistributionist.

haner on January 25, 2012 at 5:06 PM

As usual you make no sense. Nobody accused Daniels of being a RINO. It’s just he’s……… zzzzzzz, sorry I fell asleep even thinking about that speech.

angryed on January 25, 2012 at 5:10 PM

KingGold on January 25, 2012 at 5:05 PM

I hear “eleventh commandment” being bandied about quite a bit. Those who use it never seem to grasp its proper context. And it’s being broken here.

KingGold on July 27, 2011 at 1:24 PM

portlandon on January 25, 2012 at 5:11 PM

Oh noes! Newtist colony now convinced that Club for Growth is a dangerous nest of RINOs.

cicerone on January 25, 2012 at 5:11 PM

The Club for Growth has systematically weakened every decent GOP candidate in the past several election cycles. I am absolutely certain that the Club for Growth is an arm of the Democrat Party.

Al-Ozarka on January 25, 2012 at 5:11 PM

Newt sounds just like O’Bama last night at the SOTU.

If Mitch Daniels is a RINO, then Newt is a full-blown Marxist redistributionist.

haner on January 25, 2012 at 5:06 PM

I like this guy.

BedBug on January 25, 2012 at 5:12 PM

Romney can use the Club For Growth statement that Obama and Newt went to the same school of economics quite handsomely in FL. Makes for good TV and radio ads.

matthew8787 on January 25, 2012 at 5:12 PM

Newt, when you save your money over time, you get to invest it in profit-making enterprises that allow your capital to earn you income.

You’d know that, if you weren’t so busy blowing your potential savings at Tiffany’s.

JohnGalt23 on January 25, 2012 at 5:12 PM

And I would like to rip the Club for Growth regarding it’s criticizing of America’s sovereignty and national interest.

abobo on January 25, 2012 at 5:12 PM

haner on January 25, 2012 at 5:06 PM

I like this guy.

BedBug on January 25, 2012 at 5:12 PM

A lib troll who likes HA’s chief Mittbot.
Awwww. Bipartisanship at last.

angryed on January 25, 2012 at 5:13 PM

Your candidates (and PACs and media) are eating each other. Nothing left for (the Democrats and Obama) to destroy.
Heartache.

BedBug on January 25, 2012 at 5:03 PM

Yup.

It’s like standing the Republican candidates against the wall and pounding them with machine gun fire. Because of the rules, one of them will still be alive in November, but at this rate, will be too weakened to hope to defeat Obama. It would be such a change to see even the PACs making substantive attacks against Obama. How about calling him on the real Buffett tax? The increased price we’ll be paying at the pump because Obama blocked the Keystone pipeline so Buffett could make more money from his railroad.

talkingpoints on January 25, 2012 at 5:13 PM

I am absolutely certain that the Club for Growth is an arm of the Democrat Party. retarded.

Al-Ozarka on January 25, 2012 at 5:11 PM

Fixed for accuracy.

JohnGalt23 on January 25, 2012 at 5:13 PM

Oh noes! Newtist colony now convinced that Club for Growth is a dangerous nest of RINOs.

cicerone on January 25, 2012 at 5:11 PM

No, we’ve known the Club for Growth is the enemy of conservatism for a long, long time, Cici. They’re not RINOs, they’re freaking Democrats.

Al-Ozarka on January 25, 2012 at 5:13 PM

haner on January 25, 2012 at 5:06 PM

I like this guy.

BedBug on January 25, 2012 at 5:12 PM

A lib troll who likes HA’s chief Mittbot.
Awwww. Bipartisanship at last.

angryed on January 25, 2012 at 5:13 PM

From an angry, bitter foulmouthed clinger. Perfect.

BedBug on January 25, 2012 at 5:14 PM

Or put another way, while Romney will bring a watergun to a knife fight, Obama brings a Howitzer. Newt will bring out an Abrams tank.

angryed on January 25, 2012 at 5:09 PM

Unfortunately for Newty, there will be no weapons allowed in the auditorium. Besides bashing the moderator, what else does he bring to the fight? The odds are better for total Newt immolation.

cicerone on January 25, 2012 at 5:15 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

If you have a retirement plan or any other investment account, you might be investing in Fanny and Freddie as well. Or if you get a pension from a company, union or the government.

Gelsomina on January 25, 2012 at 5:15 PM

..says the candidate who’s tax plan would take Romney’s tax rate to ZERO…

This world is upside down

gatorboy on January 25, 2012 at 5:15 PM

portlandon on January 25, 2012 at 5:11 PM

And you still don’t understand it, even as you post that.

Just what of what I said breaks the Eleventh Commandment? Let’s pretend that we’re not in the middle of a freaking primary, and that the Commandment is in force here.

I called out another poster for flinging idle accusations without evidence. If I see credible evidence, I’ll take it back.

KingGold on January 25, 2012 at 5:15 PM

I like this guy.

BedBug on January 25, 2012 at 5:12 PM

You two aren’t going to start….you know….spooning or anything, are you?

Bishop on January 25, 2012 at 5:15 PM

JohnGalt23 on January 25, 2012 at 5:13 PM

This from a guy who supports Ron Paul, champion of the extreme left AND the extreme right.

That fringe looks good on you, John.

Al-Ozarka on January 25, 2012 at 5:15 PM

Not every clash is automatically a la Alinsky.

IMO the MTP doesn’t qualify (the economy and anger at the GOP top are issues with the base as everyone who pays attention knows) and the debates hardly qualify. Juan & King wouldn’t have remained frozen if they had been able to come up with some quick and devastating reply.

As for the Cayman Islands, Newt needs to back off and come up with another way to illustrate that Romney is out of touch with people.

INC on January 25, 2012 at 5:15 PM

They’re bonds, I bet a lot of folks have some in a portfolio, same as school teachers and college endowments profit from Bain investments. This is the most ludicrous attack Newt has formulated to date. He is demonizing investment in the name of targeting Romney. If that isn’t straight out of the Alinsky playbook what is?

msmveritas on January 25, 2012 at 5:09 PM

How about pointing fingers at someone for being a consultant for Fannie & Freddie when you have highly paid campaign staff who openly lobbied Fannie & Freddie:

Mitt Romney’s campaign is attacking Newt Gingrich as an “influence peddler.” But it turns out that some of Romney’s closest advisers (or the firms they lobbied for) were paid hundreds of thousands — maybe millions — of dollars on behalf of failed mortgage giant Freddie Mac.

The Romney campaign did not respond to requests for comment.

According to the AP, former Rep. Susan Molinari — a top Romney surrogate and adviser (watch her attacking Gingrich in this video) — was one of the former GOP lawmakers paid quite handsomely to help stop “any meaningful regulation in the years before the housing mortgage giant crashed …”
She’s not alone. One of Romney’s top economic policy advisers, Vin Weber (whom Politico described as a “former Minnesota congressman and certified member of the D.C. power elite), spent years lobbying for the group. According to the AP, in 2006 alone, Webber’s lobbying firm (Clark and Weinstock) was paid $360,297 by Freddie. And according to the AP, Weber made no bones about his close ties to the failed mortgage giant:

“I personally met with the CEO several times and with Hollis and his team regularly,” Weber said in the e-mail. “Clark and Weinstock worked effectively and intensely for Freddie Mac under Dick Syron [Freddie Mac's then-chairman and chief executive] and [Senior Vice President] Hollis McLoughlin.”

Reached for comment, Gingrich spokesman R.C. Hammond said: “We’d like to know when Gov. Romney is going to ask his own advisers to return their money.”

Read more: http://dailycaller.com/2012/01/25/top-romney-advisers-lobbied-for-freddie/#ixzz1kVQ7mxYA

KickandSwimMom on January 25, 2012 at 5:15 PM

Brutal and brilliant piece by AP.

aquaviva on January 25, 2012 at 5:16 PM

According to Mittens brigade members:

Mitt earning $20M by sitting on your ass: capitalism goodness
Newt Spending $300K on jewelry: communist

Mitt buying Freddie Mac bonds: capitalism goodness
Newt working for Freddie Mac: communist

angryed on January 25, 2012 at 5:16 PM

Newt needs to learn real spin, and think a little bit more before he talks. He does the same thing as Romney to earn money, with a different set of skills, and different circumstances.

KOOLAID2 on January 25, 2012 at 5:16 PM

Looooonng knives out for Newt.

tonotisto on January 25, 2012 at 5:16 PM

What do you expect from a “Saul Alinsky Republican” like Newtron Bomb Gingrich but to attack from the left. Newt: The Saul Alinsky Republican

All Newt Swingrich cared about from the start of this campaign was selling a few more books and videos. He’s more surprised then anyone that he has snookered some short-sighted republicans.

Rockshine on January 25, 2012 at 5:16 PM

No, we’ve known the Club for Growth is the enemy of conservatism for a long, long time, Cici. They’re not RINOs, they’re freaking Democrats.

Al-Ozarka on January 25, 2012 at 5:13 PM

Wow! Okay…

cicerone on January 25, 2012 at 5:17 PM

Unfortunately for Newty, there will be no weapons allowed in the auditorium. Besides bashing the moderator, what else does he bring to the fight? The odds are better for total Newt immolation.

cicerone on January 25, 2012 at 5:15 PM

I wasn;t talking about the debates doofus.

angryed on January 25, 2012 at 5:17 PM

Haner
I like this guy.

BedBug on January 25, 2012 at 5:12 PM

Everything you need to know about Mittens right there. The lib troll likes the guy who loves Mittens the most. Funny that.

angryed on January 25, 2012 at 5:18 PM

I like this guy.

BedBug on January 25, 2012 at 5:12 PM

You two aren’t going to start….you know….spooning or anything, are you?

Bishop on January 25, 2012 at 5:15 PM

You jealous?

BedBug on January 25, 2012 at 5:18 PM

“The idea that there is something illegitimate about money earning interest or investing one’s savings expecting a profit was widely held in 13th century Rome. That was not conservatism. It predated free markets, modern economics and a recognition of the time value of money. I am not sure I want to go back to the economic illiteracy of the 13th century or the hate and envy politics of 1950s East Germany.”

damn rino, stinking mitbot, a demo..oh wait, that was Grover Norquist reacting to Newtonomics

runner on January 25, 2012 at 5:18 PM

Who cares. It’s politics.
And this election vs Obama has, like it or not, been framed in class warfare terms. We need someone who will join the war, rhetorically. Mitt says he “won’t say anything incendiary… about Obama.” ! What if Neville Chamberlain had stayed on in England, and, as they were being bombed by Germany had said “we are not going to join this war; let’s give peace a chance.” No go. If Newt be dirty, like Clinton is all, we fight dirt with dirt, not with a lily rich clean manicure.

We need to bring a gun to this gunfight. Not a plastic knife. Newt brings the gun: http://www.newt.org/news/newt-gingrich-response-state-union

anotherJoe on January 25, 2012 at 5:18 PM

Gelsomina on January 25, 2012 at 5:15 PM

NO, Freddie and Fannie are evil and the cause of the collapse of the national economy and Newt lobbied consulted with them and told them to give loans to people who couldn’t afford them! I demand that any and all of my funds be divested from the source of all of our problems.

Cindy Munford on January 25, 2012 at 5:19 PM

Wow! Okay…

cicerone on January 25, 2012 at 5:17 PM

Go check out the CofG’s record of accomplishment. You’ll find its influence has mangaed to elect Democrats…not Republicans for the most part.

Al-Ozarka on January 25, 2012 at 5:19 PM

So I guess keeping wealth in Swiss bank accounts and in the Cayman Islands is all part of Captialism. I like the part where the all American Romney has large foreign investments. That is good for America.

Zelsdorf Ragshaft on January 25, 2012 at 5:19 PM

Mitt earning $20M by sitting on your ass: capitalism goodness
Newt Spending $300K on jewelry: communist

Mitt buying Freddie Mac bonds: capitalism goodness
Newt working for Freddie Mac: communist

angryed on January 25, 2012 at 5:16 PM

And just who among the Mittbots have attacked Gingrich for his Tiffany’s account outside the context of accusing him of hypocrisy in bashing the wealthy?

And Romney didn’t earn his money but sitting “on his ass.” He made wise investment decisions, worked at a venture capital firm, and managed his money effectively. I think we all ought to aspire to becoming so wealthy that the only use of our time that remains is using our money to help others.

KingGold on January 25, 2012 at 5:19 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

I agree. It’s Bizarro World around here.

portlandon on January 25, 2012 at 5:05 PM

You know what’s Bizarro World around here? That suddenly not cheating on your sick wife is elitist and mutual funds are evil.

Gelsomina on January 25, 2012 at 5:19 PM

BedBug on January 25, 2012 at 5:12 PM

I like “haner” too. I’ve been reading his/her posts for a week or two. I’m digging him/her. *Thumbs up*

LiquidH2O on January 25, 2012 at 5:19 PM

Is it okay to bash Newt for Freddie while investing and profiting from them? All of this is most confusing.

Cindy Munford on January 25, 2012 at 5:01 PM

What is bashed if Newt’s hypocrisy on his job of selling political influence to the Fed and the lack of transparency of it all. He got millions of taxpayers money for exactly which historian work?

What’s wrong with investing in Freddie Mac? I bet a large percentage of the readership of this forum does that. Are you sure you don’t?

It’s quite telling you find this confusing though. Not surprising.

joana on January 25, 2012 at 5:19 PM

As I recall The Club for Growth helped elect freshmen Senators Johnson (WI), Toomey (PA), Blunt (MO), Ayotte (NH), Rubio (FL), among others… these are Jim Demint brethren, not RINOs.

matthew8787 on January 25, 2012 at 5:19 PM

This from a guy who supports Ron Paul, champion of the extreme left AND the extreme right.

That fringe looks good on you, John.

Al-Ozarka on January 25, 2012 at 5:15 PM

From someone who just claimed that the C4G, founded by Steve Moore, run by Chris Chocola, is an arm of the Democratic Party, I’ll take that as a compliment.

This is up there with the Birchers claiming that Ike was tool of the Reds. As I say, retarded.

JohnGalt23 on January 25, 2012 at 5:20 PM

As I recall The Club for Growth helped elect freshmen Senators Johnson (WI), Toomey (PA), Blunt (MO), Ayotte (NH), Rubio (FL), among others… these are Jim Demint brethren, not RINOs.

matthew8787 on January 25, 2012 at 5:19 PM

You must be late to the party. All of those guys are Officially RINOs, because they had the temerity to get elected to Congress and they haven’t endorsed Newt Gingrich yet.

KingGold on January 25, 2012 at 5:21 PM

BedBug on January 25, 2012 at 5:12 PM

I like “haner” too. I’ve been reading his/her posts for a week or two. I’m digging him/her. *Thumbs up*

LiquidH2O on January 25, 2012 at 5:19 PM

Excellent.

BedBug on January 25, 2012 at 5:21 PM

And just who among the Mittbots have attacked Gingrich for his Tiffany’s account

KingGold on January 25, 2012 at 5:19 PM

You’re kidding right? Every Newt thread by comment 10 there is some mention of Tiffany’s.

And Romney didn’t earn his money but sitting “on his ass.” He made wise investment decisions, worked at a venture capital firm, and managed his money effectively. I think we all ought to aspire to becoming so wealthy that the only use of our time that remains is using our money to help others.

KingGold on January 25, 2012 at 5:19 PM

Fine. But part of his investment was in Freddie bonds. Which we are to celebrate. But at the same time we are to demonize Newt for working at Freddie. You really don’t see the hypocrisy in that?

angryed on January 25, 2012 at 5:21 PM

Go check out the CofG’s record of accomplishment. You’ll find its influence has mangaed to elect Democrats…not Republicans for the most part.

Al-Ozarka on January 25, 2012 at 5:19 PM

Link?

JohnGalt23 on January 25, 2012 at 5:22 PM

Today’s CNN/Time poll:

“On Sunday, the day after Gingrich won big in South Carolina, he was at 38% in Florida, with Romney at 36%, Santorum at 11% and Paul at 8%. Looking only at Monday and Tuesday’s results, Romney was at 38%, Gingrich 29% Santorum at 11% and Paul at 9%.”

Keep bashing capitalism, Newt.

Newt without an audience soundtrack is a giant dud in the debates. Floridians noticed.

haner on January 25, 2012 at 5:22 PM

JohnGalt23 on January 25, 2012 at 5:20 PM

Again, the record is clear – any race the Club for Growth weighs into results in a loss for conservatism.

Al-Ozarka on January 25, 2012 at 5:22 PM

joana on January 25, 2012 at 5:19 PM

Sorry you are incapable of recognizing sarcasm.

Cindy Munford on January 25, 2012 at 5:23 PM

Mitt Romney’s fundraising team worked as lobbyist for Freddie Mac.

I guess bringing that up may be “communist”

tetriskid on January 25, 2012 at 5:23 PM

It’s not capitalism on trial – profit is on trial.

I’m damn tired of it.

beatcanvas on January 25, 2012 at 5:23 PM

“You have to live in a world of Swiss bank accounts and Cayman Island accounts and making $20 million for no work, to have some fantasy this far from reality,” Gingrich said.

Ha Ha Ha. Funny how Romney who does “no work” managed to get on the Virginia and Missouri ballots, while the hard-working, cruise-taking Gingrich did not.

Buy Danish on January 25, 2012 at 5:23 PM

You must be late to the party. All of those guys are Officially RINOs, because they had the temerity to get elected to Congress and they haven’t endorsed Newt Gingrich yet.

KingGold on January 25, 2012 at 5:21 PM

(golf clap)

Oh, cheerio, old bean!

JohnGalt23 on January 25, 2012 at 5:23 PM

Mitt earning $20M by sitting on your ass investing and risking his money: capitalism goodness
Newt Spending $300K on jewelry: communist capitalism goodness, but hypocrisy worthy of note considering Newt’s communist criticism of capitalism

Mitt buying Freddie Mac bonds: capitalism goodness
Newt working for Freddie Mac: communist hypocrisy due to his criticism and rent-seeking lobbying (aka career politicians making a living of taxpayers money by selling political influence)

angryed on January 25, 2012 at 5:16 PM

FIFY

(we know this country in trouble when communist bigotry like saying that investors make money “sitting on their ass” becomes acceptable in a republican site)

joana on January 25, 2012 at 5:23 PM

Heh. That’s gotta give the serial adultery enthusiasts more carpet burns than Newt’s cheating partners got during late nights at the office.

Darth Executor on January 25, 2012 at 5:10 PM

You are on a roll today LOL!!!

JPeterman on January 25, 2012 at 5:24 PM

Romney right. And don’t give me this B.S. that he’s already there, maybe for you but not for me.

Cindy Munford on January 25, 2012 at 5:10 PM

.
Guess what Cindy- YOU and I aren’t going to be the ones deciding the election. Our votes on the right are cancelled out by the kooks on the left. Its the INDIES who will choose the president- and THEY are not sitting and waiting to go for a strong conservative. They just won’t do that. And the Rs don’t have a “true” conservative running anyway.
.
Oblamer and his media have managed to move the “center” 3 clicks from moderate into lefty world with all the socialist class warfare/OWS crap. So a Conservative candidate will never work in this process. They Indies cannot be pushed any further right.

FlaMurph on January 25, 2012 at 5:24 PM

Link?

JohnGalt23 on January 25, 2012 at 5:22 PM

Do the work yourself. I challenge you. Show me the record of accomplishment for the conservative cause by C4G. Doesn’t exist.

Al-Ozarka on January 25, 2012 at 5:24 PM

You jealous?

BedBug on January 25, 2012 at 5:18 PM

No, just concerned that you two lovebirds understand that a new relationship takes time, that you’ll make mistakes and hurt the other person’s feelings, but that if you really love one another you will persevere.

Just take it slow, as Obama would say, you don’t want to be burdened with a child before you’re ready.

Bishop on January 25, 2012 at 5:24 PM

(we know this country in trouble when communist bigotry like saying that investors make money “sitting on their ass” becomes acceptable in a republican site)

joana on January 25, 2012 at 5:23 PM

Communist bigotry. That’s a new one. Did Glenn Beck teach it to you/

angryed on January 25, 2012 at 5:26 PM

Again, the record is clear – any race the Club for Growth weighs into results in a loss for conservatism.

Al-Ozarka on January 25, 2012 at 5:22 PM

You men like Johnson? Like Paul? Like Rubio?

You keep using that word “conservatism” I do not think it means what you think it means.

JohnGalt23 on January 25, 2012 at 5:26 PM

Galt, I’ll give you time to do so during my commute to the house. Gotta go. See you at home.

Al-Ozarka on January 25, 2012 at 5:26 PM

Well at least Gene Simmons wants Romney. The man who voted for Obama the last time, wants a milder version of him this time. Yep, works for me./

noneoftheabove on January 25, 2012 at 5:26 PM

How about pointing fingers at someone for being a consultant for Fannie & Freddie when you have highly paid campaign staff who openly lobbied Fannie & Freddie:

Molinari and Weber are NOT paid staff, they are among many politicos who are advising the Romney campaign and acting as surrogates speaking on Romney’s behalf on the campaign trail. Newt has former Congressman and uber-lobbyist Bob Walker doing the same thing for him.

You can’t throw a rock down the street in Washington without hitting a lobbyist who took money from Fannie or Freddie.

Fine. But part of his investment was in Freddie bonds. Which we are to celebrate. But at the same time we are to demonize Newt for working at Freddie. You really don’t see the hypocrisy in that?

angryed on January 25, 2012 at 5:21 PM

Romney owned shares in a bond fund which included Fannie and Freddie bonmds. In a blind trust. As part of a diversified investment portfolio. Which he had no role in selecting. But yeah, that’s exactly the same as Newt actually shilling for Freddie Mac and advising its chief lobbyist who resigned in disgrace after Freddie paid a record fine for campaign finance violations.

rockmom on January 25, 2012 at 5:27 PM

The Bishop has taken way too many confessionals.

haner on January 25, 2012 at 5:27 PM

Mike Huckabee dubbed the Club for Growth “The Club for Greed,” and it was spot-on.

Gingrich’s comments left a mark. The Club for Greed responded:

“Newt Gingrich’s comment that Mitt Romney made money from no work is ridiculous and continues his poisonous attack on economic freedom.”

No, it’s true. Willard, Lord Romney had 100% unearned income the past two years, and, as every news report said, no wages. Maybe he earned that interest or those dividends on money he worked for years ago, but if that money was also unearned income, then that’s still no work.

The plutocrats also sniveled,

“Newt Gingrich says he’s a student of history, but he must have gone to the same school as Barack Obama if he is reaching the same wrong conclusion about economic
freedom.”

No, it was Willard, Lord Romney who went to the same school as Barack Obama– Harvard Law School.

If Willard, Lord Romney made $20 million each year for the past two years in unearned income, that means, at prevailing interest rates of 3% on a long term bond, that Willard has a bankroll of about $600 million. (Note to Willard: Buy your planet now, while real estate prices are low!)

The Club for Greed should admit that, in practice, what they extol as “economic freedom” really means getting their buddies at the Federal Reserve to lend them money at artificially low interest rates–so they can buy stocks or currencies on margin, or buy out companies with debt, and just generally speculate out the wazoo.

Emperor Norton on January 25, 2012 at 5:27 PM

Oblamer and his media have managed to move the “center” 3 clicks from moderate into lefty world with all the socialist class warfare/OWS crap. So a Conservative candidate will never work in this process. They Indies cannot be pushed any further right.

FlaMurph on January 25, 2012 at 5:24 PM

So our choice will be full blown leftist Obama or just a little leftist Romney. Phew and here I was worried.

angryed on January 25, 2012 at 5:28 PM

The Club for Growth has systematically weakened every decent GOP candidate in the past several election cycles. I am absolutely certain that the Club for Growth is an arm of the Democrat Party.

Al-Ozarka on January 25, 2012 at 5:11 PM

Damn straight. Those RINO’s are the Republican Establishment! This is what a real conservative Mike Huckabee had to say about Club For Growth:

“The way Club for Growth works is . . . you write them a big check and say, ‘I want you to attack Tommy Thompson,’ they’ll be happy to do it. That’s pay for play, and I find it disgusting.”

Well, we all know who paid the check to finance the above outrageous attack on Newt Gingrich. Corrupt, fossil establishment organizations like this are terrified that Gingrich will eliminate their power and perks when he gets to D.C., and will stoop to any level to see him defeated. Expect an endorsement of Romney soon.

Mr. Arkadin on January 25, 2012 at 5:28 PM

Do the work yourself.

Al-Ozarka on January 25, 2012 at 5:24 PM

I’ll take as “I cannot link to any evidence where Club For Growth” helped Democratic candidates.”

About what I thought.

JohnGalt23 on January 25, 2012 at 5:28 PM

Newt on trial for crimes against capitalism. Newt, How would you make Romney a better candidate? Newt, can you tell us what it would take to get you to vote against yourself and for Romney in the primary?
Newt claims the sky is blue, 300,000,000,000,000 scientists come out against Newt.

astonerii on January 25, 2012 at 5:28 PM

Joana:

Romney hasn’t worked for about 15 years. I mean real work, not campaigning or as goevernor of MA. Which means his $21M income last year was 100% passive income. In other words, sitting on his ass and making $21M.

angryed on January 25, 2012 at 5:29 PM

Proof, or just your usual bullcrap?

I don’t see any huge structural reforms of the type we need, just rate decreases. But I don’t see any new taxes.

And in citing evidence, let’s hear something from the man himself, and not something you’re ascribing willy-nilly to one of his endorsers.

KingGold on January 25, 2012 at 5:05 PM

The only one full of crap is you. http://hotair.com/archives/2012/01/25/romney-advisor-come-on-obamacare-wont-ever-be-repealed-in-its-entirety/

And sorry, it’s pretty obvious Coleman wouldn’t just be making this up out of whole cloth. He blew the lid off and now Romney shills like you are running damage control.

Doomberg on January 25, 2012 at 5:30 PM

I asked this question in an earlier thread. I’m curious to see if you get a more satisfactory response than I did.

Kataklysmic on January 25, 2012 at 5:06 PM

It is up to Newt to prop his primary opponent up? What kind of twisted world do you live in?

astonerii on January 25, 2012 at 5:30 PM

joana on January 25, 2012 at 5:19 PM

Sorry you are incapable of recognizing sarcasm.

Cindy Munford on January 25, 2012 at 5:23 PM

Lolz! You go, darlin’

OmahaConservative on January 25, 2012 at 5:30 PM

This is what a real conservative Mike Huckabee had to say about Club For Growth:

Mr. Arkadin on January 25, 2012 at 5:28 PM

I’m confused.

Are there two Mike Huckabees? Because the former GOP governor of Arkansas was more progressive than his predecessor who went on to the White House.

And that’s saying something.

JohnGalt23 on January 25, 2012 at 5:31 PM

Do the work yourself. I challenge you. Show me the record of accomplishment for the conservative cause by C4G. Doesn’t exist.

Al-Ozarka on January 25, 2012 at 5:24 PM

You made the blustery assertion. You got called on it. Now it’s your responsibility to put up or shut up…not for others to go chase down some evidence to “prove” a negative to you. But here’s a start: Toomey & Rubio.

fitzfong on January 25, 2012 at 5:31 PM

Gingrich…Alinsky…Jon Stewart…Greg Sargent…

Not good company for the so-called “true Conservative.”

cicerone on January 25, 2012 at 5:31 PM

Communist bigotry. That’s a new one. Did Glenn Beck teach it to you/

angryed on January 25, 2012 at 5:26 PM

What would you call to labeling capital gains that results of one’s investing and risking his own money to “making money sitting on his ass”? That’s pretty much communist ling and playing with resentment.

joana on January 25, 2012 at 5:32 PM

Molinari and Weber are NOT paid staff, they are among many politicos who are advising the Romney

Romney owned shares in a bond fund which included Fannie and Freddie bonmds. In a blind trust. As part of a diversified investment portfolio.

rockmom on January 25, 2012 at 5:27 PM

Careful. After all that spinning you might get dizzy.

angryed on January 25, 2012 at 5:32 PM

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