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Imagine What Newt Gingrich Could Do To The Country

August 27, 2011

This is a perfect story.

(WordPress has issues today, so the link is provided this way…..http://thecaucus.blogs.nytimes.com/2011/08/26/gingrich-fund-raising-group-shuts-down/?partner=rss&emc=rss)

Newt Gingrich’s struggling presidential ambitions appear to have claimed another victim: his own organization.

American Solutions, a fund-raising organization that Mr. Gingrich formed in 2007 to finance and promote his speaking and traveling schedule, has gone bankrupt and closed its doors, according to a watchdog organization.

The Center for Public Integrity attributed the news to the group’s chairman, Joe Gaylord, a longtime associate of Mr. Gingrich.

In four years, the group, formally called American Solutions for Winning the Future, raised more than $50 million. As a so-called 527 organization, the group could raise unlimited amounts of money. Mr. Gingrich used the group as a way to promote his ideas of government reform.

Campaign finance reports showed that much of that money went to pay for charter flights for Mr. Gingrich as he traveled the country, keeping his political profile high.

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