Wow, that’s enough to, say, pay off a $500,000 credit from Tiffany’s.
Gingrich suggested during the debate the other day that he was paid to tell Freddie that they should stop doing what they were doing. Over a period of several years, it turns out.
That would be like hiring a housekeeper to come by each week and dump a jar of pan grease on the floor.
So I guess it went like this:
Gingrich: Hey, guys, your business model is all wrong!
Freddie Mac: Geez, thanks Newt. Here’s $25,000. Come back next month.
Gingrich: Hey guys, your business model is all wrong!
Freddie Mac: Oh my gosh! Thanks Newt. Here’s $25,000.
According to the Associated Press, his payments were for something more traditional.
Four people close to Freddie Mac say he was hired to strategize with his employer about identifying political friends on Capitol Hill who would help the company through a very difficult legislative environment. All four people spoke on condition of anonymity to be able to discuss the personnel matter freely.
Freddie Mac executives hoped that would speak positively about the company and its business model as he circulated among conservative groups and help to build intellectual support within his party.
I’m moving to Canada now. Does anyone want to come with me?