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Monday, December 09, 2019

Anti-Debt Crusader Gingrich Owes Over $1 Million In Campaign Debt

Newt Gingrich’s campaign is in trouble again. FEC disclosure forms released today and obtained by the AP reveal that it has a debt exceeding $1 million, and only $322,000 in cash on hand. Newt’s main expense? Private jets.  The candidate’s campaign, whose entire professional campaign staff quit in disgust last month, spent over $450,000 on chartered jet flights.

The former Speaker of the House now flies commercial and relies on unpaid interns to manage his campaign. But that sacrifice is unlikely to save his heavily indebted campaign. He only raised $2.1 million since he announced his candidacy, $1.8 million of which he’s already spent—in addition to the $1.03 million he has in debt.

This is not the first time Newt’s had money problems. Earlier this year, it was reported that he and his wife owed hundreds of thousands of dollars to luxury jewelry retailer Tiffany’s, where he had lines of credit worth $2 million. Gingrich has blasted President Obama for his plan to use both cut spending and close tax loopholes to reduce the national debt, instead of just slashing social welfare programs.

But maybe Gingrich should have paid more attention to Obama’s proposal. One of the tax loopholes the president is most determined to end encourages reckless spending…on corporate jets.

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Tape of home invasion attack on Nancy Pelosi's husband Paul Pelosi

Youtube Screenshot

Video released Friday of the harrowing home invasion and assault that nearly killed then-Speaker Nancy Pelosi’s husband in October brought little in the way of self-reflection or regret from far-right Internet trolls and Fox News stars who spent months baselessly insisting that the attack had actually resulted from a gay tryst gone wrong. Instead, the denizens of the right-wing conspiracy theory ecosystem either claimed that the new evidence proved that they were right all along, or used it to float additional conspiracy theories about why it hadn’t been released earlier.

The key facts were available within hours of the October 28, 2022, attack. Law enforcement swiftly alleged that David DePape broke into the Democratic leader’s home in the middle of the night seeking to harm her and pummeled her 82-year-old husband Paul, sending him to the hospital for emergency surgery. Journalists who reviewed DePape’s Internet history subsequently revealed that he had been radicalized online and espoused a wide array of right-wing conspiracy theories, including QAnon.

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