By now most of you have probably read the Washington Post’s Wild West account of how Dick Armey tried to seize control of FreedomWorks with an armed militia formed from K Street roustabouts (or something).

ABC News has the followup:

Former House majority leader Dick Armey says he took an $8 million consulting deal in return for leaving the conservative organization FreedomWorks because the group was “dishonest” and because he “couldn’t leave with empty pockets.”

The arrangement, he says, will allow him to “never have to work again forever.”

In an interview with ABC News as he was winding down his Wii Fit workout, Armey spoke frankly and at length about his dispute with FreedomWorks, his eyebrow raising consulting contract, and the strategy of the Republican Party.

Under the terms of the deal, Armey will receive $400,000 a year until he is 92 – a total of $8 million – to be a consultant for Stephenson.

“I can talk about economics because I am an economist,” Armey said. “I can talk about what’s going on on the Hill, in politics, who’s a winner, who’s a loser, things of that nature.”

For some reason, I can’t help but find the image of Armey working out on a Wii Fit hilarious. I’m also looking forward to DC finally having someone willing to discuss the tough issues like “who’s a winner, who’s a loser, things of that nature.” We definitely don’t have enough of that sort of talk at the moment.

But most of all, I’m relieved. I for one am going to sleep much easier this weekend knowing that despite the FreedomWorks turbulence Dick Armey has acquired a parachute (made of money) to guide him to a soft landing (into a lake of money).

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Jesse Singal is a former opinion writer for The Boston Globe and former web editor of the Washington Monthly. He is currently a master's student at Princeton's Woodrow Wilson School of Public and International Policy. Follow him on Twitter at @jessesingal.