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Tuesday 17 May 2011

Presidential Candidate drops $500,000 at Tiffany's

Leading Republican presidential candidate Newt Gingrich and his wife Callista held up to $500,000 in jewellery debt with Tiffany & Co a probe by news site Politico has revealed. The information was contained in financial records filed with the clerk of the US House of representatives in 2006.

At that time the Gingrich’s declared assets of between $1 and $2.5 million dollars making their jewellery spend between 20% to 50% of their total assets. Were Newt to take the helm as leader of one of the most influential nations on earth, a jeweller like me can only wonder what the long term results would be on sales. As a-political as I endeavour to be, this candidate looks like a winner! If only Obama wasn’t so cool...

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