Newt Gingrich’s Donors Begin to Flee

|| Shortly after Sunday's performance on Meet the Press Newt Gingrich's donors began to flee. ||

Buh Bye!

If you are thinking Newt Gingrich’s week could not get any worse,

You’d be wrong.

Not only is the former Speaker getting slammed by conservatives across the country,

Donors abandoning Newt Gingrich’s presidential campaign as well.

The former House Speaker from Georgia’s once biggest advantage over other long shot candidates — an established fundraising network — is withering before his eyes.

“The last 48 hours have called into question if Newt can even make it to July 4, because his fundraising is going to dry up,” said one veteran Republican strategist.  “No serious finance bundler is now going to step forward in such an organized campaign and take a leadership role.”

Another Republican operative said he had spoken with an old friend of Gingrich’s in the South who had been planning a fundraiser for the campaign.  There were 18 co-chairs for the event until Gingrich’s appearance on “Meet the Press” Sunday, where he labeled Rep. Paul Ryan’s (R-Wisc.) proposed budget “radical” and “right-wing social engineering.”

“He said like 13 of them dropped off within 24 hours of ‘Meet the Press,’” the GOP source told The Huffington Post.

Everyone knew that Newt Gingrich’s mouth would eventually doom his presidential bid,

But nobody expected his eventual demise to occur so soon.