Following a mass resignation of top staffers barely two weeks ago, the Newt Gingrich finance team quit, putting his 2012 presidential campaign in further jeopardy. Sixteen Gingrich staffers, the ′hucksters′, quit amid charges that Newt was not serious and that his wife, Callista, was running the campaign. Stories about her spending large sums at Tiffany′s jewelers are not going away either, as the Washington Post has a new article about a second line of credit for $1 Million dollars. Shortly after launching his 2012 presidential run, Newt Gingrich took a week off for a Greek vacation with his wife.
So is the 68-year old former House Speaker toast? Many analysts agree that Gingrich is going nowhere fast. His campaign began with a major stumble over criticism of the Paul Ryan 2012 budget plan for reducing federal spending and budget deficits. His debate appearance last week in New Hampshire was not very inspiring either, often sounding more professorial than even Barack Obama.
So why has the Newt Gingrich finance team quit? Fund raising has been lack luster, mainly due to the 2012 presidential candidates own stumbling. Newt′s campaign is said to be some $1 Million dollars in the red currently, as hefty travel expenses pile up. Gingrich carries a lot of old baggage with him, including two divorces and making a commercial with Nancy Pelosi supporting the premise of man-made climate change. He is seen as one who supports the Cap and Trade carbon tax scheme, a job-killing bill passed by the Democrat-controlled House in 2009. Between his affairs and scandals, Newt Gingrich has little support for being president, usually polling in the single digits. It would appear that only a miracle could aid the Newt Gingrich 2012 presidential campaign at this point. After 16 top staffers resigned less than 2 weeks ago, most analysts believe he will be forced out of the race before the end of July, if not sooner.
June 22nd, 2011 at 3:56 am
Nice story, Andy. My new favorite part of the story was the 2nd credit line at Tiffany’s. Exactly how much expensive jewelry do they need? Unless they use the kobe bryant system of bling, each time you get caught you buy some bling.
June 22nd, 2011 at 4:26 am
“spending large sums at Tiffany′s jewelers are not going away either, as the Washington Post has a new article about a second line of credit for $1 Million dollars.”
Like you said Anthony, the guy never should of run in the first place. But with all due respect to the man why wont these stories about his line of credit with Tiffanys go away as its some Cardinal sin ? What ? Because mostly every ones broke the reality of his financial status is an issue ? Anymore than the equity he probably has on various properties that I’m sure come to well over a million bucks.
Instead of him representing the fact that only in America can you live the dream hes somehow demonized for being successful.
Should he grab a plumber named Joe and a microphone and say he wants to spread that million around ? And anyone else that can get a hold of a million do the same ?
Yeah, I know the answers to my own questions and honestly think his campaign is a waste of time and money but how the fck is his financial status no different than many other politicians/candidates out there ? Trump, Romney…? Hell, they’re much wealthier I’m sure with great lines of credit everywhere.
Its fckin irritating as if its relevant to anything and hes hiding money and trying to appear like hes in the same boat as most of us.
Hell, as long as hes been in this game if he didnt have a million dollar line of credit anywhere I’d be suspicious.
If him or Barry ran that line of crap off “in hard times we all need to make sacrifices” I’d tell him to blow it out his ass as quick as I have Barry.
Oh well, I’m a moron for thinking serious issues would actually be dealt with.
You’re done Newt, hang it up, you never should of ran as qualified as I think you are.
But on your way out tell em all to go fck themselves, in front of Tiffanys, and put it on your tab
June 22nd, 2011 at 4:31 am
“Exactly how much expensive jewelry do they need? ”
Ya know I love ya Arriba, but is that any different than Barry saying “at some point you’ve made enough money” ?
June 22nd, 2011 at 8:48 am
I think the reason it matters, Micky, is because Newt has cashed in on his public service. Trump or Bryant made their money providing some good or service on the free market. If they want to spend a million bucks on bling, they are excused.
What really stinks here is the fact that Newt, along with the rest of these bums running for president, are begging for cash from others. Even Romney is using other people’s money to campaign.
Given the times we are in today, they should exercise some modesty and austerity. Just look at how Barry has already held 30 fund raisers since his formal announcement. At this same point in 2004, Bush had only held three. The whole system stinks.
June 22nd, 2011 at 9:47 am
What person on the hill hasnt cashed in on his service ? Its almost unavoidable, they all write books, use their connections.
It bugs me more when corporates/lobbyists are allowed to give massive donations and run off with billions in taxpayer “stimulus” dollars like this fiasco Barry just pulled off.
Newts exposure over the decades comes with alot more benefit to the country than Barrys has. Newt actually made money for this country and helped put a balanced budget in Clintons lap. His work as speaker was exemplary.
Dont get me wrong, hes got some personal baggage and I’m not crazy about a President Gingrich, I just think focusing on his personal finances is off the mark compared to those who are running us broke, stealing, and spreading fcking wealth thats not theirs to spread.
And yeah, from the looks of it, under that stiff Stepford wife appearance I think there is a raging little b*tch trying to dominate his campaign. Probably didnt like his last VP pick. A Woman who looked like she actually had a pulse
If Newt borrows a million from Tiffanys I dont care if his exposure in book sales or something helps pay off that bill
June 22nd, 2011 at 2:38 pm
Micky,
Did you hear about James Hanson, the NASA idiot who is the darling of the global warming crowd? Seems he’s made over $2 Million on the side, including $720,000 from George Soros Open Society Institute, peddling his lies. He’s still on the gov’t payroll, drawing a salary. Bush should have fired his @ss!
June 22nd, 2011 at 4:23 pm
Yeah, he was on some spot today, heard about him and most of the sht he stood for coming out the UN/IPCC has been proven garbage today.
We got a president raking in bucks from a autobiography written by a terrorist.
And I’ll never forget when confronted on the border Bush said money trumps security/peace.
Newt fcked around on his wife but if Calista burns Tiffanys its her ass on the line, not ours.
Bad behavior doesnt justify bad behavior but you know when Newt was third in line for the presidency he wasnt chartering military flights costing us 2 million, or sending his family on vacations disguised as humanitarian causes for kids in Africa
I just think we should give him a break even though hes not the guy for the job, has done a lot more for this country than Pelosiraptor.
Personally I think Tiffanys shts ugly and you’re just payin for a name, I dont like his wife who looks like shes a mannequin in starched underwear, a perpetual Valium daze dreamin of her Crumpets, Tea, and scheduled vibrator sex.
Theres just something about her that doesnt look like shes got a genuine bone in her body. OD’d on Botox maybe
But hey, thats just me