Nearly every major political figure in the country, and even some not-so-major figures, has an email list. When used effectively, officeholders and candidates can use these lists to send out news, alerts, announcements, and plenty of appeals for contributions.
But once in a while, these lists are used in a very different kind of way. Take former House Speaker Newt Gingrich (R-Ga.), who's maintained a sizable list for years, and who parlayed his failed presidential campaign into an even larger email list.
And how, pray tell, does Gingrich put it to use? Yesterday, an email was sent from the "Office of Newt Gingrich," with a subject line that read, "CIA Insider issues urgent warning for seniors." The email identified "an advisor to the Office of the Director of National Intelligence" who, the message claimed, "probably knows more than anyone else in America about the inner workings of the government, the economy, and the U.S. banking system."
All of which led to the demagogic pitch:
"In short, Jim Rickards sees a big challenge ahead for any American in the process of saving for Retirement. We're talking about not only a huge collapse in the stock market (up to 70% or more) but also a collapse in the currency system, which could wipe out bank deposits, retirement plans, and more.
"But... and this is important...
"Even though the next collapse is imminent, there's still time to make the necessary moves to protect you and your family. That's why Jim Rickards just wrapped up a brand new 'playbook' for the coming collapse."
And wouldn't you know it, the message from the "Office of Newt Gingrich" is ready to send you a copy of the "playbook" so you'll be ready before the "huge collapse," which could "wipe out retirement plans." (Remember, the email subject line said this is a warning "for seniors.")
The email's postscript adds that there's an exclusive "missing chapter" to the book, which can also be sent to you, but "is not available anywhere else."
So, Newt Gingrich was, not too long ago, the most powerful lawmaker in Congress. He was, for a while, a leading presidential candidate. He's a staple on the Sunday shows and co-hosted his own national television program.
And he's now been reduced to ... this?