August 23, 2015
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6:43Now Playing"Much like Donald Trump today, at one point Newt Gingrich held the frontrunner position in the 2012 Republican primary election. His campaign plodded on using borrowed money for months after most people realized Gingrich didn't have a chance, and when Newt 2012 finally ended, it crashed in a heap of debt that may never be repaid.
The campaign still owes $4.6 million to dozens of businesses that provided things like transportation, voter canvassing and yard signs. The former speaker of the House’s debts put him in company with fringe weirdo Lyndon LaRouche, a perennial presidential pretender since the 1980s who owes $3.2 million across four campaign accounts.”*
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Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
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