Former Freddie Mac officials familiar with the consulting work Gingrich was hired to perform for the company in 2006 tell a different story. They say the former House speaker was asked to build bridges to Capitol Hill Republicans and develop an argument on behalf of the company’s public-private structure that would resonate with conservatives seeking to dismantle it.
If Gingrich concluded that the company’s business model was at risk and that the housing market was a “bubble,” as he said during the debate, he didn’t share those concerns with Richard Syron, Freddie Mac’s chief executive officer at the time, a person familiar with the company’s internal discussions said.
Newt claims that they were paying him not for influence with Republicans, but for his opinion as a historian. Riiiiiiiiiight. How many third-rate professors who weren't politically connected did they cut $300,000 checks to?
It looks like it was an investment that paid off for the corrupt government-sponsored enterprise. The Republican-controlled House didn't pass GSE reform, and we all know how that worked out for the country. But hey, Newt had to pay for that half-million debt to Tiffany's somehow, right?
They're all whores, with the apparent exceptions of Ron Paul and Gary Johnson.