January 23rd, 2012
07:40 PM ET
11 years ago
Gingrich releases Freddie Mac contract
New York (CNNMoney) - Newt Gingrich's consulting firm worked for Freddie Mac in 2006 and was paid $25,000 a month, according to a document released Monday. The release came in response to accusations from the presidential candidate's critics charging that he lobbied on behalf of the government-backed mortgage finance firm, which many say is partly to blame for the housing crisis.
The document, made public by the Gingrich Group, the firm Gingrich founded in 2000, covers only 2006. The firm provided consulting services to Freddie Mac for roughly six years in total.
FULL STORY
$25K a month is the "small sum" he was paid. Even if it turns out to all be legal, the fact that he thought $300,000 a year was a "Small sum" is a scandal in itself.
$25,000 per month and compare that to a worker's hourly and they say inequality is a word of envy.
I guess if you only give one years worth, technically you've met whzt you said you would do... then cross your ingers, say a prayer, whistle into the wind and hope no one notices that 5 years are missing.
Historian?????