The Corner

Gingrich on the ‘Wealthy’ Competition

In an interview with Iowa Press, a public-television program in the Hawkeye State, former House speaker Newt Gingrich took a shot at two “wealthy” potential 2012 presidential contenders: Amb. Jon Huntsman, the former Utah governor, and Mitt Romney, the former Bay State governor. He also alluded to his “middle-class background.”

Glover: And what are the factors that will go into that final decision?  Just clearing up business things?

Gingrich: Well, I think part of it is the final assessment of support, I mean, to make sure that — when you have people that are as formidable as Mitt Romney who can raise a very substantial amount of money or Governor Huntsman who is personally extraordinarily wealthy.  You have to be able to, if you were to come out of a middle class background you have to be able to raise a lot of money from a lot of friends.  That is a piece of it.  And I think the other part is putting together a team that is capable of being competitive because you don’t run for President by yourself, I mean, you have to build an entire system to do it because it’s such a big, big project.  Those things are part of what — the final review would include that.

Robert Costa — Robert Costa is National Review's Washington editor and a CNBC political analyst. He manages NR's Capitol Hill bureau and covers the White House, Congress, and national campaigns. ...

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