POLITICS
06/22/2011 12:54 pm ET Updated Aug 22, 2011

Debt-Ridden Newt Gingrich Wants To Know 'Who Got The Money?'

When I heard yesterday that Newt Gingrich had suffered yet another round of his campaign staff quitting en masse, I naturally wondered, "My word! How many staffs does this man have, and why have they all not quit yet?"

Well, apparently, Gingrich retains the assistance of people who make web videos, because today he's up with a campaign infomercial called "Who Got The Money?" Politico's Maggie Haberman notes some irony, because the answer seems to be, "Not Newt Gingrich."

Newt Gingrich's top two fundraising advisers resigned on Tuesday, and officials said the Republican candidate's hobbling presidential campaign carried more than $1 million in debt.

That's okay, though, because Gingrich is "different" and has "big ideas" like using YouTube to talk about some more of those "big ideas," and in this case, his "big idea" seems to be "stealing the whole 'Audit the Fed' idea."

WATCH:


Now, personally speaking, I welcome enhanced scrutiny of the Federal Reserve, if only because I'd like some attempt to be made at retroactively administering some fund accounting on the many bailout measures that were taken to rescue the malefactors of the 2008 financial crisis. But Gingrich doesn't seem much to care about the root cause of our misery and the handouts of that era.

Instead, his additional "big ideas" include inflation panic and the repealing of any or all regulation of the financial sector. It's basically a call to remove financial cops from the beat under the auspices of scrutinizing the Federal Reserve, and a return to Wall Street's pre-crash ways.

If Gingrich keeps this up, he stands a good chance of finding many deep-pocketed campaign contributors who might be willing to offset his campaign's debt.

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