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Newt Gingrich Is A Sinister And Corrupt Blowhard

Sourced by OzHouse.org

articles.businessinsider.com

Newt Gingrich is a slime-bucket. That isn’t an opinion.

You just need to understand his relationship with Freddie Mac.

For the past few years, Newt Gingrich appeared to be a staunch foe of Freddie Mac, the government-sponsored enterprise that is the guarantor of so much bad mortgage paper.

As John Derbyshire points out at National Review:

Back during the 2008 presidential campaign, he told a Fox News interviewer that then-Senator Obama ought to return contributions he had received from Freddie Mac and its sister racket, Fannie Mae. Just last year Newt brought out a campaign book in which he argued for getting rid of Freddie Mac and Fannie Mae.

But now that it has been exposed that Freddie Mac paid  Gingrich over $1.5 million to lobby conservative legislators to abandon their free-market convictions and support Freddie Mac, Newt has gone into damage-control mode.

Read more: http://articles.businessinsider.com/2011-11-21/politics/30424507_1_newt-gingrich-freddie-mac-that-freddie-mac#ixzz1kHPkcXEa