Wednesday, November 16, 2011
If I were a rich man, di-dee-di-dee-di-dee-di-dee-dum
I would tell everyone how I made my money if I were running for president. It only makes sense since the truth will come out anyway. And now poor Newticles is getting hammered in the press because he tried to bullshit his way past an inconvenient question.
In recent months, GOP presidential candidate Newt Gingrich has strongly criticized Freddie Mac and sister company Fannie Mae, as well as Democrats in Congress that he claims played a key role in the collapse of the housing market. And yet two former Freddie Mac officials recently told Bloomberg that Gingrich made between $1.6 million and $1.8 million in consulting fees from the mortgage company.Who really believes that Tiffany & Co gives $500K credit lines to people who only make $300K?
That amount is significantly larger than the $300,000 payment that Gingrich was asked about during a Republican presidential debate on Nov. 9.
The Freddie Mac officials also told Bloomberg that Gingrich was asked to build bridges with Capitol Hill Republicans and help sell the mortgage company's public-private structure to conservatives.
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