Newt Gingrich is preparing to make the transition from forgotten-but-not-gone to gone-and-hopefully-forgotten by dropping his presidential campaign next week. And he’s doing it in good Reagan-and-Bush-era Republican fashion – carrying on about fiscal responsibility while piling up a nice fat budget deficit.
Mr. Gingrich currently has $4.3 million in debt, according to TPM Muckraker – about 20 percent of his Gross Campaign Product, which puts him in Greece territory. He has more debt than any other failed Republican presidential candidate since 1992.
Emph. added. Not that you needed it.
[Added] Interesting tidbit from the quoted TPM Muckraker link:
Tim Pawlenty closed out with $435,542 in debts which was paid off by Mitt Romney affiliates.
Hmmm! There aren't many people blander than ol' Wonder Bread Willard, but that guy who is known only for having a mullet longer than anyone else on the planet, who (Some would say) was scared out of the race by whispers that Mr. Mitch Charisma Daniels might jump in, is certainly on the short list.
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