Thursday, December 29, 2011

Gingrich's 527 Back in the News

A Washington Post story discusses the link between contributions made to American Solutions for Winning the Future, a 527 organization started by Newt Gingrich, and Ginginch's shifting stands on energy policy.

Gingrich started American Solutions in 2007 to fund his travel and speaking engagements.  The organization went bankrupt in August 2011, after Gingich the candidate had to sever ties with the nonprofit.  See a New York Times story describing the closing of the organization, which had raised and spent over $50 million.

The Post story explains that in 2008, shortly after joining with Nancy Pelosi to voice concern over climate change, Gingrich began advocating drilling and greater use of coal and also worked to block cap-and-trade legislation.  Energy companies responded by making substantial contributions to American Solutions.  The changes in Gingrich's stands on energy issues seem to reflect both opportunism on his part and the growing force of money in politics and policy.

sng

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