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Newt Gingrich Catches Mitt Romney Flat-Footed In Freddie Mac Tussle

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“Lord knows everyone knows each other by now,” Brian Williams noted as the start of this first debate in Florida. And the debate did start off at a pace that felt absolutely glacial compared to the fireworks within the first minute of last Thursday’s. But after a few warmup rounds, Mitt Romney started landing blows on Newt Gingrich‘s career at Freddie Mac as an “historian,” and had him cornered until Gingrich piped up and asked, “What was the gross revenue of Bain while you were working there?”

Gingrich emphatically denied doing any lobbying when Williams brought up the issue, before Williams tossed the ball to Romney, asking Gingrich whether he had ever “peddled influence,” vocabulary Romney used at the beginning of the debate. “There’s a point in this process where it gets unnecessarily personal and nasty, and that’s sad,” Gingrich replied (Yes, this is the sort of debate where Freddie Mac is the “unnecessarily personal and nasty” topic). “I think it’s pretty clear to say that I have never, ever gone and done any lobbying,” he confirmed.

Since his name was spoken, Romney was allowed to jump in, and he called Gingrich’s title at Freddie Mac “chief lobbyist,” arguing that the company doesn’t pay the millions Gingrich received “for you to be a historian.” He also noted that Gingrich was speaking publicly in favor of government sponsored entities.

“As a business man, you know that the gross revenue of Bain was not your personal income,” Gingrich corrected, suggesting that those millions weren’t his personal salary, but rather, “my share annually was about $35,000 a year… based on my knowledge of history, particularly the history of Washington.” He then flipped the question on its head: “What was the gross revenue of Bain at the time you were there?” Romney fell into the trap of actually answering the question, and mumbled a bit before responding, “very substantial, but I don’t see how that’s relevant.” He finally got out by switching the topic to Gingrich supporting Medicare Part D.

“Let me be very clear, because I understand your technique– you used on McCain, you used on Huckabee, you use it consistently,” Gingrich responded. “I have always publicly favored and openly advocated… Medicare Part D, it saves lives.”

The segment via NBC below:

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  • Gloves Llarry Donahue

    Other way around. Newt back on his heels.

  • Pablo

    Romney sucks at this. Remember when he was supposed to be Mr. Smooth in the debates? When this was supposed to be his strength?

  • Pablo

    Not for long. He’s a greasy bastard, that one.

  • http://pulse.yahoo.com/_TWK2YYJTTIDLZIVV7NKZM23Z6Q Tyler

    Mitt playing a great game of chess but his game will soon fall apart.  

  • Anonymous

    Ahhh the mormon versus the catholic. I wonder if god is picking a winner?

  • Hout Bosques

    Frances, Mittens didn’t call Newtie the “chief lobbyist” for FM – he pointed out, accurately, that the “consulting contract” Newtie signed with FM was WITH the chief lobbyist for FM, not AS.  For those who can’t believe I’m ‘defending’ Willard Mittens Rmoney Pate de Fois Gras Avec Grey Poupon Thurston Howell III, I’m not doing that – I’m defending accurate reporting.

  • Anonymous

    RHINO.

  • Jardino

    Newt’s hair looks like a helmet, too!

  • val smith

    And this is a great example of why old Newt is going to lose-the conservative mantra is that medicare part D was bad bad bad-Newt cannot court conservatives while at the same time advocating expansion of the fed-this is what Glenn Beck means when he calls old new a big government progressive. Newt has to denounce any and every liberal bone in his body or its over for him. Its funny that he’s deriding Mitt as a moderate when Newt’s record is hardly one of staunch conservatism. All Obama has to do is remind the country that Newt loved Global warming and worked with Pelosi just like he worked with Sharpton on Education-independents don’t like candidate who renounce beliefs that appeal to them. We saw that with McCain.

    Obama will stroll into a another term if this is the best the GOP can do because while Newt might be besting Mitt he still loses by at least 10 points again Obama in every known poll.

    ;-) 

  • val smith

    that’s “RINO” in GOP-newspeak.

    Double-plus good.

  • Anonymous

    Why does Mitt always end up attacking other republicans? He did the same thing last time.

  • http://pulse.yahoo.com/_TWK2YYJTTIDLZIVV7NKZM23Z6Q Tyler

    We don’t listen to Beck anymore and thats why Newt was able to win South Carolina.  Beck is gone he is old news. Many people in Congress refused to talk to Beck because he was not playing by the rules.

  • Anonymous

    How is that catching Romney “flat-footed”? Gingrich is just changing the subject, trying to remove himself from a cornered position because he has no reasonable reply otherwise. He can say all he wants he wasn’t lobbying but this “giving advice”, “counsel”, based on his role as a historian is ridiculous on its face. Of course it was “influence peddling”, as Romney put it. And entirely legal within the absurd revolving door in Washington.

    Romney should just keep pounding Gingrich on it until the cows come home.

  • Pablo

    Because it’s a primary?

  • Anonymous

    I’m kidding with Hout Bosques.

    Don’t you be a RHINO too!

  • Anonymous

    No..it was never his strength.  He is not a politician…he is a businessman who knows how to get things done.  Exactly what we need in DC.

  • 19 Delta

    That’s God. There’s only one God.

    Secondly, if we’re getting on the topic of God, both Catholics and Mormons have it all wrong, especially Mormons. Who the heck in their right mind can believes in the saint ladder saints day. Ok, I shouldn’t mock them, because they’ve been led astray, but this race isn’t about religion. It’s about getting America back to where we should be.

    Too many people wanting someone else to take responsibility for things they are responsible for.This country needs a strong and unapologetic President. Not this wuss we have in office. I hate to say that because he’s MY President, but he needs to get back to community organization…where he belongs.  What a wasted piece of history. Barack Hussein Obama, as the first HALF black HALF white President.Allen West should have been the first minority President.

  • Anonymous

    Romney called Newt “Chief Lobbyist?” You actually watched this debate? You get paid to write articles on a major news site? SMH

  • Hout Bosques


    Why does Mitt always end up attacking other republicans?” 

    Too simple – here it is, step by step: 

    Former Governor Romney committed to Reagan’s 11th Commandment, ie. not to attack fellow GOP contestants.

    But Candidate Mitt realized the folly in that approach. 

    Put that bit of Romnificence together with that epiphany of Mittitude, & whatdaya got? Mitt Romney – the flip-floppiest Flip Flopper in American history.

  • Hout Bosques

    Mitt’s had at least one jab that scored, a direct hit on Newt that dazed him. But you’re right: other than that, pretty frickin’ unspirational.

  • Anonymous

     Well I think you should move out of the country before November. Because you are really going to be upset after that.

  • Anonymous

    Oh and you have no idea if Catholics or Mormons have it all wrong. Neither do you have any idea if there is more than one God or any God at all. And anyone who claims that they know is full of crap.

  • Hout Bosques

    Very appropriate last Q & A: Williams gives Mitt an invitation to chew off his own foot, and Mitt goes, I’m going to talk about pineapple futures in Tonga, or something, anything other than answer that – & oh yeah, Obama, he bad, he evil, he wrecked the housing market, yabadayabadayabada*.

    (Can’t say “blah blah blah” – that’s been trademarked to Santorum – I checked on Google.

  • barbara clemen

    I don’t believe so. Some of the powerful Rhino’s in Congress at that time, repeatedly (harassment) were trying to derail policies that needed to be fixed. And Clinton was balking…it took 3 or 4 times for Gingrich to bring him to bear.  And this was without the Dems. placing obstacles in his path, after being denied an additional 2 to 6 year reign, after 40 years of total control.

    Look where it’s landed us?

  • Hout Bosques

    Latest timeless concept from the GOP Contest, soon to appear on The Colbert Show – “self-deportationer”. 

  • http://www.facebook.com/ajcVet Ajc Vet

    Once again Romney-Bain puts a silver boot in his mouth. This time in this Tampa-FL GOP debate, he brags about how much richer he is than all of us by mocking Senator Ted Kennedy for having to mortgage his home to fund his campaign against Romney-Bain. The man died of cancer and showing your I lost the MA Senate campaign sour grapes is nothing short of classless. Romney-Bain doesn’t have a tin ear, he has a wooden ear with no resounding echo of intelligence inside, LOL! 

    PLEASE FLORIDA VOTERS—PICK ONE OF THE OTHER THREE GOP CANDIDATES, I BEG YOU!!!

  • val smith

    Gosh you don’t listen to Beck? That makes me so happy. ;-)

  • http://www.facebook.com/people/Robert-Stephenson/663097237 Robert Stephenson

    by at least 10 points again Obama

    The word you were looking for ,val smith ,is ” against ” .
    Thanks for the laugh of the MONTH .

    HAhahHAHhahHahAHhahAhhAHhahAhhAHhAhHAha

  • Anonymous

    If God is picking a winner it certainly is not the three time adulterer Gingrich.

  • val smith

    I would expect nothing less from a simple “jamoch” like yourself. LOL!

  • lizzie

    *snicker*

    It’s not fair ….poking fun at the simple minded like that RS .

  • Anonymous

    Exactly what we need, in some position in government, not as a president.

  • Anonymous

    Uh, oh, Mitt- look out for those glass houses when you start throwing rocks!

    http://thinkprogress.org/economy/2012/01/23/409580/romney-fannie-freddie-profit/But Romney is throwing stones from within his own glass house, as he also profits from Freddie Mac and Fannie Mae, as the Boston Globe detailed back in September:On his financial disclosure statement filed last month, Romney reported owning between $250,001 and $500,000 in a mutual fund that invests in debt notes of Fannie Mae, Freddie Mac, among other government entities. Over the previous year, he had reported earning between $15,001 and $50,000 in interest from those investments.And unlike most of Romney’s financial holdings, which are held in a blind trust that is overseen by a trustee and not known to Romney, this particular investment was among those that would have been known to Romney.

  • Anonymous

    I’d love to know what Romney actually did at Bain- I know he was a fund raiser, with his father’s, Mr. Marriott’s and the LDS connections, but was he more than that? He didn’t actually “run” Sports Authority or Staples (though he would have you believe he did). Rather, he invested in those entities. 

    Romney’s an “investor,” using the tax code to benefit himself and Bain, but he’s not a man who has “run” a business,( with the exception of Bain), and who knows how much he actually “ran” Bain or whether he was the figurehead/rainmaker because of his family connections. Wealthy families do like to “place” their offspring in businesses which are connected to their own- especially if their own wealth is created by a publicly traded company where there are nepotism rules. 

  • Anonymous

    Hehe awww who knows. Ya never know what old Mitt has hanging in his closet.

  • Anonymous

    I thought I had Newt on that one, but then he reversed it and made me look worse than John King out  there.  I think I just lost Florida :(

  • Hout Bosques

    Somehow I think some obese greasy womanizing influence pedlar is going to raise this on Thursday.

  • Anonymous

    That was before tonight’s debate.  Now I understand why that 11th commandment is there.  I intend to abide by it from here on out.

  • Anonymous

    I thought I had an opening with his disgraceful resignation as speaker, his connections with Fannie & Freddie, and his lobbying.  Boy was I wrong.  From now on, I’m just going to run as a nice guy with a lot of money.

  • http://profile.yahoo.com/TJF35NBLUYRGBSTQSDTPA45NKA SUZY

    Shouldn’t Romney concentrate more on politics than bashing Newt…and than all supprised that Newt retaliates….it was Romney who started it first the nasty campaign. What is good for the goose it should be good for the gender..?????

  • Anonymous

    I got him on the $1.6 million historian job, but other than than, I got knocked the f out.

  • Hout Bosques

    Not until he meets up with this guy: 
    https://twitter.com/#!/SFuckinAlinksy

    Best tweet du nuit.

  • Anonymous

    I tried to be smooth but Newt wasn’t having any of it.

  • Anonymous

    You mean like how I’m falling apart right now?

  • Anonymous

    Between a Mormon like me and a Catholic like Newt, God will just go with the Muslim Obama.

  • Anonymous

    If you call Newt out on being a liberal, he will just yell at you. 

  • Anonymous

    He didn’t change the subject.  I was the one who was stupid enough to bring up his lobbying for the healthcare industry.  Forgot that we were in a state with lots of old people that would side with him on that.  As Rick Perry would say, “oops”.

  • Anonymous

    I was hoping Brian Williams was going jump in and call Newt off, but he waited till they had to go to a commercial before they did anything.  Didn’t expect that one. 

  • Anonymous

    I would say Newt took my silver spoon and shoved it down my throat.

  • Anonymous

    Don’t worry, I have enough money to buy a new glass house.

  • Anonymous

    They were going over Newt’s FM contract on Maddow.

  • Anonymous

    and wag his finger

  • Anonymous

    Newt looked really tired.

  • Anonymous

    It made me wet my magical underwear today.

  • Anonymous

    You have your head in the sand.

  • Anonymous
  • Anonymous

    There is a HUGE difference between investing in a company and earning dividends and taking money from a company for being a “historian.”  To quote Herman Cain, “You’re mixing apples with oranges.”  

  • Anonymous

    I am totally confused at the Republican attacks on the wealthy.  Suddenly the GOP is morphing into the OWS.  It is the fact that we are a wealthy nation that makes us what we are.  To muddy the water by attacking the free market system is inane and playing right into the hands of the libs.  How can you attack capitalism one minute and then say it’s the answer to all our woes the next.  Like Romney or not, to attack the American way of life is idiotic to say the least!

  • Anonymous

    It’s RINO – it’s an acronym.

  • Jackson Baer

    Although limited in time, He did well at the debate tonight. Ron Paul won’t win Florida but I hope he does better than 10%. I don’t know why his appeal is so limited in the Southern states. Are my Southern friends that opposed to his foreign policy and the idea of living by the Golden Rule? I’m from Georgia and I just don’t get it. Paul is fiscally conservative and stands for liberty and freedom.

    http://www.youtube.com/watch?v=262l6tbHSlU

    http://www.whatthehellbook.com/2012/01/17/to-hell-with-peace/

  • Anonymous

    And maybe you’re a flaming homosexual.  Idiotic assertions have no place in rational debate… but of course, that isn’t taking place on this site at this time.

  • Anonymous

    Yeah, why try to get all sides of the story when sticking your head in the sand is so much easier.  You can deny all the facts that you want, but that doesn’t change their validity.

  • Anonymous

    Bigotry, be it racial or religious, is a clear demonstration of an ignorant, small-souled person.

  • Anonymous

    gander

  • http://www.facebook.com/people/Charles-Swann/100003281352784 Charles Swann

    I don’t support either one of these guys, but this is an extraordinary piece of political theater.  It’s really interesting to see a sustained discussion between candidates.  I figured Gingrich could hold his own, but really, Romney acquitted himself pretty well.  For me, this is the most real conversation I’ve seen in the Republican debates.

  • Anonymous

    If I may use a football analogy, the fans are often referred to as the 12th man on the field.  Brian Williams and NBC took away Newt’s 12th man on the field by telling the audience that applause, cheering and booing would not be tolerated.  The result might have been a few more questions asked, but the debate was much more subdued and dull.  Of course, it also gave NBC more time to air commercials and they aired many more than the cable channels do.

    Does anybody think that NBC will interrupt President Obama’s State of the Union Address to sell us more drugs for erectile dysfunction?

  • Anonymous

    Will you be building a room for Shemus, or does he stay in the crate on top of the station wagon?

  • Anonymous

    You did better than you think.  There will be no scandals for you unless Newt has videotape of you sipping tea and coffee between cigarettes while you are lying in bed with Casey Anthony and Shemus!

  • Anonymous

    I did not see Newt rubbing your butt to see how smooth you are.  It must have happened during one of the commercial breaks

  • Anonymous

    “Judge not, that ye be not judged!”

    If what you say is true, why did God pick JFK and Clinton?

  • barbara clemen

    I’m not a scholar, usually multi -tasking.

    Thank you, Jack82431. I don’t mind the tips at all.

    Smiles

  • Anonymous

    man you are on tonight! If you really had this sense of humor I would totally vote for you:)

  • Anonymous

    huh?

  • Anonymous

    Stop smearing our President!  He is not a Muslim.  He faithfully follows the teachings of the Rev. Jeremiah Wright who performed his marriage and baptized his two daughters!

  • Anonymous

    CLASSIC!

  • http://games-survival.com Justplaythegame

    If you vote for Newt.. your brain size must be equal to one..
    Sorry to see South Carolina is easily swayed by his corruption and pandering.

  • Anonymous

    Beats me probably because there is no god.

  • Anonymous

    There ya go now your getting it.

  • Anonymous

     And a person with no sense of humor is boring.

  • Anonymous

    Tim Tebow has proven that there is a God.  All of you agnostics assumed he was praying for himself and the Broncos.  Turns out that he prayed for the St. Louis Cardials to win the World Series and he is  praying for the Patriots and the Giants to meet in the Super bowl.

  • Anonymous

    Damn Sneaky Tebow

  • Hout Bosques

    … at least until after the press gets through puzzling over why my 2011 tax return doesn’t show where my income came from, the most recent polls come out, & the next pre-Florid (sic) debate opens. Until then though – sure, I’m on the 11th amendment like a .22 on a moose … uh, elk … o.k., varmint. Come on everybody – for amber waves of whatever you got here, cane sugar, right? that’s gotta be amber waves. Come on now – for purple mountain majesties, no mountain here, o.k. swamps, you have swamps, right?  

  • Hout Bosques

    … in a glass dog crate.

  • Hout Bosques

    He just can’t work himself up to doing it. He finds this entire politics male cattle excrement so bewildering & distasteful –    

    What is WRONG with these people? If they just stop for a moment & think it over, I’m sure they’ll realize resistance if futile & how much more intelligent, refined, qualified, appropriate & downright deserving I am than these ridiculous … POLITICIANS! It did occur to me that they might just want a cash incentive, so I gave one them some money, a woman, a minority person I think, she certainly looked like one, & she seemed genuinely grateful. I was pretty sure that would get around the grapevine of wherever ghetto those people live in, & then we could finally close this deal, one voter at a time if necessary. I’ve got more than enough to take care of all these Florida voters, to say the least – but they seem sort of dim & thick, like they’re slow on the uptake, it’s worse than dealing with those union people. If I’ve told them once I’ve told them ten thousand times, elect me & you’ll be employed; every time I told those union people that, they bought it every time, hook line & sinker – but this repulsive Newt person is just like a rash on under-rinsed undies & for some unfathomable reason they actually find him attractive. It’s all very tiresome.  

  • Hout Bosques

    Might have been a good idea to actually check your own portfolio, too. Believe it or not, some of these press people actually know how to READ!

  • Hout Bosques

    Might have something to do with Medicare, social assistance & food stamps. I hear there might be is a few old people down there, & also a few unemployed who still remember what it’s like to eat.

  • http://www.facebook.com/profile.php?id=1190134026 Barry Dalton

    “Don’t listen to me, Don’t believe me.” — Newt Gingrich, January 23, 2012

  • Hout Bosques

    Bet on it – & also bet on things getting raucous in the Tea Party Caucus – it could occur to some of them this is their last ever SOTU.  

    (Also, more footage for Axelrod to use in the general. Seriously – there’ll be historians who are going to speculate these angry tweeters were actually covert operators for Obama 2012.)

  • http://www.facebook.com/profile.php?id=1190134026 Barry Dalton

    weird head line and take on this exchange

    for the first time, I have to agree with Gloves

    Newt got spanked in this exchange

  • http://www.facebook.com/profile.php?id=1190134026 Barry Dalton

    Non partisan comment:

    Based on this exchange, if I were Obama I would much rather face Newt in a debate than Romney.

    partisan comment:

    Romney and Newt would be equally horrible presidents

  • Anonymous

    Don’t be confused. Newt is a very self-serving individual who will glady use liberal talking points to get ahead and that’s basically what he did in SC about Bain & my taxes. Now he’s trying to win Florida trying to be some universal healthcare candidate. Worst thing is that if you call him out on this he will yell at you & hurt your feelings. That’s why I’m in a bind.

  • Pablo

    That’s not a new concept. In fact, people have called it “going home” for years.

  • Anonymous

    I sold Shemus for a profit a long time ago.

  • Anonymous

    Newt has been doing exactly what you described ever since we all got to Florida (Casey Anthony, Shemus, cigarettes, & all).

  • Anonymous

    I just think its messed up that being a Mormon is somehow worse for politics than being a Muslim now days. Are you kidding me?

  • Anonymous

    Wow, I just might be the biggest square to ever run for president.

  • Anonymous

    I wish Rick Perry was still in the debate. It was easier to just sit back & let him make a fool out of himself. Now I actually have to debate…LAME.

  • Anonymous

    Thank you, if you want, I could Google some knock knock jokes. I have been know to make a wisecrack every now & then.

  • Anonymous

    I would rather Obama face Newt in the debates as well.

  • http://www.facebook.com/profile.php?id=1190134026 Barry Dalton

    “I think it’s pretty clear to say that i have never, ever gone and done any lobbying. 

    “In fact, we brought in an expert on lobbying law and trained all of our staff — and the expert is prepared to testify that he was brought in to say, here is the bright line between what you can do as a citizen and what you do as a lobbyist.”

    Gingrich had previously claimed that Freddie Mac hired him as a “historian,” but he may be the first historian in history to have hired a consultant to make sure his historical work didn’t accidentally drift into the legal definition of lobbying.

    The Gingrich campaign quickly blasted out a release calling the candidate a “small businessman,” but few small businessmen would see the need to hire such a consultant, either.

    http://www.huffingtonpost.com/2012/01/23/newt-gingrich-admits-he-h_n_1225771.html

  • Pablo

    He’s been campaigning for 18 years.

  • Anonymous

    The Hocus-Pocus of Romney’s Money Management is evidence that the Tax code
    needs Changed !!! When you see that some people can use the tax code to Out
    source how they pay taxes with international advantages that NOT everyone has
    that advantages too ,   this makes the case for tax code Reform and if you
    point this out you can Isolate Romney from the Average American by saying that
    Romney will never be able to help the average American with the same tax
    advantage he has , and he will be hard pressed to want to change this tax code
    because of his advantage .

      When Mitt Romney can speak to the
    American people about how he Legally can Duck and Dodge what the
    Average American pays in Taxes is like a Cold Slap in the Face of the
    US American people !!!!!

     This gives Obama a Perfectly Clear
    Advantage to Make his Claim about Income inequality , and  this needs
    to be Pointed  out to people that here is a Perfect example of the NEED
    in Changing the tax code to a Fair tax system that does not Allow so
    much Internationalism in the USA Domestic tax code because NOT Everyone
    has access to a International income advantage Like Mitt Romney that
    allows him to out source his Income tax to his advantage and give the
    Liberal Machine the fodder they need to CRY on the emotion of the
    isolated tax payer and say Oh give me the Government more control over
    YOUR tax Money and trust that We the Government will Not screw you Just
    as bad  .

     

     

  • http://twitter.com/Elvislivzon Jon Burrows

    The article is backwards. Romney spanked Newt last night.

  • http://games-survival.com Justplaythegame

    agreed… I wouldn’t vote for Mitt or Newt..

  • Michael T.

    It seems clear that Mediaite’s Frances Martel is a Gingrich supporter. Or at least prefers him over Mitt Romney.

    That is fine and I have no quarrel with that.

    But I do think her contention that Newt scored debates points with her headline that, “Newt Gingrich Catches Mitt Romney Flat-Footed In Freddie Mac Tussle” is misguided and runs counter to the way most people felt on this issue.

  • Michael T.

    Absolutely agree.

    As I wrote in my other post I think Frances Martel’s bias is showing.

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