I say he supported neither:
“We are fed up with bailout after bailout and stimulus plan after stimulus plan, each one of which tosses principle out the window along with taxpayer money. We can’t even keep up with all the spending, be it the $700 billion Troubled Asset Relief Program (TARP), the auto industry bailout, the AIG bailout, or President Obama’s failed $787 billion ‘Recovery Act.’ The list goes on and on.” “Fed Up!” page 5
Rick Perry supported TARP [Video]
Rick Perry Fervently Supported the TARP Bailouts in 2008
"After the Emergency Economic Stabilization Act of 2008, of which the Troubled Asset Relief Program(TARP) was a part of, failed to pass in the House in its first vote, Rick Perry teamed up with Joe Manchin, who was then the head of the Democratic Governor’s Assocation. Perry and Manchin wrote and sent a letter to Pelosi, Boehner, Reid, and McConnell on October 1st, 2008 urging them to come together and pass the $800 billion bailout, which ended up costing trillions.
The letter, which you can take a look at yourself (View PDF), stated,
'As leaders of our respective organizations, we don’t always see eye to eye on policy, but we come together today with one clear purpose. We strongly urge Congress to leave partisanship at the door and pass an economic recovery package. We both believe that it’s time to stand together for our country.'"
Rick Perry, Nikki Haley push cut, cap and balance pledge
In case you don't know it, "cut, cap and balance" would have raised the debt ceiling by $2.4 TRILLION dollars.
So, it's your choice. You can believe his current campaign rhetoric, or you can believe the facts. But you can't honestly do both.
Rick Perry is a fraud.
Did you bother to read the article you just posted on cut/cap/trade from Politico?
Perry stopped short of endorsing any particular approach to the U.S. financial meltdown and warned against any measures that would allow shady business practices to continue.
“We’re sick and tired of watching Washington bicker with each other while financial markets are roiled,” he said. “The other side of that is we’re certainly not interested in Washington bailing out a bunch of irresponsible mortgage brokers in an industry that has too often been run on greed.”
Perry slams Washington for bailout failure
http://www.chron.com/business/article/Perry-slams-Washington-for-bailout-failure-1555461.php
September 30, 2008
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On September 1, 2008 Governor Perry co-wrote a letter to leaders of Congress urging them to act. The letter provided no specifics on the action to be taken. However, that TARP legislation had recently failed to pass Congress and was the only legislation being considered in Congress. The legislation that created the TARP program passed Congress on the day that the letter was written. A year later, Governor Perry stated that this letter was an attempt to spur action other than the TARP legislation.
When more bailouts were discussed after the TARP program, Governor Perry co-wrote another letter in opposition to all bailouts. He stated that the federal government was not only burying future generations under mountains of debt, but also taking our country in a very dangerous direction.
http://www.thepoliticalguide.com/rep_bios.php?rep_id=56615334&category=views&id=20110719031241
