(CNN) – Soon to be former Republican presidential candidate Newt Gingrich on Tuesday thanked his supporters and vowed to continue working to defeat President Barack Obama via web video ahead of his official campaign suspension on Wednesday.
"Because of your help and your support, we were able to put up a terrific campaign, and I want you to know that Callista and I are both very grateful to everybody across the country," Gingrich said. "I want you to know that we're going to continue out there on the road. Both Callista and I will be talking, campaigning, making speeches, doing everything we can to help defeat Barack Obama."
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The former House speaker, who announced his White House bid last May, is scheduled to suspend his campaign in the afternoon on Wednesday and back Mitt Romney, the presumptive Republican presidential nominee. Although Romney will be in the Washington, DC area during the day, sources familiar with the session told CNN Chief Political Analyst Gloria Borger not to expect Romney to be in attendance at the announcement.
Sources previously told CNN Political Director Mark Preston Gingrich is expected to endorse Romney.
While Romney is not expected at the Wednesday afternoon event, the Romney and Gingrich campaigns have discussed the two appearing at a second event in the near future, according to a source familiar with the discussions.
The two campaigns have had ongoing talks since Gingrich signalled last week he was going to pull out.
Gingrich did not mention the former Massachusetts governor by name in the video to supporters, but he stressed the importance of voters joining the effort to oust Obama from the White House.
"A re-election of Barack Obama will be a genuine disaster. And all of us have an obligation I think to do everything we can to defeat Barack Obama," he said. "I hope you'll join us in this historic effort because this is still the most historic election in our lifetime."
– CNN's Kevin Bohn contributed to this report.
Look on the bright side Newty. Now you have time to cheat on Callista and upgrade to a newer fembot model.
He couldn't even defeat the floper plastic stuff robot called Mittens so what makes him think he can defeat the all colours,gentleman called pres.Obama?Suck it up with Plastic barbie Callista the cheater.
good riddance, stay on the porch MAN, you got baggage
Good-bye. Good riddance. Don't come back. PLEASE.
Rudy NYC - If you do not believe that income redistribution is a major drain on the economy, then you do not understand why the economy crashed *across all sectors* in 2008. It crashed because the air had been sucked out of the balloon. The middle class has been crushed and all of their disposable income has evaporated. Demand is down, way down
Rudy, you're so clueless you could be a top advisor in the Obama administration! The economy didn't crash across all sectors because of "income redistribution". It crashed across all sectors because this was a bank crisis. Banks all of sudden didn't know if they were stuck holding billions in subprime mortgages and would go under. Credit had to virtually shut down to the average borrower because many banks thought they were goners. Our economy is driven by CREDIT and BORROWING, and cheap credit at that. Why do you think they're keeping the interest rates low?
Middle class disposable income has evaporated because MANY are upside down on their houses, having taken out and spent their equity loans. Losing your job and now Obama's high fuel and food prices, driven by the Feds non-stop printing of money further crashes everybody.
So if you're lookin gto pin blame on this, I suggest you start with Democrats and their free homes for all BS and Obama and the Fed printing money to pay for their insane deficit spending.
More time for cheating without that old, going gray "Barbie" whore following you around the country, huh Newt? What a despicable pair.
Maybe the republicans would have had a better shot at defeating Obama if they would have used spent more time on helping fix this country vs making Obama's defeat their number one priority. You reap what you sow!
Republicans do not advocate free markets. The crash was not due to too little regulation, but rather government involvement. Democrats do not advocate free markets.
I think the answer lies somewhere inbetween, though obviously the more freedom the better. And, we all know, that freedom extends only up to where you begin to infringe on others freedoms and rights.
I do not fear a free society.
Excuse me, please. You have everything backwards, upside down, and flipped over end over end.
Republicans advocate the necessity of free markets as if it were life giving oxygen.
The whole mortgate mess and complex derivatives arose as a result of the repeal of Glass-Steagall.
I think you should fear a "free society", most especially one that advocates "complete economic freedom." From the little guy's perspective, there is no difference between a society where government runs the businesses and a society where businesses run the government. In both cases, the power and the money is centralized into the hands of an elite few.
That's the problem with these right-wingers. Instead of saying "I will do everything I can to help this great country get back on its feet, and put the right person in charge", the blowhard's #1 priority is to "defeat Barack Obama." They would still consider it a success even if they elected the second coming of Hitler and sent this country to a fiery hell. Why? Because it is most important that Obama get no credit for anything positive. It MUST be ANYONE else, even if it means going to hell with them. All the right-wingers need to be voted out of office for this view alone.
That's the problem with these asinine right-wingers. Instead of saying "I will do everything I can to help this great country get back on its feet, and put the right person in charge", their #1 priority is to "defeat Barack Obama." They would still consider it a success even if they elected the second coming of Hit-ler and sent this country to a fiery hell. Why? Because it is most important that Obama get no credit for anything positive. It MUST be ANYONE else, even if it means going to hell with them. All the right-wingers need to be voted out of office for this view alone.
This guy needs to fade away into a black hole, like most Republicans he does not have the insight to realize the historical election that proved disaster for America was whenthe ole cowboy idiot stole the election in 2000. Been digging ourselves out of a hole since then.
Went out a political laughing stock . The bag man finally gave in to the countless pleas of his party to dropout. Thanks to Newt we have knowledge of Bain Capital the great business credentials of running american manufacturing into china.Thanks Newt the secret democrat
I am part of the middle class and live in Los Angeles, CA. In fact, I have lived here my entire life of 45 years. My husband and I are working harder and longer hours to earn a living and cannot save anything. WE have two children to support, educate and care for and a mortgage. Our president's current policies or lack thereof are not moving us forward. I have family and friends that are struggling to find work since 2008 and have lost homes. Many businesses have left our state because taxes are so high. WE need policies that will allow businesses to get loans, hire and create jobs. California is an example of what is going in the rest of our country. Believe me, I do understand what is going on because I am living it everyday.
Another Day in the RW Idiot Mines
"Bad businesses get, well, crucified by the EPA."
Bad businesses that pollute our environment SHOULD be "crucified by the EPA." Which is what the guy was talking about. You, on the other hand, obviously support the pro-pollution position.
Obama's EPA political appointee was an environmental zealot that took his job to be to go after oil companies or others not in favor. The example he used was an exampke where ANYBODY was crucified just to strike fear and compliance into the rest. Guilt had nothing to do with it.
How would you like to one of those at random victims of an EPA zealot that could literally kill your business with bankrupting daily fines? Lose of jobs? He doesn't care. It is the zealot's agenda that matters and not whether those out of work employees can feed, cloth and put a roof over their families.
It is EXACTLY this sort of thing, along with government illegally taking over businesses and giving them to others and then completely changing a major business expense (employee healthcare coverage) that drives businesses into a hunker down position. They don't wan tto be the next victim of Obama and his anti-business rhetoric and enforcement.
@Truth – I'll place blame. I blame 8 years of Bush's strings being pulled by the criminals that stayed behind the scenes and called the shots. I'll blame two wars that we had no business getting in to. I'll blame the folks on Wall Street for taking risks with our money and then cashing out and bailing when they saw the roof collapsing. The Banks absolutely knew they were sitting on bad mortgages – so trying to push all of this on to President Obama is not going to work.
If you want to call someone clueless – you should look in the mirror. You are either completely brainwashed, or up to your elbows in being a part of the systems that crashed this country. The "insane deficit spending" you talk about was the billions upon billions we spent invading Iraq, while our "allies" – Pakistan was keeping our real enemy safe. . .
Get a clue. And, by the way – if you think flip-flopping Mitt Romney can defeat President Obama in November, you really are clueless!!
The Real Truth...Nothing wrote:
The economy didn't crash across all sectors because of "income redistribution". It crashed across all sectors because this was a bank crisis. .... Banks all of sudden didn't know if they were stuck holding billions in subprime mortgages and would go under. ....
Excuse me, but the middle class began a free fall collapse and the banks followed. In your own words, banks didn't know if they were stuck holding bad loans, which is what caused their collapse. In other words, the middle class home mortgate collapse was well under way come Sept. 2008.
The home mortgate crisis started in mid-2006, which led to the recession starting in 2007. People had less disposable income. Fewer new cars meant slumping auto sales, fewer vacations on airlines, cruise ships and at casinos. Less disposable income meant lower profits, so many companies raised prices to make up the differences instead of cutting production or staff sizes. They figured it was a short lull because money was flowing so well.
The bank collapse was simply the last straw to break the economy's back. TARP was a firewall, which saved the banks but did nothing for Main Street. The Stimulus helped to keep Main Street from completely eroding into the sea during the storm.
So long and good wriddens!
there's a bright side for Ron Paul. All of Newty's delegates go to him...unless R-Money picks them up too.
I'm kind of disappointed. Newt was an actually tolerable Republican (I'm a Democrat, and I think he's the only Republican opponent worthy of Obama ((I mean, with actual experience and knowledge)) compared to the other GOP Clowns.
Ah well. It'll be R-Money vs Obama, then.
He would have been routed by Obama if he had somehow won the GOP nomination. I know it, you know it. He knows it.
Don't let the door hit you in the hasta la vista.
I think we all know the right does not have a monopoly on ugliness.
No, the right owns the copyrights. They wrote the rules, and then find new and creative ways to break them.
You don't have to look at farther than the comments here on the ticker every day to see fanatical liberals bashing everybody that disagrees with them. Negative commments from your group outnumber conservative at least four to one. Its simple math which I know is difficult for you Democrats.
I do get it wrote:
....I am part of the middle class and live in Los Angeles, CA. In fact, I have lived here my entire life of 45 years. My husband and I are working harder and longer hours to earn a living and cannot save anything. WE have two children to support, educate and care for and a mortgage. Our president's current policies or lack thereof are not moving us forward. I have family and friends that are struggling to find work since 2008 and have lost homes. ....
I see. You point out that the problems existed in 2008. Let me point out that during the last decade conservative tax policies created loopholes that closed over 50,000 manufactturing plants, and permanently cut our manufacturing work force from 19 million to 11 million. That was before the economic collapse of 2008.
Those jobs are gone for good. If you think the President's policies are so ineffective, please explain why the conservatives policies led us up to and over the brink. In fact, most of the President policies to help the economy have been blocked, most especially the biggest ones. So, please explain what changes should be made and *WHY* they would help.
Companies have over $2 trillion sitting in banks now, so how would a tax cut to give them more money help?