Thus ends Newt’s campaign, with an offer to campaign for Mitt:
Former House speaker Newt Gingrich, on the eve of suspending his roller coaster presidential bid, said in an interview with USA TODAY that he will embrace Mitt Romney’s candidacy Wednesday and is ready to campaign for his former rival.
Looks like the end has come for Newt.
Newt Gingrich plans to formally leave the Republican presidential race next Tuesday, senior campaign aides told Fox News, after struggling for months to turn around his sagging bid for the White House.
The former House speaker will “more than likely” endorse Mitt Romney when he makes his announcement to either suspend or end the campaign, a source said.
Utah Elections Director Mark Thomas said a designated agent for the Gingrich campaign brought the filing papers and a check for $500 in March, but the state was notified by the bank that the check had bounced. He said the office has tried to contact the Gingrich campaign through the telephone number and email provided on the application, but has not received a response.
Well, this isn’t going to do his campaign any good (emphasis in original):
In another black eye for Newt Gingrich, the flagship of what’s known in Washington as “Newt, Inc.,” has filed for bankruptcy.
In a Chapter 7 filing in the U.S. Bankruptcy Court, Northern District of Georgia, The Gingrich Group LLC, doing business as the Center for Health Transformation, filed for bankruptcy Wednesday. (Chapter 7 is “the chapter of the Bankruptcy Code providing for ‘liquidation,’ that is, the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors,” as defined by the federal courts.)
He may say that he’s still going to be a candidate, but actions speak louder than words:
Newt Gingrich is cutting back his campaign schedule, will lay off about a third of his cash-strapped campaign’s full-time staff, and has replaced his manager as part of what aides are calling a “big-choice convention” strategy, communications director Joe DeSantis told POLITICO.