<snip>
True enough. Newt likely spent money on things like a diamond and platinum necklace ($45,000) that his wife Callista was spotted wearing. It sure must be fun to go back through the Getty Images of Callista and comparing them to the Tiffany's catalog.
But the point that we aren't hitting on, is that this is the sort of bullshit that we are enabling. The tax cut that Newt Gingrich received from the Bush administration didn't go to create jobs. Sure, Tiffany's probably was able to hire a "Gingrich jewelry consultant" position, but most of the money for Callista's jewelry probably went to buying the precious metals contained within. There are no commercial diamond mines in the US and platinum mostly comes from South Africa and Russia. So some the tax cuts that the Gingrich's received in 2003 that were supposed to create jobs, were instead spent on raw materials mined in Africa.
This is what we have to discuss. The uber-wealthy aren't the job creators here, and cutting them an undeserved break on their contribution to our society doesn't spur job creation. It allows them to amass more wealth, at the expense of our nation.
Newt Gingrich needs to be held up, not for mocking, but as the poster boy for what is wrong with the alchemy of trickle down economics and the degradation of civil society that it causes.<snip>
Link:
http://www.dailykos.com/story/2011/05/26/979621/-Missing-the-Boat-on-Gingrich%E2%80%99s-Tiffany%E2%80%99s-Issue?via=spotlight:kick:
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