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(MSNBC)   And now for your daily dose of Schadenfreude: The Gingrich Group, source of the vast majority of Newt Gingrich's net worth, has just filed for bankruptcy-under Chapter SEVEN   (firstread.msnbc.msn.com) divider line 162
    More: Interesting, Newt Gingrich, United States bankruptcy court, Center for Health Transformation, Karen Tumulty, Political campaign staff, Augusta National, Atlanta Business Chronicle, federal courts  
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4588 clicks; posted to Politics » on 05 Apr 2012 at 6:19 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-05 06:30:42 PM

FlashHarry: [i38.tinypic.com image 300x170]


Guys, help me out here. For the longest time, I have no idea what this meme is.
 
2012-04-05 06:31:21 PM

jigger: He should work it off doing janitorial duties in a middle school. It'll teach him responsibility.


i39.tinypic.com
 
2012-04-05 06:33:05 PM
And this sh*thead wants to run the country.

F*ck off, you fat tub of lard!
 
2012-04-05 06:35:49 PM

Lackofname: FlashHarry: [i38.tinypic.com image 300x170]

Guys, help me out here. For the longest time, I have no idea what this meme is.


From the movie Tombstone. The Earps want the cowboy gang to believe the gang has run them out of town by killing the youngest Earp. Wyatt tells the cowboys they are leaving for good, and Curly Bill, pictured above, mockingly says "Well...Bye!" in response
 
2012-04-05 06:35:50 PM

tinyarena: I guess we won't have Callista to kick aro...
[img194.imageshack.us image 321x436]
mygod


i.imgur.com
 
2012-04-05 06:36:56 PM

markie_farkie: The icing on that shiat-cake would be Callista dumping his doughy ass for a younger, more attractive politician, after discovering that Newt had been reduced to cooking squirrel under a bridge, and giving blowjobs to hobos for a swig of Sterno.


Well la-de-da! Look at Fancypants Gingrich drinking the brand name cooking alcohol. Too good for the generic shiat, ain't ya?
 
Ehh
2012-04-05 06:37:03 PM
This is begging for Hillary-with-her-Blackberry pic.

Newt: This is a temporary setback.
Hil: No, punk, that would be your campaign.
 
2012-04-05 06:37:39 PM
Where, oh where is the Cavalcade of Fail?
Where, oh where could they be?
 
2012-04-05 06:37:51 PM

Magorn: Oh look, it appears that bankruptcy is contagious, it seems that Newt's OTHER business, the "think-tank" called The Center for Healthcare Transformation, has also filed for Ch. 7 (new window)


He'll be fine, and pulling in better 30-something 'tang than the rest of soon enough.

The "Center for Healthcare Transformation" going under makes complete sense. It was being funded by insiders in the insurance industry. Who were seeking something very much like an individual mandate and subsidies layered on the current health insurance models, because the current model is falling apart at the seams.

Which is why Newt Gingrich was pushing the mandate and Romney-esque care until 2008. It was the last best hope for the insurers, and they were paying Gingrich to give it a veneer of right-wing/'free-market'/GOP respectability.

Now that that position is on the Dem side of the plate, and no solution that doesn't look very bad 10-years-out for the insurers is palatable in the GOP, why keep paying Newt?
 
2012-04-05 06:38:28 PM
Even though most people who get taken by a con get taken because they are greedy themselves, I have had some sympathy for victims of conmen and ponzi schemers in the past if the conman was real smooth and there wasn't a good chance that doing a little research would indicate that tomfoolery was afoot, but Newt has been a known scumbag for ages and ages. I don't feel a bit sorry for his creditors, donors to his campaign, or really anyone who gave money to a known sociopath. This is what they do. He never wanted to be president or actually do any work; he just campaigns and sets up 'consultancies' to ride the gravy train until all the gravy is gone and then he'll move on and find a new scam to try.
 
2012-04-05 06:39:39 PM

Magorn: Lackofname: FlashHarry: [i38.tinypic.com image 300x170]

Guys, help me out here. For the longest time, I have no idea what this meme is.

From the movie Tombstone. The Earps want the cowboy gang to believe the gang has run them out of town by killing the youngest Earp. Wyatt tells the cowboys they are leaving for good, and Curly Bill, pictured above, mockingly says "Well...Bye!" in response


Thank you, good sir.

So the meme then is "Well, bye!"
 
2012-04-05 06:39:53 PM

tinyarena: I guess we won't have Callista to kick aro...
[img194.imageshack.us image 321x436]
mygod


Weirdly enough, that picture isn't nearly as disconcerting as the original.
 
2012-04-05 06:40:04 PM
Who's he going to blame for this? Liberals? Obama? The Moon Men who secretly sabotaged his campaign by manipulating public opinion against him through the calculated use of their moon rays to keep him from ever building bases there?
 
2012-04-05 06:43:10 PM
Okay, I'm gonna put myself at risk for some fark snark, but here goes. How does a person make so much money as a public speaker, such as Gingrich? Does a companies upper management/owners/shareholders get in a room together and say "Guys! I think I know how to fix this problem we have been having. Let's throw a bunch of money at Newt Gingrich/Sarah Palin/Stephen Colbert/Carrot Top and then our employees will walk off armed with all their knowledge, and then that speech will pay off in dividends!"

I mean, I don't see how that works. How has someone coming and speaking to a group of people for an exorbitant amount of money do anything for anybody, besides the person getting a whole lotta cheddar?

Is it a tax writeoff or something?
 
2012-04-05 06:43:23 PM

Ehh: This is begging for Hillary-with-her-Blackberry pic.

Newt: This is a temporary setback.
Hil: No, punk, that would be your campaign.


Oh that site is funny, thank you.
 
2012-04-05 06:43:48 PM

ecmoRandomNumbers: markie_farkie: Oh and who the hell hires an attorney that uses an AOL.COM email address????

I didn't know Bob Laublaw handled bankruptcy cases.


The lawyer handling my house purchase uses AOL.

Should I be worried?
 
2012-04-05 06:43:55 PM
Oh my. I get to break out the laughing gull for this one.

img210.imageshack.us
 
2012-04-05 06:44:54 PM

Magorn: For anybody fuzzy on the US bankruptcy code

Chapter 11 ="Just give me a little more time, and get these creditors off my back, and I can make a go of this thing"

Chapter 7= Fark it, I'm done. Sell off the bones of what I left behind and split it between my creditors

(and just for completeness Ch 13 =a CH11 for people rather than businesses Ch 9 is for cities, Ch 10 is for small companies, and Ch 12 is for farms and inexplicably there is No Ch 8 that I know of)


Man, that book leaves out a whole bunch of chapters... Are those the ones where the Republicans take "personal responsibility"?

FloydA: ginandbacon: FloydA:

Don't forget Chapter 6, in which Eeyore has a birthday and gets two presents.

You should post more.

If you insist.
[ahem]

"Eeyore, the old gray Donkey, stood by the side of the stream, and looked at himself in the water.
"Pathetic," he said. "That's what it is. Pathetic."
He turned and walked slowly down the stream for twenty yards, splashed across it, and walked slowly back on the other side. Then he looked at himself in the water again.
"As I thought," he said. "No better from this side. But nobody minds. Nobody cares. Pathetic, that's what it is."

There was a crackling noise in the bracken behind him, and out came Pooh.
"Good morning, Eeyore," said Pooh.
"Good morning, Pooh Bear," said Eeyore gloomily. "If it is a good morning," he said. "Which I doubt," said he.
"Why, what's the matter?"
"Nothing, Pooh Bear, nothing. We can't all, and some of us don't. That's all there is to it."
"Can't all what?" said Pooh, rubbing his nose.
"Gaiety. Song-and-dance. Here we go round the mulberry bush."
"Oh!" said Pooh. He thought for a long time, and then asked, "What mulberry bush is that?"
"Bon-hommy," went on Eeyore gloomily. "French word meaning bonhommy," he explained. "I'm not complaining, but There It Is."
Pooh sat down on a large stone, and tried to think this out. It sounded to him like a riddle, and he was never much good at riddles, being a Bear of Very Little Brain. So he sang Cottleston Pie instead:

Cottleslon, Cottleston, Cottleston Pie.
A fly can't bird, but a bird can fly.
Ask me a riddle and I reply:
"Cottleston, Cottleston, Cottleston Pie."


(I don't know about this, it's just not the same when I can't do the voices.)


Man, that's awesome. I have to learn to go thread down, rather than reading these posts from the bottom up though, the ongoing jokes make much more sense that way.
 
2012-04-05 06:46:26 PM
3.bp.blogspot.com
 
2012-04-05 06:48:20 PM

cryinoutloud: Oh my. I get to break out the laughing gull for this one.

[img210.imageshack.us image 191x320]


That bird has Callista's eyes...
 
2012-04-05 06:49:58 PM
i184.photobucket.com
 
2012-04-05 06:50:39 PM
mariopiperni.com
 
2012-04-05 06:51:41 PM

Mixolydian Master: "Guys! I think I know how to fix this problem we have been having. Let's throw a bunch of money at Newt Gingrich/Sarah Palin/Stephen Colbert/Carrot Top and then our employees will walk off armed with all their knowledge, and then that speech will pay off in dividends!"


Sometimes it is working the other way around. Yes, s/he'll give a speech. That's the least important thing, but something you can reasonably pay for. The insurers or the Enron guys pushing cap-and-trade, or some military bloat contractor hire a "known thinker" like Gingrich or (even sadder) Palin. He'll then come out for something like the mandate or cap-and-trade or some free trade agreement. Then, even though he's in virtually no power, random Republican congressmen can have the cover of "I got this idea from Newt Gingrich, and you know he's a conservative."
 
2012-04-05 06:56:46 PM

Lawnchair: Mixolydian Master: "Guys! I think I know how to fix this problem we have been having. Let's throw a bunch of money at Newt Gingrich/Sarah Palin/Stephen Colbert/Carrot Top and then our employees will walk off armed with all their knowledge, and then that speech will pay off in dividends!"

Sometimes it is working the other way around. Yes, s/he'll give a speech. That's the least important thing, but something you can reasonably pay for. The insurers or the Enron guys pushing cap-and-trade, or some military bloat contractor hire a "known thinker" like Gingrich or (even sadder) Palin. He'll then come out for something like the mandate or cap-and-trade or some free trade agreement. Then, even though he's in virtually no power, random Republican congressmen can have the cover of "I got this idea from Newt Gingrich, and you know he's a conservative."


That makes a ton of sense. I really knew there had to be a backdoor reason as to why, because people by nature don't just shower people to open their piehole, and just bask in their wisdom. I just wasn't sure what the cynical reason was. If no one had answered this I was gonna take it to TF. Now I don't have to sacrifice my searching for porn time. Thanks, Lawnchair!
 
2012-04-05 06:59:46 PM
found somewhere in the net


Comment by John Bradley on March 12, 2012 at 12:31am

we need Newt now more than ever because he change what needs changed not try to mamange it we need lots of things changed the most needed and the one no one talks about is the 15 trillion debt we need to solve that and solve that now. go Newt Go
 
2012-04-05 07:01:37 PM

Magorn: For anybody fuzzy on the US bankruptcy code

Chapter 11 ="Just give me a little more time, and get these creditors off my back, and I can make a go of this thing"

Chapter 7= Fark it, I'm done. Sell off the bones of what I left behind and split it between my creditors

(and just for completeness Ch 13 =a CH11 for people rather than businesses Ch 9 is for cities, Ch 10 is for small companies, and Ch 12 is for farms and inexplicably there is No Ch 8 that I know of)


everyone forgets what 8 is for
 
2012-04-05 07:05:56 PM

StopLurkListen: I thought Americans weren't allowed to walk away from their debts anymore? Personal responsibility and all that?


Oh, that's for the little people who don't know how to properly structure a con to protect from personal liability.

His two bankrupt institutes are independent corporations that he controls but has no liability for their actions. They raise money and then pay Newt for his services to them. The two could borrow money and since it looked like Newt was running for President they could get more money and/or money on better terms.

So Newt sucks as much money out of them as he can, uses them to pay for campaign expenses including first class meals and accommodations, then says HAHA and leaves someone else holding the bag.

That is how grifters do it and it is perfectly legal.
 
2012-04-05 07:07:03 PM

jigger: He should work it off doing janitorial duties in a middle school. It'll teach him responsibility.


WINNER!
 
2012-04-05 07:08:34 PM
Couldn't happen to a nicer hypocrite.
 
2012-04-05 07:10:35 PM

HairBolus: StopLurkListen: I thought Americans weren't allowed to walk away from their debts anymore? Personal responsibility and all that?

Oh, that's for the little people who don't know how to properly structure a con to protect from personal liability.

His two bankrupt institutes are independent corporations that he controls but has no liability for their actions. They raise money and then pay Newt for his services to them. The two could borrow money and since it looked like Newt was running for President they could get more money and/or money on better terms.

So Newt sucks as much money out of them as he can, uses them to pay for campaign expenses including first class meals and accommodations, then says HAHA and leaves someone else holding the bag.

That is how grifters do it and it is perfectly legal.


THIS
 
2012-04-05 07:12:28 PM
cache.gawkerassets.com
Moonbases for moonbats!

lh3.googleusercontent.com
 
2012-04-05 07:14:10 PM

markie_farkie: If you read the PDFs linked in TFA, one of his debtors is Callista.

Way to fark your wife, Newt!


probably a bullshiat charge so they get the tax write off on their personal taxes as a result of "not being paid".
 
2012-04-05 07:23:20 PM

markie_farkie: Oh and who the hell hires an attorney that uses an AOL.COM email address????


Based on the giant database of attorneys I have here, about 7% of them have aol addresses. I'm actually amazed it's not more. Some attorneys really cling to old technology. I knew of attorneys still using word perfect 5.1 in 2000 because that's what they used in law school.
 
2012-04-05 07:24:04 PM

Lionel Mandrake: Diogenes: I can't wait for someone in the media to ask him about this. It better be on camera.

I don't think he'll be taking question from the elite media about this.


Especially not liberal gotcha questions like that.
 
2012-04-05 07:27:06 PM
Mostly, the Gingrich campaign spent other peoples money. Mostly.
 
2012-04-05 07:27:13 PM

Diogenes: [msnbcmedia.msn.com image 500x375]
What Satan summoning fire may look like.


Note the absence of fire responding to the summons.
 
2012-04-05 07:28:51 PM
i.imgur.com

/no ones getting any sleep tonight
 
2012-04-05 07:31:01 PM

propasaurus: How can the Gingrich Group possibly have more money going out than the millions of dollars they've taken in? What are they spending it on? It's not like they produce anything.


For his supporters he produces:
1) hatred
2) disinformation
3) resentment
4) bitterness

For the rest of us he produces:
1) lulz

See, he produces things.
 
2012-04-05 07:36:05 PM

Kanemano: Magorn: For anybody fuzzy on the US bankruptcy code

Chapter 11 ="Just give me a little more time, and get these creditors off my back, and I can make a go of this thing"

Chapter 7= Fark it, I'm done. Sell off the bones of what I left behind and split it between my creditors

(and just for completeness Ch 13 =a CH11 for people rather than businesses Ch 9 is for cities, Ch 10 is for small companies, and Ch 12 is for farms and inexplicably there is No Ch 8 that I know of)

everyone forgets what 8 is for



The Ocho. Never speak about Chapter Ocho.
 
2012-04-05 07:42:56 PM
I hope his current wife is watching closely.

/I wonder what kinds of wages and benefits old Newtie pulled out of that organization.
 
2012-04-05 07:48:49 PM
I just wanted to thank Kanemano. Not just for the earworm, but for Everything, everything everything.
 
2012-04-05 07:54:29 PM

cleveoh: Kanemano: Magorn: For anybody fuzzy on the US bankruptcy code

Chapter 11 ="Just give me a little more time, and get these creditors off my back, and I can make a go of this thing"

Chapter 7= Fark it, I'm done. Sell off the bones of what I left behind and split it between my creditors

(and just for completeness Ch 13 =a CH11 for people rather than businesses Ch 9 is for cities, Ch 10 is for small companies, and Ch 12 is for farms and inexplicably there is No Ch 8 that I know of)

everyone forgets what 8 is for


The Ocho. Never speak about Chapter Ocho.


Nah, chapter 8 is when Newt wears a dress to get out of the the Korean War
 
2012-04-05 07:56:50 PM

Magorn: and just for completeness Ch 13 =a CH11 for people rather than businesses



I was under the impression that they're really different.
A person can file CH 13 still have to pay their student loans, liens, child support.
Ch11 lets companies get out of their responsibilities such as pension obligations and lets them give themselves golden parachutes.

I may be wrong.
 
2012-04-05 08:12:05 PM

Thrag: Based on the giant database of attorneys I have here, about 7% of them have aol addresses. I'm actually amazed it's not more. Some attorneys really cling to old technology.


You don't need to use AOL software to get AOL mail.
 
2012-04-05 08:14:49 PM
This is bad, it means the show has to end at some point.
 
2012-04-05 08:16:52 PM

mainstreet62: ecmoRandomNumbers: markie_farkie: Oh and who the hell hires an attorney that uses an AOL.COM email address????

I didn't know Bob Laublaw handled bankruptcy cases.

The lawyer handling my house purchase uses AOL.

Should I be worried?


Maybe. If a Chinese family shows up at your door in 5 years to throw you out, you'll know.
 
2012-04-05 08:18:26 PM
This is the guy who knows how to create jeorbs
 
2012-04-05 08:22:11 PM
Old Gingrich Group was old and sick. It was time to for it to go. The New Gingrich Group will be young, rich and beautiful.

m.wsj.net
 
2012-04-05 08:32:37 PM
This is what happens when you get turned into a Newt and don't get better.
 
2012-04-05 08:32:45 PM

ginandbacon:

I love you man :)


i105.photobucket.com
I know.
 
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