Newt Gingrich and his true relationship with Freddie Mac

Newt Gingrich is not new to media scrutiny but as a GOP Presidential
candidate it is no surprise that all of his skeletons are coming out for display in Newt Gingrich's and Freddie Mac real relationship. Newt Gingrich informed the public and voters that he was on
Freddie Mac’s payroll as a historian, but that still remains to be the big
question. Well the cat is out of the bag, in the eight years Newt Gingrich
has received between $1.6 million and $1.8 million from Freddie Mac. That
is a far cry from the $300,000 he originally informed the public. Both
parties have a different recollection of what exactly Newt Gingrich did for
the mortgage company. The housing collapse has affected us all in some way
or form and all the billions the government has injected back to Freddie
Mac, this is a very serious issue.

As voters Newt Gingrich has to tell us the truth on what he actually did
for Freddie Mac, instead of stalling us with smoke and nonsense. When Newt
Gingrich originally started as a consultant which Freddie Mac calls his
position there, he was receiving $25,000 to $30,000 a month to advise the
mortgage giant. Freddie Mac says Newt Gingrich was a consultant and
Gingrich interjects as being a historian, but one has to wonder what on
earth Mr. Gingrich could say or advise on to earn that much a month. The
amount boggles ones mind. Former Freddie Mac officials familiar with the
work Mr. Gingrich was hired to do state that Gingrich was hired and paid to
bridge the gap between Republicans in Capital Hill and develop an argument
on behalf of the company that would stop conservatives wanting to dismantle
their public private structure. Freddie Mac wanted conservatives support
and believed Mr. Gingrich could assist especially with his background of
being a House speaker. Newt Gingrich is insisting that he was not a
lobbyist for Freddie Mac and denies their version of events. Mr. Gingrich
is also stating he warned the mortgage giant about the housing bubble.
Gingrich defends himself and reiterates he has done no lobbying for Freddie
Mac and objects to their version of events.

There are no documents to show and prove who is telling the truth. What
role did Newt Gingrich have with Freddie Mac? Why was he earning such a fat
paycheck? I am sure there is a confidentiality agreement, so will we ever
know the truth. Mr. Gingrich should know by now that you can’t hide things
from the public. You are a public figure and the media will scrutinize your
every move. Gingrich is fighting to represent the Republican party in the
next general election, the truth is needed to assure voters your
credibility and that you are not hiding something as big as this. If Newt
Gingrich is serious about being the next President, he needs to come clean
now and tell the American people the truth, and he must do it now.