NYT: Gingrich’s ties to Fannie Mae and Freddie Mac are deeper than you think

posted at 9:53 pm on February 3, 2012 by Allahpundit

Awfully thoughtful of the Times to toss this grenade in his lap just hours before Nevadans head out to caucus. Then again, what’s the worst that can happen? He loses by 30 points instead of 25?

You know who this benefits?

Once he became speaker in 1995, Mr. Gingrich’s support loomed large as the companies sought to shore up flagging confidence among the Republicans and bolster the case for home ownership, officials said.

“Whenever you could get Republicans who supported you, it was important, and the more prominent the Republican, the better,” said William Maloni, a senior vice president at Fannie Mae until 2004. “Newt would have been important.”

In a showdown critical to the companies’ fortunes, Mr. Gingrich played an important behind-the-scenes role in helping block a proposal in 1995 that would have forced Fannie and Freddie — rather than taxpayers — to pay potentially billions of dollars in increased fees, according to interviews and press accounts at the time.

At the time, Representative Jim Leach, a senior Republican from Iowa who led the House banking committee and was a fierce critic of Fannie and Freddie, wanted the companies to pay the bulk of about $4.8 billion to finance a reserve for ailing savings and loan institutions…

A separate attempt within the House budget committee in 1995 to raise fees on Freddie and Fannie by hundreds of millions of dollars also died without a vote after Mr. Gingrich rejected it. The speaker asserted that raising fees would violate the Republicans’ oft-cited no new tax pledge.

Read it all as there’s lots more, including former Gingrich congressional advisors going to work for Fannie/Freddie as well as a trip Newt took to Ireland in 1998 promoting home ownership that was sponsored by the two companies together with Habitat for Humanity. He somehow neglected to mention it in his financial disclosures that year. His support for them wasn’t unusual in Congress at the time (or even 10 years later), but of course he was no ordinary member. Romney’s focus, I’m sure, will be on the counterfactual suggested by those boldface parts: What would have happened if Fannie and Freddie had been forced to pay those fees in the mid-90s? Would they have done business differently thereafter? Even if not, Team Mitt’s going to accuse Gingrich of having arranged a de facto bailout of the companies by making taxpayers cover the fees instead of them, which makes for a nice retort to Newt’s new “Obama-lite” talking point. The only good news here, I guess, is that at least the Times didn’t drop this on him on the eve of the South Carolina vote. Exit question: A big deal, or is the Newt/Freddie connection already priced into his political stock by now?

Update: I added another paragraph from the story to the blockquote because a commenter noted that the fees Fannie/Freddie initially were asked to pay were related to shoring up savings & loan orgs in distress. Fair enough; the quote mentions that now.


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To me, Newt is much less honest than Mitt.

talkingpoints on February 4, 2012 at 5:46 AM

To me, too. Dishonest and money-hungry. Dangerous combination. Calista requires her cruises and her baubles, you know.

Priscilla on February 4, 2012 at 8:21 AM

If Gingrich’s infidelity were his only issue I wouldn’t have that much of an issue with him. It’s just one of many factors. I still think it’s indicative of poor character. There are plenty people with solid families who make awful leaders (e.g. Obama), but that doesn’t mean Gingrich’s infidelity is a nonissue. Every time he defends marriage in debates it makes me chuckle a bit.

Kriggly on February 4, 2012 at 12:06 AM

I’m a Christian. I think how people conduct their personal lives is a sign of their character. But, we’re not looking to appoint a pastor here. Or a priest. Just a President.

Divorce happens. People have all kinds of personal issues sometimes. But when you are at war all you care about is having leaders that know who the enemy is and do a good job of fighting. Newt is that man.

As for all this other stuff.. none of it compares to Romney. Jimmy Carter, as far as we all know, only had one wife and no affairs but a horrible President. Ronald Reagan divorced. So has Rush.

At least Newt has a record as a conservative. He cleaned up the Democrat House banking scandal.
He orchestrated the Republican victory in 94.
He lead and won a balanced budget first time in 40 years.
He brought us welfare reform.
He stopped the Clinton agenda.
Defeated HillaryCare.
He stopped the congress from exempting themselves from their own laws.
The list goes on. He has a record but for some people it just doesn’t matter.

What does Romney have? A lib record.
Romney supported gun control.
Romney supported abortion rights.
He supported Planned Parenthood
He said his views were progressive/moderate.
He stated he rejected Reaganomics.
He called Ted Kennedy his close friend and collaborator.
He invented ObamaCare.
He has distanced himself from conservatives and the Tea party.
He refuses to call Obama a socialist.
He supports automatic increases in the minimum wage.

But some people think he’s still our guy and Newt supporters are nuts. Go figure.

JellyToast on February 4, 2012 at 8:24 AM

Pay close attention, Mittbots. This is going to happen to your guy as well after it looks like he has the nomination sewn up. Day after day after day.

ddrintn on February 4, 2012 at 8:43 AM

Exit question: A big deal or is the Newt/Freddie connection already priced into his political stock by now?

Probably depends on how hard one clings to Newt’s “history consultant” explanation. If you thought all he did was advise on historical patterns this might be a bit of a shock. I never bought that line so to me this story doesn’t make a bit of difference.

Yeah, “new” revelations that he did stuff for Freddie & Fannie. Well he was being paid handsomely for it, he should have been giving them their moneys worth. For better or worse, at least this is F&F getting some value for our money- certainly more than a historical perspective would have been or whatever half the ex-Clinton people who were appointed to roles there provided.

Betenoire on February 4, 2012 at 8:47 AM

At least Newt has a record as a conservative.

JellyToast on February 4, 2012 at 8:24 AM

He has a record of doing some conservative things. Hes not a conservative.

Sultanofsham on February 4, 2012 at 9:05 AM

But some people think he’s still our guy and Newt supporters are nuts. Go figure.

JellyToast on February 4, 2012 at 8:24 AM

Is Romney’s record pathetic? Sure. But before you go anointing Newt as the conservatives’ savior, you may want to take a trip down memory lane on his record.

Newt’s always been not only anti-conservative on cap-and-trade, but has lied about what his position was.
He said the profiteers at Fannie Mae and Freddie Mac should be criminally investigated even though he was one of the profiteers and that he, again, apparently has been lying about what he did for Freddie.
He’s been wrong on a health-care mandate
He’s been wrong on ethanol for all the years he’s been paid to be wrong on ethanol
He’s been wrong on entitlements and on Paul Ryan’s budget
He wants blanket amnesty for all illegals
He supported the TARP bailouts
He supported liberal candidate Dede Scozzafava
He supported the Fairness Doctrine
He’s been weak at actual negotiating (actually, “melting” – Newt’s word, not mine) against Bill Clinton
And as far as gun control, in 1996, Newt turned his back on gun owners and voted for the anti-gun Brady Campaign’s Lautenberg Gun Ban. Gingrich also stood shoulder to shoulder with Nancy Pelosi to pass the “Criminal Safezones Act” which prevents armed citizens from defending themselves in certain arbitrary locations.

TxAnn56 on February 4, 2012 at 9:06 AM

This article should be taken down.

What does Fannie/Freddie in 1995 have to do with corruption that really didn’t start until 2005????

Pathetic.

quill67 on February 4, 2012 at 9:08 AM

Is Romney’s record pathetic? Sure. But before you go anointing Newt as the conservatives’ savior, you may want to take a trip down memory lane on his record.

TxAnn56 on February 4, 2012 at 9:06 AM

I don’t support either Romney or Gingrich. But Gingrich’s record is more conservative than Romney’s. Period.

ddrintn on February 4, 2012 at 9:34 AM

A little more context, too bad the time doesn’t do trackback, to the stories in question;

http://www.nytimes.com/1995/10/23/business/plan-would-assess-fees-on-federal-home-loan-agencies.html?scp=4&sq=fannie+mae+fees+&st=nyt

narciso on February 4, 2012 at 9:36 AM

He wants blanket amnesty for all illegals

TxAnn56 on February 4, 2012 at 9:06 AM

With due respect, that statement is not factual.

10 Steps to a Legal Nation

We need a path to legality, but not citizenship, for some of these individuals who have deep ties to America, including family, church and community ties. We also need a path to swift but dignified repatriation for those who are transient and have no roots in America.

No where in his Illegal Immigration plan is “blanket amnesty for all illegals” proposed.

Flora Duh on February 4, 2012 at 9:36 AM

I believe it’s another case of the Northeast trying to tell the rest of the country whom they should vote for. Conservatives are divided and united at the same time.

My take.

kingsjester on February 4, 2012 at 9:39 AM

Apologies to Eugene Field (My mother’s favorite poet)

The Duel

The Gingrich dog and the calico Mitt
Side by side on the table sit;
It’s half past twelve, and (what do you think!)
Nor one nor t’other has slept a wink!
Old Dutch Reagan and the Chinese state
Appeared to know as sure as fate
There was going to be a terrible hit
(I wasn’t there; T’was simply fate
And as reported by the Chinese state!)

The Gingrich dog went “Bow-wow-wow!”
And the calico Mitt replied “Mee-ow!”
The air was littered, an hour or so,
With bits of Gingrich and calico,
While old Dutch Reagan in a better place
Up with its hands before its face,
For he always dreaded a family row!

(Now mind: I’m only telling you
What Old Dutch Reagan declares is true!)
The Chinese state looked very blue,
And wailed, “Oh, dear! what shall we do!”
But the Gingrich dog and the calico Mitt
Wallowed this way and fiercely bit,
Employing every tooth and claw
In the awfulest way you ever saw–
And oh! How the Gingrich and calico flew!
(Don’t fancy I exaggerate–
I got my news from the Chinese state!)

Next primary, where the two will sit
They found no trace of Newt or Mitt;
And some folks think unto this day
That Democrats stole that pair away!
But the truth about that Mitt and pup
Is this: they ate each other up!
Now what do you really think of that!
(Old Dutch Reagan told me so,
And that is how I came to know.)

Fallon on February 4, 2012 at 9:44 AM

This isn’t a big deal. It’s over the Tea Party’s head.

rubberneck on February 4, 2012 at 9:45 AM

Santorum is a much better choice and will be voting for him in OK.

PhiKapMom on February 3, 2012 at 10:39 PM

So will I in Michigan.

bw222 on February 3, 2012 at 10:41 PM

Let me guess…you guys have changed candidates for the 5th time now? LOL

rubberneck on February 4, 2012 at 9:47 AM

A little more context, too bad the time doesn’t do trackback, to the stories in question;

http://www.nytimes.com/1995/10/23/business/plan-would-assess-fees-on-federal-home-loan-agencies.html?scp=4&sq=fannie+mae+fees+&st=nyt

narciso on February 4, 2012 at 9:36 AM

So, it looks like Newt prevented the transfer of wealth from one entity that was responsible for the debt to three entities that were not, that would have led to home buyers paying for bailouts of companies they were not doing business with?

Basically the fees on the GSEs were going to be a hidden tax that would have eventually became permanent? Newt saved us from that?

Funny how it all comes down to Newt does something, is excoriated for it, and it turns out he was being the single most conservative person in the room when all is said and done.

Reagan said something bad about Newt. Newt was to the right of Reagan on spending cuts.
Newt said something bad about Reagan. Turns out Newt was to the right of Reagan on projecting America’s military might.
Newt saved the GSE’s from having to pay fees. Turns out the fees were a hidden tax on home mortgages to pay for something not related to home mortgages and Newt was the adult in the room.

astonerii on February 4, 2012 at 9:48 AM

This is one of your WORSE threads, Allahpundit.This should be take down because it’s very misleading.
Fannie/Freddie were much better entities in 1995 and Newt’s role did not lead to what happened a decade later.

It’s obvious that Ed is working to help elect Romney…I did not know you were also. All this energy to take Newt down is only helping cement Romney as the nominee because Rick Santorum has no teeth without even being attacked. Ron Paul is a crazy old man so Newt is all that is standing between Romney and the nomination (Sarah Palin figured that much).

jules on February 4, 2012 at 9:51 AM

Fallon on February 4, 2012 at 9:44 AM

Best of thread!

UT Cowboy on February 4, 2012 at 9:52 AM

http://www.mittsbloodmoney.com

georgealbert on February 4, 2012 at 9:54 AM

Huh, Newt’s not the best conservative candidate, and we are being told that debate skills aren’t going to be important in the general. Miss Me Yet?

Dr Evil on February 4, 2012 at 9:54 AM

This isn’t a big deal. It’s over the Tea Party’s head.

rubberneck on February 4, 2012 at 9:45 AM

Was that necessary? Or are you just a nattering nimrod of negativity?

kingsjester on February 4, 2012 at 9:55 AM

If its Newt or Obama what’s your choice? That’s all you need to know

Shain1611 on February 4, 2012 at 9:55 AM

Huh, Newt’s not the best conservative candidate, and we are being told that debate skills aren’t going to be important in the general. Miss Me Yet?

Dr Evil on February 4, 2012 at 9:54 AM

I’ll miss you Rick about the time that you start saying that the government should not interfere with people’s medical decisions unless there is a profound public interest in doing so. Such as contagion.

I’ll miss you Rick about the time that you start saying that the illegal alien population needs to leave this nation and are not more important to a Texan than an American whose only crime was to be born and raised in another state.

You get rid of those two albatrosses, and I will miss you Rick Perry. Until then, I do not trust you to be my representative as President.

astonerii on February 4, 2012 at 9:58 AM

If its Newt or Obama what’s your choice? That’s all you need to know

Shain1611 on February 4, 2012 at 9:55 AM

Progressives have no qualms about lying to you to try and make themselves seem to be on your side.

astonerii on February 4, 2012 at 9:59 AM

BFD, Newt detractors. Be among the few who will vote for Mittens.
Newt gets things DONE.

Senate Democrats will get schooled daily when Newt is POTUS.
Mittens will just lie down, or put on a white shirt and black tie and carry his message via bicycle from door to door – like he and all FIVE of his sons have done, while eschewing military service of course.
Romney = Patrician Puke.

~(Ä)~

Karl Magnus on February 4, 2012 at 10:01 AM

I’m VERY disappointed in Allahpundit for this story. He’s basically repeating Democratic party character assassination.

Shame on you. I mean it. Disgusting.

philwynk on February 4, 2012 at 10:06 AM

I think how people conduct their personal lives is a sign of their character. But, we’re not looking to appoint a pastor here. Or a priest. Just a President.
JellyToast on February 4, 2012 at 8:24 AM

I can’t believe you said that. “Just a President?!” A priest or pastor influence at most a few hundred, or if they’re on tv a few thoudand, people. They have no control over those people’s lives. A President on the other hand…well if you don’t see the difference I can’t help you out. Apparently character isn’t important in a President as far as you’re concerned and that’s your choice. But to refer to the office as “Just a President” is sad.

Deanna on February 4, 2012 at 10:20 AM

This article should be taken down.

What does Fannie/Freddie in 1995 have to do with corruption that really didn’t start until 2005????

Pathetic.

quill67 on February 4, 2012 at 9:08 AM

Er, maybe because it refutes the Leftist Lie that the problems at F/F didn’t start until the Evil Bush was President?

In fact, those problems are directly tied to the Clinton pResidency; in the first 4 years alone of his time in office the number of subprime mortgages nearly tripled.

And the Clinton Moles he put in those places (see Raines and the one-woman DC wrecking crew Jaime Gorelick, who by all rights should have been in prison years ago) were the main architects of F/F’s woes. Not Bush.

Del Dolemonte on February 4, 2012 at 10:20 AM

astonerii on February 4, 2012 at 9:58 AM

Uh Huh because Newt and Romney’s position on illegal aliens is different/

As far as the Gardasil vaccine there was a parental opt out.

Rick Perry was by far the best conservative candidate, but apparently the only thing good enough for conservative republicans are two weasels, reminding everyone why they sux.

Dr Evil on February 4, 2012 at 10:21 AM

Uh Huh because Newt and Romney’s position on illegal aliens is different/

As far as the Gardasil vaccine there was a parental opt out.

Rick Perry was by far the best conservative candidate, but apparently the only thing good enough for conservative republicans are two weasels, reminding everyone why they sux.

Dr Evil on February 4, 2012 at 10:21 AM

He addresses both of those issues as a pure bred and raised progressive liberal would. As long as that remains the case, he has not matured enough to represent me.

Heartless. Putting women’s lives at risk over politics. Sorry, but those are core beliefs in the man, and if they remain there, I cannot trust that he will not grow into a more progressive while in power. Like I said, I like Perry, but until he outgrows those things which are supposedly “admirable” in youth but detestable in maturity, I will not support him for President. If you are young and are not a liberal, you have no heart, if you are old and are not conservative, you have no brain. I think Perry needs another 4 to 8 years to outgrow those “virtues” of youth.

astonerii on February 4, 2012 at 10:27 AM

Not Bush.

Del Dolemonte on February 4, 2012 at 10:20 AM

Bush saw the problem in 2003 and tried to address it, and was promptly shut down and put no effort into fixing it after that. That does make it Bush’s fault. He was in charge. He had the position to fix it. Of course, many of those people who squashed it in congress were Republicans, the very same Republicans who are saying that Newt is bad.

astonerii on February 4, 2012 at 10:31 AM

Er, maybe because it refutes the Leftist Lie that the problems at F/F didn’t start until the Evil Bush was President?

In fact, those problems are directly tied to the Clinton pResidency; in the first 4 years alone of his time in office the number of subprime mortgages nearly tripled.

And the Clinton Moles he put in those places (see Raines and the one-woman DC wrecking crew Jaime Gorelick, who by all rights should have been in prison years ago) were the main architects of F/F’s woes. Not Bush.

Del Dolemonte on February 4, 2012 at 10:20 AM

Pay attention, youngins. Del knows whereof he speaks.
Good job (as usual), bud.

~(Ä)~

Karl Magnus on February 4, 2012 at 10:37 AM

This article should be taken down.

Yeah, definitely…we wouldn’t want to read anything that might contradict Gingrich’s narrative of his Reagan conservatism or DC ‘outsider’ status…

Priscilla on February 4, 2012 at 10:50 AM

In fact, those problems are directly tied to the Clinton pResidency; in the first 4 years alone of his time in office the number of subprime mortgages nearly tripled.

Del Dolemonte on February 4, 2012 at 10:20 AM

Remind me again, who was the Speaker of the House during those years? I know that Clinton didn’t write the laws that produced the housing bubble, he only signed them. Who again was the lead Congress critter who passed the “housing assistance” legislation that Billy Jeff signed?

Annoy Sarah Palin, vote Mitt!

MJBrutus on February 4, 2012 at 10:52 AM

He has a record of doing some conservative things. Hes not a conservative.

Sultanofsham on February 4, 2012 at 9:05 AM

Dude. He has a record of doing more things for conservatism than ALL of his critics combined.

So does that make him the MOST conservative candidate in the race?

Or does it make him the most EFFECTIVE conservative in the race?

Al-Ozarka on February 4, 2012 at 10:58 AM

Let me guess…you guys have changed candidates for the 5th time now? LOL

rubberneck on February 4, 2012 at 9:47 AM

Ever play pinball?

CW on February 4, 2012 at 11:00 AM

Del Dolemont – RIGHT ON TARGET. The Devil is always in the details but most people and the MSM are too lazy to take the time to do the research and find the facts.

To Jelly Toast – it isn’t about DIVORCE – it’s about Adultery and the arrogance that Newt has about his inability to keep his focus on the work. He has no moral compass and is a pompous bully about his hypocritical resume. I can’t be the only person who doubts Wives 1-2-3 are the full cast of characters in his rather sleazy personal life. And I would bet the Dems have the full list of “players” to expose further into the battle with Barry O.

IlonaE on February 4, 2012 at 11:02 AM

In fact, those problems are directly tied to the Clinton pResidency; in the first 4 years alone of his time in office the number of subprime mortgages nearly tripled.

Del Dolemonte on February 4, 2012 at 10:20 AM

Remind me again, who was the Speaker of the House during those years? I know that Clinton didn’t write the laws that produced the housing bubble, he only signed them. Who again was the lead Congress critter who passed the “housing assistance” legislation that Billy Jeff signed?

Annoy Sarah Palin, vote Mitt!

MJBrutus on February 4, 2012 at 10:52 AM

I’m no Newt fan here, just trying to point out that Clinton deserves much more blame than anyone dares to give him “credit” for.

Bush saw the problem in 2003 and tried to address it, and was promptly shut down and put no effort into fixing it after that. That does make it Bush’s fault. He was in charge. He had the position to fix it. Of course, many of those people who squashed it in congress were Republicans, the very same Republicans who are saying that Newt is bad.

astonerii on February 4, 2012 at 10:31 AM

How could he have fixed it, if he was “promptly shut down”? McCain warned of the problems as well, but the Democrats in the Banking Committee steadfastly refused to let any action be taken.

Del Dolemonte on February 4, 2012 at 11:04 AM

He has a record of doing some conservative things. Hes not a conservative.

Sultanofsham on February 4, 2012 at 9:05 AM

So in that respect he’s just like Romney. Except Romney doesn’t have a record of doing conservative things.

I read the whole article. There is not much there there. If you follow the Times’ links, the contemporary accounts don’t show Newt doing anything much beyond making Leach aware of the consensus in the House among both parties – which was widespread opposition to Leach’s bill.

Missy on February 4, 2012 at 11:07 AM

Fallon on February 4, 2012 at 9:44 AM

Nicely done!

Bartrams Garden on February 4, 2012 at 11:09 AM

How could he have fixed it, if he was “promptly shut down”? McCain warned of the problems as well, but the Democrats in the Banking Committee steadfastly refused to let any action be taken.

Del Dolemonte on February 4, 2012 at 11:04 AM

The same way I keep telling that other person where Romney is a total failure. Take it to the people. Persuade them to force a change.

astonerii on February 4, 2012 at 11:11 AM

If its Newt or Obama what’s your choice? That’s all you need to know

Shain1611 on February 4, 2012 at 9:55 AM

Buy an industrial strength gas mask (because holding your nose won’t work) and vote for Newt.

bw222 on February 4, 2012 at 11:15 AM

Dude. He has a record of doing more things for conservatism than ALL of his critics combined.

Al-Ozarka on February 4, 2012 at 10:58 AM

Yes, supporting global warming, cap and trade, individual mandates, speaking in favor of RomneyCare and ObamaCare, endorsing Dede Scuzzafava. He is a total squish on amnesty.

I’ve issued a challenge to name a conservative initiative that Newt strongly supported from the time he resigned from Congress until he started planning to run for President. So far all people have said is that his company produced some documentaries.

How about you trying? Name one conservative initiative Newt supported as strongly as he supported global warming. Find one major issue in a decade. That doesn’t sound difficult, but no one seems to be able to do it.

bw222 on February 4, 2012 at 11:22 AM

Apologies to Eugene Field (My mother’s favorite poet)

The Duel
The Gingrich dog and the calico Mitt
Side by side on the table sit;
It’s half past twelve, and (what do you think!)
Nor one nor t’other has slept a wink!
Old Dutch Reagan and the Chinese state
Appeared to know as sure as fate
There was going to be a terrible hit
(I wasn’t there; T’was simply fate
And as reported by the Chinese state!)

Fallon on February 4, 2012 at 9:44 AM

Masterful job, Fallon. No apologies needed!

AesopFan on February 4, 2012 at 11:29 AM

And conservatives like Palin are positive about this guy . . . why, exactly?

I’m backing Santorum, and if that doesn’t work out, I’ll back Romney over Gingrich.

jazz_piano on February 4, 2012 at 11:42 AM

To Jelly Toast – it isn’t about DIVORCE – it’s about Adultery and the arrogance that Newt has about his inability to keep his focus on the work. He has no moral compass and is a pompous bully about his hypocritical resume. I can’t be the only person who doubts Wives 1-2-3 are the full cast of characters in his rather sleazy personal life. And I would bet the Dems have the full list of “players” to expose further into the battle with Barry O.

IlonaE on February 4, 2012 at 11:02 AM

Being consistent and all moral ‘n stuff, how many grandmothers did Willard have?
Inquiring minds want to know.
You wanna trash someone, look to south of the border for Mitt’s people.

~(Ä)~

Karl Magnus on February 4, 2012 at 11:56 AM

astonerii on February 4, 2012 at 9:58 AM

your such a lying f*ck. you know perry is very much for securing the border and i’ve pointed it out to you several times. as for gardasil your on the irrational side of taht issue and once again it hs been shown on these boards many times. perry dropped out yet you still have to lie about his record. but tahts about all i’ve seen you do, is lie about almost every candidate in some way. and i’ve never seen you express actual support for anyone. i’ve seen you mention bachman, but after she quit and i think santorum maybe but your too much of a p*ssy to actually take a stand. you just wanna sit on teh sidelines and snipe and then later say “i told you so” as if you had some insight no one else does. your pathetic.

chasdal on February 4, 2012 at 12:05 PM

Karl Magnus on February 4, 2012 at 11:56 AM

well technically he can only have one grandmother. his grandfather may have had multiple wifes but only one can be his grandmother. at least biologicaly.

oh and im not voting for willard just being pedantic.

chasdal on February 4, 2012 at 12:07 PM

….and under all these smoke screens and mirrors, Barry will sneak back into the Big House. The GOP took their collective eyes off the ball.

timberline on February 4, 2012 at 12:22 PM

Another reason to dislike Newt…

elfman on February 4, 2012 at 12:43 PM

Exit answer: Newt’s a loose cannon, in a self-absorbed, opportunistic, populist sort of way. A brilliant scholar and thinker, true, who’d be great for graduate course credit, but, ultimately, a veddy bad POTUS (like the current community organizer in chief).

locomotivebreath1901 on February 4, 2012 at 1:48 PM

Gingrich will never be President. His negative approval has ranged all the way from minus-upper-20s to minus-40% for the last 16 years, with never a rise above it. No American political figure has ever carried such a poor rating for so long, not even Nixon.

Gingrich wouldn’t get the chance to introduce himself to America the way most nominees do. America already knows him, and hates his freakin’ guts. Nothing is going to change that.

I know the Newties have this delusion that he is going to mop the floor with Obama in debates. Did anybody see the last two debates? The only mopping Newt might do is janitorial.

No one has ever been elected President with net negative approval. Independents and swing voters don’t know Fannie Mae from Fannie Farmer, they don’t follow issues, they tune in around the last three weeks of the campaign and choose a candidate based on who looks nice. Sad, but that’s the way it is, and the reason I keep telling people to stop harassing Americans to register and vote. Those who aren’t interested enough to get there on their own aren’t going to cast an informed vote.

The reason the DNC, SEIU, AFSCME, and another Democratic PAC was in Florida running attack ads against Romney and leaving Newt alone is they know Gingrich is the easiest to beat. Ron Paul would stand a better chance in the general. Newt would be a disaster to the down-ticket, too, as his nomination would bring out the disillusioned on the left who might have stayed home but who will come out just to stick it to Gingrich.

That’s reality. No amount of fantasizing will change it.

So long, Newt.

Adjoran on February 4, 2012 at 2:07 PM

Newt simply followed the time tested policy of currying favor for later payment as a lobbyist. I am glad this came out so people could see he is nothing more than a typical Beltway politician.

FireBlogger on February 4, 2012 at 2:55 PM

I wonder why no-one bothers with the timeline of the problem?

Problems at Fannie started AFTER Newt left congress and peaked BEFORE Newt tried to help them.

It is fascinating to watch the dis-information passed off as relevant by ‘experts’ that simple never bother with the facts of the timeline!

Freddy on February 4, 2012 at 3:03 PM

The Atlanta Journal Constitution on Gingrich’s failing and chaotic campaign; not very promising.

http://www.ajc.com/news/georgia-politics-elections/gingrich-makes-fiery-closing-1329981.html

mountainaires on February 4, 2012 at 3:08 PM

Gingrich talked at length to Gail Sheehy about ” his lonely childhood as the son of a manic-depressive mother, the adopted son of an emotionally rejecting stepfather, an Army officer, and Newt’s biological father who was adopted by his own parents and abandoned Newt at an early age.”

His regular denunciations of the “vicious” media elite are a ruse; he actually enjoys the company of journalists, knows precisely what they need, and is eager to deliver. He can sometimes be found at the bar with his supposed enemies, having a beer and bantering at the end of a long day (unlike Romney, a devout Mormon and teetotaler, and decidedly not a media schmoozer). “If you’re not in The Washington Post every day,” he once famously said, “you might as well not exist.”

In a sense, Gingrich remains the needy, lonely boy—needy for attention, validation, adoration—and he looks for love in many of the wrong places. Members of the Republican establishment, his metaphorical dads, have showered their affection on Mitt. They reward Newt’s quest by trying to destroy him. But he can’t bring himself to fold—that would be psychic death. So he soldiers on, slouching toward his last hurrah.

From “Newt Plots his Comeback” by Lloyd Grove.

There’s something wrong with Newt Gingrich; he’s mad as a hatter.

mountainaires on February 4, 2012 at 3:10 PM

This is why Sarah needs to run.

ChuckTX on February 4, 2012 at 4:21 PM

Heartless. Putting women’s lives at risk over politics. Sorry,

No, really, you are not sorry. You have been beating both of those two tiny drums for a long time. Talking about core convictions, mandated healthcare, Washington lobbying, ring any bells?

jazzuscounty on February 4, 2012 at 4:53 PM

No, really, you are not sorry. You have been beating both of those two tiny drums for a long time. Talking about core convictions, mandated healthcare, Washington lobbying, ring any bells?

jazzuscounty on February 4, 2012 at 4:53 PM

I am sorry, Perry is an otherwise pretty good guy. I was full charging there with him when came out of the gates calling Social Security a ponzi scheme. Then we learned more and more about him. He dumped any arguments about social security, he called us heartless and apologized about the language he used, but not his philosophy that got him to the point of calling us heartless, then gardasil comes out and a little research shows that he uses the arguments of the left in order to push the big government approach for things that are personally important to him. (He had a relative, mother?, die of cervical cancer and so he took that loss and tried to use it as a weapon against people to force them to do what is good for them. It does not fit my idea of who I would trust with power. I can let it go once he matures beyond that point and becomes conservative on it.

astonerii on February 4, 2012 at 5:40 PM

Huh, Newt’s not the best conservative candidate, and we are being told that debate skills aren’t going to be important in the general. Miss Me Yet?

Dr Evil on February 4, 2012 at 9:54 AM

A lot of people won’t snap to that until their RINO has been in office for awhile and hasn’t changed a d@mn thing. Shoot, maybe not even then. Republicans really deserve what they’re going to get, I’m not even sweating it anymore- just watching with mild disgust.

kg598301 on February 4, 2012 at 5:46 PM

My apologies, I should have said IF their RINO gets into office.

kg598301 on February 4, 2012 at 5:55 PM

Doesn’t matter now.

Newt is toast.

Moesart on February 4, 2012 at 6:17 PM

astonerii on February 4, 2012 at 5:40 PM

Sorry to be gone, things to do

So who is your candidate? Has he/she also dropped out of the race?

I don’t think Perry’s stance on the immunization with an opt out or in-state tuition costs (not free or reduced as some keep implying) are stains on his conservative record. Cain didn’t have a record to judge, but Perry is more conservative than the rest of them.

Not that it matters anymore, he is out of the running. Someone earlier asked you were backing, and I didn’t catch it if you ever answered.

jazzuscounty on February 4, 2012 at 10:59 PM

Sorry to be gone, things to do

So who is your candidate? Has he/she also dropped out of the race?

I don’t think Perry’s stance on the immunization with an opt out or in-state tuition costs (not free or reduced as some keep implying) are stains on his conservative record. Cain didn’t have a record to judge, but Perry is more conservative than the rest of them.

Not that it matters anymore, he is out of the running. Someone earlier asked you were backing, and I didn’t catch it if you ever answered.

jazzuscounty on February 4, 2012 at 10:59 PM

Palin was my first choice. She did not run. I then Like Bachmann, but she got out. I was behind Perry until I learned about a couple positions of his I was not willing to back. He can mature though over the next 4 to 8 years. Never liked Cain, just did not jive with my gut I guess. And Newt grew on me. I hated him at the beginning of the race and wrote him lots of letters telling him not to waste his time joining. Santorum is someone I can back if he gets the nod. Paul and Romney are never in a million years for me.

So, I am pretty much stuck hoping either santorum surges or Newt can phoenix again.

astonerii on February 5, 2012 at 2:41 AM

This article should be taken down.

What does Fannie/Freddie in 1995 have to do with corruption that really didn’t start until 2005????

Pathetic.

quill67 on February 4, 2012 at 9:08 AM

Since you beat me to the punch I’ll repost that along with the FACT that it wasn’t until 1999 that the Fishwrap of Record published the report of how Fannie/Freddie, under increasing pressure from the Clinton Administration, expanded mortgage loans among low and moderate income people and which also predicted the resulting Toxic Assets created by our oh-so-lovable libs.

Yeah, let’s blame it all on Newt since Americans are just so gullible. /s

DannoJyd on February 5, 2012 at 5:30 AM

Fallon on February 4, 2012 at 9:44 AM

Nicely done!

Bartrams Garden on February 4, 2012 at 11:09 AM

Ditto!

MrLynn on February 5, 2012 at 8:41 AM

Exit answer: Newt’s a loose cannon, in a self-absorbed, opportunistic, populist sort of way. A brilliant scholar and thinker, true, who’d be great for graduate course credit, but, ultimately, a veddy bad POTUS (like the current community organizer in chief).

locomotivebreath1901 on February 4, 2012 at 1:48 PM

Wow, it sounds like you slept with him, but I’m guessing that you don’t know a d_ _ n thing about him other than what you’re hearing from the Romney talking points memo.

Jonah Goldberg said it best…”the establishment will keep Romney on a short leash – Gingrich will chew through his leash in ten minutes”.

This country has become a nation of weaklings. There is many 20% of the population with a backbone. I’m thinking of who I want to protect the country more than anything. I’ll take Newt over anyone in the field. Go ahead and vote for the RINO. Maybe we won’t be attacked by terrorists again.

cajunpatriot on February 5, 2012 at 9:12 AM

It is often during a crisis that we gain insight into a person’s real character. Romney’s actions demonstrat leadership, loyalty, and selflessness – attributes that Americans just might like to see in a president of the United States.

Mitt Romney Saved Kidnapped Girl

True story as reported by Ron Kessler at Newsmax in 2008:

http://americaisconservative.blogspot.com/2012/01/mitt-romney-saved-kidnapped-girl.html

Ron Kessler at Newsmax wrote a long article on Mitt Romney for the 2008 election. It’s informative, for those Newt Nuts who don’t see the CLEAR difference between the two men on CHARACTER.

http://w3.newsmax.com/romney/

mountainaires on February 5, 2012 at 10:56 AM

mountainaires on February 5, 2012 at 10:56 AM

Now, show that he ever did that for someone not earning him 7 figures a year.

astonerii on February 5, 2012 at 11:27 AM

Doesn’t matter now.

Newt is toast.

Moesart on February 4, 2012 at 6:17 PM

Did you all see Newt flail around in the press conference last night?

It was embarrassing! I think that little performance of his sunk his already floundering campaign.

Newt was trying to create magic in his tough guy exchanges with the reporters, but it just wasn’t working. Newt flopped!

bluegill on February 5, 2012 at 11:59 AM

This is one of your WORSE threads, Allahpundit.This should be take down because it’s very misleading.
Fannie/Freddie were much better entities in 1995 and Newt’s role did not lead to what happened a decade later.

It’s obvious that Ed is working to help elect Romney…I did not know you were also. All this energy to take Newt down is only helping cement Romney as the nominee because Rick Santorum has no teeth without even being attacked. Ron Paul is a crazy old man so Newt is all that is standing between Romney and the nomination (Sarah Palin figured that much).

jules on February 4, 2012 at 9:51 AM

Yes, this is pretty weak and transparent.

Can you believe we here on HA, one of the most conservative blogs in the country, are arguing for nominating a former Massachusetts Governor! Next we will want Gov. Brown from CA.

What happens to Romney’s electablity when the unemployment and economic reports continue to improve? ( I think there is a good chance of an inverse of what happened back in 1991 to Pres. Bush.)

It takes the one and only debate point that he has against Obama away, and Obama wins another term.

JeffVader on February 5, 2012 at 12:18 PM

Yeah, let’s blame it all on Newt since Americans are just so gullible. /s

DannoJyd on February 5, 2012 at 5:30 AM

It worked didn’t it?

runawayyyy on February 6, 2012 at 2:21 PM

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