General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy won't Mitt attack Gingich's Tiffany line of credit?
Because to Romney it is normal to have such credit lines.
Xipe Totec
(43,889 posts)elleng
(130,861 posts)he's got HOUSES and HOUSES and HOUSES!
DJ13
(23,671 posts)The solid gold debit card is all he uses.
jmowreader
(50,552 posts)The issue with Newt's Tiffany account wasn't that it was so large, it's that it's an interest-free account--leading to quid pro quo issues because, among other things, Newt knows people who could write preferential treatment for precious metals held for manufacturing purposes (remember, Tiffany is a manufacturer of items made from precious metals) into the tax code.
karynnj
(59,501 posts)I would wonder if this wasn't - in essence - a discount given to him because of his large purchases there. Interest rates have been low, so if you try to estimate what the real cost to Tiffany might be less than offering a 5% discount.
jmowreader
(50,552 posts)He is a member of all the top conservative think tanks. If you were to go to any of them and ask, "what is the most certain way to stimulate growth in America?" they would all tell you to cut the capital gains tax rate or eliminate it altogether.
Oh, trust me: there are people who spend more at Tiffany than Newt Gingrich does, and they don't get interest-free charge accounts.
Missy Vixen
(16,207 posts)Tiffany is a public company. It's hard for me to believe that million dollar credit lines are routinely awarded, especially with Gingrich's financial history.
We might also muse on the fact that the million dollar credit line was ten percent of Gingrich's entire financial worth, allegedly.
Ilsa
(61,694 posts)That would make for a fun exchange between the two.
Bozita
(26,955 posts)Strange for a woman married to a guy with a mega-credit line at Tiffany's.
loyalsister
(13,390 posts)If he attacks it he'll get called out for being a hypocrite. Santorum might be able to get away with it. That attack transfers to Romney, so he probably won't. Santorum is in a position to sit back and let them forget all about him while they attack each other.
DCKit
(18,541 posts)Gingrich and Romney on the attack, destroying each other. All Santorum needs to do is kick back and stay in the race to become the nominee.
Still, he's not going to win it. He looks like a wealking - not mean, not very smart and not incredibly manly. Just not going to happen.
karynnj
(59,501 posts)Gingrich is trying to claim that the ethics investigation found nothing and that it was just political - Romney is making sure people know that he was kicked out over it.
Attacking NG for the Tiffany line of credit is something the ultra-wealthy Romney could not do without it backfiring.