Liberal arts majors, take note

Updated
 
Hang in there, historians.
Hang in there, historians.
Ingrid Taylar/Flickr

I used to know this guy in college who was majoring in history, and every time someone asked what he planned to do with his degree, he’d say:

I’m going to open a history store.

Dude was onto something. Now comes the news that Newt Gingrich made a bundle in his work as a “historian” for Freddie Mac.

Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.

The total amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored by CNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.

It’s no wonder counting Mr. Gingrich’s profits from historian-izing takes a while. Just look at his schedule – he’s very busy running for president, his second job after selling his history books and documentaries. Dream big, he told the students in Iowa yesterday, as in $1.6 million plus an empire big.

P.S. For everyone who guessed this explanation for Mr. Gingrich saying he’s been at this tough-guy thing for 53 years, bingo.

(Photo: Ingrid Taylar/Flickr)

 

Newt Gingrich

Liberal arts majors, take note

Updated