Article: Gingrich Firm Releases Freddie Mac Contract
Newt Gingrich’s consulting firm yesterday released a copy of its 2006 contract with Freddie Mac (FMCC), which covers just one year of his multiple years of service and documents only $300,000 of the $1.6 million he received from the mortgage company.
Gingrich has not denied the $1.7 million amount that his firm reportedly received from Freddie, which was first reported by Bloomberg News. A person familiar with his work for the company told CNNMoney that the figure is "generally accurate."
The Retention Agreement from Freddie Mac is located here.
A few extracts (clauses 1b, 1c, 1d and 9b)...
(b) Services have to be rendered to Freddie Mac based on "legal requirement"... the following is one of the laws congress has passed (notice how easy it would be to commit, what was previously fraud, within the law!)...
The shocking truth about the crackdown on Occupy: "No 3 was the most clarifying: draft laws against the little-known loophole that currently allows members of Congress to pass legislation affecting Delaware-based corporations in which they themselves are investors."
(c) Freddie Mac required action within it's specified "timeframes and will include such other information related to the Services as Freddie Mac may request." i.e. You gotta tell us whatever we want to know (that's what the contract says!)
(d) "Confidentiality is of utmost importance."
Is saying anything more really necessary? If so...
With the above information in mind, now watch the following video...
1. Mitt Romney says Gingrich was a consultant (approx 15 seconds). Look at the information above... it's obvious the part about being a "historian" is an outright lie. Newt replies, "I offered strategic advice" and then goes on a rant to confuse his voters so they could think he's right.
2. Mitt Romney wasn't working for the Government and a Corporation at the same time (also called 'conflict of interest'... thus the Delaware law above).
3. When Romney says Gingrich was "influence peddling" he is absolutely correct (see extracts of contract above).
Some more evidence of hypocrisy (notice how easy it would be for Obama to beat him in a debate)...
From CNN:Gingrich's Ethics
House Speaker Newt Gingrich agreed on Dec. 21 to accept the House ethics investigative subcommittee's finding that he should have sought legal advice on the propriety of using tax-deductible donations to fund two college courses that he taught. He also admitted to providing inaccurate information to the ethics committee in two instances.
Just one month later, on Jan. 21, the full House voted 395-28 to approve the House ethics committee's punishment of a reprimand plus a $300,000 penalty. Though it allowed him to hold onto his powerful post, the outcome marked the first time a sitting speaker has been disciplined by the House
What Gingrich said back then...
"I was overconfident, and in some ways, naive. I did not seek personal gain, but my actions did not reflect creditably on the House. ...I accept responsibility for this, and I deeply regret it." -- House Speaker Newt Gingrich, Dec. 21, 1996
Conclusion: Newt Gingrich Is A Compulsive Liar
Government Mandates: Newt Gingrich and the Art of the Con Explained
One of the biggest cons Newt is pulling, is his on going effort to make people think he doesn’t support pretty much everything included in ObamaCare. Newt constantly says he doesn’t support the individual mandate “in ObamaCare” and this is the truth. Newt does not support the individual mandatein ObamaCare but that doesn’t mean he doesn’t support the individual mandate! This is how smart Newt is. And make no mistake, Newt is highly intelligent. Newt knows that he can ramble on and on about the individual mandate in ObamaCare and only the most observant, only those who actually know Newt’s real position on the matter will call BS. The average voter just hears Newt is opposed to individual mandates, and moves on. Worse than that, after hearing Newt doesn’t support the individual mandate [in ObamaCare] when presented with the facts that Newt actually DOES support individual mandates, as long as it’s in HIS plan, victims of Newt’s con get angry, and will often call you a liar. Or they go into a long explanation telling you that Newt gave a long explanation about it all. Newt can talk longer, and say less, than anyone in politics today. Even when shown video proof of Newt supporting individual mandates on many occasions, including as late as May of this year, victims of Newt’s con will tell you that you are wrong.
That’s how good Newt is, and why he must never be allowed back in elected office and should be investigated for Insider Trading to a degree that left million of Americans without homes or income. Newt absolutely supports individual mandates. Newt teamed up with Hillary Clinton back in 2005, not only pushing for government mandated health insurance, but showering Hillary with praise in the process. Now I think Newt is a true believer, just as he is in the man-made global warming hoax. That said, the $37 million he has been paid by various drug and insurance companies, all with a keen interest in seeing mandated health care insurance become law, wasn’t for “history lessons!”
This following is yet another example of a position change WITHOUT any external pressure, i.e. another lie...
Gingrich the professor was a strong advocate for scientific research. Gingrich the presidential hopeful? Not so much.
In a November 2000 forum on policy in Science, Gingrich advocated for more government investment in scientific research and technology. In his essay, he specifically highlighted the need to allocate more money for climate research to the National Oceanic and Atmospheric Administration. He lamented that NOAA is "so strapped for money" that it could barely keep its basic programs running, let alone make major new investments in cutting-edge research.
This sentiment sets Gingrich apart from the current batch of Republicans in Congress, who have long been after NOAA and made the agency's climate work their prime target.