Ron Paul Blasts Gingrich On GSE ‘Flip-Flopping’

Ron Paul Blasts Gingrich On GSE 'Flip-Flopping' The internecine conflict among the candidates for the Republican presidential nomination grew more acute yesterday when Rep. Ron Paul, R-Texas, accused former Speaker of the House of Representatives Newt Gingrich of ‘flip-flopping’ on housing finance reform.

Paul, who is chairman of the House Subcommittee on Domestic Monetary Policy and Technology, used a guest appearance on Laura Ingraham's syndicated radio program to accuse Gingrich of being ‘part of the problem’ referencing Gingrich's previous consulting work on behalf of the government-sponsored enterprises (GSEs).

‘I see him as an executive, making millions off of Fannie Mae and Freddie Mac,’ said Paul, adding he was concerned about Gingrich's perceived inconsistency on the subject of GSE reform. ‘It's probably the flip-flopping and being on different positions â�¦ How can he be wanting to clean up that mess if he's received so much money from them?’

Paul's comments were the latest in his campaign's volley against Gingrich. On Wednesday, the Paul campaign released an Internet video advertisement accusing Gingrich of ‘serial hypocrisy’ regarding the GSEs and other leading economic issues. Gingrich admitted to receiving more than $1 million from the GSEs after he retired from Congress, but insisted that he never worked as a lobbyist on their behalf.

Paul's interview also had a less serious side, with the candidate laughing at Ingraham's suggestion that he kept a voodoo doll that resembled Federal Reserve Chairman Ben Bernanke.


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