Wednesday, November 16, 2011

Oh what's a few zeros among friends - Updated 2X

At the last GOP debate Newt Gingrich claimed he only made $300K in his capacity as a "historian" for Freddie Mac. It appears Newt's a little off on those numbers:
Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.
Can't figure out if Republicans don't yet realize the internet exists and they can't lie about recorded history without getting caught or if they just assume their Fox fed base is too insulated from the real world to ever see the truth.

Update: Hit publish too fast. Apparently, Newt squares the inconsistency by qualifying the additional money as a "fee for “strategic advice." And by the way, Newt's consulting gig lasted for 8 years.

Late Update: Thanks to Think Progress for rounding up more of Newt's "not technically lobbyist" gigs.

Labels: ,

Bookmark and Share


Post a Comment

<< Home