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Gingriches Rang Up Big Tiffany & Co. Bill While Jeweler Was Lobbying Mrs Newt's House Committee

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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 08:45 AM
Original message
Gingriches Rang Up Big Tiffany & Co. Bill While Jeweler Was Lobbying Mrs Newt's House Committee
Gingriches Rang Up Big Tiffany & Co. Bill While Jeweler Was Lobbying Her House Committee

http://tpmmuckraker.talkingpointsmemo.com/2011/05/gingriches_rang_up_big_tiffany_co_bill_while_jeweler_was_lobbying_her_house_committee.php?ref=fpb

Tiffany & Co. was actively lobbying the House committee Newt Gingrich's wife Callista was working for at the time the couple had a $250,000 to $500,000 interest-free revolving charge account with the famed jeweler, SpyTalk blogger Jeff Stein reports.

Newt Gingrich has previously touted his Tiffany's bill as evidence of his fiscal responsibility because he paid it off in full. Newt Gingrich also claimed the revolving charge account with Tiffany & Co. came interest-free, but the high-end jewelery company doesn't appear to offer such a deal to your average Joe, the Washington Post reports

<<<snip>>>

Filings by Tiffany's lobbyist, Cassidy & Co., and other government records show that the firm's spending on "mining law and mine permitting-related issues" in Congress, as well as the Forest Service, the Interior Department, and Interior's Bureau of Land Management shot up sharply between during the period when Callista Gingrich was chief clerk at the House Agriculture Committee.


Ouch......

So that's what it takes to get an interest free revolving credit account up to $500k at Tiffany's.
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 08:52 AM
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1. A special interest-free charge account, just for Mrs. Gingrich.
Edited on Wed May-25-11 08:52 AM by Ian David
I wonder what kind of discount they offered her as well?

1) Buy Jewelry from Tiffany's at steep discount.
2) Charge it at zero percent interest on special Gingrich-Only special account.
3) Sell Jewelry elsewhere at fair market rate.
4) Pay-off interest-free Tiffany's account.
5) Pocket the profit.
6) Repeat.

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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 08:54 AM
Response to Original message
2. Ruh-Ro -- Could be the final nail
If there turns out to be a connection, Newt can kiss his campaign good-bye.

Even id it is just the appearance of impropriety it could mean so-long Newt
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 09:06 AM
Response to Original message
3. Ho! Ho!
You can almost set your clocks to these perks, can't you?
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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 09:10 AM
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4. Busted
buh=bye Newt and Calista - buh-bye!
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