Wednesday, November 16, 2011

Lew Rockwell Warned Us about Gingrich

Under his skirt, Newt Gingrich is revealed to be a bankster operative.

Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with Freddie Mac, Bloomberg is reporting.

Bloomberg continues:
The total amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored by CNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.

Gingrich’s business relationship with Freddie Mac spanned a period of eight years. When asked at the debate what he did to earn a $300,000 payment in 2006, the former speaker said he “offered them advice on precisely what they didn’t do,” and warned the company that its lending practices were “insane.” Former Freddie Mac executives who worked with Gingrich dispute that account.
Bottom line: Lew Rockwell told us all we need to know about Newt, when he recently wrote:
Some years ago, I was invited to speak at a National Review conference in the government capital. In my talk, I praised our predecessors in the Old Right, who came together in opposition to FDR's domestic fascism and drive to war. Afterwards, in the question period, up pops a furious Newt Gingrich to say, at length, that conservatives must love Roosevelt--he was Reagan's hero, after all--and to criticize Franklin or his policies was to risk being written out of the conservative movement. I responded that this is what's wrong with contemporary conservatism: its corporatism and militarism. I never saw Newt again, and I was not invited back.

Newt is a neocon, i.e., a champion of the corporate state and perpetual war, and a corrupt DC lobbyist of the worst sort. He may talk a good game, once in a while, with Obama in power, but it is all just a partisan trick.


  1. @Dave Jones:

    Contract "with" or "on"?

  2. Did you see him say last week that he would add FDR to Mt. Rushmore?

    Republican voters are such asshats.

  3. I believe I saw that speech on C-SPAN. Lew also gave the truth on Dishonest Marfan Abe...Newt didn't take kindly to that, either.

  4. And if you count the advances that major publishing companies hand him for "books" with his name on them then the situation is quiet clear.

    These books end up being dumped at retail outlets like Costco, Target, Walmart and Barnes and Noble and appear to be sold at price below the cost of the paper and printing.

  5. So because Reagan liked him, he must be ok. Why don't more Republican candidates have beliefs of their own instead of just invoking Reagan? Is social security (something FDR started) conservative? Is it any different than Obama Care? It is a government mandated insurance with zero public option and no way to opt out. Yet Obamacare is evil and Social Security is a great idea? Why because FDR started it and Reagan liked FDR so all conservatives must like Social Security?