So it appears that Newt Gingrich’s health care think tank is now officially as financially bankrupt as it is intellectually and morally:
Republican presidential hopeful Newt Gingrich’s health-care think tank has filed for Chapter 7 bankruptcy.
The Center for Health Transformation, which has offices in Washington, D.C., Atlanta, and St. Louis, plans to liquidate its assets, according to a filing Wednesday in U.S. Bankruptcy Court in Atlanta. Download the filing here.
What love to have some forensic accountants pore through those books. But like I said, he’s already two cons down the road. Gotta pay those Tiffany’s bills.
Evolving Deep Southerner
“Pore” through the books. /pedant
Tonal Crow
But but but but sanctity of contracts! My word is my bond! 1950s traditional family values! Only lib’rals go bankrupt! Waaaaaaaaaaaaaah some commenter on a blog somewhere was mean to me!
John Cole
@Evolving Deep Southerner: God, that was embarrassing.
David Koch
Reince compares women to caterpillars.
Here’s a hint, one of these is not like the other.
http://imageshack.us/photo/my-images/43/caterpillarwomen.jpg/
Alison
“Republican presidential hopeful”.
Ahem. Fact-check, please. Because as referenced in John’s post title, I don’t believe this motherfucker ever actually thought he’d be elected, nor did he give a shit so long as he was getting to bluster and bloviate on TV and sell some books. And even were that not true, that word “hopeful” is doing a shit-ton of work there at this point.
cathyx
I wonder who they owe money to.
jesus h. tapdancing christ
Clearly, generally accepted accounting principles have a librul bias.
John PM
Sounds like it is time to pierce the corporate veil and go after Newt’s assets. Make him worry about his own dough for a change.
dollared
“Springtime for Hitler and Germany/winter for Poland and France!”
MattF
Now, there’s a concept: declaring moral bankruptcy. Chapter 11, chapter 7, and now chapter 666.
dlnelson
He has been dropped like a hot mess. The powers that be do not like him anymore. The only folks that pay taxes anymore are folks that work for a salary. All of the C packs (pick any number) are all tax exempt. Millionaires and billionaires are protected, also all religions. The middle class is supporting the oligarchy, and they are still not happy. They want more. The R’s are running out of excuses. My god, how can voters be so dumb.
ruemara
@MattF: Win. Please await our producer so we know where to deliver your internets.
burnspbesq
It served its purpose and now it’s being given a decent burial.
moderateindy
Is the use of the word pore, as in pore over his books, the correct usage? I always thought it was pour, have I been using it incorrectly all these years? Just curious.
jl
I love it when I get to be the most cynical person at this cynical blog. The Gingrich health care think tank was one of the few things he has ever done which produced straightforward and good analysis.
This was the organization that put on shows where you can see Newt explaining why universal coverage is an important part of a comprehensive health reform, and presenting ideas close to Romney/Obama care.
The history of the place is checkered with good and bad, but there is enough good in it to be inconsistent with current GOP wingnut economic theology. I think Gingrich would be happier now if it had never existed, and I wonder whether this bankruptcy, and likely extinction, is a strategic repositioning on part of Newt. He would like to bury it, since it is bad for funding future Gingrich consulting and self promotion operations.
Shalimar
Newt knows so much about health care that it took 3 possibly fully staffed offices to spread his message. Why must the evil soc1alist Obama administration continue regulating our job creators into bankruptcy like this?
Levi Johnston
Probably gonna be picked up by Romney and sold off in spare parts.
Marcellus Shale, Public Dick
bankrupt think tank, that is almost as good of a band name as transvaginal ultrasounds or light sweet crude.
Gary Fuckett and the Mindless Gap
George C Scott already played Newt Gingrich in the movie about Gingrich’s life – ‘The Flim Flam Man’
mainmati
@moderateindy: Oh c’mon people! John used the word correctly: pore means to examine closely and critically. Pour is what happens to spilt milk amongst other things. Also too.