Gingrich’s Historical Scholarship Even More Lucrative Than Previously Believed

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AMES, IA - AUGUST 11:  Republican presidential candidate former House Speaker Newt Gingrich is pictured during a commercial break at the Iowa GOP/Fox News Debate on August 11, 2011 at the CY Stephens Auditorium in Ames, Iowa. This is the first Republican presidential debate in the state ahead of Saturday's all important Iowa Straw Poll. (Charlie Neibergall-Pool/Getty Images)
Photo: Charlie Neibergall-Pool/Getty Images

When asked at a November 9 Republican debate about the $300,000 he was paid by Freddie Mac, Newt Gingrich explained that he had been hired as a "historian." Now it turns out he was actually paid between $1.6 and $1.8 million.

Historians don’t come cheap! I once needed a historian. He told me it would cost $1,000 just to come to my house, and that was before I had to pay him anything to tell me that my fundamental analysis was, frankly, completely stupid and I needed a new paradigm.