but something about moby dick airways and newt gingrich s spending that seems to be in its own bucket. and. [ laughter ] there is a lot to be done to bring presidential campaign spending under control. and we d have an added benefit if that would be a few million fewer favors that would have been owed to members of the donor class if we spent a little less money on presidential campaigns. isn t t it the fact that newton leroy gingrich. i like his middle name. he ran for the opportunity to sell more of his movies that he makes with his wife. more of his books and to ride on private jets. that is why people run now. the perks and the fun and excitement and money you can make. he got a media deal afterwards running for president. this is why we run. so when you have so much money available just from a couple of
wisdom about how unpopular this president is. let me say to anyone out there who thinks he is legitimatery running for a third time. he is not. speaking of running for president, in 2012 he was a contender but three years later the huffington post reports newt gingrich s campaign for president is still $4.6 million in debt. his biggest creditor is the charter jet service moby dick airways. i was wondering when i would say that again. moby dick airways to which he owes $1 million. who owns that? ahab. [inaudible]. couldn t some billionaire bail him out? this is the thing. campaign debt is a real thing and this of course heather underscores how costly it is to run for president.
and saying things like this. mitt romney, can he beat obama? no. he can t beat obama. because his policy is the basis of obamacare. yeah, there is that, isn t there? as you know, it was some 200 plus days ago that miss bachmann was claiming an hpv vaccine caused mental retardation. so her credibility is somewhat compromised, i suppose. not so for newt gingrich who never had any credibility in the first place. the former speaker did manage to state his support for romney among other things, such as space adventure program, during his 26-minute exit speech, brought to you in its full glory on this broadcast. apologies to our longsuffering viewers. gingrich said that he too will appear publicly with the man he once accused of spewing baloney. pious baloney at some later date. probably around the time he s desperate to pay back that $4 million debt to moby dick airways, among others. and this week we can programs
the truth? turns out the lie romney told that day was exactly 20% true. the campaign did not raise $10 million that day, it raised only $2 million. so please, rewind all those comments from pundits impressed with romney s $10 million in one day and see how their statements sound when the number turns out to be 1/5 of that. former house speaker and big spender newt gingrich ended the quarter over $1 million in debt without the campaign buying any jewelry at all. the gingrich campaign owes nearly $1 million for the use of private jets half a $1 million for private jets. the name of the company gingrich uses for renting private jets is this is not a joke, moby dick airways. joining me now, alex wagner, nbc analyst and reporter for the huffington post.