Newt Gingrich has had everyone buzzing about will he, won’t he for months now. He’s sent “so many hints pointing in so many different directions” that he’s made more than a few folks, “dizzy trying to follow them all.”
But now, it appears, he’s made up his mind.
Rick Tyler, Mr. Gingrich’s spokesman, confirmed today that the former Republican House speaker has decided against a presidential run in 2008.
Mr. Gingrich was “presented with legal advice this morning,” said Mr. Tyler in a quick phone interview. “There was a choice presented.”
The choice was to remain chairman of his political action committee, American Solutions, or to allow advisers to move forward with an exploratory committee. But he could not, legally, do both, Mr. Tyler explained.
“So Mr. Gingrich made a choice to remain a citizen activist,” he said.
Apparently Gingrich has become to accustomed to raking in the dough to consider leading our nation… Thank goodness for that:
American Solutions, a tax-exempt committee he started last October, has paid for Gingrich’s travel and has a pollster and fundraiser on staff. The outfit has raised more than $3 million, mostly from two benefactors who each gave $1 million: Sheldon Adelson, chairman and chief executive of the Las Vegas Sands Corp., and North Carolina real estate developer Fred Godley.
Gingrich makes hundreds of speeches each year, many paid. He will not say how much he charges, and neither will the Washington Speakers Bureau, which books him. But some clients have said they paid $40,000 for a speech.
He also has a contract with Fox News for commentaries and specials; Fox said it does not disclose the terms of its contracts. Gingrich also is a senior fellow at the conservative American Enterprise Institute.
Gingrich has a daily radio broadcast on more than 400 stations, and he writes a free online newsletter with 200,000 subscribers that is distributed by the conservative news magazine Human Events.
He also has a for-profit think tank, the Center for Health Transformation, which grew out of the consulting firm he started after leaving Congress in 1999.
Ed Morrissey over at Captain’s Quarters saw this coming… And quite honestly I had the opinion that Newt was simply blowing smoke once again. Hopefully he’s done now playing the will he, won’t he game for at least this election cycle.