SayAnything Blog
Newt Gingrich Gives Hesitant Endorsement To Bailout
Comments (9) | Full Version | Back
Rob - 04:09pm on 09/28/2008

Mike Pence says no.  Newt Gingrich says, that if he were still in Congress, he’d probably say yes.

Gingrich also says that with this bailout we’re buying 20 years of bureaucracy for a short-term fix.  I’m convinced that with this bailout we’re only postponing an inevitable collapse, and that it’s better to pay the price now rather than later when it will come with the additional cost of the bureaucracy (not to mention unprecedented new government power over our capital markets) between now and then.

Which makes me wonder why, if Gingrich really believes this is only a short-term fix, he’d support the bailout.


Read Comments (9)