Posted by
Corthell on Monday, September 29, 2008 4:10:20 PM
Gingrich: ‘Final collapse of the Bush administration’
Former House Speaker Newt Gingrich (R-Ga.) said the Wall Street bailout plan pushed by President Bush signaled the “final collapse” of the current administration. “The Bush administration has now provided three case studies in arrogance, isolation and destructiveness: Michael Brown during Hurricane Katrina, Ambassador Jerry Bremer in Baghdad and Secretary [Henry] Paulson at Treasury,” Gingrich said. “It is a tragic and very expensive legacy. No conservative and no Republican should doubt how much it has hurt our cause and our party.”
The former Speaker reiterated his call for the resignation of Treasury Secretary Henry Paulson.....