Barney Frank Calls Newt Gingrich 'Fundamentally Intellectually Dishonest' For Hypocrisy On Freddie Mac


Barney Frank didn't parse any words when asked by MSNBC's Martin Bashir what he thought of Newt Gingrich's prior statements that Congressman Frank and Sen. Chris Dodd should be jailed during last month's Republican debate, in light of the recent news that Gingrich took a reported $1.6 million in "consulting fees" from Freddie Mac.

Rep. Barney Frank: Gingrich ‘fundamentally intellectually dishonest’:

Rep. Barney Frank (D-Mass.) called Newt Gingrich “fundamentally intellectually dishonest” and decried the former House Speaker’s consulting contract with Freddie Mac as “ludicrous” during an interview Wednesday on MSNBC.

“It’s part of a pattern in which the Republicans, who were in charge during the bad times, try to blame us,” Frank said. [...]

But Gingrich has found himself in hot water since a Bloomberg report revealed that his consulting group earned between $1.6 million and $1.8 million from the mortgage giant. Gingrich has maintained that he did no lobbying, offering to turn over whatever records he legally could and saying he only provided “strategic advice.”

“I just want to emphasize this: I did no lobbying, I did not reach out to Capitol Hill,” Gingrich said Wednesday on the Laura Ingraham radio show. “I was not directly engaged in that way. I gave them advice on what they could do. But I’m not in the business of lobbying, period.”

Still, Gingrich acknowledged, Freddie Mac likely hired him based on his experience as Speaker of the House.

“I would assume they wanted the strategic advice of somebody who had been Speaker of the House and somebody who knew a fair amount about what was going on. And from that perspective I was very happy to offer them advice,” Gingrich said.

Frank rejected Gingrich’s claims, saying “there are two ‘L’ words that have to do with Newt — lobbyist and liar.”

“He was clearly there as a lobbyist and slipped and acknowledged that … you don’t enhance your academic credentials by serving as Speaker, you enhance your credentials as a lobbyist.”

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