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Gingrich: $500,000 jewelry debt is ‘normal way of doing business’

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Republican presidential candidate Newt Gingrich said Sunday that a debt of up to $500,000 to Tiffany’s had been paid off.

“Did you owe a half million dollars to a jewelry company at one point?” CBS’ Bob Schieffer asked Gingrich.

“It’s a standard no-interest account,” Gingrich explained. “We paid no interest on it. There was no problem with it. It’s a normal way of doing business.”

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“I mean, it’s very odd to me that someone would run up a half million dollars… bill at a jewelry store,” Schieffer noted.

“Go talk to Tiffany’s. All I’m telling you is we are very frugal. We in fact live within our budget. We owe nothing,” Gingrich insisted.

“What did you buy?” Schieffer wondered.

“It’s a personal — it’s my private life,” Gingrich objected. “If the U.S. government was as debt free as I am, everybody in America would be celebrating. I think I have proven I can manage money.”

“As a private citizen who has done well, I think I’m allowed to pick and choose what I prefer doing.”

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Watch this video from CBS’ Face the Nation, broadcast May 22, 2011.


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24 hours of embarrassing incidents culminate in #TrumpIsALaughingStock trending on Twitter

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President Donald Trump has already had a tough week.

It started Monday evening when HBO aired a widely-panned interview with Axios correspondent Jonathan Swan.

Monday morning, Trump appeared entirely unfamiliar with Yosemite National Park.

And then Trump had another one of his lie-filled presidential briefings.

All the fodder circulating resulted in the hashtag for "Trump is a laughing stock" trending on Twitter.

Here's some of what people were saying about the commander-in-chief:

https://twitter.com/jeremynewberger/status/1290833836587311104

https://twitter.com/egheitasean/status/1290768729286963201

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2020 Election

GOP operatives linked to Kayne West’s presidential bid in potential ‘spoiler’ effort: NYT

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There are questions as to whether Kanye West is running a "spoiler" bid for president to help re-elect his friend, Donald Trump, according to a new report by The New York Times.

"At least four people who have been active in Republican politics are linked to Kanye West’s attempt to get on the presidential ballot this year. The connection raises questions about the aims of the entertainer’s effort and whether it is regarded within the G.O.P. as a spoiler campaign that could aid President Trump, even as those close to Mr. West have expressed concerns about his mental health as he enters the political arena," the newspaper reported.

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2020 Election

Kris Kobach ridiculed after losing comeback bid in Kansas: ‘Adios amigo’

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Former Kansas Secretary of State Kris Kobach is the projected loser of the state's Republican primary for the U.S. Senate, the Associated Press reported Tuesday.

Kobach, a longtime crusader against immigration, headed up President Donald Trump's so-called "voter fraud commission" before it was disbanded after failing to identify any widespread instances of fraud.

Kobach unsuccessfully ran for governor in 2018.

Here's some of what people were saying about Kobach's defeat:

https://twitter.com/LokayFOX5/status/1290832478865952768

https://twitter.com/davematt88/status/1290831071462875136

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