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o all americans and particularly to black americans gingrich replied no i don t see that a response that drew both cheers and boos from the audience he went on to say my daughter jackie cushman who is sitting right there points reminded me that her first job was at the first baptist church in carolton georgia doing janitorial work at 13 the audience which reacted very favorably to the anecdote about his hard working daughter might not have done so quite as enthusiastically if they d known why his daughter was working at 13 years of age in the first place the following excerpts are taken from a vanity fair pbs interview published in september 1995 with newt gingrich s parents and his second wife marianne bob gingrich newt s stepfather boycotted his stepson s wedding but newt and kit his mother remained close she remembers visiting the couple at tulane university where newt entered graduate school the gingriches had one daughter kathy who was born nine months after their marriage their second daughter jackie sue followed in 1966 kit recalls that the young family s living conditions were spartan their couch was propped up with a brick she says i mean jackie didn t have any clothes dolores adamson gingrich s district administrator from 1978 to 1983 remembers jackie put him all the way through school all the way through the p h d he didn t work adds adamson personal funds have never meant anything to him he s worse than a six year old trying to keep his bank balance jackie did that when i ask marianne newt s second wife if she keeps the checkbook for the man determined to balance the nation s budget she laughs quietly yes i do a lot of our finances i pretty much handle the money she acknowledges that at the time of their marriage in 1981 newt was in great personal debt so we had to work our way out of it a feat she says was accomplished only last year the legacy of manic depression stemming from his mother kit gingrich may be relevant here given the fact that the condition is an inherited one in about 80 percent of cases after kit acknowledged that she is manic depressive i asked whether newt had been tested psychologically she responded smart kids don t need it they get mad and they get glad in manic depressive illness which goodwin co authored with kay redfield jamison he describes the usual mood in hypomania as ebullient self confident and exalted but with an irritable underpinning he goes on to quote earlier studies that characterizes the thinking of a person in a hypomanic state as flighty he jumps from one subject to another and cannot adhere to anything another study describes the role of hypomania and extroversion in some leaders noting behavior that is often intolerant and unyielding given to impulsive action full of energy and at the same time full of strong purpose and burning conviction the outcry attracts other extroverts and soon there assembles a group of dominant men who unite in a common cause during 1979 and 1980 newt gingrich despite his political success entered a period of crisis he almost to borrow a phrase wiped out he went through a real down period ducked his head retreated from the battlefield says eddie mahe according to other sources newt was drinking heavily there were people concerned about his stability says kip carter it was a very very bad period of my life newt has admitted it had been getting steadily worse i ultimately wound up at a point where suicide or going insane or divorce were the last three options in april 1980 he told jackie who was suffering from uterine cancer that he was filing for divorce he was soon having an affair with a woman known to a member of his staff as the mystery lady fifteen years younger than newt s wife she had big cow eyes says one former congressman it was the future marianne gingrich whom newt had met at a republican fund raiser in ohio in january of 1980 for some time jackie tried to hold on he can say that we had been talking about it for 10 years but the truth is that it came as a complete surprise she told lois romano of the washington post he walked out in the spring of 1980 by september i went into the hospital for my third surgery the two girls came to see me and said daddy is downstairs could he come up when he got there he wanted to discuss the terms of the divorce while i was recovering from my surgery jackie s divorce lawyer edward bates expected that newt would want to have the divorce handled quietly and diplomatically but it started off very badly we went to court to get the basic financial necessities met the utilities were about to be cut off it was dire jackie s testimony at a hearing to determine alimony revealing newt s 34 000 personal debt his spending habits his refusal to pay forwarded bills appeared in detail on the front page of the hometown newspaper the carroll county georgian on october 23 1980 it was against this backdrop of marital infidelity financial parasitism and fiscal irresponsibility that newt gingrich s daughter had to go to work at 13 years of age one wonders would the audience cheering speaker newt gingrich s family values rhetoric in the recent debates have been as enthusiastic if they knew the rest of the story this is the history of a man forced to resign as speaker of the house for ethics violations we don t need newt gingrich posted by daisy at 4 23 pm no comments labels newt gingrich curl bids good riddance to newt analysis opinion joseph curl anyone who knows newt gingrich knows that newt gingrich is and always has been all about newt gingrich newt gingrich doesn t give a damn about the republican party and newt gingrich sure doesn t care about ousting president obama unless he s doing the ousting if newt gingrich can t be the nominee then newt gingrich will burn the whole place to the ground and that s just what he s done since plunging in the polls furious over the tv ads the pro romney super pac ran against him in iowa mr gingrich abandoned his pledge not to speak ill of his fellow republicans and struck out on a course to destroy the republican front runner in one of many odd utterances the former house speaker acknowledged as much in the run up to the new hampshire primary my real goal was to make sure that romney did not win here by a big enough margin to develop real momentum simple take mr romney down even if it brings down the entire republican party at times mr gingrich has sounded exactly like mr obama in his attacks on mr romney s tenure at a large venture capital firm parroting the class warfare claptrap that will be the centerpiece of the democratic campaign there has to be some sense of everybody s in the same boat and i think again as i said he s gonna have to explain why would bain have taken 180 million out of a company and then have it go bankrupt and to what extent did they have some obligation to the workers remember these were a lot of people who made that 180 million it wasn t just six rich guys at the top and yet somehow they walked off from their fiduciary obligation to the people who had made the money for them mr gingrich said the new newt is miles away from the old newt at least the facade in early republican debates mr gingrich chastised moderators for seeking to split the party s candidates force them to criticize one another i m frankly not interested in your effort to get republicans fighting each other you d like to puff this up into some giant thing he said at one debate i for one and i hope all my friends up here are going to repudiate every effort of the news media to get republicans to fight each other to protect barack obama who deserves to be defeated and all of us are committed as a team whoever the nominee is we are all for defeating barack obama mr gingrich s descent into the nasty should surprise no one the corpulent thrice married former speaker is clearly a man who cannot control his appetites his decision to split for a vacation in the greek islands during the first days of his campaign prompted his campaign team to resign en masse leaving the candidate so rudderless he couldn t even get on the ballot for some state primaries without a disciplined team of advisers around him mr gingrich s true character has shone through newt s facade as an avuncular even tempered man of moderation has given way to the true newt angry impulsive irrational undisciplined for years mr gingrich played the coy party leader teasing conservatives as he toyed with the idea of running for president he played the game in 2000 and again in 2008 but like sarah palin he had no intention of running instead he was busy making big bucks as an author and paid speaker 50 000 a pop each campaign cycle he would emerge hit the tv circuit hype his latest book and then disappear into the shadows again here s the fallout of mr gingrich s scorched earth campaign for the 2012 gop presidential nomination the former speaker has lost his position as de facto head of the republican party forever and with his departure the former alaska governor will assume his longtime role mr gingrich was once the main speaker at the conservatives top summit the conservative political action conference he thrilled conservatives year after year with his die hard right agenda but this february mrs palin will be the keynote speaker and by then mr gingrich will be a former candidate for the 2012 presidential nomination the job swap will be complete mrs palin will play the same role as mr gingrich once did pushing the republican party to the right as she cashes in on books and speeches she ll toy with a run in 2016 should the republicans lose this november but pull back by 2020 she ll jump in and be crushed just like mr gingrich has been this cycle and by then there ll be another conservative leader in the wings to take over her role same as it ever was posted by daisy at 4 40 am no comments labels mitt romney newt gingrich friday january 13 2012 factcheck org reveals gingrich distortions a 28 minute political documentary released this week by a pro newt gingrich super pac presents a one sided often distorted and misleading view of mitt romney s years leading the venture capital firm bain capital interspersed with appropriately eerie music the video focuses on four bain financed companies and features heart wrenching interviews with people who portray romney and bain as ruthless quick buck corporate raiders who reaped huge financial rewards at the expense of faithful employees but a closer look at the companies highlighted in the video reveals a murkier picture the video often overstates or outright distorts romney s culpability for job losses or bankruptcies the film talks about layoffs at ddi corp and discusses questionable manipulation of stock prices after the circuit board company went public but romney had left bain capital a year before any layoffs and a public stock offering that ultimately netted bain and romney a big payday the company s subsequent bankruptcy filing came two years after bain had largely divested from the company and was the result of the dot com bust moreover the company emerged from bankruptcy and its current ceo credits those early bain investments for setting the foundation for the company s current success the film claims romney was involved in the acquisition management and demise of the now defunct kb toys he wasn t bain bought the toy company nearly two years after romney left bain likewise the closing of unimac s plant in marianna fla occurred seven years after romney left bain and nearly two years after bain sold unimac s parent company to another private equity house more broadly the video presents a myopic view of bain capital cherry picking some of the worst bain outcomes to portray bain in the worst possible light romney s record at bain capital also includes some success stories see staples and sports authority to name a few at companies that added new jobs posted by daisy at 9 46 pm no comments labels bain factcheck org roinney the real romney bain story gingrich perry and others who jump on this wagon best get their facts in order first the issue of mitt romney bain capital and the american business system seems to be front and center for newt gingrich and the occupy wall street crowd including the nyt it is impossible to exaggerate the colossal depth of ignorance reflected by newt gingrich surprisingly and rick perry not surprisingly as they mirror the always profoundly stupid national media regarding the bain controversy the ignorance of newt gingrich is particularly apalling as one would assume he knows the reality and can distinguish it from the politically motivated diatribes of the dnc the ny times barack obama et al but he has signed on to the anti capitalist bandwagon perhaps hoping to take a run at the democratic nomination if he fails in the gop recently the nyt ran an article as a follow up to gingrich s sheldon adelson sponsored acquisition of the film when bain came to town most of the media have picked up on the nyt story and the anti bain romney film including andrew sullivan in the daily beast all reprint the main points of the article and the film without the remotest effort to actually check real facts so in a futile effort to discuss what actually happened and provide an insight for these political and journalism clowns i submit the following bear in mind that romney was at bain from 1984 to 1998 the daily beast and andrew sullivan excerpt the following from the nyt story bain invested 22 of the money it raised from 1987 to 1995 in five businesses and made 578 million in profit sullivan then goes on to identify four companies and about 300 million in profit on about 200 million in investment i m sure he knows the fifth and just forgot it from the nyt but here are the four 1 stage stores bain invested 5 million in 1988 the company went public in 1996 and bain took a nice profit of 100 million and left the company went through bankruptcy reorganization in 2000 four years after bain left romney and bain are held responsible for the bankruptcy that occurred 4 years after they left the bankruptcy allowed stage stores to restructure close under performing bealls stores and performance substantially improved today stage stores has 13 000 employees in 40 states and had sales of 1 5 billion in 2011 so romney should get the credit for 13 000 employees if he is blamed for a bankruptcy he was totally unassociated with right newt you know it s really about the money newt doesn t like romney and bain s return on their invested capital even though gingrich took 2 million from taxpayers through freddie mac without any capital at risk how about a file on when newt came to town 2 case 2 from sullivan and the nyt ampad the anti bain film has several distraught former employees of ampad railing against the greedy capitalists who bought their company and lost their jobs it is sad but what happened is the stress of an american business system that made this the richest country in the wo...