Abramoff Says Newt’s Freddie Deal is ‘Corruption’

Magiee Haberman Reports: David Gregory asked  Jack Abramoff – who finished a jail stint over a year ago on influence-peddling  charges and has been promoting his recently-published book – about the strategic  counseling fee of over $1 million that was paid to Newt Gingrich by housing  giant Freddie Mac.

“What do you make of all that?” Gregory asked.

Abramoff replied, “This is exactly what I’m talking about.  People who come  to Washington who have public service and they cash in on it.  And they use  their public service and their access to make money, and unfortunatley Newt  Gingrich is one of them who have done it.  But far too many of them do it and  one of the reforms I propose in my book is to close permanently the door, the  revolving door, betweeen public service and cashing in as a lobbyist.”

He added after another question, “I don’t know if he’ll survive this, to be  honest with you, this is a very big thing.”

“Why?” Gregory asked.

Because he is doing, and engaging in the exact kind of corruption  that America disdains.  The very things that anger the Tea Party movement and  the Occupy Wall Street movement and everybody who is not in a movement and  watches washington and says why are these guys getting all this money, why do  they all become so rich, why do they have these advantages?  Unfortunately Newt  seems to play right into it.”

When Gregory pressed on the “corruption” language and noted it’s “a heavy  charge,” Abramoff stayed with it, saying, “Yes it is.  It is corruption.  At the  end of the day, I say in the book, I believe now, although I didn’t believe then  unfortunatley, that any provision of favor or any provision of anything to  members of Congress and their staff is bribery.  And any cashing in on it by  them coming out later is corruption.”

(Read more at Politico)

  • Veteran417

    The entire governmant is friggin corrupt. Right now its insider trading. I remenber when Martha Stewart went to prison for insider trading but congress is above the law. Why? This is a country of laws not of men. Why is congress exempt? Congress makes laws and then does not have to abide by them. The laws are not for them. A congressmen has to only serve ONE TERM and can then collect full retirement. Free health care at retirement. These people become multi-billionares while in congress. Why should they get all these perks upon retirement? Joe The Plumber, remember him, is following the money. He’s running for congress. America has gone way too far. It’s time to get back to the constitution. Fire them all!