Saturday, November 19, 2011
Newt the Con Artist
At first, Newt said the report proves his insider Washington credentials which makes him the ultimate Washington outsider. That was a good effort that appeals to both Tea Partyiers and professional politicians.
Yesterday, Newt topped himself. To counter claims that Newt was responsible for the collapse of the mortgage market Newt is insisting he didn't do anything for the money. Newt says he only devoted an hour a month to Freddie Mac (meaning he was billing at $30,000 per hour) and that most of that time was spend just listening to his clients jabber. Freddie Mac could have gotten the same service by hiring a particularly attentive dog.
This will certainly strengthen Newt's polling surge. Republicans love a man who sticks it to fat cat bureaucrats. By boldly stealing money from Freddie Mac, Newt can position himself as the Robin Hood of modern politics. Except Newt doesn't take from the rich and give to the poor because that is socialism, Newt takes from evil government and buys expensive jewelry with it.