• If Debt Were Delegates, Newt Gingrich Would Be the GOP Nominee

    Newt GIngrich in South CarolinaFrankly, it is fundamentally a travesty of justice, a perversion of reason, to award party nominations based upon such socialist criteria as votes received and delegates earned. I remain steadfast in my belief that it was the godless liberal and the anti-American Democrats who foisted this arcane system onto the U.S.

    Clearly, a more free-market friendly capitalist-embracing way to decide the nominee to to see who can rack up the largest debt. That's the foundation upon which this country was founded after all

    [Newt Gingrich's] campaign remains the most indebted in the country according to Forbes research. As of March 31, 2012 (the most recent federal filing available), Gingrich’s campaign owed consultants and vendors $4.3 million — including more than $1 million for private jet service and $271,775.58 to the candidate himself for travel expenses.

    Primary candidates often outspend themselves in pursuit of their party’s nomination, hoping that they’ll be able to raise enough money to cover bills once they’ve united the party’s donors. Even so, Gingrich’s campaign debt is unusually large: Rick Santorum, who lasted nearly as long as Gingrich in the Republican nominating contest and won twice as many delegates, has less than half as much campaign debt as of March 31.

    This may seem excessive, but what you're not considering is how expensive it is to buy souvenir Tiffany refrigerator magnets for every city you travel through. And that's not even factoring in the cost of having them made custom for all the cities that don't offer them.

    Which, by the way, is way more than you'd think.

    Photo by John W. Adkisson/Getty Images News/Getty Images

    Tags: Money, Newt Gingrich, Primaries, Republicans


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