J.C Watt--HAWK on Freddie Mac--defends Gingrich--says Romney is lying.

[oreo]

J.C. Watts defends Newt Gingrich on Freddie Mac
By Amy Gardner

Republican presidential candidate and former House Speaker Newt Gingrich speaks during a South Carolina Republican presidential primary night rally Saturday in Columbia, S.C. (Matt Rourke - AP) Romney’s intensifying attacks against Gingrich over his work for the federally-backed mortgage giant.

Watts said Gingrich, a former House speaker, was never a part of the discussions on Capitol Hill about Freddie Mac. He criticized Romney for accusing Gingrich of lobbying for Freddie Mac because it isn’t true.

Watts, a former four-term congressman from Oklahoma first elected with the Republican revolution that Gingrich led in 1994, is a former chairman of FM Policy Focus, an arm of his Washington consulting firm that represented various financial institutions who were pushing for greater oversight of Freddie Mac and Fannie Mae.

“In the six years that I was chairman of FM Policy focus, we had Republican and Democrat consultants that were part of our meetings,” Watts said. “We talked to Republican and Democrat members of Congress. We talked to Wall Street types. And the first time I heard Newt Gingrich’s name was probably 45 days ago, and that was probably that first week of December, when he was getting hit in Iowa basically saying that he was peddling influence for Freddie Mac.”

J.C. Watts defends Newt Gingrich on Freddie Mac - Election 2012 - The Washington Post

Needless to say that Romney has made a lot more money off of Freddie Mac than Gingrich ever did. After all he has invested 500 million into both Fannie Mae and Freddie Mac according to his recent income tax returns. Gingrich maintains he has never lobbied for any company- of-which he did consulting services for various private sector companies including Micro-soft and others.