i ll turn off the sound so america can t hear your answer to this one. what about the gingrich empire, that $3 million that he makes, which is largely washington dependent income? can t come people in washington kind of get to newt and say, hey, newt, all your avenues to income after this campaign will dry up if you don t stop bombing romney on his way to this nomination? well, i don t think that s going to be a problem. this is what my view is whatever romney and newt throw at each other now, it s nothing compared to what s going to hit one of them come the nomination. and so, to me, i think that they re making each other better candidates. and you know, it s interesting, for your listeners, as long as newt stays in there, romney looks more moderate, therefore more appealing to the swing voters. i think there s an advantage. remember, it s just the first of february.
but, jack, this is just you and me talking, okay? i ll turn off the sound so america can t hear your answer to this one. what about the gingrich empire, that $3 million that he makes, which is largely washington dependent income? can t come people in washington kind of get to newt and say, hey, newt, all your avenues to income after this campaign will dry up if you don t stop bombing romney on his way to this nominati nomination? well, i don t think that s going to be a problem. this is what my view is whatever romney and newt throw at each other now, it s nothing compared to what s going to hit one of them come the nomination. and so, to me, i think that they re making each other better candidates. and you know, it s interesting, for your listeners, as long as newt stays in there, romney looks more moderate, therefore more appealing to the swing voters. i think there s an advantage.
reasons that newt incorporated it s simpler than it looks is basically all of newt incorporated is headquartered in this one building in d.c. gingrich communications, the gingrich group, gingrich productions, gingrich foundation, gingrich holdings. all of newt inc. is in this one building in washington, d.c. one portion of the gingrich empire that was based there is something called american solutions for winning the future. that s the newt gingrich founded deal that you may remember us reporting on the last couple of years where they spam fax you that newt gingrich wants to give you a prestigious award and you call to followup about what you have to do to collect the award and it turns out what you have to do to get the award is send them $5,000. that s the one. after i talked about that, when we were highlighted they had a shared address the other day i played the cash register sound effect but i should have played
okay. a couple of corrections we need to make. earlier this week in reporting on the seemingly complicated but quite simple network of newt gingrich-related money-making schemes, i noted one of the reasons that newt incorporated it s simpler than it looks is basically all of newt incorporated is headquartered in this one building in d.c. gingrich communications, the gingrich group, gingrich productions, gingrich foundation, gingrich holdings. all of newt inc. is in this one building in district of columbia. one portion of the gingrich empire that was based there is something called american solutions for winning the future. that s the newt gingrich founded deal that you may remember us reporting on the last couple of years where they spam fax you that newt gingrich wants to give you a prestigious award and you call to followup about what you have to do to collect the award
he raised $14.5 million in 2010 and he is sit on that much money coming into 2011? no. he did actually raise $14.5 million, and then he spent $13.8 million of it. ta-da! what did he spend that money on? well, a lot of it was travel. reportedly $2 million on private planes and chauffeur services, and then the administrative costs. what are those administrative costs? and who is administrating the gingrich empire and spending all of the money? one of the vendors is something called the gingrich group which is run by a man named newt gingrich. so newt gingrich is being paid to administer the newt gingrich fund-raising empire which raises a lot of money, but spends almost all of the money that it raises on what appears to be newt gingrich. newt gingrich s second ex-wife told esquire magazine last year that newt gingrich was not really running for president,