Wednesday, January 26, 2011

Texas governor railed against ‘bailouts’ on same day he requested one


Texas Governor Rick Perry, the Democrat-turned-Republican who served as George W. Bush's lieutenant and won his third term last year, wants you to think he's not a fan of federal bailouts.

Yet, on the same day "Texans for Rick Perry" launched their "No Government Bailouts" campaign, Perry himself was lining up with the rest of the states asking for billions in federal funding from President Barack Obama's Recovery Act.

Despite having $9.1 billion in surplus in a so-called "rainy day fund," Texas faced a $6.6 billion budget deficit in the 2010-11 fiscal years. To fill that gap, the state took $6.4 billion from the Obama administration and declared their budget gap covered, freeing up the Republicans who dominated the legislature to run on their fiscal responsibility.

The day after President Obama signed the Recovery Act, Perry published an op-ed in The Washington Times, railing against "unparalleled growth in government." On his blog, he urged supporters to sign his petition against "irresponsible spending that threatens our future."...............................

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