Why do they call it “public service” when so many people leave Congress much richer than when they went in?
The fees Newt Gingrich bagged being a “historian” (no way was it for being a lobbyist) for Fannie Mae and Freddie Mac is just another example of the riches available to those who take a spin through Washington’s revolving door. Never mind Gingrich’s criticism of Fanne and Freddie as primar culprits in the demise of America’s economy. The money was good for him.
Click here to read my column in The Sunday Wall Street Journal.