Gingrich announced Saturday he would not seek the presidency in 2008.
(CNN)–Former House Speaker Newt Gingrich said it was legislation co-authored by a current candidate in the GOP presidential race, that prevented him from continuing to run his own political action committee, American Solution, and opening a presidential exploratory committee.
"Yesterday morning we learned from our attorneys that under the McCain-Feingold law, it is a criminal penalty if I had retained any communication with American Solutions. I could go to jail," Gingrich said Sunday in an interview with ABC's George Stephanopoulos. "And the idea that you're on the turn of the dime kill this program in order to obey the McCain-Feingold Act which I think is an unconstitutional, frankly destructive bill, was crazy. And I just said if we have to choose, then it's irresponsible to not finish building up American Solutions."
Gingrich was referring to the 2002 piece of legislation authored by Sen. John McCain, R-Arizona, a current candidate for the GOP presidential nomination, and Sen. Russell Feingold, D-Wisconsin, that regulates the financing of political campaigns.
Gingrich said his party does face a tough road in its quest to re-capture the White House. "I think the odds are 80 per cent that Sen. Clinton is the next president; I think she is almost certainly going to win the Democratic nomination," he said of Sen. Hillary Clinton, D-New York. "And I think unless the Republicans can find a way to represent real change for the current situation in Washington, unless they can convince the American people they represent fundamental change, I think they'll have a very hard time."
On the current field of GOP candidates, Mr. Gingrich said he found them all to be "hardworking, smart people." He said he would hold off on endorsing any particular candidate until after the Republican National Convention next summer in Minneapolis.
- CNN Political Desk Editor Jamie Crawford
It's a stratagem.
The GOP says Sen. Clinton will win. So everybody says so. So she becomes the nominee. Then they slam her on Hillarycare 2.0 and other things they keep in the drawer right now. Then a Republican wins the White House (with a little help from Diebold etc.).
The only way to avoid it is to do something very unusual. I know what i would do, but i can't tell here or it won't work. Expect a surprise...
Years ago, I was a loyal Limbaugh fan, but soon came to realize that he no longer is an objective host of a radio program. Instead he has become an instigator of division in this country.
Hearing and seeing all this from another part of the world I am amazed how a lot of Americans still think they live in a country leading the future.
For me, a pro American, it is sad to see the American image going "down the drain" with a government like the present Bush administration. This administration has done a very thorough job in destroying the American, as well as the world economy. Last but not least provoked anti American feelings all over the world. The only hope for America is to get Hillary Clinton as the next president. The world outside the US is getting sick of the hypocrisy and the seemingly non-excisting knowledge how to lead the world into a better future.
Bill Clinton turned the economy to the best America had had in centuries. Hillary will do the same, to the benefit for all Americans and the whole world. Hillary will, as one person wrote before, clean up the mess the present administration has created. She will turn the anti American feelings in the world to pro American feelings. The US should be the example for all countries to follow, as it once was.
Why allow Bhutto to remain in Pakistan? Why not immediately deport her upon her return? Does or does not stability in Pakistan remain a top concern of the current regime? The assassination did not promote stability. I read this as: LAST WILL AND TESTAMENT : "In the event of my death, I reserve the right to assign blame on behalf of my supporters."