Newt and Callista Gingrich may not be the fanciest couple in Washington, but they sure knew how to rack up the bills
The Gingriches have expensive taste. Politico reports that Callista Gingrich declared on the public record -- because she had to -- that she owed as much as $500,000 to the shmancy jewelery store, Tiffany and Co.:
In 2005 and 2006, the former House speaker turned presidential candidate carried as much as $500,000 in debt to the premier jewelry company, according to financial disclosures filed with the Clerk of the House of Representatives.
Gingrich, who represented Georgia in Congress for two decades, retired in 1999. But his wife, Callista Gingrich, was employed by the House Agriculture Committee until 2007, according to public records. She listed a "revolving charge account" at Tiffany and Company in the liability section of her personal financial disclosure form for two consecutive years and indicated that it was her spouse's debt. The liability was reported in the range of $250,001 to $500,000.
While Callista could have spent any amount in that range, $250,000 buys a whole lot of ice. To give you an idea of just how much bling one can buy with that much cash, you could purchase five sixteen-inch diamond-encrusted platinum necklaces and still have enough change left over for two yellow-diamond rings, a watch, a signature Tiffany and Co. key-ring, and, you'd still have some money left-over.
That's a whole lot of bling. Callista and Newt, we've taken it upon ourselves to Blingee you, thereby officially dubbing you Mr. and Mrs. Blingrich.