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NASHUA, NH -- Rick Perry focused his ire on Wall Street on Wednesday, castigating "high rollers" and reckless DC insiders who "snookered" Americans.
Perry struck populist notes while stumping in the Granite State today, following a day's worth of campaigning in which he focused on immigration.
"What's wrong with America can be diagrammed on a napkin," he told guests at a Chamber of Commerce breakfast in Nashua Wednesday. "And it is a straight line between two dots. Between Washington and Wall Street."
"Americans were snookered into deals with zero down and balloon payments and the regulators fell asleep at the switch," he said after accusing "washington politicians" of pressuring Fannie Mae and Freddie Mac into offering risky loans.
"They were betting against America," he said of bankers "who hatched get rich quick schemes" to profit off the market crash.
Perry has been hitting upon a reformist theme in recent weeks on the campaign trail, calling, for instance, for a ban on insider trading in Congress, and calling for the ouster of several top Obama administration officials, including Treasury Secretary Tim Geithner, Attorney General Eric Holder and Ben Bernanke, the chairman of the Federal Reserve.
Perry has aggressively derided Treasury and Fed officials this week after a Bloomberg story revealed previously unknown Fed loans to banks in late 2008.
He has also worked to paint himself as an "outsider" both to big banks and the Beltway crowd. It's been a tool he's used, too, to distinguish himself from his primary opponents; Perry called both Newt Gingrich and Mitt Romney "substantial insiders on Wall St and Washington, D.C." during television interviews this morning.
Perry also committed a minor error in his interview this morning on Fox News, talking about his work to get ready for New Hampshire's "caucuses." The state, rather proudly, hosts a primary, which is the first such contest in the country.
The Texas governor later admitted the flub.
"Yep I did," he said, asked if he made a gaffe with the comment. "I will do that from time to time."
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Oversimplify much?
I'll go you one simpler.
Wall Street. No lines, no dots.
These days Washington is a subsidiary of Wall Street.
This is now a country of the corporations and for the corporations.
"Americans were snookered into deals with zero down and balloon payments and the regulators fell asleep at the switch,"
Now that is funny! Yeah, the regulators "fell asleep at the switch." That's like saying, "The horse I just shot in the head refuses to get up and take me to town."
What is up with the tea baggers and their obsession with durable paper goods?
First Santorum and now Slick Rick...
I can see bat @!$%# crazy Bachmann now;
@Feisty
I think the Koch brothers have something to do with paper products.
Sorry Feisty, all Bachman would say is "I worked for the IRS and Obama Care is the devil".
"What's wrong with America can be diagrammed on a napkin,"
Even if it were diagrammed on a napkin I doubt Rick Perry would have the ability to read and understand said napkin.
Perry is wasting our time. I really had hopes for him. I thought he would be the not-Romney until his personal issues came to the fore like Herman Cain's have. But it didn't even take that long! His lack of mental capacity killed him before his closet could.
PS - My hopes for Perry came from the same place as my hopes for Cain.
Rick perry is still in?.....i thought he was hittin the bottle again
I love you, Fiesty. You're so over the top!
LOL!
It's a rough job, but, someone has to do it! ;o)
Regulators fell asleep at the switch? Huh.
Guess Perry figures he's having no luck winning the Republican nomination, he might as well try for the other party's.
I see the BIG LIE from democrats continues......it's the rich and the republicans that are responsible for the growing income inequality.
Guess what? More money has been "transfered" by the democrat social security and medicare programs than the bush tax cut and reagan tax cuts combined!
Billions of dollars are taken from young wage earners who may not pay much in terms of income tax but certainly have money taken from them to pay retirement and medical care for older, affluent americans. We need to means test.
That is why we need to reform entitlements, social security, and medicare and vote out the democrats that want to keep us on this ruinous path of economic destruction!
Wow! The ultimate pay to play politician, Perry using the phrase "snookered"? Go take a nap already. It's noon somewhere in the U.S.
Yet 2/3 of Washington is controlled by dems. and for 2/3 of the Obama administration, 100% of the branches were controlled by dems.
Btw - Where is Obama today ..... 3 fund raisers in NYC.
Good Bob,
I'm glad my president is doing something positive today. After all, congress is doing nothing. Let me repeat. Congress is doing "nothing". So fund raising and talking to America is "doing something". Obama 2012.
Well at least Perry has made it known that he wants everyone 21 years and older to vote for him on November 12, 2012. I personally think that's a great plan!!
That would be zero votes for Perry on election day. Let's hope the nutty tea partiers vote him in.
These republican sons-a-bitches keep talking about toilet paper and napkins the prices will go so high the rest of us will have to go back to wiping our mouths with our sleeves, and our butts with cobs. Damn raucous bastards.
Really? Seems the repub Congress has passed a budget. Has Obama done that? And how many years has been since the dem controlled Senate produced one?
Really?
America is spending $10,000 a plate to listen to Obama? Or would that be the rich and the Wall Street guys?
Yep....and gone by, nothing but a bad Wall Street sell-out bust, by January 2013.
"What's wrong with America can be diagrammed on a napkin" - politicians.
Rob, that is so much baloney.
I think we can all agree that we must remove the money from Politics. Campaign money from special interest must end, Term Limits and if your serving the public that's your income and nothing else. This would go a long way in fixing our problems.
I'd hate to imagine having to listen to that voice day in and day out. He has the most annoying voice I have heard since Dubya Bush.
Perry's voice is like a combination of ignorant hillbilly speak mixed with an effeminate pronunciation of "S" sounds.
Intensely unpleasant.
Better than Bachman's voice.
The only thing that comes from Texas is Steers and Republicans. The paper napkins have to be shipped in from Mexico.
Yes, Perry is an outsider. An outsider idiot, with no clue.
Hasn't Perry been in politics most of his life?
Only real job he has ever had was in Texas state politics. Think that says it all.
Perry - "I'm running for President for 3 reasons........oops.....I forgot what they were."
@ rob in ma it sounds like (a) you should have stayed in ma or, especially, (b) your grandparents should have taken you camping and lost you.
LOL @ JimD
I'll go farther. Rob in MA is like the type of person that is very difficult to feel sorry for when bad things happen to them.
Karma is a wonderful reality.
Perry is indeed an out-liar not an outsider!
No, Perry is an outsider - outside of reality!
But, phancy, he's got that 'swagger' thingy!
Would someone PLEASE put Gov. Perry out of his misery and send him home? (Although I am sure the folks of Texas would like to see him stay away)
In case you are wondering how in the world Texas survived Perry's reign (and Dubya's before him) might I point out that the Governor in Texas is afforded very little power. The fear of carpet baggers was, at one time, overwhelming in Texas.
At least they were smart enough to have Ann Richards. Just loved her "poor George" speech. She was one tough, smart cookie. I miss her.
Wish the 'stay away' game would keep Slick Rick away but it appears that nobody wants him. His mega bucks doesn't seem to help...why is he staying in is anybodys guess. Further, he doesn't have enough sense to be embarrassed!
Com'on TeaPeople, take him, please!
Chilled: Can say the same about Newt. It'll never happen though. He's happy as a hog loose in a barn full of new corn. Actually reminds me of such.
We are all cheering for Rick down here in Texas. We can"t wait for him to step down as Governor so we can vote for someone sane.
Never thought I would say this but I agree with Gov Perry on one thing. Tim Geitner really hasn't been effective as Sec of Treasury. More was expected of him.
Just to prove how little Perry actually understands, he talks about "politicians pressuring Fannie Mae and Freddie Mac into offering risky loans."
Fannie and Freddie didn't offer loans -- private banks and mortgage companies made loans. Fannie and Freddie provided a secondary market by buying up the loans these free market companies had made, allowing the private sector to go out and make more loans.
His lack of understanding of even the most basic aspects of an issue he talks about speaks to his completely unsuitability for any public office.
Don't you know that nuance is the devil's work!
For Republicans facts just get in the way of a good argument.
terje : All tea baggers claim that, and most republicans. They claim wallstreet was an innocent and well meaning victim. Perry may or may not know any better. Either way He's pandering to a gang of liars.
This is a good point - and so is Mac's - that republickers will overlook or fail to understand. It's their standard claim: Fannie and Freddie did it all. What they fail to understand is (a) the mortgage lending business, (b) the simple fact that republicans, as shills for the rich, have been vitriolically opposing fannie and freddie since the first second of their existence.
Their other claim is that huge masses of poor people, egged on by the democrats, went out and got loans they couldn't afford. This assumes that there are all these fiendishly clever poor people who went out and fooled all these cute, innocent, naively trusting loan officers and mortgage salesmen.
Any loan officer with four or five months experience can tell when somebody's lying on a mortgage app. (Unless the applicant is a real estate investor, who tend to be true pros at mortgage fraud. Then it takes 7 or 8 months experience.)
The only way for poor people to get a high dollar mortgage loan is for the loan officer to tell them what to say on the application.
Everything republicker's say are talking points based on unproven assertions.
Jim D-406742: You said it better than I ever could. These people who couldn't afford these homes the republicans talk about? This is their veiled version of PURE,RAW RACISM. Thank you Jim
Texas
Queston....anybody know where Bob#####, with his great new logo went?
Just askin'
I think I may have scared him off yesterday.
What can I say, he's an idiot.
And his NBO logo, which he was so proud of.......wimps and idiots are easily frightened.
Good job, nisl
Chilled - He will be back. As pathetic as it is I'd guess that we are about as close as Bob gets to having friends. And most of us think Bob is a nincompoop. How sad is that?
Do liberals infest conservative websites like conservatives infest liberal websites? Why would anyone want to do that? I'm all for the free exchange of ideas, but wingnut trolls tend to limit themselves to posting tired already-debunked right wing propaganda. Why? They can't possibly think they will change any minds by quoting Rush Limbaugh, can they?
He's at 3%...Huntsman is more viable than he is in NH...He couldn't draw a crowd if he set himself on fire on main street, so who cares?
Perry "I make flubs now and then"...
does he know he difference between "now and then" and "consistently"?
"I make flubs now and then" is his way of saying "I ain't too bright, but since I'm runnin' for president, I keep gettin' asked to talk about stuff I just don't understand."
@terje
Dam it's scary to know a regular person has a clear understanding if how things work at Fannie Mae and Freddie Mac and not the career politician - Slick Rick
Is this guy still in the race? Yesterday he showed he doesn't know the minimum age for voting (he said it was 21) or the date of the general election in 2012 (he said November 12).
Perry never got the whole "young enough to die in war, not old enough to vote" thing. He thought all that was a little too deep.... lol
Delirium tremens.
Well lets look at the facts. Obama has a 46% approval rating congress has a 8% approval rating. The Dow was at 7,949 on bush last day in office. almost every bank has repaid there loan back plus interest. GM is once again a public traded company. What Republican are running on is to end a women right to choose. Stop the gays in the military from getting married. They also want religion taught in the public schools. They are clueness on healthcare. Talk to someone who works at a hospital ER. Today 35% of the people are skipping out on their medical bills. These republican havn't got a clue! Unemployment today for a person holding a BS degree is 3.8% so if you can't find a job blame yourselves.
He made another flub recently, encouraging voters who reached age 21 to vote for him on Nov 12; oblivious to the fact voting age is 18 and election is NOT Nov 12.
Remember, he is the product of Texas public schools of which he is so proud, he led recent legislative effort to slash $4 billion from public school budget.
Shows why he said he wants to cut the U.S. Dept. of Education... seems like he thinks everything's fine with education in Texas and in the U.S.
Yes Jimmy, we need to have our national education strategy look just like the one that is lead by the Texas School Board. That has produced great results, like a 66% high school graduation rate. And, of course, the ones who do graduate have the lowest average SAT scores of any state except Mississipi. But it all works out well because there are so many minimum wage jobs available that you don't need a college degree in Texas...
Sad part is that it's actually harder finding jobs with a college degree in Texas...
Funding for Texas schools went the way of our Social Security Trust fund...STOLEN by our government to create the 1%!!!!
All petroleum lease and royalty money from Texas public lands (including 12 miles out in the gulf) was earmarked for education from the very beginning of the oil industry. Th Lotto as put in with the understanding that 100% of the profit to go to education! Instead it goes to make Texas millionaires billionaires
Rick Perry is just doing what Jesus tells him to do.
Cut education,fire,ambulance,911,workers rights,police,unemployment benefits, women's health,social security,medicaid,medicare,food stamps. And give tax cuts for billionaires,outsource jobs,Build Toll Roads,Increase Property Taxes,Voter Suppression, Secede from the union,reject high speed rail, disband the EPA, close libraries, Red light cameras on every corner, Anti small business,Prohibition,.....ETC.
Vote for Rick because he is a fine example of Christianity.
Little ricky is so cute.. Not bright of course, but great hair !!
But Fannie, and Freddie didn't "offer" loans, or "make" them, .. they bought them.
"" he said after accusing "washington politicians" of pressuring Fannie Mae and Freddie Mac into offering risky loans.""
" Oil Company Puppet " Perry is done. Now the crooked corporations and polluting gas, mining and oil companies can bribe and bankroll another dumb Republican.
And indeed they will.
Rick Perry is such a stupid goober I can't believe anyone takes him seriously. He's even dumber than George W. Bush
Wow. Attacking Wall Street. Does Rick have a tent yet? Does Supply Side Jesus know that Perry is attacking the "job creators"?
"Scary Perry is NO Populist America! Read, research, and think about his policies in Texas. His voting record is very far from Populist in political nature, and "Scary Perry" economically can not even spell Populist.
What everyone overlooks about Ridiculous Rick is that his success has proven to him that he doesn't have to know anything about anything.
It works like this: somebody gives him money. Then they tell him what to do. He does it. Next time, they give him more money. Surefire formula for political success.
who's rick perry????
Funny that you villify the OWS people trying to enact change which you seem to agree with.
Rick Perry is what passes for an intellectual in Texas. Sigh!
Hey, hey... Please... An intellectual everywhere except... Dallas/FW, Houston, San Antonio, Austin... The majority of people here in live in those cities... they are blue (Dem) cities too. If everyone actually voted in gubernatorial elections, he would have been gone years ago...
oops Perry forgot to tell you that straight line from Wall St to Washington runs right through Austin!
Intellectuals get run out of town on a rail in Texas! So if you have an IQ higher then an Armadillo's belly you best keep a low profile!