Okay, so remember when Newt Gingrich, who claimed to be able to cure all the economic woes of America, ran for president in 2012?

And he overspent his campaign account by $4.6 million?  You know, because he’s a economic genius.

So then he tried to stiff the people he owed money to.  Newt offered a Debt Settlement Plan (DSP) to the Federal Elections Commission (FEC) to put this matter behind him.

Newt’s offer was :  I pay diddle squat and all the people I owe money can either (1) cry me a river, or (2) go straight to hell.

Well, I’ll be damned, the FEC said, “Nope, you dope.”

Click here to read it in a nice, big PDF.  You’ll be glad you did because lookie who can cry a river now.

Thanks to Alfredo over at the Dairy Queen for the heads up.