The Obama Record Continues

Moot

Veteran Expediter
Owner/Operator
What business ventures? I mean I have not read about anything but think tanks and consulting firms, where's the manufacturing plant or the fast food places he owns?


" After leaving Congress in 1999, Gingrich started a number of for-profit companies:[97] Between 2001 and 2010, the companies he and his wife owned in full or part had revenues of almost $100 million.[98]"
Newt Gingrich - Wikipedia, the free encyclopedia

So, Gingrich has started a "number" of for-profit companies. What exactly is the number; 1, 10, 17? Do any of these for-profit companies have names. Do these companies have any direct government contracts or ties to military suppliers? Does the Newt still own these companies or have they been sold with Gingrich staying on as a paid adviser or board member. Wikipedia seems to be a bit vague on this. Can you elaborate?

I believe the Newt is slicker than his former archenemy and twice as slimy. My wife and I have always referred to him as Sluggo.
 

greg334

Veteran Expediter
Another vague assertion - what things?? - be specific. That statement doesn't offer us a single substantiated fact.

You want me to research the facts behind policy and house rules?

Get real.

The fact that he was in the speaker's seat when we started to spend like fools is the only fact you need to know. The problem is that many here and other places who think conservatism is the end all of political movements deny that their "leaders" and the stars of the movement are nothing more than part of the problem.

If you want to know one thing that really gets me is the banking accounting rules that congress changed while Newtly was sitting in the speaker's chair, these rules were about how banks accounted for assets that were and still are considered high risk assets. This didn't come from the 104th congress but the 105th and the banking committee, which was under republican control, were the ones who pushed for these rule changes. Pretty much this allowed Clinton to push for the housing expansion which led to this bubble. If you want proof, there is plenty of it when you see what led the banks into the the trouble they are still in.

BUT to add to this, the oversight of things like Freddie and Fannie (among a lot of other departments) were starting to go away and more and more regulations were being written by the departments without congressional oversight. THE EPA is one place where you can find a lot of evidence, look at the regulations that came out of there and the congressional response to those regulations, especially the republican response.

That tells us that Newt's policies shouldn't have been changed. What policies? What changes?

Ever speaker has changed the policies and rules on how the house conducts business. Pelosi introduced rules that limited debate, Gingrich introduced changes in how committees run their affairs and what is heard by the committees.

Nope, they're not idiots - they're just people that live in a world of theory instead of reality and consequently have no real world experience to combine with their education. Sometimes they try to venture out of their bubble for the first time and get flattened by reality - sort of like the current resident of the White House. Gingrich is not an idiot, and the name-calling suggests the lack of a substantive argument.

Nope they're idiots. Doesn't matter if they live in the world of theory or some other reality plane, many of them understand what the real world is, have a lot of real world experience and speak of the same things they believe in. I listened to one of Clinton's department heads the other day, he spoke like he was the Unibomber and guess where he was working - Harvard.

Gingrich is an idiot, and thinking more like he is also a fool for even considering running in the election.

As I survey the authors in my library (while enjoying a snifter of Cognac Tesseron #29):rolleyes: I realize he's not among my collection either. So what? Fact is, he's authored a lot of books and sold a lot of books written on topics of substance.

The thing is I don't see his books anywhere. I do think I saw it at Hillsdale when I was there a few weeks ago but that's it. When people speak of how great an author he is with so many books to his credit, it doesn't mean a thing unless they are being sold. I can tell you a funny thing, I have some Kerns-Goodwin books on the shelf from long ago and thought that they would not be on the shelf at the book store but I saw those same books that I have there, so that tells me that if the books were good, they would still being sold.

" After leaving Congress in 1999, Gingrich started a number of for-profit companies:[97] Between 2001 and 2010, the companies he and his wife owned in full or part had revenues of almost $100 million.[98]"
Newt Gingrich - Wikipedia, the free encyclopedia

Really need to depend on wiki there?

I have to ask how can a representative make that kind of money?

More important question is how can we trust another washington elite?

Isn't this like Pelosi?

Not hardly - they're just in the narrowing down process. I agree that Cain shouldn't quit just because some psycho-bimbo comes out of the woodwork at the behest of some political underworld figure that's probably slipping her a suitcase full of small denomination unmarked bills. If Cain drops out the credible candidates remaining are Romney and Gingrich - that's all. Perry flamed out early, and the others were never in the race to begin with.

Regardless, the republicans have lost the election unless Obama does something stupid. It's still pathetic when it is looked at from the outside and the hoopla of conservatism is removed.
 

Pilgrim

Veteran Expediter
Retired Expediter
So, Gingrich has started a "number" of for-profit companies. What exactly is the number; 1, 10, 17? Do any of these for-profit companies have names. Do these companies have any direct government contracts or ties to military suppliers? Does the Newt still own these companies or have they been sold with Gingrich staying on as a paid adviser or board member. Wikipedia seems to be a bit vague on this. Can you elaborate?

I believe the Newt is slicker than his former archenemy and twice as slimy. My wife and I have always referred to him as Sluggo.
I agree - he's a slick politician, and usually they're the ones that get things done. Jimmy Carter was NOT a slick politician, and we remember how effective he was.

Regarding the Gingrich companies:
Newt Gingrich, Small-Business Owner - NYTimes.com
 

RLENT

Veteran Expediter
Based on Muttly asking "What's a neon con?" I would have to guess that he didn't know.
Based on the manner in which he asked it, I would have to guess that he thinks he knows what a neo-con is, but that his understanding of the definition is largely focused on the "neo" in trying to apply the label solely to those who originally started the movement (meaning that in order to qualify, you had to have been a liberal before you were conservative) ..... in an effort to divorce himself from it.

Such is the rather sorry state of affairs and knowledge (and logic and reasoning) at present, with regard to modern conservatism in America today - most self-described "conservatives" in America today believe that they are "conservative" ... and that "neo-conservative" is just some derogatory label dreamed up by the left to disparage "conservatives".

That's not where the term comes from - it comes from one of the originators of the philosophy itself - who proudly claimed it.

To give you a real-world example of sorry state I mentioned above, I was talking to a friend the other day - a very "conservative" fellow indeed - one that would just as soon spit on Obama and a liberal as look at them. I mentioned neo-cons and neo-conservatism and how it differed philosophically from Old Right conservatism.

His response ?

Utter surprise and astonishment: "I've never heard of that ...."

Many (if not most) in America today, who self-describe as "conservative" are probably neo-cons ..... even if they are so utterly uninformed as to not even know what it is, or what they actually are .....

So if/when you answer that question please be specific on why you think he is a neocon.
Simple .... he apparently believes in, and certainly follows that philosophy .... when you follow and adhere to the principles/philosophy, you are one .... de facto ....

If you embrace, adhere to, and follow the philosophy of Communism, it doesn't follow that you're somehow not a Commie .... just because your name is something other than Karl Marx or Friedrich Engels ......
 

RLENT

Veteran Expediter
I believe the Newt is slicker than his former archenemy and twice as slimy. My wife and I have always referred to him as Sluggo.
Apparently the "sparkle" has worn off for at least some of us ... ;)
 

Pilgrim

Veteran Expediter
Retired Expediter
You want me to research the facts behind policy and house rules?
Get real.
No, just support your assertions.
The fact that he was in the speaker's seat when we started to spend like fools is the only fact you need to know.
The fact is the balanced budget act that he collaborated with Clinton to pass. This led to the Clinton budget surpluses everyone remembers.
If you want to know one thing that really gets me is the banking accounting rules that congress changed while Newtly was sitting in the speaker's chair, these rules were about how banks accounted for assets that were and still are considered high risk assets. This didn't come from the 104th congress but the 105th and the banking committee, which was under republican control, were the ones who pushed for these rule changes. Pretty much this allowed Clinton to push for the housing expansion which led to this bubble. If you want proof, there is plenty of it when you see what led the banks into the the trouble they are still in.
Correct, but it was the repeal of the Glass-Stegall Act that started that ball rolling downhill and you can't hang that around Gingrich's neck. That distinction belongs to Phil Gramm who introduced the repeal motion and it had strong bipartisan support. After that, it was the Clinton administration that pushed for "fair and affordable housing" and loans to anyone who could fog a mirror.
Gingrich is an idiot, and thinking more like he is also a fool for even considering running in the election.
Right now it looks like that opinion is in the distinct minority - time will tell.
Regardless, the republicans have lost the election unless Obama does something stupid. It's still pathetic when it is looked at from the outside and the hoopla of conservatism is removed.
I put a post in another thread on this subject. Summary - all the facts at this point in time indicate Obama will lose big unless the GOP does something stupid. Nothing but the bias of the MSM indicates BHO would have even a scant chance of winning re-election.
 

AMonger

Veteran Expediter
No, just support your assertions.

The fact is the balanced budget act that he collaborated with Clinton to pass. This led to the Clinton budget surpluses everyone remembers.
.

I thought we had gone over this a few weeks ago. There were no Clinton surpluses. They were frauds. The national debt increased during the years of the phony surplus. When you have a surplus, the debt decreases. No decrease? No surplus. It was bookkeeping trickery.

--

You know the problem with bad cops? They make the other 5% look bad.
 

AMonger

Veteran Expediter
. Summary - all the facts at this point in time indicate Obama will lose big unless the GOP does something stupid. Nothing but the bias of the MSM indicates BHO would have even a scant chance of winning re-election.


I wish you were right. Unfortunately, it looks like the tipping point has been reached--the tipping point at which the leeches can outvote the producers. At least, combined with Obama's safe slam-dunk guaranteed voting blocks, they do. It was either Paul Craig Roberts or Walter Williams who wrote about how the numbers stack up, and it was posted here a few weeks ago. Now, I know, you'd have to be either profoundly stupid or trying to destroy America to vote for him, but his constituency contains some of both. Barring something momentous, anyone the GOP puts up against him will lose, regardless of any current poll. I think Ron Paul might be able to beat him, but he's not going to be the nominee.

America as we know it is through.
--

You know the problem with bad cops? They make the other 5% look bad.
 

davekc

Senior Moderator
Staff member
Fleet Owner
But what would be the point - to see which one of these vain, self-absorbed, disingenious, immoral pols could flip-flop the most ..... thereby suckering in the most number of sheeple by telling them what they want to hear ?

I think any election would include that. I would view it as a evening of cheap but good entertainment.
 

greg334

Veteran Expediter
The fact is the balanced budget act that he collaborated with Clinton to pass. This led to the Clinton budget surpluses everyone remembers.

He collaborated with the democrats and a lot of the things they wanted passed got passed. Reaching across the isle a bit too much.

That wasn't a budget surplus, it was a projection and the projection was eaten up in a few months by the additional spending that took place.

Correct, but it was the repeal of the Glass-Stegall Act that started that ball rolling downhill and you can't hang that around Gingrich's neck. That distinction belongs to Phil Gramm who introduced the repeal motion and it had strong bipartisan support. After that, it was the Clinton administration that pushed for "fair and affordable housing" and loans to anyone who could fog a mirror.

Not really what I'm talking about.

If you know the financial stuff, you know that accepting Basil accords were the start of all of this. The G-S act had to do with the rediscounting of the finances but not how the assets were accounted nor how they are used with tier 1 capital requirements. See the issue is not the act, it is the regulations from the banking committee's oversight which were relaxed the congress during the 105th. Sarbanes-Oxley is one such act that came out because of the lack of oversight in the financial committees - Enron anyone?

Right now it looks like that opinion is in the distinct minority - time will tell.

Nope not at all unless I want to consider myself a republican or a conservative.

I put a post in another thread on this subject. Summary - all the facts at this point in time indicate Obama will lose big unless the GOP does something stupid. Nothing but the bias of the MSM indicates BHO would have even a scant chance of winning re-election.

See I think this is wishful thinking, not because Obama doesn't deserve to win but because the republican party is just as bad as the democrat party and no one will make much of a difference, I will post why in the other thread.
 
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