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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (118048)11/21/2011 12:48:11 PM
From: TopCat1 Recommendation  Read Replies (1) | Respond to of 224744
 
Legitimate link please.....



To: Kenneth E. Phillipps who wrote (118048)11/21/2011 1:01:53 PM
From: lorne2 Recommendations  Respond to of 224744
 
Fact Sheet: The Gingrich Group and Freddie Mac
newt.org

Atlanta, GA - ln response to a Bloomberg News story today about Freddie Mac's hiring of the consulting firm, The Gingrich Group, over the course of an eight year period, Newt 2012 released the following fact sheet:



1.Newt Gingrich welcomes scrutiny of his record in public office and as a small businessman. Gingrich believes that properly vetting the potential next president is absolutely necessary in a free society and that a properly vetted nominee for the Republican Party will better be able to defeat President Obama and lead our country in rebuilding the America we love.
2.Gingrich has never lobbied for Freddie Mac, or any client, nor has anyone in any of the organizations he founded after leaving office as part of their work with them. Gingrich made a decision after resigning that he would never be a lobbyist so that nobody would ever question the genuine nature of his advice and perspectives. This prohibition against lobbying was made very clear to all Gingrich Group clients and strict internal protocols were developed to prevent lobbying. Today’s Bloomberg article confirms that Gingrich and his firm did no lobbying for Freddie Mac.
3.Nor did Gingrich, as part of his contract, advocate against pending legislation affecting Freddie Mac, as Gingrich was accused of doing by the moderator at the CNBC debate in Michigan. This, too, was confirmed by the Bloomberg News article this morning.
4.Freddie Mac was a small part of the client and revenue base of The Gingrich Group and Gingrich’s various small businesses. The Gingrich Group offered strategic advice to a wide variety of clients about a wide variety of issues, including IBM, Microsoft, The US Chamber of Commerce and more. Gingrich Group fees were comparable to that of many consulting firms.
5.Gingrich is broadly favorable of the concept of Government Sponsored Enterprises (GSE) but believes the financial crisis shows that Fannie Mae and Freddie Mac should be broken up and their smaller successors be moved off of government guarantees and into the free market.
6.Gingrich also is in favor of efforts to increase home ownership in America but as a conservative believes it has to be within a context of learning how to budget and save in a responsible way, the opposite of the lending practices that led to the financial crisis.



To: Kenneth E. Phillipps who wrote (118048)11/21/2011 9:33:20 PM
From: Paul V.  Respond to of 224744
 
Kenneth, He pushed their agenda with his Republican friends in Congress.


Is a lobbyist paid either for his services, drafting bills for their employer, advising a legislator regarding the best way to sale a bill to legislator? Or, are volunteers, called Advocates who interact with legislator and selling their message lobbyist? IMO, if it looks like a duck, quacks like a duck, walks like a duck then it must be a duck-the same for an lobbyist especially if they are handing out favors or cash.

Personally, I have contributed money to candidates for various organizations (volunteer and association) and raised money for candidates whether we were called lobbyist or advocates. Every organization that I know have advocates or lobbyist at the Federal, State, County, or City levels.

Newt was a lobbyist by his exchange of services, knowledge of legislators and legislative process for money.