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Mr. Gingrich, please preach to us some more about financial responsibility

Liquid Karma

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http://www.politico.com/news/stories/0511/55125.html

Gingrich, who represented Georgia in Congress for two decades, retired in 1999. But his wife, Callista Gingrich, was employed by the House Agriculture Committee until 2007, according to public records. She listed a “revolving charge account” at Tiffany and Company in the liability section of her personal financial disclosure form for two consecutive years and indicated that it was her spouse’s debt. The liability was reported in the range of $250,001 to $500,000.

Damn hypocrite.
 

Not so fast. Financial responsibility doesn't mean not spending money, even excessive amounts of money. It means don't spend money you don't have. So long as they were paying off the debts, and had the money to continue doing so, they weren't necessarily being financially irresponsible.

Now, if you had simply quoted the article and said that he's clearly a huge doucebag, I would have agreed without reservation.
 
Not so fast. Financial responsibility doesn't mean not spending money, even excessive amounts of money. It means don't spend money you don't have. So long as they were paying off the debts, and had the money to continue doing so, they weren't necessarily being financially irresponsible.

Now, if you had simply quoted the article and said that he's clearly a huge doucebag, I would have agreed without reservation.

Blowing $250K-$500K on jewelry is being financially irresponsible.
 
I agree w/ the guy from Iowa. He's an embarrassment and needs to go away.
 
At least somebody is pumping money into the South African economy.
 
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