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Sun Jan 22, 2012, 09:54 PM

Why won't Mitt attack Gingich's Tiffany line of credit?

Because to Romney it is normal to have such credit lines.

14 replies, 1690 views

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Response to kemah (Original post)

Sun Jan 22, 2012, 09:59 PM

1. Because he thinks puissant and pissant are the same word. nt

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:00 PM

2. He may or may not have such credit lines;

he's got HOUSES and HOUSES and HOUSES!

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:00 PM

3. Ronmey doesnt NEED a credit card

The solid gold debit card is all he uses.

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:00 PM

4. Not really, no...

The issue with Newt's Tiffany account wasn't that it was so large, it's that it's an interest-free account--leading to quid pro quo issues because, among other things, Newt knows people who could write preferential treatment for precious metals held for manufacturing purposes (remember, Tiffany is a manufacturer of items made from precious metals) into the tax code.

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Response to jmowreader (Reply #4)

Mon Jan 23, 2012, 08:34 AM

11. Except Newt has been out of office for a long time

I would wonder if this wasn't - in essence - a discount given to him because of his large purchases there. Interest rates have been low, so if you try to estimate what the real cost to Tiffany might be less than offering a 5% discount.

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Response to karynnj (Reply #11)

Thu Jan 26, 2012, 01:40 AM

14. You might want to look at Newtie's Wikipedia page

He is a member of all the top conservative think tanks. If you were to go to any of them and ask, "what is the most certain way to stimulate growth in America?" they would all tell you to cut the capital gains tax rate or eliminate it altogether.

Oh, trust me: there are people who spend more at Tiffany than Newt Gingrich does, and they don't get interest-free charge accounts.

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Response to jmowreader (Reply #4)

Mon Jan 23, 2012, 10:27 AM

12. It was also unsecured credit

Tiffany is a public company. It's hard for me to believe that million dollar credit lines are routinely awarded, especially with Gingrich's financial history.

We might also muse on the fact that the million dollar credit line was ten percent of Gingrich's entire financial worth, allegedly.

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:03 PM

5. Because he's tearing down a mansion in La Jolla to build a bigger mansion.

That would make for a fun exchange between the two.

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:17 PM

6. Anybody else notice Callista Gingrich wasn't wearing jewelry yesterday?

Strange for a woman married to a guy with a mega-credit line at Tiffany's.

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Response to kemah (Original post)

Sun Jan 22, 2012, 10:20 PM

7. That's the lifestyle he is defending

If he attacks it he'll get called out for being a hypocrite. Santorum might be able to get away with it. That attack transfers to Romney, so he probably won't. Santorum is in a position to sit back and let them forget all about him while they attack each other.

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Response to loyalsister (Reply #7)

Mon Jan 23, 2012, 01:52 AM

8. +1, nailed it.

 

Gingrich and Romney on the attack, destroying each other. All Santorum needs to do is kick back and stay in the race to become the nominee.

Still, he's not going to win it. He looks like a wealking - not mean, not very smart and not incredibly manly. Just not going to happen.

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Response to kemah (Original post)

Mon Jan 23, 2012, 08:28 AM

9. Because there is no real scandal there and there are so many real things for Rommney to attack on

Gingrich is trying to claim that the ethics investigation found nothing and that it was just political - Romney is making sure people know that he was kicked out over it.

Attacking NG for the Tiffany line of credit is something the ultra-wealthy Romney could not do without it backfiring.

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Response to kemah (Original post)

Mon Jan 23, 2012, 08:29 AM

10. He is saving that for the Obama campaign to use if needed

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Response to kemah (Original post)

Mon Jan 23, 2012, 10:29 AM

13. Probably cause he has double the line of credit there

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