Washington Post: Newt Gingrich had credit line at Tiffany’s that could have reached $1 million

For Newt Gingrich, tomorrow’s speech at the Atlanta Press Club on the Federal Reserve is likely to take a back seat to this from the Washington Post:

Former House speaker Newt Gingrich had a second line of credit at the high-end jewelry store Tiffany’s for as much as $1 million dollars, his presidential campaign acknowledged Tuesday.

Joe DeSantis, a spokesman for Gingrich, said that the candidate’s personal financial disclosure filing, which is due within 30 days of his formal entrance into the presidential race, will “show that the Gingriches had a $500,000 to $1 million line of credit at Tiffany’s, that it has a zero balance, and it has been closed.”

- By Jim Galloway, Political Insider

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29 comments Add your comment

Dave

June 21st, 2011
8:58 pm

He has every right given his income and success. I hope the jewelry added a lot of joy to his and her life. Newt never claimed he was a pauper.

Will Jones - Atlanta Jeffersonian Exegesis

June 21st, 2011
9:04 pm

His beard comes at a high price.

lester maddox

June 21st, 2011
9:06 pm

If I never hear whats-his face’s name again I’ll be just fine.

Amazing

June 21st, 2011
9:22 pm

I DON’T LIKE GINGRICH. But, what relevance does his credit line have with his qualifications? This is not news. Journalism (on the left and right) is forsaking quality in favor of sensationalism and controvesy. This is a worthless story!

big hair

June 21st, 2011
9:26 pm

Have never been a fan of Newt, but, BFD.

Travis McGee

June 21st, 2011
10:01 pm

Newt’s time has come and gone. Time for him to take a bow and exit stage right. Adios, Newt.

Gee

June 21st, 2011
10:02 pm

Better use some of that Tiffany’s credit to buy gold watches for his staff. That’s the only way he can get anybody to work for him.

Centrist

June 21st, 2011
10:07 pm

I second all of the above comments. Past time to drop the Gingrich watch.

khc

June 21st, 2011
10:10 pm

where are the jobs mr. boehner

Red

June 21st, 2011
10:17 pm

How does a man who has only been a college professor and a politician become that wealthy?

Who Cares

June 21st, 2011
10:19 pm

Captain Crunch Gingrich had a zero chance of winning GOP nomination, a man with a $1,000,000 dollar credit account for a luxury jewelry store is WAY out of touch with middle class mainstream Americans! Newt is out of the mainstream, a champion voice for the wealthy millionaires, Texas oil cartel, and represents selfish greedy corporate executives and board members executives who favors ans supports Communist Chinese labor and fascist India labor over US American Labor. Newt was relevant in the 90’s but he’s out of the mainstream in the 21st century!

dixiedemons

June 21st, 2011
10:54 pm

Newt embodies Republican Family Values…. everyone loved him when he put a contract ON America

B. Thenet

June 21st, 2011
11:07 pm

What exactly does Newt Gingrich do for a living? I mean, he isn’t a lobbyist or lawyer. Doesn’t appear to get much cash from being a talking head on TV.

Is flaunting election finance laws really that lucrative?

itpdude

June 22nd, 2011
12:51 am

Ta-ta, Newtie.

Buckhead Boy

June 22nd, 2011
5:46 am

What the man does for a living is make futile runs for the presidency to boost his profit-making activities fed by a conglomerate of fake “charities”. Long before Palin and Deal, he recognized that there is a Republican born every minute, and there’s gold in them thar campaigns.

The Centrist

June 22nd, 2011
5:54 am

I can’t wait to hear what Newton Leroy McPherson Gingrich has to say about the Federal Reserve.

rod

June 22nd, 2011
6:07 am

is someone jealous?

MC

June 22nd, 2011
6:39 am

Glad I was/am not one of the morans who supported/supports he and his flousy! Spend it all Newt and ask for more from your dumb friends! Got to give it to him. He gets the dough.

Bill Orvis White

June 22nd, 2011
7:16 am

This means that the honorable Speaker Gingrich is qualified enough for a solid high line of credit. He’s a good man and I’m tired of the media tearing him apart. Leave the man alone for the Lord’s sake! It also means that Speaker Gingrich would also be good with the country’s money. We have an arrogant incompetent community organizer acting as president spending our dollars like a drunken truck driver at a strip club.
GOOD NIGHT!
Amen,
Bill

Road Scholar

June 22nd, 2011
7:24 am

Who cares? So, he paid his bills and had a good credit rating!

Jerome Horwitz

June 22nd, 2011
7:24 am

Newt’s a non-factor and who cares how he spends his money. Also, not really interested in hearing what he has to say regarding the Federal Reserve. He’s past his prime.

WE have lost our way

June 22nd, 2011
7:45 am

Diamonds are a women’s best friend!

jconservative

June 22nd, 2011
7:49 am

“How does a man who has only been a college professor and a politician become that wealthy?”

Writing books that some people on the right buy.

Drawing a salary/bonus from his political pacs that some people on the right keep funding.

Wife has had high paying jobs.

And that is just what I know and I know very little on his personal life.

JD

June 22nd, 2011
7:51 am

Well…when you buy engagement rings in bulk I guess you need a million dollar credit line at Tiffany’s.

mehlman rings twice

June 22nd, 2011
8:01 am

JD @ 7:51 am:
Stop that! I now have to change my shirt.
Actually, there is nothing wrong with having a $1 million dollar line of credit at a jewelry store so why did they close it?

Road Scholar

June 22nd, 2011
8:24 am

JD: Good one!

Jiggle the Handle

June 22nd, 2011
8:38 am

Everyone is getting their panties in a wad over one thing or another that would seem to disqualify Newt for the presidency. If you were to judge using the current list of GOP contenders as your standard, the bar for qualifying is exceedingly low.

This has never been about actually winning the office and governing for Newt, although I’m certain in his mind he felt he could win and was by far the best candidate.

This whole charade has been nothing more than an exercise born of Newt’s massive ego and a cunning strategy to sell more books and speaking engagements where he can spout outrageous remarks and spin dated political and economic policies whose time has long past.

Not much difference between Newt and Trump when you get down to it.

south ga. possum

June 22nd, 2011
8:42 am

Who cares? What does it matter? What’s it got to do with his qualifications as a presidential candidate.? If the man can pay the bill each month he has a right to have whatever credit limit he wants to have. Americans need to concentrate on the real issues facing this nation in November 2012 and not worry about Newt’s line of credit at Tiffany’s. That’ll take care of itself…if he doesn’t pay on time..they’ll cut him off. Right now we need a person with enough overall experience and the ability to lead this country out of this horrible mess we’re in and Newt has those qualifications. Get off the mans back…Just like you’re own personal business..that’s his business.

The Goobernator

June 22nd, 2011
4:40 pm

BFD, Boring! who cares if they have a closed retail credit account ANYWHERE! Enough of this stupid story.