Gingrich: I Made Romney Rich

Says he worked on policies that paved the way for rival's wealth
By John Johnson,  Newser Staff
Posted Dec 7, 2011 8:00 AM CST
Newt Gingrich Says He Helped Mitt Romney Get Rich
Newt Gingrich speaks at a news conference in New York, Monday, Dec. 5, 2011.   (AP Photo/Seth Wenig)

(Newser) – With less than a month to go before the Iowa caucuses, we're in the blink-and-you'll-miss-it phase of memorable sound bites. A notable one from Newt Gingrich is gaining some traction:

  • Romney's wealth: Gingrich told CNBC that Mitt Romney should thank him for his wealth, reports CNN. "I did the macroeconomic things necessary to make his career possible," said Gingrich, citing his work as a "supply-sider" with Jack Kemp and Ronald Reagan. He and others "profoundly changed the entire trajectory of the American economy in the 1980s."
Also from the interview:

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  • On the "food stamp president": “We are going to have the candidate of food stamps, the finest food stamp president in the American history in Barack Obama and we are going to have a candidate of paychecks."
  • On his work with Freddie Mac: “I do no lobbying; I’ve never done any lobbying. It’s written in our contracts that we do not do any lobbying of any kind. I offer strategic advice. The advice I offered Freddie Mac was, in fact, aimed at how do you help people get into housing."
(Read more Newt Gingrich stories.)

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