When all his top staffers quit, I declared Newt Gingrich’s campaign dead on arrival. Now it’s even more dead. His top fundraisers have now quit and say his campaign is deep in debt.
The departures of fundraising director Jody Thomas and fundraising consultant Mary Heitman were the latest blow for the former House speaker who watched 16 top advisers abandon his campaign en masse earlier this month, partly because of what people familiar with the campaign spending described as a dire financial situation.
These people, who spoke on the condition of anonymity because they were not authorized to discuss the campaign inner workings, said the former Georgia lawmaker racked up massive travel bills but money had only trickled in since he got into the race earlier this spring.
These officials said that he is at least $1 million in debt. The current fundraising quarter ends June 30, and Gingrich will have to disclose his campaign finances by July 15. He is personally wealthy and could fund his campaign out of his own pocket, at least in the short term, to keep his campaign afloat.
And this bit of self-delusion is almost touching:
Gingrich has insisted that he will not abandon his troubled bid and will continue fighting for the Republican nomination for president “no matter what it takes.” He’s revamping his campaign, given the series of departures.
“Newt 2012 continues its reorganization and alignment as a grassroots driven, substantive, solutions-oriented campaign,” a spokesman, R.C. Hammond, told The Associated Press, adding that the campaign is “as committed as ever.”
At this point Newt resembles the Black Knight from the Holy Grail — it’s just a flesh wound! This could easily go down as the most embarrassing campaign in modern political history. And isn’t that just delightful?