Gingrich's Charity Paid Money to Gingrich's Business
Elspeth Reeve – 25 mins ago
A charity founded by Newt Gingrich paid Gingrich's for-profit company $220,000 over two years, ABC News reports. The non-profit, Renewing American Leadership, was meant to spur conversation about restoring Christian principles in Washington, and mostly did that through letters seeking donations. The list of people who responded to those letters with checks was given to Gingrich--something that would be very valuable to a potential presidential candidate building support early in the campaign. ReAL, as the non-profit is called, also paid full-price for Gingrich's books and DVDs. ABC News asked Gingrich for comment ahead of a speech in New Hampshire, but the candidate would only respond, "I'm not concerned about that. The American people aren't concerned about that. Try covering the speech."
"Newt Inc." as Gingrich's many organizations are called, has helped Gingrich stay in the public eye and his ideas in the public debate since he left office as Speaker of the House in the late 1990s. It has also made him rich: he bought a $1 million home in the suburbs of Washington, secured a $500,000 line of credit from Tiffany's, and, most recently, went on a two-week luxury cruise, the last of which cited as a reason for many of his campaign staff quitting en masse. Figuring out how all his organizations work together can be tricky, ABC News explains:
http://news.yahoo.com/s/atlantic/20110614/pl_atlantic/gingrichcharitypaidcashgingrichbusiness38810