Free Republic

America this October is like a patient who has barely avoided a massive heart attack. We have no strategy for recovery, no strategy for economic growth, and no strategy for holding accountable those who have created this mess. We're also far from out of danger. If we do not create an economic recovery program, we will be facing another bailout next year. To put it another way: We can mop up water all we want but if we don't fix the leak we will simply have to keep mopping. Similarly, we can pass a bailout, but if we don't fix...

Gingrich Denies Whipping Against Bailout September 30, 2008 4:00 PM ABC News' Teddy Davis, Arnab Datta, and Rigel Anderson Report: Former House Speaker Newt Gingrich said Tuesday that he did not personally urge members of Congress to vote against Monday's failed Wall Street bailout bill, disputing a report made earlier in the day on MSNBC by correspondent Andrea Mitchell. "MSNBC is just wrong," said Gingrich. "And it is probably wrong deliberately. It is a stunningly dishonest network." "I believe that if they would simply look at what I released yesterday, if they look at what I said on 'This Week'...

Newt Gingrich has gone on the record with a solution to the crisis that is the best I have seen so far. Rather than pass a $700 billion bailout, suspend the accounting rules that are causing the liquidity crisis to begin with. In the past few years, accounting rules changed and these changes are in part causing the current crisis. Specifically, the problem is mark-to-market accounting where all assets are required to be valued at current market prices. If the market is temporarily depressed, it can cause an artificial crisis. Let me give a silly but simple illustration. If you...

Last night Newt stated on Greta that the CEO of Goldman Sachs was the only private company represented at a meeting concerning bailout of AIG with Tres. Sec Paulson (former CEO of Goldman Sachs) and that Goldman Sachs had exposure of 20 billion dollars with AIG.The Newt stated Bush should fire Paulson. That this was a huge conflict of interest.Anyone hear more about this?

1)Newt, please post tonights interview with the Greta V. on YouTube. America needs to hear it ASAP! 2) Suspend mark to market now! 3) Paulson must resign tomorrow. 4)Can any Freeper's fill me in on the meeting Paulson had reagrding saving AIG knowing Goldman Sachs had 20 billion dollar stake in it? Is this true?

Gingrich's four-point plan includes: (1) suspending immediately mark to market provisions (the accounting practice of valuing a financial position in an investment at its current market price) in the hopes of stopping the downward spiral in asset values and eventually replacing it with a three year rolling average; (2) repealing immediately Sarbanes-Oxley, the 2002 accounting law Gingrich described as "an enormous drag on small business"; (3) setting the capital gains tax rate at zero "matching the Chinese and Singapore" (to encourage private capital to flood into the market picking up properties without the taxpayers being at risk); and (4) passing...

Former House Speaker Newt Gingrich (R-Ga.) said the Wall Street bailout plan pushed by President Bush signaled the “final collapse” of the current administration. “The Bush administration has now provided three case studies in arrogance, isolation and destructiveness: Michael Brown during Hurricane Katrina, Ambassador Jerry Bremer in Baghdad and Secretary [Henry] Paulson at Treasury,” Gingrich said. “It is a tragic and very expensive legacy. No conservative and no Republican should doubt how much it has hurt our cause and our party.” The former Speaker reiterated his call for the resignation of Treasury Secretary Henry Paulson. “As long as Secretary Paulson...

Did anybody just hear that? I do believe we are going to crash no matter what, Newt said many folks (with real money) believe so and Glenn Beck echoed his comments.

Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening. We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer. We are being warned that this $700 billion bailout is the only answer to a crisis. We are being reassured that we can trust Secretary Paulson "because he knows what he is doing". Congress had better ask a lot of questions before it shifts this much burden to the taxpayer and shifts this much power to a Washington bureaucracy....

You must watch this 10 minute 55 second video Former House Speaker Newt Gingrich's Financial Take on the $700B bailout from On the Record with Greta Van Susteren.

Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening. We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer. We are being warned that this $700 billion bailout is the only answer to a crisis. We are being reassured that we can trust Secretary Paulson "because he knows what he is doing". Congress had better ask a lot of questions before it shifts this much burden to the taxpayer and shifts this much power to a Washington bureaucracy....

Good post on NRO from Newt: "Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening."

Educating the Media Elites on American history. Video at link

Thirty years of Republican tax policy have now completely eliminated federal income taxes on the poor and lower middle-income Americans, and almost eliminated them on middle America. The latest data from the Congressional Budget Office and the Internal Revenue Service show that the lowest 40 percent of income earners as a group actually receive net payments from the federal income tax system. (They get 3.8 percent of total federal income tax revenues instead of paying any income taxes.) The middle 20 percent of income earners pay 4.4 percent of federal income taxes. Thus the bottom 60 percent of income earners...

This was the happiest convention I have attended. In seven conventions going back to 1984, I have never seen delegates as happy. I have seen them eager, energized, committed, determined but the underlying mood last night was sheer joy. There was joy that Senator McCain had had the courage to pick Governor Palin. There was joy that she and her family had come through the week of attacks smiling and eager to campaign. There was joy that Governor Palin's Wednesday night speech completely vindicated Senator McCain's choice. There was joy that 37 million Americans had seen her speech. That is...

This is a three minute clip from last night's convention. If you don't have three minutes, just watch the last minute. It's priceless.

Gingrich "bitch-Slaps" MSNBC's Allen Over Palin An MSNBC Reporter tonight learned a very important lesson about political Journalism, you don't mess with Gingrich. Fresh from the evenings activities Gingrich was approached on the convention floor by MSNBC's Ron Allen who said to the former Speaker, "But to be fair, her resume is not something we're familiar seeing with presidential candidates." This didn't sit well with Gingrich who strongly replied (video embedded above): It's stronger than Barack Obama's. I don't know why you guys walk around saying this baloney. She has a stronger resume than Obama. She's been a real mayor,...

Former congressman Newt Gingrich attends the second session of the 2008 Republican National Convention in St. Paul, Minnesota September 2, 2008. REUTERS/Robert Galbraith (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008 (USA)

Newt just broke out a brand new, king-sized, can of industrial-strenght whup-ass on completely speechless MSNBC reporter. The reporter challenged Newt on Palin's experience. Newt blew, asked him when the MSM was going to give up spouting that baloney and then went through the most concise, most compelling litany of why she is eminently more qualified than Barack Obama. At the end he challenged the reporter to name ANYTHING that Obama has done that compares with her actual experience and the reporter demonstrated the ultimate deer in the headlights look. It would be so nice to have a clip of...

Wow.... Newt just offered the most eloquent example of what's at stake... He stated that Palin is the most dangerous person to the left since Clarence Thomas... In her defense, he compared the MSM's obsession of Palin's husband's DWI to Obama's cocaine use... He clearly said, if the media wants to, they can discuss the Ayers connection... They also discussed 3 NYTimes front page exposes...

It's ironic that when former aides or colleagues of prominent Democrats opine on the presidential race, for example Donna Brazile, who appears both on ABC and CNN and ran Al Gore's 2000 campaign, they are never asked to do a mea culpa about potential bias or conflicts. They just comment away on Democrats, Republicans, issues or whatever they like. That's fine, because for once I'm not going to try to explain my objectivity when it comes to a man I spent many years working with and have known since 1979. I've praised him and occasionally pushed him around a little...

COMMENTARY: Sen. Jeff Bingaman, Rep. Nick Rahall, House Speaker Nancy Pelosi and other members of Congress who oppose producing more American oil are in a bind. They know voters are hurting from high gas prices and overwhelmingly want the government to allow more American oil production. But they can't side with the American people and risk upsetting their left-wing base. So they needed a way to make us think they support more drilling - while effectively preventing us from ever drilling a single new well. They think they've found a solution: a proposed "use it or lose it" law on...

Win Free Gas for a Year� From: Dave Ryan, American Solutions (info@americansolutions.com) Sent: Wed 8/13/08 8:49 PM To: Dear xxxxx,Congress is failing to adopt a long-term American energy plan, and it's standing in the way of developing more American energy now. Politics is once again trumping common sense in Washington.Since Congress is not doing its job, American Solutions would like to offer one lucky American a break - free gasoline for an entire year!Today, we are launching a video contest called "Drill Here, Drill Now, Pay Nothing." We call it "Pay Nothing" because that is exactly what the winner...

When House Speaker Pelosi abruptly and literally turned off the lights in Congress on August 1st and sent the members on a five-week vacation, she thought she was doing something clever. C-SPAN can only broadcast Congress while Congress is in session. If there was no session, there would be no cameras to cover the debate over providing relief to American families from historically high gas prices. If there were no C-SPAN, Americans would never get to see the Speaker and the anti-energy left's stubborn refusal to lift the ban on offshore drilling, refusal to lift the ban on drilling in...

Newt Gingrich speaks on the House Floor! Republicans are not just standing strong, they are growing in number and strength. Also, the story of HOW this ALL BEGAN and the media outlets who BROKE the news, and LEAD THE CHARGE!

We have the left rattled and on the run. For proof, consider three developments from late last week. But first, I want to make a special announcement. Many of you are probably following the story of how House Republicans are staging a protest in the House Chamber, demanding that Nancy Pelosi call the House back into session in order to vote on The American Energy Act, an "all of the above" energy strategy that includes more drilling, funding for scientific breakthroughs, as well as common-sense conservation efforts. (More info on that story below.) Tomorrow at 10am, I will meet with...

My sentiments exactly, as I’ve made clear more than once before. We already knew who his top pick was; his second choice will come as no surprise, given his reasoning. Who he means by “boring, normal, mainstream Republican white guys� is left unsaid, but I think we’re all on the same page.

I have two grandchildren, ages 5 and 7. If you're a parent or grandparent yourself, I challenge you not to think about a child you love when you read what I'm about to tell you. I challenge you not to share my disgust with the barbarians who use the blood of innocents to further their political agendas. And I challenge you not to share my contempt for the bureaucrats who think they can appease them. For the governments that think their actions don't have consequences. For the politicians who think that something - anything - good can come from allowing...

Newt Gingrich gave an excellent speech at the First Baptist Church in Atlanta, entitled "Rediscovering God in America". It can be viewed here: http://www.intouch.org/site/c.dhKHIXPKIuE/b.2287421/k.944D/This_Week_on_TV.htm

I suggest that John McCain pick Newt Gingrich for Vice President and that he announces that Newt will be in charge of US Energy Independence and Drill Now push. This would be a very clear signal and statement to the electorate that McCain means business with respect to getting American Solutions (Newt's organization) into the mainstream of American government.

This week I want to do something a little different. Although my Winning the Future message has always been directed at all Americans, whether they consider themselves Republicans, Democrats, or independents, today I am directing my message specifically to Democrats. And my message is this:The American people have spoken. Are your leaders listening?Over 1.1 Million Americans Call on Congress to "Drill Here, Drill Now" We really had no idea, just 35 days ago when we first posted the "Drill Here, Drill Now, Pay Less" petition here, that we would provide the spark that has ignited a fire among frustrated, struggling...

Here's how not only John McCain, but the GOP can win the White House and Congress in November...

Former House Speaker Newt Gingrich said Louisiana Gov. Bobby Jindal is “far and away the best candidate” for John McCain’s running mate on the Republican ticket. Appearing on CBS’s “Face the Nation” on Sunday, Gingrich said former congressman Jindal has been a “spectacular” governor and predicted he would be a presidential candidate in the future. Asked if Jindal, 37, would be ready to take over the presidency if he had to replace McCain, Gingrich said Jindal’s “experience in the executive branch and in the legislative branch is greater than” that of Democratic presidential candidate Barack Obama. Gingrich opined: “It strikes...

Newt Gingrich was on Face the Nation yesterday, where he discussed the general election. Newt contends that McCain and the Republicans will not win if they run on an anti-Obama message. What I found more interesting, though, is when he spoke about the recent Supreme Court decision conferring Constitutional rights on detainees, saying it may "cost us a city..."

OMAHA, Neb. - Former U.S. House Speaker Newt Gingrich on Wednesday outlined his strategy to combat rising health care costs - a plan of attack that includes insurance mandates for people who earn more than $75,000 a year. Gingrich called it "fundamentally immoral" for a person who can afford insurance to save money by going without, then show up at an emergency room and demand free care. He said those who can afford insurance and choose not to buy it should be required to post bonds to pay for care they may someday need. Motivating people to watch their health...

Our energy and environment challenges are real. But America has the technological know-how and the entrepreneurial spirit to overcome them. And, as I pointed out last week, Americans overwhelmingly support more domestic production of energy to help ease gas prices.

WOODSIDE, Calif. -- Here, he's from another planet. Here in Silicon Valley, David Kralik is, let's face it, some strange import. That's why he's attracting such buzz one recent afternoon inside Buck's, the legendary eatery, while lunching on a pulled-pork sandwich. -snip- Yep, that's Kralik. A lifelong Republican in the land of liberal Democrats. Who relocated from uptight, Brooks Brothers Washington. And works for Newt Gingrich. Then after giving an abbreviated history of Buck's (Hotmail, Netscape, PayPal, et al., scribbled their first business plans here; Oracle co-founder Larry Ellison and Al Gore stop by sometimes), MacNiven goes for the kill:...

Former Speaker Newt Gingrich’s petition to Congress demanding the removal of government obstacles to increasing our energy supplies is gathering momentum by the minute, while the Democrats’ do-nothing Congress wants to raise fuel prices. Actually, labeling Congress a bunch of “do-nothings” is almost right, but not quite. They’re doing their best to create more obstacles to growing our energy supply. And while the price of energy is already unreasonably high, they’re working hard on a liberal agenda that will raise the prices consumers pay for gasoline, diesel fuel, natural gas and home heating oil. With the summer upon us (and...

Drill Here. Drill Now. Pay Less

. . . Democrats will control Congress. If they also control the White House, we will have a series of legislative packages that will make the Great Society look like a libertarian government. . . . The country is in trouble. We have forgotten our founding principles, and we move inexorably toward a European style socialist state, with the only winners being an enormous bureaucracy. This will accelerate the economic decline. The argument is to give the Democrats their head, and pick up the pieces after the inevitable crash. I think that overlooks the resilience of tax and tax, spend...

While Newt Gingrich is correct in warning that Republicans in Congress face formidable odds in November, his proposed nine-point "action plan" does not measure up as a solution to the crisis. Some of Newt's assumptions are undeniably sound, such as the folly of hitching congressional campaigns to McCain’s non-existent coattails. And it is true that the Republican Party's crisis is the result of "catastrophic collapse of trust in Republicans." What are missing from Newt's plan are policy measures that match his apocalyptic rhetoric. Of Newt's nine proposals, only a few attack major problems. Yes, declaring English our official language would...

by Richard Lawrence Poe Saturday, May 17, 2008 ArchivesPermanent Link HILLARY CAN still win the Democratic nomination, provided the superdelegates vote for her. I think they will. Over 60 percent are men, and men cannot resist Hillary. Granted, Hillary is no spring chicken. Her fleshly allure has diminished over time. But Hillary has other ways of bending men to her will. Consider her effect upon journalist David Brock. A ruthless political dirt-digger for the right, Brock nearly toppled the Clinton White House. His Troopergate story in the American Spectator triggered the Paula Jones lawsuit, leading to Bill Clinton's impeachment....

Wonder why the Republicans seem dead and dispirited? Why not look at Kemp and Gingrich? Fox puffs these two as authorative Republican voices. Jack Kemp had 17 years in the House but he quit 20 years ago. He seemed to run for VP and finally Dole decided (1996)he should have this chance. Both were easily defeated by a younger and more personable man. What Kemp has to offer is allegedly some supply side economics. Actually, if you listen to him he has a series of platitudes that would place him left of center in the Republican Pary. Besides being dull,...

The starting point of any discussion of America's energy future has to be this: Shortsighted politicians have created the current energy crisis. For decades left-leaning politicians have advocated higher prices and less energy. They were going to save the environment by punishing Americans into driving less and driving smaller cars. Now their policies have succeeded with a vengeance. The very left wing politicians who favored a policy of no oil and gas exploration, no use of coal, no development of nuclear power, and no aggressive development of new technologies are now panic-stricken that their policies of higher prices have led...

A television ad in which the speaker of the House, Nancy Pelosi, and a former speaker, Newt Gingrich, warn about the dangers of climate change may violate federal election law. The spot, which shows Ms. Pelosi and Mr. Gingrich seated on a couch in front of the Capitol, is being questioned because the California Democrat faces a primary election June 3 in her San Francisco district. “It’s prohibited,” a Republican campaign finance lawyer, Jan Baran, said. He said the ad constitutes a “coordinated” expenditure on behalf of Ms. Pelosi’s campaign by the group sponsoring the ad, the Alliance for Climate...

The Club for Growth Political Action Committee has long been attacked for intervening in Republican primaries and targeting the party's most economically liberal incumbents. In 2000, Pennsylvania Rep. Jim Greenwood called the Club "cannibals." When the Club ran ads against Ohio Sen. George Voinovich and Maine Sen. Olympia Snowe for resisting President Bush's 2003 tax cut, Karl Rove deemed the ads "counterproductive." And Newt Gingrich, the man who ushered in a conservative Republican majority in 1994, once denounced the Club. "Their strategy is explicitly wrong," he said. "The key is to elect more Republicans and have a bigger majority and...

Former House Speaker Newt Gingrich (R-Ga.) is calling on Republicans to seek "real change to avoid a real disaster" in the wake of another Democratic victory in a special election on Saturday. In a letter to House Republicans posted on www.newt.org, Gingrich urges House leaders to call an “emergency meeting” of House Republicans to address what he describes as a “catastrophic collapse of trust in Republicans.” “If a majority of the House Republicans vote for real change, they should instruct Republican Leader John Boehner [Ohio] and his team to come back with a new plan by the Wednesday before the...

The Republican loss in the special election for Louisiana's Sixth Congressional District last Saturday should be a sharp wake up call for Republicans: Either Congressional Republicans are going to chart a bold course of real change or they are going to suffer decisive losses this November. The facts are clear and compelling. Saturday's loss was in a district that President Bush carried by 19 percentage points in 2004 and that the Republicans have held since 1975. This defeat follows on the loss of Speaker Hastert's seat in Illinois. That seat had been held by a Republican for 76 years with...

On Tuesday morning, following Rev Jeremiah Wright's incendiary National Press Club appearance, former House Speaker Newt Gingrich said on ABC's Good Morning America that Rev.Wright "went out of his way to weaken Obama...I think Reverend Wright has a greater interest in his self-importance". Indeed Rev Wright is deliberately damaging Barack Obama-but for a more cynical reason than ego preservation. For sure, Rev. Wright's supersized ego has boxed out Obama's ambition. But ego preservation pales when compared to Rev. Wright's real purpose -- keeping the pledge payments flowing and collection plates full. Wright's root agenda, in perfect alignment with the far...

Last week, NewsBusters reported the peculiar occurrence of former Speaker of the House Newt Gingrich appearing alongside current Speaker Nancy Pelosi in a global warming ad funded by Nobel Laureate Al Gore's Alliance for Climate Protection. Included in this piece was an explanation the former Speaker offered at his website regarding this matter which sparked largely uncomplimentary reactions in the rightosphere as well as from conservative talk show host Rush Limbaugh. Two days later, Gingrich appeared on Fox News's "O'Reilly Factor," and answered Rush (video embedded right): I disagree fundamentally with Rush on this question because I believe we have...