EXPLOSION OF NEWT GINGRICH – PART II

Additional examples of Gingrich’s history of flip-flops through the years:

Paul Ryan’s Budget Plan:

  • Flip: “I don’t think right-wing social engineering is any more desirable than left-wing social engineering. I don’t think imposing radical change from the right or the left is a very good way for a free society to operate.” — May 15, 2011
  • Flop: “I made a mistake. And I called Paul Ryan today, who’s a very close personal friend and I said that. The fact is that I have supported what Ryan has tried to do on the budget.” — May 17, 2011

Libya:

  • Flip: “Exercise a no-fly zone this evening … Provide help to the rebels to replace [Qaddafi] … All we have to say is that we think that slaughtering your own citizens is unacceptable and that we’re intervening. And we don’t have to send troops. All we have to do is suppress his air force, which we could do in minutes.” — March 7, 2011
  • Flop: “I would not have intervened. I think there were a lot of other ways to affect Qaddafi…I would not have used American and European forces.” — March 23, 2011

Criminal Court Trials for Suspected Terrorists:

  • Flip: “Well, I think if [members of the Bush administration] believe they have enough evidence to convict [Jose Padilla], going through the process of convicting him and holding him, I suspect, may be for the rest of his life without parole would not be — would hardly be seen as a loss. I think this administration is still wrestling with what are the real ground rules for dealing with people who are clearly outside of normal warfare? They’re not wearing a uniform. They’re not part of an army. They are openly threatening to kill thousands or even millions of people.” — November 22, 2005
  • Flop: “Why would you take a Nigerian national who just tried to blow up a plane over Detroit … Why would you take that person, put them in the American criminal justice system, give them an attorney, read them their Miranda rights? — January 4, 2010

Since ending his relationship with Freddie Mac in 2008, Gingrich has become a major critic of both Fannie Mae and Freddie Mac.  However, according to a recent article in Bloomberg News, Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with Freddie Mac.  This amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during the Republican presidential debate on Nov. 9, and more than was disclosed in the middle of congressional investigations into the housing industry collapse. When asked at the debate what he did to earn a $300,000 payment in 2006, Gingrich said he “offered them advice on precisely what they didn’t do,” and warned the company that its lending practices were “insane,” a comment disputed by former Freddie Mac executives. Gingrich also said that the payments were for “strategic advice over a long period of time” and that his fees were sent to his consulting firm, not to him personally.  Gingrich’s first contract with Freddie Mac was in 1999, five months after he resigned from Congress and as House speaker and he was paid a monthly retainer of well over $25,000.

Personally, because of Newt’s baggage, I believe that his favorable explosion in the polls is temporary and as quickly as it started, that’s how quickly it will end, but that’s just my take.

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