Ups and downs: Gingrich notes history's lessons
June 22nd, 2011
12:29 PM ET
12 years ago

Ups and downs: Gingrich notes history's lessons

Atlanta (CNN) -Republican presidential candidate Newt Gingrich began his remarks at the Atlanta press club Wednesday with an admonition for the pundits and media already reporting the death of his campaign.

"I want to say one thing about the campaign before I begin," Gingrich said to flashing bulbs and feverishly clacking laptops. "In July of 2007 Hillary Clinton was going to be the Democratic nominee and Rudy Giuliani the Republican (nominee). John McCain was out of money and written off by the press. The fact is campaigns go up and down."

His remarks about the last presidential race were aimed at pre-empting the assembled reporters who were eager to ask him about the missteps plaguing his campaign, including Tuesday's news that his two top finance campaign staff members had quit and the embarrassing disclosure of a second high-dollar credit line he held at the Tiffany's jewelry store.

"I'm not running to talk about the nuances of campaigns" he said, telling members of the media that he would not be answering questions about "campaign process."

Gingrich then focused on the topic at hand – economic policy, reform at the Federal Reserve and the repeal of the Dodd-Frank bill that increased financial regulations in the United States.

Devoting much of his speech to the "big ideas" and "big solutions" he wants to bring to the White House, the former House speaker made only one mention of a current GOP rival (praise for Texas Rep. Ron Paul). But he frequently assailed the man currently occupying the White House.

"We need to replace the food stamp president with a paycheck president" he said of President Barack Obama. "The pain inflicted by the Obama depression runs deep."

His comments coincided with a new initiative and video titled "Who got the money?" on his campaign website demanding an audit of the Federal Reserve.

After his remarks, reporters couldn't resist prodding about the state of his campaign. When asked how he expects to run the massive federal government when he is having trouble doing so with his own staff, Gingrich was quick and careful to refer to his defectors only as "consultants" – painting them as business-as-usual Beltway insiders who do not relate to average people.

"We made a mistake," he said. "We tried to be normal."

Prior to Tuesday's staff defections, sixteen members – including all of Gingrich's paid staff in Iowa – quit en masse June 9th. When asked how many staff members remain on his payroll, spokesman R.C. Hammond said there are "over a dozen" split between Georgia and Virginia. However, Hammond refused to divulge how many staffers the campaign had at its height.

Filed under: 2012 • Newt Gingrich
soundoff (28 Responses)
  1. Rudy NYC

    There's something really odd about this entire campaign that Newt has run. Whatever it is, if and when it comes to light, do not be surprised if it is something really scandalous. Too many people are trying to distance themselves all at the same time. I think there is something funny with the money.

    June 22, 2011 12:42 pm at 12:42 pm |
  2. Just Saying...

    campaigns go up and down...unless it's the Newt's campaign - it just goes down and then down some more...LOL

    June 22, 2011 12:42 pm at 12:42 pm |
  3. sonny chapman

    Yes, and at one time we all believed in the Tooth Fairy.

    June 22, 2011 12:45 pm at 12:45 pm |
  4. roscoe

    Maybe Newt could get his wives to hit the campaign trail and start a grass roots movement for him.

    June 22, 2011 12:51 pm at 12:51 pm |
  5. Limbaugh is a liberal

    Although I do hope he hangs in there. At least he is more entertaining than the rest of the republican field. Yawn!

    June 22, 2011 12:52 pm at 12:52 pm |
  6. Rudy NYC

    "We need to replace the food stamp president with a paycheck president" he said of President Barack Obama. "The pain inflicted by the Obama depression runs deep."
    That.s Newt for ya'. Over the top rhetoric. Did he mention how he was gong to make up for the drop in total US manufacturing jobs over the past decade (from 17 million to 11 million) ? Those jobs have left our shores and are gone for good.

    June 22, 2011 12:57 pm at 12:57 pm |
  7. Tulsa

    Toasty toast.

    June 22, 2011 12:59 pm at 12:59 pm |
  8. Realistic

    Newt calls Pres.Obama a "food stamp" president but Newt forgets that many of the republicans policies of the Bush Admin put more people dependant on food stamps. The republicans deregulations caused environmental problems and the republicans turned a blind eye to 'theft of Americas prosperity" by special interest groups directly tied to republican party. Many Americans were robbed of their life saving due to corruption by a few and the republicans celebrated their accomplishment by trying to move the country to a aristocrat society. If president Obama is a food stamp president is because the republicans destroyed the fiber of the nation and want to eliminate all 'safety nets" for those who need it the most for the "greed of the few".

    June 22, 2011 01:05 pm at 1:05 pm |
  9. Scott in Atlanta

    Where's the "Up" part?

    June 22, 2011 01:07 pm at 1:07 pm |
  10. John

    Just quit and go home you are done. You are a crook and America don't need you.

    June 22, 2011 01:16 pm at 1:16 pm |
  11. Sniffit

    Someone needs to let this fool know that he has officially become irrelevant.

    "The fact is campaigns go up and down."

    The only thing up and down about Newetered is what he does to women who aren't his wife.

    "His comments coincided with a new initiative and video titled "Who got the money?" on his campaign website demanding an audit of the Federal Reserve."

    The only audit I foresee in Newtered's future is the one concerning the manner in which his 503(c)(3) charitable organization did nothing but develop a mailing list of potential supporters, gave it to his campaign without remuneration, bought up his books and DVDs, paid him and others in his organizations approx $220K for "consulting services" and still did not a single charitable act that comports with the stated charitable purpose of the organization....all while claiming the charitable organization tax exemption. Enjoy it,'s likely to be the only thing that keeps the "news" media focused on you once the rest of your staff quits.

    June 22, 2011 01:17 pm at 1:17 pm |
  12. The Clear Thinking Independent Voter

    Sir your campaign isn't just going down – – it's going in - it is imploding !

    You winning would be like married Gary Hart recovering from the pictures of him and is girl-toy Donna on that boat "Monkey Business".

    Your appeal to the Fox news crowd is as the "smart, professorial" candidate that can stand toe-to-toe with President Barack Obama. Unfortunately, you can even organize your campaign, something Obama did a masterful job at in 2008.

    June 22, 2011 01:21 pm at 1:21 pm |
  13. Rudy NYC

    Gingrich then focused on the topic at hand – economic policy, reform at the Federal Reserve and the repeal of the Dodd-Frank bill that increased financial regulations in the United States.
    More people need to understand what the Federal Reserve does and the circumstances leading to its' creation. When polticians tells that "too big to fail" will never occur again, they're not telling the truth. Bailing out the largest banks is exactly why the Federal Reserve was created. It was designed to be the "lender of last resort" during tough economic times, just as the government would be used as the "employer of last resort."

    Any sort of reform Gingrich is talking about cannot change what the Fed does. The Fed was created at a time when currency had no guarantees that it was actualy worth anything. Different states issued their own currencies. Kansas money was no good in Kentucky. That sort of thing. The Fed outlawed state currencies and standardized a single currency nationwide. The system was set up by a very small group of bank owners who represented roughly 1/4 of the GLOBAL net worth, and some US politicians. They set up a system to protect their banks from overextending themselves. They began the process of using tax dollars, in the form of money borrowed from the Fed, to make cash loans instead of directly using the cash the bank had on hand in the form of deposits. This allowed banks to run higher assets to liabilities ratios, in other words operate at a higher risk level. The real trick is that no money actually changes hands, only interest payments are exchanged. Study up on it folks.

    June 22, 2011 01:22 pm at 1:22 pm |
  14. njfinest2009

    geez! another one, he needs to just give up! He will have better luck @ finding wife #4, at least he will have a reason to cheat on #3, she's a gold digger and he's damned near broke stayin with this trick.. All of these boring has been's trying to capture their youth running for president, absolutely terrible.. I know Obama has his flaws but these guys all of them have nothing good to offer the American people but nap time and helping folks with insomnia! BORING!!! Newts problems are as old as he is.. He gotta realize he's gonna lose, someone please snap this idiot out of his denial.

    June 22, 2011 01:23 pm at 1:23 pm |

    Like most egomaniacs, Newt is the last to know that his campaign is over, it was over from the moment he denounced the RyanCare and then took back he comments and insisted that what was reported is not what he said, even though it is on tape. He can't even understand that, the tape, remember Newt. He blames the press for reporting on Exactly what he said. As far as his big ideas, all we have is sound bites, so here's another sound bite, Newt, where's the beef?

    June 22, 2011 01:33 pm at 1:33 pm |
  16. LovesIrony

    Newt, Your campaign is on its deathbed. Your senior staffers have given you their divorce papers. How's if feel ol mighty moral one?

    June 22, 2011 01:37 pm at 1:37 pm |
  17. Boytjie

    "We need to replace the food stamp president with a paycheck president"
    That just comes across so offensively.

    June 22, 2011 01:37 pm at 1:37 pm |
  18. S. In California - Obama 2012

    Please someone stick a fork in this guy and turn out the lights because the party is over.

    June 22, 2011 01:37 pm at 1:37 pm |
  19. Former Republican, now an Independent

    And hopefully this idiots campaign is going down.

    June 22, 2011 01:40 pm at 1:40 pm |
  20. Greg Smith

    And all of those candidates he mentioned lost.

    June 22, 2011 01:41 pm at 1:41 pm |
  21. S.B. Stein E.B. NJ

    The fact that much of his high level campaign staffers left should be a real concern for those supporters of Gingrich. Where will he find those that believe in him and are willing to watch him do really stupid things (go on a vacation while in the midst of a campaign) say things that are worst than sticking his foot in his mouth? It is really going to be surprising if he really get further than New Hampshire or South Carolina.

    June 22, 2011 01:54 pm at 1:54 pm |
  22. Kenny K

    McCain's people did not leave him.

    June 22, 2011 01:54 pm at 1:54 pm |
  23. gt

    this guy must be in denial... its over .. learn from weiner..its over and go away...

    June 22, 2011 02:02 pm at 2:02 pm |
  24. Just saying

    Newt has performed one valuable public service. After seeing how his campaign is ended as it begins leads one to conclude that there is a God.

    June 22, 2011 02:19 pm at 2:19 pm |
  25. J

    Campaigns go up, campaigns go down, campaigns go up, campaigns go can't explain it!

    June 22, 2011 02:27 pm at 2:27 pm |
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