Hannity Praises Gingrich And His "Extended Standing Ovation" For Attacking John King
January 20, 2012 9:32 pm ET
From the January 20 edition of Fox News' Hannity:
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STFU punk. Your posts have nothing at all. NOTHING. You are the very definition of vapid
King should have asked Newt why he felt justified attacking Clinton for having no family values while he was cheating on his wife at the same time. Then follow that up with why abused his power as speaker to ram through impeachment proceedings against Clinton.
Link
He's been complaining that the media didn't question Obama about Ayers and Wright and they gave him a free pass. But now the media is questioning Gingrich about his private life.
How can Hannity simultaneously attack the media for going after someone's private life and then also attack them for not going after someone else's private life.
OK, he's trying to prove a point about how politically biased the media is.
Unfortunately, Obama was being severely questioned and interrogated for years about his personal life by Hannity, his colleagues on Fox and Talk Radio. Meanwhile, Hannity is the master at lobbing softball interviews and letting republicans do damage control and on his show.
So, it's okay for Hannity and Fox to be biased and nobody else? If Hannity wanted real credibility on this issue, he would have said that it was RIGHT for the media not to go after Obama's private life and it is WRONG for them now to go after Gingrinch.
But we all know this game.
And he is the only one to this day who brings up Obama's very loose affiliation to Bill Ayers. He should seeks help for that.
Considering Newt's Congress mercilessly pursued Bill Clinton back in the 1990's and ultimately impeached him for Clinton's lies regarding an affair, it would seem newsworthy that Newt himself was engaging in similarly immoral behavior. The irony posed by revelations in the new Marianne Gingrich interview is obvious and newsworthy. Of course, this will not stop conservatives from incessantly childishly whining about some supposed "double-standard", because they are very easily thoroughly convinced by self-servingly convenient arguments that reinforce their faulty preconceptions.
And Newt is going to find that out, sooner or later.
Gee, a bunch of hard-core Southern Republicans like some race-baiting and media-bashing. I wonder what their go-to 'news' channel is.
Stop the presses!
Probably a group of the most backward, uninformed right wing goobers you could get together, the Fox base who've been programmed for years with the exact bullsh*t newt's selling.
If there was any "wising up" going on with them, they wouldn't be them.
Cheering executions
Cheering the prospect of allowing an uninsured person to die
Booing a gay soldier
It reflects poorly on South Carolina that Newt's race baiting and 19th century attitudes about the poor go over so well.
I didn't think so.
Just look at how dismissive Trump was to the media that dared to ask him why he was pushing birtherism.The arrogance of Trump and Gingrich is remarkable in that they don't really get called out on it.They both take no criticisms of themselves as appropriate but they dish it out to anyone that disagrees with them.Romney is on his way to the same defensiveness.Any question on his double V(Venture/Vulture)capitalism tenure at Bain is dismissed as just envy and being Un-American.What would David Brinkley,Eric Sevaried or Walter Cronkite think of this sad state of journalism?The attack on any media that isn't right wing-biased as being "liberal and/or Elite" is working ..but WHY??Why isn't the media using facts to fight back?
The only person in the media I've seen not crediting Gingrich with a victory is Rachel Maddow ( I posted a link above).
You just can't make Newt up.
Lubbers Agency, Inc. and Gingrich Holdings, Inc. are apparently S corporations. Schedule E to the Gringrichs' tax return shows them as deriving approximately $2.5 million from them as corporate profits, which is certainly mostly attributable Gingrich Holdings, Inc. Line 7 of their 1040 shows approximately $450,000 in wages, and the "salary and wages" report shows Newt as being paid $252,500 of that as salary by Gingrich Holdings, Inc.
So the total income that Newt got from Gingrich Holdings, Inc. was about $2.75 million, $252,000 in wages and the rest as corporate profits, not taxed at the corporate level but at the shareholder level to the S corporation election.
So what, you may ask?
Well, the so what is that profits derived through S corporations aren't subject to the Medicare tax, which is imposed on self-employment income without any limitation (imposition of FICA/Social Security tax, by contrast was limited to the first $106,000 of income in 2010). By being an S corporation rather than say a partnership or an LLC, and paying himself a paltry salary compared to what he was getting paid, Newt and Callista saved about $75,000 in self-employment/Medicare tax.
Callista, per Schedule SE, paid $268 in self-employment tax on $10,000 in directors' fees from someplace.
This became notorious when it came to light in 2004 that John Edwards was using this tactic with respect to his law practice, paying himself $320,000 in wages and claiming the rest was corporate profits rather than income from self-employment. Needless to say, he was widely criticized for it by current fans of Newt.
The question I would like to ask Newt is whether he was the highest paid employee of Gingrich Holdings, Inc. and if not who was it who was more valuable to the company than him. Then I would like him to compare his wage compensation to the wages and earnings of comparable lobbyists, consultants, lawyers, and "historians".
The IRS has repeatedly said it will challenge people using this scam if they pay themselves inordinately low wages in order to avoid the 2.9% Medicare tax.
"There are also serious questions about his misuse of his own S-type corporation to dodge taxes...."
http://townhall.com/tipsheet/michaelmedved/2007/02/01/is_it_fair_to_mock_edwards_over_uncle_johns_cabin
http://townhall.com/columnists/robertnovak/2004/03/01/the_edwards_loophole/page/full/
http://www.nysscpa.org/cpajournal/2006/506/essentials/p46.htm
I sure hope somebody picks up on this. The "Edwards Loophole" should henceforth be known as the "Edwards/Gingrich Loophole", at a minimum.
Can we add Newt to Hannity the King Maker's wall of fame along with:
Doug Hoffman
Sharon Angle
Christine O'Donnell
Oh wait, you're not actually backing the Grinch. Want to be able to host them all your little propaganda hour.