Rick Perry Caught on Tape Lying About TARP

Edited by Tony Rutherford from Multiple Reports

Texas Governor Rick Perry, the mainstream media's leading GOP Presidential contender, has been caught in a lie, not a flip flop. In the short video clip, Perry denies that he supported TARP, the Troubled Asset Relief Program.

While in Iowa at a Town Hall event , Rick Perry was asked about his past endorsement of TARP. Perry has denied endorsing the bank bailout , when Congress voted to give $800 million dollars of our tax money to the biggest banks, like Bank of America, J.P. Morgan Chase and Goldman Sachs. The video represents Perry’s response to Rebecca Maxwell, an internet radio show producer.

The interviewer  asks, "I was wondering about your support of TARP." However, Perry shrugs that off with a "you got the wrong information... you saw wrong."

Here's a longer video but it  has clearer audio  of the words of Mr. Perry. It also explains the commentators viewpoint on a flip flop vs. a lie.

Actually, here's written proof, in 2008, Texas Governor Rick Perry and WV Governor Joe Manchin were then the chairman of the Republican Governors Association and Democratic Governors Association. The joint letter (advailable for pdf download below) "urged Congress to leave partisanship at the door and pass an economic recovery package." Before stating, "Congress needs to act now," the letter explained," this economic crisis is not just impacting Wall Street, it is also making life harder for everyday Americans."

Passage of the TARP and other recessionary stimulus measures have, by some, been credited with stimulating the rise of the grassroots conservative TEA Party branch of the GOP.

TARP is not the first "fib" made by Perry. He promised God and the people of Texas that if re-elected governor he would serve out his full four year term, claiming no intentions of running for President.