Two former CEOs of Fannie Mae and Freddie Mac (FMs) were charged with fraud in connection with the 2008 financial crisis. It was an action initiated by the Securities Exchange Commission.  It is my understanding that before the SEC charged these two executives it reached an agreement with Fannie and Freddie not to charge them in exchange for their cooperation with the SEC in the cases against the CEOs. The investigation has been on-going for several years and has been rumored to have been settled several times. 

       Coincidentally, the SEC charges have risen to the top of the heap just at the precise time Gingrich has reached the top of the republican POTUS candidates. Further, the attacks on him questioning his legitimate consulting with the two FMs lead by Michele Bachman have reached the top of the heap also. The convergence of these events seem to me to be more than a mere twist of fate. 

Gingrich needs to be prepared. Why? Because in my opinion, the media, random republicans and many democrats will increase their efforts to characterize Gingrich’s association with the two FMs as dangerous. The accusations will somehow stretch the association, like an elastic band, to capture Gingrich in the middle, and squeeze him out of his front runner position.  And they will succeed. 

If this approach is successful, it will catapult Romney to the front of the dwindling pack.  However, I am betting that Gingrich will not go quietly into the night and may not go at all, but this latest SEC endeavor will surely put Romney in the front. In  my opinion, if the republicans are not aggressive with their defense of Gingrich, their passivity may give Obama 4 more years to rest his feet on the Oval office desk. A rush to judgement about Gingrich and the FMs is exactly what the democrats want.

Romney has been doing better in the debates.  However, once the FM debacle is resurrected and Gingrich is loosely associated with them, Romney should leap to defend Gingrich. Romney will need all the help he can get to beat Obama. Without Gingrich’s help, it is unlikely Romney can beat Obama in any sort of election battle. 


     Romney looks good in a debate, and Obama is a skilled debater, but Gingrich is just much better than either of them. He may not be as handsome as Romney or have Obama's oratorical cadence skills, but Gingrich has the facts.

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