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At a recent debate, Newt Gingrich told America that he received $300,000 from Freddie Mac for his advice as "a historian."

And late last night, we learned from Bloomberg that Gingrich actually received between $1.6 and $1.8 million in consulting fees from Freddie Mac over the years.

I was so outraged by this that I wrote up an article for Fool.com:

http://www.fool.com/investing/general/2011/11/16/the-history-of-freddie-mac-and-newt-gingrich.aspx 

The Washington lobbying culture is just so far out of control that it's hard to know where to begin. 

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