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Update: Gingrich bumps Corzine as Batman’s Two-Face!

November 17, 2011: It takes a lot to shock Hollywood. But the news that Newt Gingrich has bumped Jon Corzine as supervillain Two-Face in the next Batman is making jaws drop in Dream City. Corzine was reportedly in like Flynn; his duplicitous doings at MF Global made him Two-Face to the max. Sure, Jon had heavy competition from the powers-that-be at Penn State, but sports figures often flop on the big screen. (See OJ in assorted turkeys.) Sources close to Batman’s producers say Jon was already sitting for his Two-Face make-up when a story broke at Bloomberg about Newt Gingrich being paid $1.6 million over eight years for acting as advisor to housing bubble enabler Freddie Mac.

So what sez you, what’s Two-Face about that? Well kiddies, ever since the bubble-derived economic meltdown of 2008, Gingrich has been a humongous critic of Freddie Mac and its partner in crime (the kind that never gets prosecuted) Fannie Mae. Even saying that Massachusetts congressman Barney Frank ought to go to jail for his tight past relationship with Freddie Mac’s lobbyists.

Does this epitomize Two-Face or what? Batman’s producers did a Molly Bloom and said “yes”. Jon out, Newt in.

Prior to 2008, Newt (gotta love that name ) allegedly buzzed into the ears of Freddie Mac lobbyists, telling them how to sell the “company’s public-private structure” in a way “that would resonate with conservatives seeking to dismantle it”. Meanwhile, at the White House, top Freddie Mac lobbyist Mitchell Delk channeled Newt when pitching expanded home ownership programs to President Bush. The channeling took place during the period when Freddie and Fannie were hot to roll out ever more extreme experiments in mortgage-derived madness. (Lest we forget, Freddie and Fannie aren’t lenders; they buy and securitize mortgages, turning them into taxpayer-backed investment fodder.) According to Delk, Dubya was hip to what the political bennies “could be for Republicans and…. their relationship with Hispanics.”

Not that Dubya was all opportunism and no ideals. Remember The Ownership Society? It opened well among neocons, then nosedived into bailout land. So far, Fannie Mae and Freddie Mac (or is it “Mack”?) have raked in roughly $169 billion of rescue. Both say they need more. Much more. Freddie alone is seeking $1.8 billion.

Question: Should Newt Gingrich kick his Batman bux back to taxpayers? I say “yes!” His turn as Freddie Mac’s Janus landed him the way cooler role of Two-Face. He owes us big time…

Carola Von Hoffmannstahl-Solomonoff

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Copyright (c) 2011 by Carola Von Hoffmannstahl-Solomonoff. This material may be freely distributed subject to the terms and conditions set forth in the Open Publication License. This license relieves the author of any liability or implication of warranty, grants others permission to use the Content in whole or in part, and insures that the original author will be properly credited when Content is used. It also grants others permission to modify and redistribute the Content if they clearly mark what changes have been made, when they were made, and who made them. Finally, the license insures that if someone else bases a work on this Content, that the resultant work will be made available under the Open Publication License as well.


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